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Baker Hughes: Q2 Earnings Snapshot

HARRIS COUNTY, TEXAS, JUL 22 – Baker Hughes posted $701 million profit as natural gas demand and LNG exports rose despite a 10-20% drop in upstream spending, company said.

HOUSTON (AP) — HOUSTON (AP) — Baker Hughes Co. (BKR) on Tuesday reported second-quarter profit of $701 million. On a per-share basis, the Houston-based company said it had net income of 71 cents. Earnings, adjusted for non-recurring gains, were 63 cents per share. The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. The oilfield services com…

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The Washington Post broke the news in on Tuesday, July 22, 2025.
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