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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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

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.

The Zacks Analyst Blog Highlights: Halliburton, Baker Hughes, EOG Resources, Parsley Energy and Pioneer Natural Resources

The Zacks Analyst Blog Highlights: Halliburton, Baker Hughes, EOG Resources, Parsley Energy and Pioneer Natural Resources

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How is Improving Crude Price Triggering Rapid Shale Recovery?

Higher crude oil prices are likely to enable upstream players to lock in higher prices for their commodities.

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4 Midstream Energy Stocks to Buy Amid Coronavirus Qualms

Midstream energy players are relatively less exposed to volatility in oil and gas prices and hence are relatively immune to the coronavirus outbreak.

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Oil & Gas Stock Roundup: Occidental's 2nd Dividend Cut, Williams' Solar Push & More

Occidental Petroleum (OXY) slashed its quarterly dividend for the second time in four month, while Williams Companies (WMB) plans to develop solar energy to power its operations in nine states.

US Oil & Gas Rig Tally Hits Record Lows for 4 Straight Weeks

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to worldwide social-distancing measures taken to combat the pandemic.

General Electric to Divest Lighting Business, Shares Rise

General Electric's (GE) divestment of the lighting business to Savant Systems will help it progress on its efforts to transform into an industrial company.

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Oil & Gas Stock Roundup: Halliburton Lowers Dividend, National Oilwell Stops Paying

Halliburton (HAL) told investors it is cutting its dividend by 75%, while National Oilwell Varco (NOV) board suspended the quarterly payout indefinitely to retain cash in the business.

US Oil & Gas Rig Tally Sets Record Lows for 3 Straight Weeks

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.

Baker Hughes (BKR) Up 13.6% Since Last Earnings Report: Can It Continue?

Baker Hughes (BKR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Oil Price Hits Multi-Week Highs, Where's It Headed Next?

EIA's Weekly Petroleum Status Report revealed that domestic crude stockpiles fell unexpectedly, led by a big drawdown at the storage hub in Cushing.

US Witnesses All-Time Low Oil & Gas Rig Tally for Second Week

Oil drillers in the Permian basin continue to remove rigs since the coronavirus pandemic dented global energy demand.

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How Coronavirus-Hit Energy Sector Shapes Oilfield Services Firms

Coronavirus-induced demand destruction and a weak oil price environment have been affecting upstream players and in turn hurting Oilfield Services companies.

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Oil & Gas Stock Roundup: BP, Kinder Morgan & Baker Hughes Report Q1 Earnings

BP plc (BP) missed earnings estimates, Kinder Morgan (KMI) reported in line, while Baker Hughes (BKR) came out with better-than-expected bottom-line number.

General Electric (GE) Q1 Earnings Lag Estimates, View Gloomy

General Electric's (GE) first-quarter 2020 earnings reflect the adverse impacts of the coronavirus outbreak. Persistence of the headwinds is likely to impact second-quarter results as well.

Baker Hughes (BKR) Q1 Earnings Beat on Solid Oilfield Services

Baker Hughes' (BKR) first-quarter results are supported by higher cost productivity in the TPS unit, partially offset by lower volume in Surface Pressure Control and Services businesses.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Schlumberger & Halliburton's Q1, Conoco's Capex Cut & More

Schlumberger (SLB) and Halliburton (HAL), despite Q1 beats, warned that the impact of coronavirus pandemic and the oil price slump will be felt more severely in the upcoming quarters.

Baker Hughes (BKR) Q1 Earnings Surpass Estimates

Baker Hughes (BKR) delivered earnings and revenue surprises of 22.22% and -3.76%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Kaibalya Pravo Dey headshot

Oil Goes Negative, Tankers to Get a Boost: 3 Stocks to Gain

The May crude futures contract - which expires today - witnesses massive abandonment from traders, who are moving on to the June contract.

US Drillers Remove Maximum Oil Rigs in More Than 5 Years

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.

Factors to Know Ahead of Baker Hughes' (BKR) Q1 Earnings

Baker Hughes' (BKR) first-quarter results are likely to be hurt by declining rig count in the United States.

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A Pre-Earnings Analysis of the Oilfield Services Sector

The oilfield service companies' Q1 earnings are likely to bear scars of activity slump on account of coronavirus-induced crude price plunge.

Avid Technology, G-III Apparel, Schlumberger, Baker Hughes and Halliburton highlighted as Zacks Bull and Bear of the Day

Avid Technology, G-III Apparel, Schlumberger, Baker Hughes and Halliburton highlighted as Zacks Bull and Bear of the Day

Analysts Estimate Baker Hughes (BKR) to Report a Decline in Earnings: What to Look Out for

Baker Hughes (BKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nilanjan Banerjee headshot

What Does Coronavirus-Hit Q1 Earnings Hold for Oil Service?

Although a weak oil pricing scenario might have played spoilsport in Q1, rising rig count in international markets may have lent some support.