Baker Hughes (BKR)

Baker Hughes acquires CDC for $540M, boosting its IET segment with high-margin, safety-critical technologies.

All the facilities of energy services firm Baker Hughes are operating normally in the Middle East, chief executive Lorenzo Simonelli told Reuters on the sidelines of the Energy Asia conference on Mond...

Two CEOs told CNBC that they are monitoring the situation, but would not predict the price of oil. There will be more significant price effects, they said, if Iran closes the critical Strait of Hormuz...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely fo...

BKR to deliver integrated plug and abandonment services for EQNR under a multi-year framework agreement signed between the two companies in March 2025.

I am upgrading Baker Hughes to a buy, as its LNG-driven IET segment offers predictable growth and strong backlog, offsetting oilfield cyclicality. Recent divestitures at high multiples bolster cash re...

BKR is set to sell its PSI product line to Crane for $1.15B, sharpening its focus on core IET strengths and portfolio optimization.

Baker Hughes said on Monday it will sell its precision sensors and instrumentation (PSI) product line to aerospace and defense parts manufacturer Crane for $1.15 billion, as the oilfield services prov...

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has signed an agreement to acquire P...