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Baker Hughes' (BKR) Q1 earnings benefit from higher contributions from Oilfield Services and Equipment, as well as the Industrial & Energy Technology business units, fueled by significant contract win
Baker Hughes (BKR) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.28 per share a year ago.
Oilfield services firm Baker Hughes beat analysts' estimates for first-quarter profit on higher international drilling demand.
First-quarter highlights Orders of $6.5 billion, including $2.9 billion of IET orders. Revenue of $6.4 billion, up 12% year-over-year.

Baker Hughes Declares Quarterly Dividend

04:05pm, Tuesday, 23'rd Apr 2024
HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Clas
HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco

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In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States increased, but the count for natural gas declines.
Baker Hughes (BKR) maintains a strong balance sheet with a net debt-to-adjusted EBITDA ratio of 0.9X and a total liquidity of $5.6 billion as of the end of 2023.
Baker Hughes' (BKR) Q1 earnings are likely to have been affected by declining oil prices and geopolitical tensions, despite increasing demand for clean energy.
In its weekly release, Baker Hughes (BKR) reports that the total count of rigs in the United States decreased, reflecting a slowdown in drilling activities.
Baker Hughes (BKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors of Halliburton and Baker Hughes are likely to pile up pressure on the top U.S. oilfield service companies to follow the steps of bigger rival SLB in beefing up their portfolios through deals
Baker Hughes (BKR) and Black & Veatch collaborate to electrify Cedar LNG, driving sustainable energy solutions in Canada and beyond.
In its weekly release, Baker Hughes (BKR) reports that the total count of rigs in the United States decreased, reflecting a slowdown in drilling activities.
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