Baker Hughes (BKR) Stock News

The weekly Baker Hughes oil rig count came in at 459, down from 462 in the prior week. No forecast was available.

Baker Hughes reported the US total rig count at 603 for the week, unchanged from the previous week.

The U.S. gas-directed rig count dropped by one to 132 in the latest weekly Baker Hughes report.

The weekly Baker Hughes oil rig count increased to 462, up from 456 in the prior week. No forecast was provided.

Baker Hughes signed a strategic alliance with PDVSA, Lindsayca, and Fulcrum LNG to revitalize Venezuela's natural gas infrastructure and pursue LNG export opportunities. The company also signed an MOU with New Stratus Energy for oil and gas prospect development. The agreements aim to create an integrated gas value chain from upstream to LNG commercialization.

The weekly Baker Hughes rig count shows US oil rigs increased by 1 to 456. The marginal change suggests steady drilling activity. Market reaction is expected to be muted.

Baker Hughes reported a rise in total US rig count to 595 from 591, indicating a slight uptick in drilling activity. The change is incremental and unlikely to shift market sentiment sharply.

Baker Hughes landed a contract to supply 13 gas compression systems for the Cloud Connect Pipeline and four liquefaction blocks for the Plaquemines LNG facility. The deal underscores continued large-scale investment in US LNG export infrastructure and provides a revenue catalyst for Baker Hughes' industrial & energy equipment segment.

Baker Hughes lifts 2026 revenue guidance to $28.50B-$30.30B from $26.65B.

Baker Hughes weekly rig count: total 588 (unchanged), oil 449 (+2), gas 130 (-2). No forecast available.

Baker Hughes weekly data shows total US rig count steady at 588. Gas rigs increased by 5 to 132; oil rigs decreased by 5 to 447.

RBC lifts Baker Hughes price target to $76 from $71.

Baker Hughes reported the US oil rig count fell by 3 to 452 in the latest week. The gas rig count declined by 1 to 127, bringing the total US rig count to 588.

Baker Hughes total rig count falls to 588 from 593.