Baker Hughes beats quarterly profit estimates on oilfield technology demand
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.
Baker Hughes profits rise on strong gas infrastructure orders
Baker Hughes beat analyst expectations in the fourth quarter thanks to an 8% year-over-year revenue leap and a 36% spike in adjusted net income boosted by gas infrastructure orders.
Baker Hughes Increases Quarterly Dividend by 9.5%
Baker Hughes raised its quarterly dividend to 23 cents a share from 21 cents. The new payout, equal to 92 cents a year, represents an annual yield of about 2.1% based on Wednesday's closing price of $43.
Baker Hughes: Q4 Earnings Snapshot
Baker Hughes shares have increased almost 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $44.60, a climb of 52% in the last 12 months.
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 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. The company, which provides oilfield products,
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 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 ...
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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 ...
In Novel Oil and Gas Feud, 5th Circuit Gives Choice of Arbitration Venue
The U.S. Fifth Circuit appeals court tackled a novel arbitration dispute where an arbitration forum of choice ceased to exist ...
Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG
Baker Hughes to supply power island and liquefaction train systems, and signs multi-year services frame agreement to support phases 1 and 2 of ...
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 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%.