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Baker Hughes (BKR)

(Delayed Data from NSDQ)

$35.22 USD

35.22
3,099,732

+0.60 (1.73%)

Updated Aug 23, 2024 03:59 PM ET

After-Market: $35.39 +0.17 (0.48%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 16% (211 out of 251)

Industry: Oil and Gas - Field Services

Better trading starts here.

Zacks News

Based in Houston, TX, Baker Hughes Company is one of the world’s largest oilfield service providers. The integrated oilfield products and digital solutions of Baker Hughes help customers efficiently and cost-effectively refine and transport hydrocarbons with low environmental concerns. Moreover, with growing demand for clean energy and the need to curb greenhouse gas emissions, countries around the world are investing in LNG terminals. This has given Baker Hughes the opportunity to expand its reach beyond oilfields in order to capitalize on contracts for manufacturing equipment that is being used in LNG facilities.

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SLB Stock Declines 14.9% YTD: Should You Hold It or Stay Away?

SLB is expanding into the carbon capture market, which is still in its early stages. Despite this, the firm is likely to achieve industry-leading margins.

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Halliburton (HAL) Nearing 52-Week Low: What Should Investors Do?

Halliburton (HAL) anticipates a 6% to 8% decline in full-year North America revenues from 2023 due to continued lower rig counts and service activity levels.

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Total US Drilling Rig Tally Falls: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower than the prior week, and the count for natural gas increased.

Why Baker Hughes (BKR) is a Top Growth Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Baker Hughes (BKR) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Vital Farms and J. B. Hunt have been highlighted as Zacks Bull and Bear of the Day

Vital Farms and J. B. Hunt are part of the Zacks Bull and Bear of the Day article.

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Total US Drilling Rig Tally Rises: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was higher than the prior week, and the count for natural gas decreased.

Sunoco (SUN) Q2 Earnings and Revenues Outpace Estimates

Sunoco's (SUN) second-quarter earnings and revenues beat estimates on the back of increased contributions from all segments and gains from the NuStar acquisition.

GeoPark (GPRK) Gears Up for Q2 Earnings: What's in Store?

Although the crude pricing environment was healthy, lower production is likely to have hurt GeoPark's (GPRK) Q2 earnings.

SM Energy (SM) Q2 Earnings Top Estimates, Revenues Increase Y/Y

SM Energy's (SM) Q2 earnings gain from high oil equivalent production volumes and increased average realized price.

Ecopetrol (EC) Gears Up for Q2 Earnings: What's in Store?

Although the crude pricing environment was healthy, the possibility of lower production following a slowdown of drilling activities is likely to have hurt Ecopetrol's (EC) Q2 earnings.

W&T Offshore (WTI) Q2 Earnings Lag Estimates on Lower Production

Low oil-equivalent production and rising operating expenses hurt W&T Offshore's (WTI) earnings in Q2.

Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Should You Invest in the VanEck Oil Services ETF (OIH)?

Sector ETF report for OIH

Does Baker Hughes (BKR) Have the Potential to Rally 25.33% as Wall Street Analysts Expect?

The consensus price target hints at a 25.3% upside potential for Baker Hughes (BKR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Enbridge (ENB) Q2 Earnings Miss Estimates, Revenues Rise Y/Y

Enbridge's (ENB) weak Q2 earnings can be attributed to increased financing costs, higher income taxes and greater depreciation expense, with higher Adjusted EBITDA contributions offering some relief.

Cactus (WHD) Surpasses Q2 Earnings and Revenue Estimates

Cactus' (WHD) Q2 earnings and revenues top estimates on increased customer drilling activity. This is partially offset by lower contributions from both the segments. WHD expects a relatively stable U.S. land activity level in Q3.

Southwestern (SWN) Q2 Earnings Beat Estimates, Revenues Miss

Southwestern's (SWN) Q2 earnings gain from higher oil price realization, partially offset by lower gas-equivalent production volumes and lower realized gas prices.

Zacks Industry Outlook SLB, Baker Hughes, Helix Energy Solutions and Solaris Oilfield

SLB, Baker Hughes, Helix Energy Solutions and Solaris Oilfield have been highlighted in this Industry Outlook article.

Is Baker Hughes (BKR) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Linde's (LIN) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Higher pricing from the Americas segment aids Linde's (LIN) Q2 earnings, offset partially by lower contributions from the Engineering business unit.

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4 Oilfield Services Stocks Set to Escape Industry Weakness

Strict capital discipline by upstream energy companies is acting as a dampener, thereby making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, BKR, HLX and SOI are expected to survive the industry challenges.

Will Baker Hughes (BKR) Gain on Rising Earnings Estimates?

Baker Hughes (BKR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Are Oils-Energy Stocks Lagging Baker Hughes (BKR) This Year?

Here is how Baker Hughes (BKR) and Canadian Natural Resources (CNQ) have performed compared to their sector so far this year.

ConocoPhillips (COP) Q2 Earnings Miss, Revenues Increase Y/Y

ConocoPhillips (COP) reports lower-than-expected Q2 earnings, primarily due to increased total costs and expenses. This is somewhat counterbalanced by higher oil equivalent production volumes and elevated average realized oil equivalent prices.