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NYSE:BHGE

Baker Hughes A GE (BHGE) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$30.93
$31.61
50-Day Range
$20.09
$25.15
52-Week Range
$20.09
$31.26
Volume
5.04 million shs
Average Volume
5.32 million shs
Market Capitalization
$32.27 billion
P/E Ratio
47.11
Dividend Yield
2.32%
Price Target
N/A
BHGE stock logo

About Baker Hughes A GE Stock (NYSE:BHGE)

Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. Its Oilfield Services segment offers drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for integrated oil and natural gas, and oilfield service companies. The company's Oilfield Equipment segment designs and manufactures products and services, including pressure control equipment and services, subsea production systems and services, drilling equipment, and flexible pipeline systems; and onshore and offshore drilling and production systems, and equipment for floating production platforms, as well as provides a range of services related to onshore and offshore drilling activities. Its Turbomachinery & Process Solutions segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry, as well as products and services to serve the downstream segments of industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, onshore and offshore, industrial, engineering, procurement, and construction companies. The company's Digital Solutions segment provides sensor-based measurement, non-destructive testing and inspection, turbine, generator and plant controls, and condition monitoring, as well as pipeline integrity solutions for a range of industries, including oil and gas, power generation, aerospace, metals, and transportation. It serves through direct and indirect channels. The company is based in Houston, Texas. Baker Hughes, a GE company is a subsidiary of General Electric Company.

BHGE Stock News Headlines

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Company Calendar

Last Earnings
10/30/2018
Today
6/14/2024

Industry, Sector and Symbol

Industry
Oil & Gas Field Machinery
Sub-Industry
N/A
Previous Symbol
NASDAQ:BHGE
Fax
N/A
Employees
66,000
Year Founded
1987

Profitability

Net Income
$195 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$22.88 billion
Cash Flow
$2.41 per share
Book Value
$33.83 per share

Miscellaneous

Outstanding Shares
1,037,915,000
Free Float
N/A
Market Cap
$32.27 billion
Optionable
Not Optionable
Beta
0.95

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Key Executives

  • Mr. Lorenzo Simonelli (Age 46)
    Chairman, Pres & CEO
  • Mr. Brian Worrell (Age 43)
    Chief Financial Officer
  • Mr. Derek M. Mathieson (Age 49)
    Chief Marketing & Technology Officer
  • Mr. William D. Marsh (Age 56)
    Chief Legal Officer
  • Mr. Uwem Ukpong (Age 47)
    Chief Global Operations Officer

Should I Buy Baker Hughes A GE Stock? BHGE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Baker Hughes A GE Co:

  • Baker Hughes A GE Co has shown resilience in the face of market challenges, indicating strong fundamentals.
  • The company's innovative product offerings, such as the latest BHGE X-Series drilling system, showcase its commitment to technological advancement and market leadership.
  • Recent strategic partnerships with key industry players have expanded Baker Hughes A GE Co's market reach and potential for growth.
  • With a current stock price of $25.50, investors may find the company's shares attractively priced for potential long-term gains.
  • Baker Hughes A GE Co's consistent dividend payouts and dividend yield provide an additional incentive for income-focused investors.

Cons

Investors should be bearish about investing in Baker Hughes A GE Co for these reasons:

  • The volatility in the energy sector could impact Baker Hughes A GE Co's financial performance and stock price.
  • Regulatory changes or environmental concerns may pose challenges to the company's operations and profitability.
  • Market competition in the oil and gas industry could pressure Baker Hughes A GE Co's market share and margins.
  • Economic uncertainties or geopolitical events may affect the demand for Baker Hughes A GE Co's products and services.
  • Fluctuations in commodity prices, such as oil and gas, could impact Baker Hughes A GE Co's revenue and earnings outlook.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 7, 2024. Please send any questions or comments about these Baker Hughes A GE pros and cons to contact@marketbeat.com.

BHGE Stock Analysis - Frequently Asked Questions

How were Baker Hughes A GE's earnings last quarter?

Baker Hughes A GE Co (NYSE:BHGE) announced its quarterly earnings data on Tuesday, October, 30th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.02. The business earned $5.67 billion during the quarter, compared to analyst estimates of $5.88 billion. Baker Hughes A GE had a net margin of 0.71% and a trailing twelve-month return on equity of 1.07%. The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.05 EPS.

Is Baker Hughes A GE a good dividend stock?

Baker Hughes A GE (NYSE:BHGE) pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.26%. The dividend payout ratio is 109.09%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BHGE will have a dividend payout ratio of 51.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BHGE.

What ETF holds Baker Hughes A GE's stock?

First Trust Alerian US NextGen Infrastructure ETF holds 2,530 shares of BHGE stock, representing 0.00% of its portfolio.

What other stocks do shareholders of Baker Hughes A GE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Baker Hughes A GE investors own include General Electric (GE), Bank of America (BAC), Micron Technology (MU), Intel (INTC), Schlumberger (SLB), Halliburton (HAL), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Oracle (ORCL) and Alibaba Group (BABA).

Does Baker Hughes A GE have any subsidiaries?
The following companies are subsidiares of Baker Hughes A GE: Baker Hughes International Partners Holdings SCS, Avitas Systems, BJ Services Company, BJS Holdings 2 S.à r.l., Baker Hughes Holdings 3 S.à r.l., Baker Hughes Holdings 4 S.à r.l., Baker Hughes Holdings 5 S.à r.l., Baker Hughes Holdings I B.V., Baker Hughes Holdings II B.V., Baker Hughes International Coöperatief U.A., Baker Hughes International Holdings S.à r.l., Baker Hughes International Partners S.à r.l., Baker Hughes Luxembourg Holdings S.C.A., Compact Carbon Capture, JOA Oil & Gas, Luna Energy, Nova Technology Corporation, and US SCS Partner LLC.
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This page (NYSE:BHGE) was last updated on 6/14/2024 by MarketBeat.com Staff

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