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Baker Hughes, Q4
Baker Hughes CEO Lorenzo Simonelli on Q4 earnings, LNG demand, AI and tariffs
Morgan Brennan interviews Baker Hughes CEO Lorenzo Simonelli exclusively following the company's strong Q4 earnings, highlighting record-breaking performance in its industrial and energy technology segment.
Baker Hughes: Q4 Earnings Snapshot
Baker Hughes shares have increased almost 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $44.60, a climb of 52% in the last 12 months.
Baker Hughes 4Q Revenue, Profit Rise on Higher Orders
Baker Hughes posted higher revenue and profit in the fourth quarter, driven by higher orders and strength across its industrial and energy-technology unit. The company, which provides oilfield products,
Baker Hughes, LNG
Baker Hughes projects $27.75B revenue in 2025, driven by LNG and gas infrastructure growth
Q4 2024 Management View Lorenzo Simonelli, Chairman and CEO, highlighted that Baker Hughes exceeded the midpoint of its EBITDA guidance for the eighth consecutive quarter. He noted record-breaking results for revenue,
Baker Hughes Announces Major Gas Tech Orders for Venture Global LNG
As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly scaled to meet rising demand', Baker Hughes Chairman and CEO Lorenzo Simonelli said.
Baker Hughes Secures Significant Gas Technology Order for Third Expansion Phase of Aramco's Jafurah Gas Field
Contract awarded by Tecnicas Reunidas for six gas compression trains and six propane compressors, including balance of plants and
11h
on MSN
Baker Hughes rallies after 'impressive' Q4 beat on strong orders
Baker Hughes rallies after surpassing Q4 earnings expectations, with strong growth in gas technology orders driving ...
1d
Baker Hughes beats quarterly profit estimates on oilfield technology demand
U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, helped by demand ...
9h
Baker Hughes reports U.S. rig count up 6 to 582 rigs
Baker Hughes (BKR) reports that the U.S. rig count is up 6 from last week to 582 with oil rigs up 7 to 479, gas rigs down 1 to 98 and ...
Upstream
8h
Baker Hughes still prioritising decarbonisation tech amid Trump’s energy shifts
Lorenzo Simonelli says ‘near-term policy uncertainty’ won’t sway company’s targets for new energy equipment orders ...
Crude Oil Prices
10h
The Beginning of Drill Baby Drill? US Oil Drillers See Uptick In Activity
The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.
14h
Baker Hughes Company: Strong Financial Performance and Strategic Outlook Justify ‘Buy’ Rating by Lloyd Byrne
Baker Hughes Company (BKR – Research Report), the Energy sector company, was revisited by a Wall Street analyst yesterday. Analyst Lloyd Byrne ...
10h
Baker Hughes Surges 6% After Blowout Q4--Record Revenue, Soaring Profits, and a Big Investor Payday
Baker Hughes (NASDAQ:BKR) just wrapped up 2024 with a blowout quarter, setting records across revenue, free cash flow, and profitability. The energy technology giant pulled in $7.4 billion in revenue, ...
15h
Alphabet, RTX, Baker Hughes And More On CNBC's 'Final Trades'
Oppenheimer analyst Jason Helfstein, maintained an Outperform rating for Alphabet and raised the price target from $215 to ...
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Related topics
LNG
United States
Venture Global
Q4
Lorenzo Simonelli
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