Published 24 days ago • loading... • Updated 23 days ago

Baker Hughes' Results Top Expectations @themotleyfool #stocks $BKR

Summary by The Motley Fool

Baker Hughes reported robust fourth-quarter results that highlighted its strategic initiatives in energy transition technologies.

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Oil Price

Baker Hughes Beats Expectations With Q4 Results

Baker Hughes reported better-than-expected financial results for the fourth quarter of 2024 on the back of a stronger natural gas technology business. Fourth-quarter profit was up by a sizable 54% on the previous quarter, while the full-year net result booked a whopping 168% increase, from $439 million to $1.179 billion, the company said. Baker Hughes also reported a solid rise in cash flow from operating activities, at $1.189 billion as of end-…

23 days ago·London, United Kingdom

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The Motley Fool

Baker Hughes' Results Top Expectations @themotleyfool #stocks $BKR

Baker Hughes reported robust fourth-quarter results that highlighted its strategic initiatives in energy transition technologies.

24 days ago·Alexandria, United States

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San Antonio Express-News

Baker Hughes: Q4 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Baker Hughes Co. (BKR) on Thursday reported fourth-quarter earnings of $1.18 billion. The Houston-based company said it had net income of $1.18 per share. Earnings, adjusted for non-recurring gains, came to 70 cents per share. The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share. The oilfield services company …

24 days ago·San Antonio, United States

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Energy Voice

Baker Hughes profits up on back of gas infrastructure orders

American oilfield services firm Baker Hughes (NYSE:BKR) has beaten analyst profit estimates with an 8% increase in revenue and a 36% jump in adjusted net income in its full year results. The post Baker Hughes profits up on back of gas infrastructure orders appeared first on Energy Voice.

23 days ago·United Kingdom

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