U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Tuesday.
Low reliance on debt should enable oilfield service companies to access capital on favorable terms in a volatile business environment, underpinning a promising outlook for the Zacks Oil and Gas- Field Services industry. HAL, BKR and OII are thus well poised to gain.
Ananym said it expects a potential separation could result in an about 51% immediate upside through realizing Baker's sum of parts valuation.
Chart Industries reported a Q3 loss due to a breakup fee from a replaced deal with Baker Hughes. Shareholders approved the new Baker Hughes proposal. GTLS's stock price reflects high confidence in deal completion.
Baker Hughes NASDAQ: BKR proved its shareholders right and its skeptics wrong with a double-beat in its third-quarter earnings report. The energy technology company generated revenue of $7.01 billion, more than the $6.81 billion expected and up by 1% year-over-year (YOY).
Baker Hughes Company (NASDAQ:BKR ) Q3 2025 Earnings Call October 24, 2025 9:30 AM EDT Company Participants Chase Mulvehill - Vice President of Investor Relations Lorenzo Simonelli - Chairman, President & CEO Ahmed Moghal - Executive VP & CFO Conference Call Participants John Anderson - Barclays Bank PLC, Research Division Arun Jayaram - JPMorgan Chase & Co, Research Division Stephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research Division Scott Gruber - Citigroup Inc., Research Division James West - Melius Research LLC Marc Bianchi - TD Cowen, Research Division Presentation Operator Good day, ladies and gentlemen, and welcome to the Baker Hughes Company Third Quarter 2025 Earnings Call. [Operator Instructions].
BKR Q3 earnings and revenues beat estimates, fueled by robust Industrial & Energy Technology growth.
Baker Hughes (BKR) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.67 per share a year ago.
Oilfield services provider Baker Hughes surpassed Wall Street expectations for third-quarter profit on Thursday, helped by strength in its industrial and energy technology unit.
Baker Hughes is set to post Q3 results as weaker oil prices and lower forecasts test its earnings streak.
Here is a look at what to expect from energy stocks FTI, VLO, BKR, and XPRO ahead of their quarterly earnings reports, which are set to be released Oct. 23.
U.S. oilfield services firm Baker Hughes is collaborating with Controlled Thermal Resources in California to develop one of the world's largest single geothermal power projects, with plans to market the electricity to data centers, the companies said on Tuesday.