Welcome to our dedicated page for Baker Hughes news (Ticker: BKR), a resource for investors and traders seeking the latest updates and insights on Baker Hughes stock.
Baker Hughes Company reports developments tied to its role as an energy technology company serving energy and industrial customers worldwide. Recurring updates cover oilfield services and equipment, industrial and energy technology, financial results, dividends, governance matters and customer orders for turbomachinery, gas compression, power generation and lifecycle services.
Company news also includes project awards involving NovaLT™ gas turbines, LM-series aeroderivative turbines, centrifugal compressors, remote monitoring and diagnostic services, and inspection technologies through Waygate Technologies. These announcements reflect Baker Hughes' exposure to LNG, pipeline, offshore production, refinery and industrial inspection markets, alongside regular capital-return and earnings communications.
Baker Hughes (NASDAQ: BKR) has completed its acquisition of Chart Industries (NYSE: GTLS), which will operate as Baker Hughes’ third reporting segment. The company describes the deal as a key milestone in its strategy to become a higher-value industrialized energy solutions provider.
According to Baker Hughes, the acquisition is expected to support more durable earnings and cash flow through an expanded industrial portfolio and enhanced recurring aftermarket services. The company targets $325 million in annualized cost synergies within three years, with additional upside from commercial synergies. Chart, which reported $4.3 billion in 2025 revenue and serves customers in over 50 countries, brings differentiated capabilities in air and gas handling, thermal management, and lifecycle services. Baker Hughes has appointed Jim Apostolides as senior vice president to lead the new Chart segment and is pursuing integration under the Baker Hughes Business System while maintaining a net leverage target of 1.0–1.5x within 24 months.
S&P Dow Jones Indices announced that BrightSpring Health Services (NASD: BTSG) will move from the S&P SmallCap 600 to the S&P MidCap 400, replacing Chart Industries (NYSE: GTLS), effective before the market opens on July 17, 2026. Karman Holdings (NYSE: KRMN) will join the S&P SmallCap 600, replacing BrightSpring on the same date. These index changes follow Baker Hughes (NASD: BKR) agreeing to acquire Chart Industries in a transaction expected to close on July 16, 2026, subject to final closing conditions.
Baker Hughes (NASDAQ:BKR) received three substantial awards for Cheniere’s Sabine Pass LNG facility in Louisiana, booked in Q2 2026.
Contracts from Bechtel and Cheniere cover Train 7 liquefaction equipment, a boil-off gas re-liquefaction unit, and a four-year fleet-wide gas turbine upgrade program, supporting over 6 MTPA of added LNG capacity.
Baker Hughes (NASDAQ:BKR) and Kodiak Gas Services (NYSE:KGS) entered a multi-year strategic agreement for gas turbine power solutions supporting U.S. data center and energy infrastructure growth.
The framework enables up to 1.8 GW of generation capacity, including an initial award of about 1 GW to be delivered by 2030 for scalable, behind-the-meter projects in key U.S. markets.
Baker Hughes (NASDAQ:BKR) scheduled its second-quarter 2026 earnings release and webcast. The company will issue results for the quarter ending June 30, 2026, on Sunday, July 26, 2026, at 5 p.m. ET (4 p.m. CT). A webcast to discuss the results will follow on Monday, July 27, 2026, at 9:30 a.m. ET (8:30 a.m. CT), accessible via the Baker Hughes investor website, with an archived replay available afterward.
Baker Hughes (NASDAQ:BKR) received a significant award from Azule Energy to deliver subsea production systems for Angola’s Greater PAJ ultra-deepwater development.
The agreement includes deepwater horizontal tree systems, subsea control modules, workover control systems, tooling and services, with subsea tree deliveries expected to begin in 2027.
Baker Hughes (NASDAQ:BKR) and Mantle Reach Power, backed by EnCap Energy Transition Fund III, entered a strategic commercial agreement to accelerate large-scale geothermal deployment across North America.
The collaboration targets up to 500 megawatts of installed geothermal capacity over five years, combining Baker Hughes’ integrated subsurface-to-surface technologies with Mantle Reach Power’s project development, ownership and financing capabilities.
Baker Hughes (NASDAQ:BKR) announced a long-term service agreement with ANOH Gas Processing Company for the greenfield ANOH Gas Processing Plant in Nigeria. The scope covers parts, repairs, local engineering support and iCenter™ digital services for critical turbomachinery, including two NovaLT™16 gas turbines.
The agreement aims to enhance equipment reliability and availability, support Nigeria’s domestic gas supply strategy, and advance its transition from oil to cleaner-burning natural gas, leveraging Baker Hughes’ Port Harcourt service center and local workforce.
Baker Hughes (NASDAQ:BKR) announced two multi-year contract extensions with Equinor for integrated drilling, well services, and wireline intervention in the North Sea. The agreements cover mature and greenfield developments on the Norwegian continental shelf, using technologies such as Kantori, TRU-ARMS, and the PRIME Technology Platform to support production optimization and emissions reduction.
Baker Hughes (NASDAQ:BKR) announced a major contract extension with Petrobras to deliver integrated well construction solutions across Brazil’s Santos Basin deepwater oilfields.
The deal expands use of technologies such as AutoTrak, logging-while-drilling tools, and Dynamus drill bits to support pre-salt offshore oil & gas development and enhance operational efficiency.