reports
Baker Hughes Declares Quarterly Dividend
Baker Hughes Declares Quarterly Dividend HOUSTON and LONDON, Feb. 05, 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 Feb. 27, 2026, to holders of record on Feb. 17, 2026. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes:Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experie...
Baker Hughes to Provide Downstream Chemicals for Marathon Petroleum Re...
Baker Hughes to Provide Downstream Chemicals for Marathon Petroleum Refineries, Becoming Preferred Provider Across North America Solutions will be implemented at 12 refineries and 2 renewable fuels facilitiesChemical technologies and digital monitoring tools designed to optimize operational efficiency HOUSTON and LONDON, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday an agreement with Marathon Petroleum, the largest U.S. petroleum refiner, to become its preferred provider for hydrocarbon treatment products and services at re...
Baker Hughes Secures Multiple Orders to Advance Wabash Valley Resource...
Baker Hughes Secures Multiple Orders to Advance Wabash Valley Resources’ Clean Ammonia Fertilizer Project Baker Hughes to supply essential compression, integrated well construction solutionsPlant expected to produce 500,000 tons of ammonia and capture 1.67 million tons of CO2 annuallyProject will help create a more sustainable and reliable domestic fertilizer supply in the U.S. FLORENCE, Italy, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday multiple awards to progress one of the first low-carbon ammonia fertilizer productio...
Baker Hughes and Hydrostor Deepen Strategic Collaboration to Advance R...
Baker Hughes and Hydrostor Deepen Strategic Collaboration to Advance Reliable, Resilient and Sustainable Power Systems Collaboration includes an equity investment and up to 1.4 GW of power generation and compression technology orders for Hydrostor’s flagship projects FLORENCE, Italy and DENVER, Colo., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Hydrostor, a leading global long duration energy storage (LDES) developer and operator, announced Wednesday a strategic technology solutions and equity agreement. Baker Hughes will deepen its rel...
Baker Hughes Announces Fourth-Quarter and Full-Year 2025 Results
Baker Hughes Announces Fourth-Quarter and Full-Year 2025 Results Fourth-quarter highlights Orders of $7.9 billion, including $4.0 billion of IET orders.Record RPO of $35.9 billion, including record IET RPO of $32.4 billion.Revenue of $7.4 billion, flat year-over-year.Attributable net income of $876 million.GAAP diluted EPS of $0.88 and adjusted diluted EPS* of $0.78.Adjusted EBITDA* of $1,337 million, up 2% year-over-year.Cash flows from operating activities of $1,662 million and free cash flow* of $1,341 million. Full-year highlights Orders of $29.6 billion, including record $14.9 billi...
Baker Hughes Closes Sale of Precision, Sensors & Instrumentation Produ...
Baker Hughes Closes Sale of Precision, Sensors & Instrumentation Product Line to Crane Company Transaction strengthens balance sheet and liquidity with cash proceeds of $1.15 billion before customary closing adjustments HOUSTON and LONDON, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Monday the successful closing of the sale of its Precision Sensors & Instrumentation (PSI) product line to Crane Company (NYSE: CR, “Crane”). PSI includes the Druck, Panametrics and Reuter-Stokes brands, and the Company had in July 2025...
Baker Hughes, Cactus Announce Closing of Surface Pressure Control Join...
Baker Hughes, Cactus Announce Closing of Surface Pressure Control Joint Venture Transaction strengthens balance sheet and liquidity with $344.5 million of cash proceeds before customary closing adjustments HOUSTON and LONDON, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Friday the final closing of its joint venture with a subsidiary of Cactus, Inc., in which Baker Hughes has contributed its surface pressure control (SPC) product line. Cactus, a global manufacturer and service provider of pressure control equipment ...
Baker Hughes Announces Dates for Fourth-quarter and Full-year 2025 Ear...
Baker Hughes Announces Dates for Fourth-quarter and Full-year 2025 Earnings Release and Webcast HOUSTON and LONDON, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the fourth quarter and full year ending Dec. 31, 2025, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Sunday, Jan. 25, 2025. A webcast to discuss the results will be held Monday, Jan. 26, 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: An archived version will be available on the websit...
Baker Hughes to Supply Liquefaction Equipment for Commonwealth LNG Exp...
Baker Hughes to Supply Liquefaction Equipment for Commonwealth LNG Export Project Award from Technip Energies covers 6 mixed refrigerant turbomachinery trains for LNG production in Cameron, LouisianaLM9000 gas turbines paired with centrifugal compressors to deliver high efficiency, reliability, and lower carbon intensityOrder builds on strategic agreement between Commonwealth LNG and Baker Hughes for advanced equipment, services, and digital solutions HOUSTON and LONDON, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it receiv...
Baker Hughes to Supply Advanced Artificial Lift Solutions to Enhance P...
Baker Hughes to Supply Advanced Artificial Lift Solutions to Enhance Production in Kuwait Oil Company Fields Leucipa™, FusionPro™ integration will optimize ESP operationsAgreement follows third-quarter award for advanced wireline, perforation technology HOUSTON and LONDON, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a major award from Kuwait Oil Company (KOC) to provide advanced artificial lift systems and associated services to enhance production in Kuwait’s oil and gas fields. Under the multi-year agreement, Baker Hug...
Glenfarne, Baker Hughes Announce Definitive Agreements to Advance Alas...
Glenfarne, Baker Hughes Announce Definitive Agreements to Advance Alaska LNG WASHINGTON, D.C., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes (NASDAQ: BKR), an energy technology company, on Monday announced a strategic alliance to advance the Alaska LNG Project. Glenfarne has selected Baker Hughes as its supplier for main refrigerant compressors for the LNG terminal and power generation equipment for the North Slope gas treatment plant. Baker Hughes has also committed to a strategic investment to suppor...
Baker Hughes Secures Additional Order for Rio Grande LNG Expansion
Baker Hughes Secures Additional Order for Rio Grande LNG Expansion Award from Bechtel includes supply of the primary liquefaction equipment for NextDecade’s Rio Grande LNG Train 5Order includes Frame 7 gas turbines and centrifugal compressors, replicating proven solutions from previous trainsTechnology will enable an additional LNG production capacity of approximately 6 MTPA HOUSTON and LONDON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday an award from engineering company Bechtel Energy Inc. (Bechtel) to supply primary liq...
Baker Hughes, Aramco to Expand Integrated Coiled Tubing Drilling Opera...
Baker Hughes, Aramco to Expand Integrated Coiled Tubing Drilling Operations Across Saudi Arabia Multi-year agreement will increase Baker Hughes’ coiled tubing drilling fleet from four to 10 units across the country’s natural gas fieldsAdditional scope includes underbalanced drilling services, operational management, well construction and geosciences HOUSTON and LONDON, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Friday an award from Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saud...
Baker Hughes Company Announces Third-Quarter 2025 Results
Baker Hughes Company Announces Third-Quarter 2025 Results Third-quarter highlights Orders of $8.2 billion, including $4.1 billion of IET orders.RPO of $35.3 billion, including record IET RPO of $32.1 billion.Revenue of $7.0 billion, up 1% year-over-year.Attributable net income of $609 million.GAAP diluted EPS of $0.61 and adjusted diluted EPS* of $0.68.Adjusted EBITDA* of $1,238 million, up 2% year-over-year.Cash flows from operating activities of $929 million and free cash flow* of $699 million. HOUSTON and LONDON, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (Nasdaq: BKR) ("...
Baker Hughes Declares Quarterly Dividend
Baker Hughes Declares Quarterly Dividend HOUSTON and LONDON, Oct. 23, 2025 (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 Nov. 14, 2025, to holders of record on Nov. 4, 2025. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes:Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experien...
Baker Hughes Provides Shareholder Update
Baker Hughes Provides Shareholder Update Chart Industries shareholders approve acquisition by Baker HughesPerforming a comprehensive evaluation of capital allocation, business, cost structure and operations to continue delivering shareholder value HOUSTON and LONDON, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or “the Company”) today announced that shareholders of Chart Industries (“Chart”) approved the pending acquisition by Baker Hughes. The completion of this transaction, anticipated for mid-year 2026 pending regulatory approvals, represents a ...
Baker Hughes to Supply Liquefaction Train Equipment for Sempra Infrast...
Baker Hughes to Supply Liquefaction Train Equipment for Sempra Infrastructure’s Port Arthur LNG Phase 2 Project Contract awarded by Bechtel to supply primary liquefaction equipment for two trains, including four Frame 7 gas turbines and eight centrifugal compressorsBaker Hughes will also provide two motor-driven compressors for the plant’s booster servicesTechnology solution supports a nameplate capacity of approximately 13 million tonnes per annum (MTPA) HOUSTON and LONDON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday an...
Baker Hughes to Supply Subsea Tree Systems and Associated Services for...
Baker Hughes to Supply Subsea Tree Systems and Associated Services for Petrobras Baker Hughes to supply up to 50 subsea trees and associated equipment in Brazil HOUSTON and LONDON, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a significant award from Petrobras to supply up to 50 subsea tree systems and associated services to support offshore oil and gas production across multiple fields in Brazil. The award was secured through an open tender. Under the agreement, Baker Hughes will manufacture Petrobras’ pre-salt standard s...
Baker Hughes Announces Dates for Third-quarter Earnings Release and We...
Baker Hughes Announces Dates for Third-quarter Earnings Release and Webcast HOUSTON and LONDON, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the third quarter ending Sept. 30, 2025, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Thursday, Oct. 23, 2025. A webcast to discuss the results will be held Friday, Oct. 24, 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: An archived version will be available on the website following the webcast. About B...
Baker Hughes Secures Multi-Year Contract with Petrobras for Offshore S...
Baker Hughes Secures Multi-Year Contract with Petrobras for Offshore Stimulation Vessels Contract extension for two stimulation vessels supports offshore operations in Brazil’s post and pre-salt fieldsAward reinforces Baker Hughes’ Mature Assets Solutions strategy to deliver greater customer value for enhanced brownfield recovery HOUSTON and LONDON, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a multi-year agreement with Petrobras to extend the deployment of the Blue Marlin and Blue Orca stimulation vessels, supporting o...
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