Baker Hughes

BKR

Market cap $43.8B

The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Huges said in a Friday report.  The total number of operational rigs fell by two, settling at 547 in the week to October 10, according to the report.

U.S. energy firms this week cut the number of oil and natural gas rigs operating, the first reduction in six weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

Chart Industries said on Monday that its shareholders voted to approve the company's acquisition by Baker Hughes.

HOUSTON and LONDON, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or “the Company”) today announced that shareholders of Chart Industries (“Chart”) approved the pending acquisition by Baker Hughes. The completion of this transaction, anticipated for mid-year 2026 pending regulatory approvals, represents a significant step forward in Baker Hughes' strategy to position itself as a premier energy and industrial technology company. In connection with the acquisition, the Baker Hughes Board of Directors continues its review of additional value creation opportunities.

As of Sept. 30, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

HOUSTON and LONDON, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a significant award from Petrobras to supply up to 50 subsea tree systems and associated services to support offshore oil and gas production across multiple fields in Brazil. The award was secured through an open tender.

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to spotlight energy in his "Best Stocks in the Market"

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday.

Despite steady U.S. production under the Trump administration, efficiency gains and subdued global demand have kept energy prices in check, giving consumers the upper hand. Lower oil and gas prices have also been a bright spot as inflation remains sticky in other areas of the economy.

‘Power Lunch' co-anchor and senior national correspondent Brian Sullivan discusses the state of energy with Baker Hughes CEO Lorenzo Simonelli.