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U.S. energy firms this week added rigs for a seventh week in a row for the first time since May 2022, energy services firm Baker Hughes said in its closely followed report on Friday.

If you put $10,000 into the VanEck Oil Services ETF (NYSEARCA:OIH) at the closing bell on December 31, 2025, you were sitting on roughly $15,100 five months later.

BKR wins multi-year contract extensions with Equinor in the North Sea, expanding its role in drilling, well services and intervention solutions.

ACA, BKR and BFC have been added to the Zacks Rank #5 (Strong Sell) List on June 1st, 2026.

BKR, ASH and AB have been added to the Zacks Rank #5 (Strong Sell) List on May 28, 2026.

Integrated drilling and well services solutions support developments offshore Norway Intervention services extend the life and performance of existing wells in the North Sea HOUSTON and LONDON, May 28, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday two significant contract extensions with Equinor to provide integrated drilling and well services solutions, as well as wireline intervention services. These multi-year extensions will support Equinor's offshore hydrocarbon production goals in the North Sea.

Baker Hughes NASDAQ: BKR Chairman and Chief Executive Officer Lorenzo Simonelli said the company has become “very different” from the traditional oilfield services business it was a decade ago, emphasizing a broader strategy focused on industrial energy solutions, natural gas, power generation and lower-emissions technologies.

Baker Hughes Company (BKR) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

HOUSTON and LONDON, May 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil's Santos Basin.

Expansion of well construction solutions utilizing advanced technologies to support oil and gas developments in pre-salt offshore fields Integrated solutions approach unlocks incremental value for complex operations HOUSTON and LONDON, May 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil's Santos Basin.

EU antitrust regulators will decide by June 26 whether to clear oilfield services firm Baker Hughes' $13.6 billion acquisition of Chart Industries , according to a European Commission filing.

Helmerich & Payne and BKR are partnering to accelerate geothermal development in the U.S. with dedicated drilling capabilities and advanced energy technologies.

On May 18, 2026, Baker Hughes Co (BKR) shares rose 3.2% to a current price of $66.20. The stock has seen a significant price increase in the past year, with a 7

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since September 2025, energy services firm Baker Hughes said in its closely followed report on Friday.

AVNS, BKR and CAG have been added to the Zacks Rank #5 (Strong Sell) List on May 15th, 2026.

AB, BKR and ASH have been added to the Zacks Rank #5 (Strong Sell) List on May 13th, 2026.

U.S. energy firms this week added oil and natural gas rigs for a third week in a row, the first three-week streak of increases since early February, energy services firm Baker Hughes said in its closely followed report on Friday.

For the last two years, investors were trained to chase anything tied to artificial intelligence.

The oil and gas services company also reported record order volume for the quarter. It is, however, seeing some disruption to its business from the war in the Middle East.

Baker Hughes is set to transform materially with the imminent acquisition of Chart Industries. The combined entity will benefit from post-Iranian crisis repair demand and elevated commodity prices. Strategic focus will be on integrating Chart's decentralized factory model and leveraging a unified sales effort to drive quality control and rapid growth.

Baker Hughes Co. (NASDAQ:BKR) reported upbeat first-quarter results after the closing bell on Thursday.

Arizona State Retirement System lessened its holdings in Baker Hughes Company (NASDAQ: BKR) by 7.7% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 270,696 shares of the company's stock after selling 22,670 shares during the period. Arizona State Retirement System's holdings in

Adjusted EBITDA: $1.16 billion, exceeding guidance range.Adjusted Earnings Per Share (EPS): $0.58, up 13% year-over-year.Adjusted EBITDA Margin: Increased by 1

Baker Hughes Company (BKR) Q1 2026 Earnings Call Transcript

It will take months for the Strait of Hormuz to reopen, according to Baker Hughes, one of the most infuential oilfield service firms in the world. A Dallas Fed Energy survey of oil and gas executive found nearly 80% believe the strait will not reopen until August or later.

Top oilfield services companies SLB and Baker Hughes said on Friday they expect higher spending on oil exploration and production, as tighter global supplies driven by the Middle East conflict highlight the need for investment, particularly in North America.

BKR's bottom line beats Q1 2026 estimates as IET strength drives earnings, orders surge 26% and revenues rise on solid segment performance.

Baker Hughes (BKR) is rated Hold, as strong long-term potential is offset by a fully valued share price and macro risks. BKR reported robust Q1 results, record backlog, and significant portfolio transformation, including another major divestiture amid the pending Chart acquisition. Management targets FCF conversion near 50% of Adj. EBITDA by 2026 and aims to de-lever to 1.0x–1.5x net debt/EBITDA within 24 months post-acquisition.

Baker Hughes (BKR) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.5 per share. This compares to earnings of $0.51 per share a year ago.

Oilfield services provider Baker Hughes surpassed Wall Street expectations for first-quarter profit on Thursday, helped by strength in its industrial and energy technology unit.

HOUSTON and LONDON, April 23, 2026 (GLOBE NEWSWIRE) -- Baker Hughes Company (Nasdaq: BKR) ("Baker Hughes" or the "Company") announced results today for the first quarter of 2026. "Our exceptional first-quarter performance highlights the strength of our portfolio and the momentum we are building as we progress through Horizon 2(1).

HOUSTON and LONDON, April 23, 2026 (GLOBE NEWSWIRE) -- Baker Hughes Company (Nasdaq: BKR) ("Baker Hughes" or the "Company") announced results today for the first quarter of 2026.

HOUSTON and LONDON, April 23, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on May 15, 2026, to holders of record on May 5, 2026.

Baker Hughes Company (NASDAQ:BKR) will release earnings for its first quarter after the closing bell on Thursday, April 23.

Baker Hughes (BKR) to release Q1 earnings on April 23rd. Analysts expect 49 cents/share, down from 51 cents last year. Company agreed to sell Waygate Technologies for $1.45B. Stock gained 3.8% on Wednesday. Analysts have mostly positive ratings with accuracy rates ranging from 66-76%.

Get a deeper insight into the potential performance of Baker Hughes (BKR) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Weaker U.S. drilling activity and Middle East challenges are likely to have weighed on BKR's Q1 earnings.

Geopolitical events are creating opportunities in the U.S. LNG and nuclear sectors. Growth in these sectors is supported by rising demand from AI data centers.

Baxter Bros Inc. lowered its holdings in shares of Baker Hughes Company (NASDAQ: BKR) by 46.6% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,130 shares of the company's stock after selling 16,675 shares during the quarter. Baxter Bros Inc.'s

BKR sells Waygate Technologies unit to Hexagon for $1.45B in cash, streamlining its IET segment to boost cash flow and sharpen focus on core growth areas.

Based in Germany, Waygate Technologies provides specialty testing and inspection technologies that evaluate the structural integrity of materials across various industries.

Baker Hughes has agreed to sell its Waygate Technologies unit to Swedish industrial technology group Hexagon for approximately $1.45 billion in cash, the companies said on Monday. The transaction, which remains subject to customary closing conditions and regulatory approvals, is expected to be completed in the second half of 2026.

Oilfield services provider Baker Hughes said on Monday it sold its Waygate Technologies unit to Swedish industrial technology group Hexagon in an all-cash transaction for about $1.45 billion.

HOUSTON and LONDON, April 13, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Monday that it has entered into an agreement to sell its Waygate Technologies business to Hexagon, a global leader in measurement technologies. The all-cash transaction is valued at approximately $1.45 billion, before customary closing adjustments.

Baker Hughes stock price has soared and is now nearing its all-time high, a trend that may continue as demand for its products and services surges. BKR is trading at $63, a few points below the all-time high of $67.

Q1 2026 was an exceptional quarter for energy stocks thanks to war in the Middle East, but Q2 2026 is not guaranteed to step in its footsteps. Energy prices can go higher and push the sector higher, but they do not have to if the U.S. can neutralize Iran's ability to project force. While energy stocks are benefiting from the fighting in the short term, it may actually come back to hurt them in the long run.

HOUSTON and LONDON, April 07, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday it has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units for a major natural gas pipeline project in Argentina. The order consists of three NovaLT™16 gas turbines equipped with three centrifugal compressors, along with commissioning services, spare parts, special tools, and remote monitoring and diagnostic capabilities. This equipment will be installed at a gas compressor station near Allen, Río Negro, to support the transportation of natural gas from the Vaca Muerta formation to the Gulf of San Matias through a dedicated pipeline, providing feed gas to Southern Energy's two floating LNG vessels.

U.S. energy firms this week added to the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said on Thursday.

Shares of Baker Hughes-backed HMH Holding fell 5.5% in their Nasdaq debut on Wednesday, valuing the drilling equipment provider at $815 million.

Allspring Global Investments Holdings LLC boosted its holdings in Baker Hughes Company (NASDAQ: BKR) by 10.4% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,289,649 shares of the company's stock after purchasing an additional 871,435 shares during the quarter.

Global oilfield services companies are bracing for a hit to earnings as the Iran war disrupts energy infrastructure across the Middle East and producers hold back on new drilling until higher oil prices prove durable.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-January, energy services firm Baker Hughes said on Friday.

Baker Hughes partners with Google Cloud to launch AI-driven solutions for data centers, targeting efficiency gains and lower emissions.

Victor Dergunov, The Financial Prophet, talks his 5 step plan - raising cash, rotating into gold miners, energy, and defensive sectors amid heightened market uncertainty. Gold miners like Barrick (GOLD), Newmont (NEM), Agnico Eagle (AEM), and Kinross (KGC) are attractive after major declines, despite near-term headwinds from interest rate expectations.

Low reliance on debt should enable oilfield service companies to access capital on favorable terms in a volatile business environment, underpinning a promising outlook for the Zacks Oil and Gas- Field Services industry. HAL, BKR, FTI and AROC are well poised to gain.

HOUSTON--(BUSINESS WIRE)--XGS and Baker Hughes announce a strategic collaboration and initial order for engineering services to advance XGS's 150-MW geothermal project.

Baker Hughes (BKR) stands out among oilfield service peers due to its fast-growing Industrial & Energy Technology (IET) segment and strategic transformation. BKR's IET segment, driven by gas and industrial technology, grew revenues 74% from 2020–2025, offsetting cyclical oilfield weakness. The Chart Industries acquisition will nearly double BKR's non-oil and gas revenue exposure, but increases leverage and balance sheet risk.

HOUSTON, March 24, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) on Tuesday announced it is collaborating with Google Cloud to develop advanced AI-enabled power optimization and sustainability solutions for the rapidly growing global data center sector. Baker Hughes intends to combine complementary technologies and expertise to help address the increasing power demand driven by AI data center expansion.

Baker Hughes CEO Lorenzo Simonelli discusses the growth outlook for energy demand.

Gradient Investments LLC trimmed its position in shares of Baker Hughes Company (NASDAQ: BKR) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 457,399 shares of the company's stock after selling 14,322 shares during the quarter.
