Tag: $Baker Hughes

Baker Hughes has yet to see higher borrowing costs slow investment in major energy projects, with its chief executive pointing to robust demand for natural gas and power from the global buildout of artificial intelligence infrastructure.

Shares in Baker Hughes rose around 2% in premarket trading Monday after the oilfield services company reported second-quarter earnings that topped Wall Street expectations.

Baker Hughes (BKR.O), said on Tuesday it would buy Chart Industries (GTLS.N), in a $13.6 billion all-cash deal, including debt, edging out rival suitor Flowserve (FLS.N), to expand in the LNG, data centers and decarbonization segments.

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 drilling gear in North America.

July 19 (Reuters) – U.S. oilfield technology firm Baker Hughes (BKR.O) beat second-quarter profit estimates on Wednesday, helped by strong demand for its services and equipment as exploration activities remained resilient despite lower oil prices.