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) priced a combined $6.5 billion and €3 billion offering of senior unsecured notes across nine tranches to be issued by Baker Hughes Holdings LLC and its co-obligor, fully guaranteed by Baker Hughes. The proceeds are intended to fund part of the cash consideration for the proposed acquisition of Chart Industries.
The offerings are expected to close on March 11, 2026 and include U.S. and euro tranches with maturities from 2029 to 2056 and 2030 to 2046 respectively.
Baker Hughes (NASDAQ: BKR) won an order to supply 25 BRUSH™ Power Generation DAX 7 generators, AVRs and cubicles to Boom Supersonic to pair with Boom’s 42 MW Superpower turbines. Together the units will support a 1.21 GW onsite power commitment for anchor customer Crusoe.
Including a prior six-unit order, Boom now has firm orders for 31 generators (1.3 GW), with deliveries starting mid-2026 through 2028, targeting AI and high-performance computing data-center baseload power.
Baker Hughes (NASDAQ: BKR) received an order from Twenty20 Energy for 10 Frame 5 gas turbines and associated generator technology to support up to 250 MW of U.S. data center power capacity. Initial deliveries are scheduled for 2027 and units are designated for projects in Georgia and Texas.
The award advances a strategic collaboration under which Baker Hughes would supply multi-gigawatt power generation equipment to meet rising demand for AI and digital infrastructure across the United States.
Baker Hughes (NASDAQ: BKR) declared a quarterly cash dividend of $0.23 per share of Class A common stock. The dividend is payable on Feb. 27, 2026 to holders of record on Feb. 17, 2026. The company expects to fund the dividend from cash generated from operations.
Baker Hughes (NASDAQ: BKR) signed a multiyear preferred provider agreement with Marathon Petroleum to supply downstream chemical technologies and digital monitoring across the United States. The deal covers deployment of solutions at 12 oil refineries and 2 renewable fuel facilities, using products like XERIC™, TOPGUARD™, and BIOQUEST™ to improve reliability, environmental compliance, and reduce nonproductive time.
The agreement reinforces a multi‑decade relationship and positions Baker Hughes as Marathon’s preferred hydrocarbon treatment provider for its U.S. refining and renewable fuel operations.
Baker Hughes (NASDAQ: BKR) won multiple awards to support Wabash Valley Resources’ low‑carbon ammonia project in West Terre Haute, Indiana. The plant will repurpose an existing gasification site and is expected to produce 500,000 tons of ammonia annually while capturing 1.67 million tons of CO₂ per year.
Baker Hughes will supply compression equipment, CO₂ injection pumps, and integrated well construction solutions, including two CO₂ injection wells and four monitoring wells, to support hydrogen, syngas, ammonia processing, and permanent CO₂ sequestration.
Baker Hughes (NASDAQ: BKR) and Hydrostor announced a strategic technology and equity agreement on January 28, 2026, expanding a relationship that began in 2019. Baker Hughes will integrate equipment into Hydrostor’s A-CAES design and may supply up to 1.4 GW of power generation and compression technology for flagship projects.
The deal supports Hydrostor’s move toward construction on flagship projects and aims to accelerate long-duration energy storage deployment to improve grid reliability and resilience.
Hydrostor and Baker Hughes (NYSE: BKR) expanded a strategic collaboration to integrate Baker Hughes technology into Hydrostor's advanced compressed air energy storage (A-CAES) platform, including an equity investment and up to 1.4 GW of Baker Hughes power generation and compression equipment for flagship projects.
The agreement strengthens a relationship dating to 2019, targets Hydrostor flagship projects in the U.S. and Australia, and positions both firms to support long-duration storage for grid reliability and resilience.
Baker Hughes (Nasdaq: BKR) reported fourth-quarter 2025 revenue of $7.4B and full-year revenue of $27.7B (flat YoY). Fourth-quarter orders were $7.9B and full-year orders were $29.6B, including a record $14.9B of Industrial & Energy Technology (IET) orders and year-end IET RPO of $32.4B. Fourth-quarter attributable net income was $876M (GAAP diluted EPS $0.88; adjusted diluted EPS $0.78). Full-year attributable net income was $2,588M (adjusted diluted EPS $2.60). Adjusted EBITDA for the year was $4,825M (up 5% YoY). Fourth-quarter cash flow from operations was $1,662M and free cash flow was $1,341M; full-year free cash flow was a record $2,732M. Management expects mid-single-digit organic Adjusted EBITDA growth in 2026 and sustained IET order levels.
Baker Hughes (NASDAQ: BKR) closed the sale of its Precision Sensors & Instrumentation (PSI) product line to Crane Company on Jan 5, 2026.
The PSI portfolio includes the Druck, Panametrics and Reuter-Stokes brands and the transaction produced $1.15 billion in cash proceeds before customary closing adjustments. The divestiture, first announced in July 2025, and a recently formed joint venture for the surface pressure control product line are described as part of Baker Hughes' portfolio-management and capital-allocation strategy.
The company said the transactions are intended to strengthen the balance sheet, enhance earnings and cash-flow durability, and enable redeployment of capital toward higher-return opportunities.