News
BKR
32.20
+0.56%
0.18
CORRECTED-BUZZ-PREVIEW: SLB gains ahead of first-quarter results
Shares of oilfield services firm SLB SLB.N up 0.9% ahead of first-quarter results before the bell on Friday. Wall Street expects company to post an adj profit of $0.75/shr. SLB is the first of the big three oilfield firms to report results.
Reuters · 7h ago
UPDATE 2-US natgas prices climb 3% on rising LNG feedgas, cooler forecast
U.S. Gas futures climb about 3% on cooler weather and more demand week than previously expected. Federal report shows last week's storage increase was smaller than usual. Low gas prices have prompted several producers to cut output. Gas prices have fallen to 3-1/2-year lows in recent weeks.
Reuters · 11h ago
Baker Hughes (BKR) to Report Q1 Earnings: What to Expect?
NASDAQ · 13h ago
BUZZ-Morgan Stanley upgrades oilfield services industry's outlook to attractive
Morgan Stanley says strong oil prices and liquefied gas related activity have changed oilfield services' industry outlook to attractive. Brokerage says OFS stocks are trading at a steep discount to broader market. Raises PT of the following OFS companies: Baker Hughes, Halliburton.
Reuters · 14h ago
BAKER HUGHES CO <BKR.O>: MORGAN STANLEY RAISES TARGET PRICE TO $43 FROM $40
Reuters · 15h ago
The Zacks Analyst Blog Highlights Baker Hughes, Diamondback Energy and Matador Resources
NASDAQ · 17h ago
U.S. RESEARCH ROUNDUP- Builders Firstsource, Eli Lilly, Northern Trust
Wall Street analysts revise their ratings and price targets on several U.S.-listed companies. Builders Firstsource, Eli Lilly, Northern Trust and Abbott Laboratories are among those. Alphabet Inc raises its target price to $165 from $160. TenX Genomics Inc, a maker of DNA sequencing equipment, is downgraded to hold from sell.
Reuters · 17h ago
Iraqi, US companies sign agreements to capture, burn gas for power
U.S. Companies sign agreements to capture, burn gas traditionally flared from Iraq's oilfields to produce domestic power. Boosting the energy independence of Iraq is a top goal of the United States. The agreements are meant to reduce dependence on Iran for energy. The gas can help fight climate change and reduce demand for gas from Iran.
Reuters · 1d ago
UPDATE 1-US natgas prices ease 1% on low LNG feedgas, mild weather
U.S. Gas futures ease about 1% to a three-week low on mild weather forecasts, low gas prices. Analysts forecast gas stockpiles were about 36% above levels for this time of year. Low LNG feedgas to export plants, low spot power and gas prices also weighing on prices. U.S gas production has fallen by around 10% this year.
Reuters · 1d ago
These Oil Stocks Have Missed the Commodity's Rally. Here's Why.
Big oil service companies have underperformed most energy stocks and the broader market this year. Middle Eastern companies have suspended operations for some of their jackups. Saudi Arabian Oil Company backed away from plans to increase oil production in January. The company's services companies have lagged behind as oil prices have risen.
Barron‘s · 1d ago
US natgas prices fall 3% to 3-week low on low LNG feedgas, mild weather
U.S. Gas futures fall 3% to 3-week low on low LNG feedgas, mild weather, mild forecasts. Analysts forecast gas stockpiles were about 36% above levels for this time of year. Low spot power and gas prices have traded below zero in several parts of the country. U.s. Gas production has fallen by 10% this year.
Reuters · 1d ago
SLB: Taking Stock With Earnings On The Horizon
Oil field service company SLB is a potential investment opportunity in the energy market. SLB's revenue has grown rapidly, driven by strong drilling activities and increased sales of production systems. The company is expected to announce financial results for the first quarter of 2024 on April 19th. Shares of SLB are a bit pricey compared to similar firms.
Seeking Alpha · 1d ago
US Oil & Gas Drilling Rig Tally Falls: Here's What it Means
NASDAQ · 1d ago
UPDATE 1-US natgas prices edge up after drifting near 3-week low on lower demand forecast
U.S. Gas futures edge up after drifting around a three-week low on lower demand forecast. Prices dropped more than 4% on Monday as demand forecasts for this week decreased. Forecasts for limited feed gas demand and milder weather also weighed on prices. Front-month gas futures for April delivery gained 4.1 cents to $1.732 per million British thermal units.
Reuters · 2d ago
BUZZ-U.S. STOCKS ON THE MOVE-WiSA Technologies, Rivian Automotive, Cigna Group
The Nasdaq and the S&P 500 were muted on Tuesday as higher Treasury yields pressured equities. The blue-chip Dow bucked the trend on robust results from health insurance heavyweight UnitedHealth. The Dow Jones Industrial Average was up 0.13% at 37,783.35. UnitedHealth Group's quarterly results beat expectations.
Reuters · 2d ago
Baker Hughes Currently Down Seven Consecutive Days, on Pace for Longest Losing Streak Since June 2022 -- Data Talk
Baker Hughes Company Class A (BKR) is currently at $32.11, down $0.34 or 1.05%. Currently down seven consecutive days; down 6.41% over this period. Down 67.46% from its all-time closing high of $98.67.
Dow Jones · 2d ago
BUZZ-U.S. STOCKS ON THE MOVE-Morgan Stanley, Intra-Cellular Therapies, China SXT Pharmaceuticals
Dow Jones Industrial Average up 0.13% after upbeat results from health insurer UnitedHealth. Morgan Stanley, Intra-Cellular Therapies, China SXT Pharmaceuticals among top stocks on the move. Higher Treasury yields and conflict in the Middle East keep investors on edge.
Reuters · 2d ago
BUZZ-US energy sector falls as crude prices dip on easing Middle East supply concerns
US energy sector falls as crude prices dip on easing Middle East supply concerns. S&P 500 Energy Sector down 0.93% as Brent crude falls 0.3% to $89.83/bbl. Oil majors Chevron and Exxon Mobil among top losers on the energy index.
Reuters · 2d ago
US natgas prices hover near 3-week low on lower demand forecast
US gas futures hover around a three-week low on lower demand forecast and milder weather. Front-month gas futures for April delivery were little changed at $1.69 per million British thermal units. Prices dropped more than 4% on Monday as demand forecasts for this week decreased. Freeport LNG export plant in Texas remains offline for a fifth straight day.
Reuters · 2d ago
US Cash Crude-Grades rise as domestic refinery capacity recovers
US Cash Crude-Grades rise as domestic refinery capacity recovers. U.S. Oil refiners are expected to have about 1.4 million barrels of capacity offline in the week ending April 19. WTI at East Houston traded between a $1.80 and $2.00 a barrel premium to crude futures on Monday.
Reuters · 3d ago
More
Webull provides a variety of real-time BKR stock news. You can receive the latest news about Baker Hughes Co through multiple platforms. This information may help you make smarter investment decisions.
About BKR
Baker Hughes Company is an energy technology company with a portfolio of technologies and services that span the energy and industrial value chain. The Company operates in two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development, to production, rejuvenation, and decommissioning. OFSE is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea and Surface Pressure Systems. IET segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry, including oil and gas, liquefied natural gas (LNG) operations, downstream refining and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors.