Strait of Hormuz Closure Feared Until Mid-2026
The CFO of Baker Hughes has stated that the Strait of Hormuz could remain closed until the second half of 2026, amidst ongoing tensions in the Middle East.
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The CFO of Baker Hughes has stated that the Strait of Hormuz could remain closed until the second half of 2026, amidst ongoing tensions in the Middle East.
Baker Hughes is targeting $325 million in synergies from Chart and anticipates that its Industrial & Energy Technology (IET) orders will surpass $40 billion by 2028.
Baker Hughes Company conducted its earnings call for the first quarter of 2026, sharing its financial performance and strategic insights for the period.
Baker Hughes exceeded Q1 revenue expectations with $6.59 billion, and saw a 26% increase in orders, with its IET segment reaching a record $4.9 billion.
Hexagon has announced its intention to acquire Baker Hughes' Waygate Technologies for $1.45 billion.
Baker Hughes (BKR) has announced that it secured a strategic order for gas compression equipment in Argentina.
An earnings preview outlines what analysts and investors can expect from Baker Hughes' upcoming financial report. The article details key metrics and potential surprises for the energy technology company.
An article examines whether Baker Hughes Company (BKR) stock is currently a good investment opportunity for buyers.
ST LNG has chosen Baker Hughes as its technology provider for an upcoming U.S. offshore Liquefied Natural Gas (LNG) project.
Baker Hughes has been awarded a contract by Petrobras to provide turbomachinery services.
Baker Hughes reports that the U.S. drilling count has increased, marking the first rise in four weeks.
Oppenheimer has highlighted several stocks, including Apple (AAPL), Alcoa (AA), Baker Hughes (BKR), and Amgen (AMGN), as top performers for momentum.
The U.S. drilling rig count has remained unchanged for the second consecutive week, according to Baker Hughes.

Tanker traffic through the strait remains very low as the U.S. and Iran try to enforce competing blockades during a fragile ceasefire agreement.
SLB and Baker Hughes anticipate an increase in oil exploration spending, driven by supply disruptions caused by the ongoing conflict involving Iran.
Baker Hughes announced a significant increase in its net income for the first quarter of 2026, reaching $930 million, indicating strong financial performance for the period.
An article provides an analysis on whether Baker Hughes Company (BKR) is a favorable stock investment at the current time.
Baker Hughes has announced an all-cash deal to sell its Waygate Technologies unit to Hexagon for $1.45 billion.
Baker Hughes reported that U.S. drillers have reduced the number of active oil and gas rigs for the third week out of the last four, indicating a continued trend in drilling activity.
The number of drilling rigs operating in the U.S. has decreased for the second week in a row, according to a report by Baker Hughes.
Baker Hughes has announced a partnership with Google Cloud to develop and implement AI data center solutions.
Baker Hughes is implementing a significant artificial intelligence transformation across its operations to enhance efficiency and capabilities.
Baker Hughes, Halliburton, and Transocean stocks each saw a 5% increase, with reports detailing the specific reasons behind each company's market movement.
An analysis questions whether Baker Hughes' stock is outperforming the S&P 500 index, evaluating its relative market performance.
Baker Hughes has priced a dual-currency debt offering totaling $6.5 billion and €3 billion.
Vallourec and Baker Hughes have formed a strategic alliance to advance the scaling of green hydrogen storage solutions.
Baker Hughes reported that the total number of U.S. drilling rigs increased by one, but the count of oil rigs specifically fell.
Baker Hughes reported first-quarter revenue that surpassed estimates by $260 million, driven by a significant increase in liquefied natural gas (LNG) orders.
Middle East disruptions are significantly impacting oilfield activity and global supply chains, leading companies like Baker Hughes to report hits to operations and Dow to adjust its revenue and EBITDA forecasts for Q2.

Goldman Sachs reported first-quarter revenues that beat expectations, showing regional shifts and increased loss provisions, though its stock experienced a decline despite the positive earnings report.
Baker Hughes has announced its intention to sell its Waygate Unit to Sweden's Hexagon for approximately $1.45 billion, in a significant business transaction.
Baker Hughes is set to deliver compression units for a gas pipeline project in Argentina.
US drillers have cut the number of active oil and gas rigs for the second week in a row, according to a report from Baker Hughes.
HMH Holding, backed by Baker Hughes, is seeking a valuation of up to $948 million in its upcoming US initial public offering.
An analysis of oil services stocks suggests that one company is significantly outperforming its peers, with Baker Hughes, Halliburton, and SLB being key players in the sector.
The U.S. drilling rig count has increased for the second straight week, according to Baker Hughes, indicating a potential uptick in domestic oil and gas exploration.
Valero Energy and Baker Hughes have seen their stock prices surge, while First Solar's stock has declined in 2026, reflecting varied performances in the energy sector.
Baker Hughes is reportedly planning to sell $10 billion in cross-border bonds, according to Bloomberg.
Baker Hughes has been awarded a contract to supply 25 generators, which will be used to power an artificial intelligence (AI) data center.