Baker Hughes Company (BKR)
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US drillers cut oil and gas rigs for fifth week in six, Baker Hughes says
U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week, with the count falling for a fifth week in six, energy services firm Baker Hughes said in its closely followed report on Friday.
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Baker Hughes CEO on opportunities in AI, new power demand
Lorenzo Simonelli, Baker Hughes chairman and CEO, joins 'Money Movers' to discuss where Baker Hughes fits into the AI story, the amount of power needed for the digitalization of the economy, and much more.
Here's Why Baker Hughes (BKR) is a Strong Value Stock
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Baker Hughes Launches CarbonEdge to Revolutionize CCUS Operations
The introduction of CarbonEdge is a significant leap in the CCUS technology, which positions BKR as a leading player in the industry.
US drillers add oil and gas rigs for first time in five weeks, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks in the biggest weekly rise in a year, energy services firm Baker Hughes said in its closely followed report on Friday.
Baker Hughes Has Two Catalysts In Two Years
Baker Hughes Company is well-positioned in the energy sector, focusing on gas technology and LNG to meet global natural gas demand and enhance oil well production lifecycles. Management targets 20% EBITDA margins for OFSE and IET by 2025 and 2026, respectively, driven by operational enhancements and cost-cutting measures. Despite lower rig utilization and oil prices, Baker Hughes finds strength in enhanced oil recovery and subsea systems, with significant projects booked in gas tech and LNG.
Baker Hughes Company (BKR) Barclays 38th Annual CEO Energy-Power Conference (Transcript)
Baker Hughes Company (NASDAQ:BKR ) Barclays 38th Annual CEO Energy-Power Conference Call September 4, 2024 8:35 AM ET Company Participants Lorenzo Simonelli - Chief Executive Officer Conference Call Participants Dave Anderson - Barclays Dave Anderson Since the merger of the GE Oil & Gas and Baker Hughes, we've been fortunate with our front-row seat to the company's transformation as they've used our conference to roll out its annual presentation and evolving strategy each year. So, it's been an impressive journey for the company, and I believe a lot of credit for Baker's execution strategy and culture belongs to Lorenzo Simonelli, CEO of Baker Hughes.
Here's Why Baker Hughes (BKR) is a Strong Growth Stock
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US drillers cut oil and gas rigs for third week in a row - Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since late June, energy services firm Baker Hughes said in its closely followed report on Friday.
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