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Barchart
Anushka Dutta

How Is Baker Hughes’ Stock Performance Compared to Other Oilfield Services Stocks

Baker Hughes Company (BKR), with headquarters in Houston, Texas, is a leading energy technology provider worldwide. Operating in several countries, the company serves upstream, midstream, downstream, onshore, and offshore firms.

The firm runs via two central units: Oilfield Services and Equipment (OFSE) offers drilling, evaluation, completion, production, and subsea technologies for oil, gas, and geothermal operations; while Industrial & Energy Technology (IET) supplies gas systems, process tools, and emission controls for industrial and energy shift needs. The company has a market capitalization of $49.82 billion, which classifies it as a “large-cap” stock. 

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