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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

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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.

US Oil Rig Tally Falls to Lowest Mark in More Than 3 Years

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

Baker Hughes to Cut Net Capex by 20%, Book $15B Writedown

Baker Hughes (BKR) expects to book a $15-billion non-cash goodwill impairment charge in first-quarter 2020.

Here's Why Investors Should Steer Clear of Baker Hughes (BKR)

An expected slowdown in customers' upstream businesses in North America is likely to hurt Baker Hughes' (BKR) profits.

Oil Drillers Remove Rigs From Permian Basin & Eagle Ford

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

General Electric Closes Divestment of BioPharma to Danaher

General Electric (GE) completes the divestment of its BioPharma business to Danaher. The net proceeds received from the transaction will be used by General Electric to lower its debt burden.

New Strong Sell Stocks for April 1st

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today

US Oil Rig Tally Declines the Most in 5 Years: Here's Why

The count of oil rigs in Permian declines for two consecutive weeks.

Schlumberger Curbs 2020 Capex, Sees Soft Oilfield Activities

In Q2 outlook, Schlumberger (SLB) unveils that there will be a significant decline in the count of onshore rigs in North America.

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US Oil Rig Tally Declines the Most Since April: Here's Why

The count of oil rigs in the Permian registers a decline, following five consecutive weeks of increase.

US Oil Drillers Continue to Add Rigs Despite Weak Crude Price

The count of oil rigs in the Permian increases for five consecutive weeks.

US Drillers Add Rigs in Oil Plays Despite Conservative Budget

The count of oil rigs in the Permian increases for four consecutive weeks.

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Will Global Prospects Rescue Oil & Gas Equipment Industry?

Conservative capital budgets by explorers in North America are likely to hurt demand for oilfield equipment services.

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4 Oil Stocks Poised to Outshine Earnings Estimates in Q4

The exploration and production players that primarily produce oil are likely to have benefited from favourable prices in Q4.

New Strong Sell Stocks for January 29th

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today

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Oil & Gas Stock Roundup: Halliburton, Kinder Morgan & Baker Hughes Report Q4 Earnings

Big Oil will be in focus this week with supermajors ExxonMobil (XOM) and Chevron (CVX) reporting fourth-quarter earnings on Friday.

US Oil Drillers Add Rigs Despite Conservative Capital Budget

Domestic oil drillers may again remove rigs since explorers have decided to curb spending on the drilling of new wells for the second straight year in 2020.

Factors Setting the Tone for Microsoft's (MSFT) Q2 Results

Microsoft's (MSFT) fiscal second-quarter results are likely to reflect gains from strength in Azure and robust adoption of business productivity offerings.

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Things You Should Know from Halliburton's (HAL) Q4 Earnings

Well aware of the tough operating environment, Halliburton (HAL) aims to protect its cash flows in 2020.

Baker Hughes (BKR) Misses Earnings & Revenue Estimates in Q4

Lower contributions from flexible pipe and surface pressure control businesses hurt Baker Hughes (BKR) in Q4 earnings.

Baker Hughes (BKR) Misses Q4 Earnings and Revenue Estimates

Baker Hughes (BKR) delivered earnings and revenue surprises of -12.90% and -2.22%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Why Baker Hughes (BKR) Might Surprise This Earnings Season

Baker Hughes (BKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Chevron's Venezuela Operations Get Another 90-Day Waiver

Had there been no waiver extensions, Chevron's (CVX) exit would follow close on the heels of various other U.S.-based players that left Venezuela.

Oil Drillers Add Rigs in Permian Basin and Eagle Ford Shale

Domestic drillers may again remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

Is a Beat Likely for Kinder Morgan (KMI) in Q4 Earnings?

Kinder Morgan's (KMI) fourth-quarter results are expected to have been aided by Gulf Coast Express Pipeline's natural gas transportation volumes.