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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
$33.71
$34.59
50-Day Range
$20.09
$25.15
52-Week Range
$20.09
$31.26
Volume
6.85 million shs
Average Volume
5.32 million shs
Market Capitalization
$35.82 billion
P/E Ratio
52.29
Dividend Yield
2.09%
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

Baker Hughes (BKR) Earnings Dates & Reports
How did Wall Street get it so wrong?
CNBC's 'Prophet' who called dot-com crash issues controversial AI warning As AI stocks send the stock market to new highs every other month, the mainstream media is warning investors to prepare for another 2000-style tech crash. But the man CNBC nicknamed 'The Prophet' is going against the crowd. He accurately predicted the dot-com crash in 2000, and today, he has a controversial new warning about the AI craze. It could dictate your next decade of success – or failure – in the U.S. stock market.
Baker Hughes
Baker Hughes Company
How did Wall Street get it so wrong?
CNBC's 'Prophet' who called dot-com crash issues controversial AI warning As AI stocks send the stock market to new highs every other month, the mainstream media is warning investors to prepare for another 2000-style tech crash. But the man CNBC nicknamed 'The Prophet' is going against the crowd. He accurately predicted the dot-com crash in 2000, and today, he has a controversial new warning about the AI craze. It could dictate your next decade of success – or failure – in the U.S. stock market.
PDC Drill Bits Market Global Analysis 2023-2030
U.S. Baker Hughes Total Rig Count
Top Picks 2023- Baker Hughes BKR
See More Headlines
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Company Calendar

Last Earnings
10/30/2018
Today
7/12/2024

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
$2.67 per share
Book Value
$33.83 per share

Miscellaneous

Outstanding Shares
1,037,915,000
Free Float
N/A
Market Cap
$35.82 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 has shown resilience in the oil and gas industry, offering a diverse range of integrated products and services that cater to various segments of the industry.
  • The company's focus on digital solutions provides a competitive edge, especially in a rapidly evolving technological landscape within the oil and gas sector.
  • Recent developments in the Turbomachinery & Process Solutions segment have positioned Baker Hughes to capitalize on mechanical-drive, compression, and power-generation applications across the industry.
  • With a strong presence in the upstream, midstream, onshore, and offshore sectors, Baker Hughes is well-positioned to benefit from a broad spectrum of oil and gas activities.
  • Investors may find the current stock price of Baker Hughes attractive, considering the company's strategic positioning and growth potential within the industry.

Cons

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

  • Volatility in the oil and gas market can impact Baker Hughes' financial performance, making it susceptible to fluctuations in commodity prices and industry demand.
  • Global economic conditions and geopolitical factors can influence the company's operations and profitability, adding a layer of uncertainty for investors.
  • While the digital solutions segment offers growth opportunities, it also presents challenges in terms of rapid technological advancements and potential competition from tech-focused companies.
  • Regulatory changes and environmental concerns within the oil and gas sector could impact Baker Hughes' operations and require adaptation to evolving industry standards.
  • Investors need to consider the cyclical nature of the oil and gas industry, which may affect Baker Hughes' financial performance over different economic cycles.
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 Sunday, June 30, 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) released its earnings results on Tuesday, October, 30th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.02. The business's revenue was up 6.9% on a year-over-year basis.

Does Baker Hughes A GE have any subsidiaries?

Baker Hughes A GE subsidiaries include these companies: Compact Carbon Capture, Avitas Systems, JOA Oil & Gas, BJ Services Company, Nova Technology Corporation, Luna Energy, Baker Hughes Holdings 3 S.à r.l., and others.

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

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

This page (NYSE:BHGE) was last updated on 7/12/2024 by MarketBeat.com Staff

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