For the full year, the company earned $2.35, exceeding my expectations of $2.20 several months ago thanks to stronger margin performance. Baker Hughes operates across two segments. In its legacy ...
The company is aiming for a 20% EBITDA margin from its oilfield services & equipment segment in 2025. Investors should look out for further developments in Baker Hughes's strategic energy ...
Baker Hughes has announced a significant contract to deliver a modular liquefied natural gas (LNG) system and power island for Venture Global's LNG projects in the U.S., along with a multi-year ...
Baker Hughes said has won a contract to provide a “modularised” liquefied natural gas system and power island support to US exporter Venture Global’s terminals. The oilfield services ...
We remain confident in achieving our 20% EBITDA margin targets for OFSE this year and IET in 2026." "As reflected in our strong 2024 results and our exceptional margin improvement, Baker Hughes ...
Jan 30 (Reuters) - Oilfield services provider Baker Hughes (BKR.O), opens new tab said on Thursday it has signed an agreement with Venture Global (VG.N), opens new tab to support its liquefied ...
Baker Hughes said it entered into contract with Tecnicas Reunidas to supply six gas compression trains and six propane compressors for Aramco's Jafurah gas field in Saudi Arabia's Eastern Province.
US-based oilfield services giant Baker Hughes has secured a ‘significant’ contract for work on the third development phase of Saudi Aramco’s $100 billion Jafurah gas project. Aramco ...
Baker Hughes (NASDAQ:BKR) +2.3% in Monday's trading as Argent LNG selected it as the technology and service provider for its proposed liquefied natural gas export facility in Port Fourchon, Louisiana.
U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, as robust demand for natural gas equipment and services helped offset weak sales of its ...
Baker Hughes to supply liquefaction solutions utilizing ... diluted EPS* of $0.70.Adjusted EBITDA* of $1,310 million, up 20% year-over-year.Cash flows from operating activities of $1,189 million ...