Baker Hughes Beats Quarterly Profit Estimates on Oilfield Technology Demand
(Reuters) -U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, helped by demand for its industrial and technology products. Orders jumped 44% rise in its gas technology equipment, lifting revenue in its industrial and energy technology (IET) segment to $3.5 billion.
Baker Hughes Announces Fourth-Quarter and Full-Year 2024 Results
Fourth-quarter highlightsOrders of $7.5 billion, including $3.8 billion of IET orders.RPO of $33.1 billion, including IET RPO of $30.1
Baker Hughes 4Q Revenue, Profit Rise on Higher Orders
Baker Hughes posted higher revenue and profit in the fourth quarter, driven by higher orders and strength across its industrial and energy-technology unit.
Baker Hughes: Q4 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Baker Hughes Co. (BKR) on Thursday reported fourth-quarter earnings of $1.18 billion. The Houston-based company said it had net income of $1.18 per share. Earnings, adjusted for non-recurring gains, came to 70 cents per share.
Baker Hughes beats quarterly profit estimates on natgas technology demand
U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, as robust demand for natural gas equipment and services helped offset weak sales of its drilling gear in North America.
Baker Hughes Company Q4 Profit Increases, Beats Estimates
Baker Hughes Company (BKR) released earnings for its fourth quarter that increased from the same period last year and beat the
Baker Hughes (BKR) Q4 Earnings and Revenues Surpass Estimates
Baker Hughes (BKR) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.
Baker Hughes enters supply agreement with Venture Global
(Reuters) -Oilfield services provider Baker Hughes said on Thursday it has signed an agreement with Venture Global to support ...
Baker Hughes' Results Top Expectations
Baker Hughes reported robust fourth-quarter results that highlighted its strategic initiatives in energy transition ...
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Baker Hughes secures ‘significant’ contract for work on $100 billion Saudi Aramco gas development
Aramco continues to prioritise the phased development of its massive Jafurah unconventional project, with multiple contracts ...
Baker Hughes call volume above normal and directionally bullish
Bullish option flow detected in Baker Hughes (BKR) with 5,908 calls trading, 2x expected, and implied vol increasing almost 2 points to 32.69%.
Baker Hughes Enters New Supply Contract for Aramco Gas Field
Baker Hughes said it entered into contract with Tecnicas Reunidas to supply six gas compression trains and six propane compressors for Aramco's Jafurah gas field in Saudi Arabia's Eastern Province.
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Baker Hughes wins pair of contracts from rising US LNG exporter
Oilfield services titan says Venture Global pact includes ‘modularised’ LNG system and long-term maintenance work ...
Baker Hughes boosts dividend 10% to 23c per share
Baker Hughes (BKR) announced that its board of directors declared an increased quarterly cash dividend of 23c per share of Class A common stock ...