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Baker Hughes Co (BKR)

BKR stock price

Baker Hughes Company provides energy technology solutions including oilfield equipment, services, and technology for upstream oil and gas operations and industrial applications worldwide.

About Baker Hughes Co

Baker Hughes Company provides energy technology solutions including oilfield equipment, services, and digital technologies for upstream oil and gas operations and industrial applications worldwide. The company's exposure to energy markets has made BKR stock price sensitive to oil and gas drilling activity and energy transition trends.

Baker Hughes' oilfield services include drilling, completion, and production technologies that help energy companies extract oil and natural gas more efficiently. The company's turbomachinery and process solutions serve industrial customers across various sectors.

The company's digital solutions and artificial intelligence capabilities help optimize energy operations while its focus on lower-carbon technologies positions it for the energy transition. Baker Hughes' expansion into renewable energy and carbon capture technologies demonstrates its strategic evolution, affecting BKR stock price movements.

Baker Hughes' technology expertise and global presence provide competitive advantages while its diversified portfolio reduces dependence on traditional oil and gas markets. The company's ability to adapt to changing energy requirements while maintaining its technology leadership remains important for its long-term success and market positioning.

BKR Stock 12 Month Chart


Latest News for BKR

Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's succes ...

Baker Hughes has outperformed other oilfield services stocks over the past year. Moreover, Wall Street analysts remain strongly optimistic about its prospects.

Baker Hughes Co (BKR) has reached a new 52-week high, with its stock price climbing to 50.96 USD. This milestone reflects a significant upward trend for the company, which has seen a 21.17% increase ...