Baker Hughes Company logo BKR - Baker Hughes Company

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| PRICE TARGET: $71.82 DETAILS
HIGH: $80.00
LOW: $51.00
MEDIAN: $72.00
CONSENSUS: $71.82
UPSIDE: 15.21%

Stock News

Baker Hughes reports U.S. rig count down 5 to 588 rigs

Baker Hughes reports U.S. rig count down 5 to 588 rigs

Baker Hughes reports that the U.S. rig count is down 5 from last week to 588 with oil rigs down 3 to 452, gas rigs down 1 to 127 and miscellaneous rigs down 1 to 9. The U.S. Rig Count is up 50 rigs from last year's count of 538 with oil rigs up 41, gas rigs up 5 and miscellaneous rigs up 4. The U.S. Offshore Rig Count is down 2 to 10, down 3 year-over-year. The Canada Rig Count is down 3 from last week to 216 with oil rigs down 3 to 148, gas rigs unchanged at 65 and miscellaneous rigs unchanged at 3. The Canada Rig Count is up 36 from last year's count of 180 with oil rigs up 25, gas rigs up 9 and miscellaneous rigs up 2.

Aug 21, 2026 09:02 AM https://thefly.com
Baker Hughes to Supply Subsea Systems for Kutei Northern Hub Development in Indonesia

Baker Hughes to Supply Subsea Systems for Kutei Northern Hub Development in Indonesia

HOUSTON and LONDON, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a substantial award from Searah North Ganal Limited (Subsidiary of Searah Limited, a joint venture Company between Eni and PETRONAS) to deliver subsea production systems and digital solutions to support safe, efficient and optimized production for the Kutei Northern Hub development offshore Indonesia.

Aug 10, 2026 03:00 AM globenewswire.com
Dynamis Power Solutions Awards Baker Hughes Major Power Generation Order for Data Centers, Oil & Gas

Dynamis Power Solutions Awards Baker Hughes Major Power Generation Order for Data Centers, Oil & Gas

Baker Hughes to supply NovaLT™ industrial gas turbines packaged with generators, gearboxes, and control systems Leveraging Baker Hughes' technology, Dynamis Power Solutions' DT17 platform will deliver industry-leading power density in a compact footprint HOUSTON and LONDON, July 29, 2026 (GLOBE NEWSWIRE) -- Dynamis Power Solutions, LLC (Dynamis), a leading mobile power generation packager in North America, and Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a major order for 76 NovaLT™16 gas turbines paired with gearboxes and generators powered by BRUSH™ Power Generation – totaling ~1.3GW for hypermobile power generation across a wide range of data center projects and oil & gas applications. The turbines were booked in the second quarter, and the gearboxes and generators in the third.

Jul 29, 2026 03:00 AM globenewswire.com
Baker Hughes: The New Baker Hughes Looks Better Than Ever - But Fairly Valued

Baker Hughes: The New Baker Hughes Looks Better Than Ever - But Fairly Valued

Baker Hughes Company remains a Hold, as its current valuation closely matches a conservative fair value despite strong operational performance. BKR's recent Chart Industries acquisition and asset sales support targeted deleveraging to 1.0x–1.5x net debt/EBITDA within 24 months. Near-term boosts from Middle East tensions and AI-driven power demand could reverse, introducing volatility and potential headwinds.

Jul 27, 2026 09:14 AM seekingalpha.com

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