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Baker Hughes Announces Dates for First Quarter 2024 Earnings Release and Webcast
Newsfilter· 2024-03-14 12:00
HOUSTON and LONDON, March 14, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR) will announce the results of the first quarter ending March 31, 2024, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Tuesday, April 23, 2024. A webcast to discuss the results will be held Wednesday, April 24, 2024, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on th ...
Permian Oil Rig Count Falls After 2 Straight Weeks of Rise
Zacks Investment Research· 2024-03-12 14:11
In its weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company’s oilfiel ...
Permian Oil Drilling Rig Count Rises for 2 Straight Weeks
Zacks Investment Research· 2024-03-04 14:06
In its weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company’s oilfie ...
Baker Hughes (BKR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-02-29 00:16
In the latest market close, Baker Hughes (BKR) reached $29.48, with a -0.81% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.17%. Elsewhere, the Dow lost 0.06%, while the tech-heavy Nasdaq lost 0.55%.Shares of the oilfield services company witnessed a gain of 1.3% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 1.63% and the S&P 500's gain of 3.98%.Market participants will be closely following the financial ...
Permian Oil Drilling Rig Count Rises in 5 of Prior 10 Weeks
Zacks Investment Research· 2024-02-26 14:41
In its weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company’s oilfie ...
Baker Hughes (BKR) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-02-23 00:15
In the latest market close, Baker Hughes (BKR) reached $29.20, with a -0.48% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 2.11%. Elsewhere, the Dow gained 1.18%, while the tech-heavy Nasdaq added 2.96%.The the stock of oilfield services company has fallen by 2.33% in the past month, lagging the Oils-Energy sector's gain of 6.4% and the S&P 500's gain of 3.08%.The investment community will be closely monitoring the performance of Baker Hughes in its fort ...
Why Is Baker Hughes (BKR) Down 2.3% Since Last Earnings Report?
Zacks Investment Research· 2024-02-22 17:36
It has been about a month since the last earnings report for Baker Hughes (BKR) . Shares have lost about 2.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Baker Hughes due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Baker Hughes Q4 Earnings Top Estimates, Rev ...
Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras
Newsfilter· 2024-02-21 13:00
Company to provide well construction services in Buzios field offshore Brazil Positions Baker Hughes as integrated solutions supplier for Petrobras HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR), an energy technology company, announced Wednesday a significant contract award from Petrobras for integrated well construction services in the Buzios field, offshore Brazil. The integrated services project is set to start in the first half of 2025 and will include drilling services, drill bits ...
Here's Why Baker Hughes (BKR) is a Strong Value Stock
Zacks Investment Research· 2024-02-14 15:41
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zack ...
Permian Oil Drilling Rig Count Falls in 5 of Prior 10 Weeks
Zacks Investment Research· 2024-02-13 14:26
In its weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company’s oilfie ...