The Latest Breaking News from BKR

Baker Hughes has outperformed its industry peers over the past year, and analysts are highly optimistic about the stock’s prospects.

The oilfield services sector benefits from its crucial role in drilling, evaluation, production, and maintenance, which is essential for ensuring energy security and meeting the strong global demand for oil and gas. Therefore, investing in fundamentally solid oilfield services stocks, Baker Hughes (BKR), NOV (NOV), and MRC Global (MRC), could…

Despite underperforming the broader energy sector in 2024, analysts remain optimistic about Baker Hughes’ prospects thanks to its expanding demand abroad.

Oil prices recently hit seven-week highs on expectations of robust energy demand and supply concerns amid escalating geopolitical instability and extended OPEC+ production cuts. Hence, quality energy stocks ConocoPhillips (COP), Schlumberger (SLB), and Baker Hughes (BKR), with solid upside potential, could be ideal investments now. Read more….

Baker Hughes has underperformed the broader market over the past year, but Wall Street analysts are optimistic about the stock’s prospects.

Discover how Schlumberger, Baker Hughes, and Halliburton are leveraging their robust financial health and strategic initiatives to thrive in a market where oil prices are expected to remain elevated, in our latest deep dive into the energy sector's top performers.

The energy sector is positioned for substantial growth because of increasing global energy demands, geopolitical tensions, and recovering global economies. Therefore, investors could consider buying fundamentally strong energy stocks: Baker Hughes (BKR), Plains All American Pipeline (PAA), Euronav (EURN), and MRC Global (MRC), all of which are Buy-rated in our…

Geopolitical tensions this year might cause oil prices to rise significantly. Thus, investors should consider bolstering their portfolios by investing in Baker Hughes (BKR), Sunoco (SUN), and Unit Corporation (UNTC) for solid gains in 2024. Read on.

Despite the increasing focus on transitioning away from fossil fuels worldwide, oil demand is expected to remain solid in the coming years. Hence, fundamentally solid energy stocks Baker Hughes (BKR), Sasol (SSL), and CrossAmerica Partners (CAPL) might be ideal buys now. Keep reading.