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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.

Overseas Strength to Aid Baker Hughes' (BKR) Q4 Earnings

The ramp-up in international drilling operations has likely contributed to Baker Hughes' (BKR) Q4 earnings.

Can Solid Overseas Market Aid Halliburton (HAL) Q4 Earnings?

The deceleration in E&P activity is likely to have dented demand for Halliburton's (HAL) services and equipment in the fourth quarter.

Baker Hughes (BKR) Reports Next Week: Wall Street Expects Earnings Growth

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.

US Oil Drillers Spend Conservatively: Rig Count Slides Again

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

Nilanjan Banerjee headshot

US Shale Drillers to Pump Up More Returns in 2020: 4 Gainers

Given that shale drillers will probably generate handsome free cashflows in 2020, it would be ideal to keep an eye on the following Permian explorers that are poised to gain.

Oil Drillers Keep Removing Rigs From Permian & Cana Woodford

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

Nilanjan Banerjee headshot

Drillers Remove Oil Rigs in Permian and Cana Woodford Basins

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

Kaibalya Pravo Dey headshot

Conservative Upstream Budget to Hurt Oilfield Services Firms

Tight capital budget for exploration and production is expected to lower demand for oilfield services, affecting the profit levels of the companies operating in the industry.

Drillers Add Oil Rigs in Permian & Eagle Ford Shale Play

Since February 2018, drillers in the United States have added the highest number of rigs in a week.

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

With lower spending by North American drillers, Baker Hughes (BKR) is likely to get fewer contracts related to oilfield services.

Can Microsoft Sustain Its Market-Beating Momentum in 2020?

Microsoft (MSFT) is well poised to sustain its 2019 momentum in 2020, courtesy of an expanding Azure clientele and robust adoption of enterprise productivity offerings.

Nilanjan Banerjee headshot

Drillers in US Plays Add Oil Rigs Despite Conservative Budget

In Permian, drillers lower rigs in seven of eight weeks.

The Zacks Analyst Blog Highlights: CARBO, Hi-Crush, Baker Hughes, Covia and Smart Sand

The Zacks Analyst Blog Highlights: CARBO, Hi-Crush, Baker Hughes, Covia and Smart Sand

Baker Hughes' Texas Facilities to be Powered by Renewables

With the help of the renewable deal with EDF Energy, Baker Hughes (BKR) expects to reduce emissions by 1.2 million metric tons of CO2 equivalent through the next 10 years.

Nilanjan Choudhury headshot

Frack Sand Providers Struggling to Stay Afloat: This is Why

Even as oil and natural gas production in the United States have been reaching one high after the other, the stock prices of most frack sand providers have fallen substantially.

Oil Drillers Remove Rigs From Permian Basin & Cana Woodford

In the Permian Basin, oil drillers remove rigs for seven weeks in a row.

The Zacks Analyst Blog Highlights: Baker Hughes, Halliburton, Schlumberger, Diamond Offshore and Transocean

The Zacks Analyst Blog Highlights: Baker Hughes, Halliburton, Schlumberger, Diamond Offshore and Transocean

Oil Drillers Continue to Remove Rigs From Permian Basin

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

Radhika Pujara headshot

Microsoft to Drive Digital Overhaul of Oil & Gas Enterprises

Microsoft (MSFT) teams up with Baker Hughes (BKR) and C3.ai, to enable oil and gas enterprises with digital transformation.

Baker Hughes (BKR) Q3 Earnings Miss Estimates, Orders Rise

Contributions from oilfield service businesses in the Middle East, Asia Pacific and Europe favor Baker Hughes' (BKR) year-over-year earnings growth in Q3.

Baker Hughes (BKR) Misses Q3 Earnings and Revenue Estimates

Baker Hughes (BKR) delivered earnings and revenue surprises of -12.50% and -3.78%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Oil & Gas Stocks' Q3 Earnings Due on Oct 30: BKR, CLR & More

Lower commodity prices and demand for energy products are expected to have affected oil and gas stocks' earnings in the third quarter of 2019.

Baker Hughes (BKR) to Report Q3 Earnings: What's in Store?

The ramp up in international drilling operations is likely to have contributed to Baker Hughes' (BKR) third-quarter earnings.

Kaibalya Pravo Dey headshot

Conservative E&P Spending Haunts Oil & Gas Equipment Industry

Bleak overall demand outlook and conservative upstream spending in North America are affecting demand for oilfield equipment providers.

Baker Hughes (BKR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.