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BKR / Baker Hughes: High Growth Justifies A Premium Multiple

Baker Hughes: High Growth Justifies A Premium Multiple
Baker Hughes shares have risen over 50% in the past year, driven by an up-cycle in upstream oil and gas investment and growth in LNG and clean energy businesses. The company's oil field services and equipment business and its industrial and energy technology unit are both experiencing strong growth. Baker Hughes has a strong backlog and is well-positioned for continued revenue growth, making it an attractive investment opportunity. Read More
Posted: Oct 12 2023, 21:28
Author Name: Seeking Alpha
Views: 112541

BKR News  

Baker Hughes data show a fall in the weekly active U.S. oil-drilling rig count

By Market Watch
November 3, 2023

Baker Hughes data show a fall in the weekly active U.S. oil-drilling rig count

Baker Hughes BKR, -0.25% on Friday reported that the number of active U.S. rigs drilling for oil fell by 8 to 496 this week. That followed three conse more_horizontal

Baker Hughes Company (BKR) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 26, 2023

Baker Hughes Company (BKR) Q3 2023 Earnings Call Transcript

Baker Hughes Company (NASDAQ:BKR ) Q3 2023 Earnings Conference Call October 26, 2023 9:30 AM ET Company Participants Chase Mulvehill - Vice President more_horizontal

Baker Hughes raises full year revenue forecast on demand for LNG equipment

By Reuters
October 26, 2023

Baker Hughes raises full year revenue forecast on demand for LNG equipment

Oilfield and liquefied natural gas supplier Baker Hughes on Thursday raised its full year revenue forecast, primarily on strong demand for its liquefi more_horizontal

Here's What Key Metrics Tell Us About Baker Hughes (BKR) Q3 Earnings

By Zacks Investment Research
October 25, 2023

Here's What Key Metrics Tell Us About Baker Hughes (BKR) Q3 Earnings

While the top- and bottom-line numbers for Baker Hughes (BKR) give a sense of how the business performed in the quarter ended September 2023, it could more_horizontal

Baker Hughes swings to a profit with 3Q expectations beat

By Proactive Investors
October 25, 2023

Baker Hughes swings to a profit with 3Q expectations beat

Baker Hughes Incorporated stock rose 2% after the bell Wednesday after the company swung to a profit with its third-quarter results.  The oil field more_horizontal

Baker Hughes beats quarterly profit estimates

By Reuters
October 25, 2023

Baker Hughes beats quarterly profit estimates

U.S. oilfield technology firm Baker Hughes beat third-quarter profit estimates on Wednesday, driven by strong demand for its services and equipment in more_horizontal

From Bill Gates to the pope, talk of carbon capture and its efficacy is dividing society

By CNBC
October 25, 2023

From Bill Gates to the pope, talk of carbon capture and its efficacy is dividing society

The sector's potential was a hot topic at the recent ADIPEC oil and gas conference. more_horizontal

Is Baker Hughes (BKR) Stock Outpacing Its Oils-Energy Peers This Year?

By Zacks Investment Research
October 24, 2023

Is Baker Hughes (BKR) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Baker Hughes (BKR) and Chord Energy Corporation (CHRD) have performed compared to their sector so far this year. more_horizontal


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