Baker Hughes is well-positioned for the shift in global energy interests towards emissions control and the growing demand for natural gas and hydrogen fuel. The company is experiencing growth in its gas tech business and expects a 50% increase in segment orders for the next fiscal year. Baker Hughes's technology can be scaled for both natural gas and hydrogen power generation, providing cost-sa...
Baker Hughes Company (NASDAQ:BKR ) Q1 2024 Earnings Conference Call April 24, 2024 9:30 AM ET Company Participants Chase Mulvehill - VP, IR Lorenzo Simonelli - Chairman and CEO Nancy Buese - CFO Conference Call Participants Scott Gruber - Citigroup Arun Jayaram - JPMorgan Securities LLC Dave Anderson - Barclays James West - Evercore ISI Luke Lemoine - Piper Sandler Operator Good day, ladies and...
HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on May 16, 2024, to holders of record on May 6, 2024.
HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment for the third phase of Saudi Arabia's Master Gas System project. The award was booked in the first quarter of 2024.
Oil prices have been very volatile in recent days following Iran's attack on Israel over the weekend. Although the escalation was less severe than feared, commodity investors are still likely to price in concerns over potential disruptions in oil supply.
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