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Baker Hughes Company (BKR)

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37.93 +0.38 (+1.01%)
At close: 4:00 PM EDT
37.79 -0.14 (-0.37%)
After hours: 4:38 PM EDT
Loading Chart for BKR
DELL
  • Previous Close 37.55
  • Open 37.89
  • Bid 35.91 x 100
  • Ask 38.00 x 1700
  • Day's Range 37.49 - 38.03
  • 52 Week Range 28.32 - 39.05
  • Volume 4,304,496
  • Avg. Volume 6,557,846
  • Market Cap (intraday) 37.946B
  • Beta (5Y Monthly) 1.37
  • PE Ratio (TTM) 19.25
  • EPS (TTM) 1.97
  • Earnings Date Oct 22, 2024
  • Forward Dividend & Yield 0.84 (2.24%)
  • Ex-Dividend Date Aug 6, 2024
  • 1y Target Est 43.31

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The IET segment provides gas technology equipment, including drivers, driven equipment, flow control, and turnkey solutions for the mechanical-drive, compression, and power-generation applications; and energy sectors, such as oil and gas, LNG operations, petrochemical, and carbon solutions. This segment also provides rack-based vibration monitoring equipment and sensors; integrated asset performance management products; inspection services; pumps, valves, and gears; precision sensors and instrumentation, and condition monitoring solutions. It serves upstream, midstream, downstream, onshore, offshore, and small and large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company was incorporated in 2016 and is based in Houston, Texas.

www.bakerhughes.com

57,000

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News: BKR

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Performance Overview: BKR

Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

BKR
13.21%
S&P 500
20.57%

1-Year Return

BKR
12.70%
S&P 500
35.98%

3-Year Return

BKR
62.74%
S&P 500
31.99%

5-Year Return

BKR
94.50%
S&P 500
97.59%

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Statistics: BKR

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Valuation Measures

Annual
As of 10/3/2024
  • Market Cap

    37.30B

  • Enterprise Value

    40.91B

  • Trailing P/E

    19.06

  • Forward P/E

    14.29

  • PEG Ratio (5yr expected)

    0.78

  • Price/Sales (ttm)

    1.40

  • Price/Book (mrq)

    2.40

  • Enterprise Value/Revenue

    1.51

  • Enterprise Value/EBITDA

    10.14

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    7.37%

  • Return on Assets (ttm)

    5.15%

  • Return on Equity (ttm)

    13.03%

  • Revenue (ttm)

    27.03B

  • Net Income Avi to Common (ttm)

    1.99B

  • Diluted EPS (ttm)

    1.97

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.28B

  • Total Debt/Equity (mrq)

    37.50%

  • Levered Free Cash Flow (ttm)

    1.07B

Research Analysis: BKR

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 7.14B
Earnings 579M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

36.00
43.31 Average
37.93 Current
50.00 High
 

Company Insights: BKR

Research Reports: BKR

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  • Self-Help Initiatives and Volume Leverage Drive Margin Expansion

    Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with a high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

    Rating
    Price Target
     
  • Self-Help Initiatives and Volume Leverage Drive Margin Expansion

    Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with a high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

    Rating
    Price Target
     
  • Baker Hughes Earnings: Self-Help Initiatives and Volume Leverage Drive Margin Expansion

    Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with a high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

    Rating
    Price Target
     
  • Looking for a more favorable entry point

    Baker Hughes was formed from the merger of Baker Hughes Inc. and GE's oil and gas business in July 2017. BKR is the world's third-largest oil services company, with annual revenues of $25.5 billion in 2023, and approximately 55,000 employees. Over the long term, it expects to generate approximately 30% of revenue from the U.S. and 70% from international markets.

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