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Baker Hughes (NYSE:BKR) +0.7% pre-market after authorizing a buyback of as much as $2B of its common units, representing 9.1% of the company's current market value. "We are generating strong cash flow and are confident in our short-term operational outlook and long-term strategic positio...
Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced today that its Board of Directors has authorized Baker Hughes Holdings LLC (“BHH LLC”) to repurchase up to $2 billion of its common units. The Company will use the proceeds from the sale of its BH...
Revenues were $5.142 million this quarter, up 8.6% from the same quarter a year ago and up 7.5% quarter over quarter. Revenues are still improving but at a slower pace. As of Jun 30, 2021, the company had cash and cash equivalents of $3.913 million, down from $4.382 million in the fir...
Image source: The Motley Fool. Baker Hughes Co (NYSE: BKR) Q2 2021 Earnings Call Jul 21, 2021 , 8:30 a.m. ET Operator Continue reading For further details see: Baker Hughes Co (BKR) Q2 2021 Earnings Call Transcript
Shale drilling in North America will moderate in this year's H2 from its torrid YTD advance, Baker Hughes ([[BKR]] +1.4%) CEO Lorenzo Simonelli during today's earnings conference call.Another 50 rigs could be activated in North America by year-end, Simonelli said, which would imply 15% g...
Baker Hughes Company (BKR) Q2 2021 Earnings Conference Call July 21, 2021, 8:30 AM ET Company Participants Jud Bailey - Vice President, Investor Relations Lorenzo Simonelli - Chairman and Chief Executive Officer Brian Worrell - Chief Financial Officer Conference Call Participants Chase Mulveh...
FN Media Group Presents Oilprice.com Market Commentary London – July 21, 2021 – No oil discovery narrative appears to have captured investor attention this year as much as Reconnaissance Africa’s ( RECO , RECAF ) acquisition of the ri...
Baker Hughes (BKR) +2.6% pre-market despite missing Q2 earnings expectations, while revenues rose 8% Y/Y to $5.14B, beating estimates, and the company offers an upbeat outlook on demand growth.Compared with a year ago, Baker Hughes' Q2 GAAP loss improved to $68M from $195M, and adjusted EPS n...
Baker Hughes (BKR): Q2 Non-GAAP EPS of $0.10 misses by $0.06; GAAP EPS of -$0.08 misses by $0.21.Revenue of $5.14B (+8.4% Y/Y) beats by $210M.Adjusted EBITDA (a non-GAAP measure) of $611 million for the quarter was up 9% sequentially and up 38% year-over-year.Shares +4.8% PM.Press Release F...
Orders of $5.1 billion for the quarter, up 12% sequentially and up 4% year-over-year. Revenue of $5.1 billion for the quarter, up 8% sequentially and up 9% year-over-year. GAAP operating income of $194 million for the quarter, up 18% sequentially and favorable year-o...
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Golf tournament benefits hospital's newborn center & neonatal intensive care unit Event has raised more than $7 million since 1998 to enhance innovation and excellence in the research, treatment and care of infants HOUSTON, TX / ACCESSWIRE / July 29, 2024 / Baker Hughes is pleas...
Second-quarter highlights Orders of $7.5 billion, including $3.5 billion of IET orders. RPO of $33.5 billion, including record IET RPO of $30.2 billion. Revenue of $7.1 billion, up 13% year-over-year. Net income attributable to the Company of $579 million. ...