Baker Hughes Co Stock Price, News & Analysis

Baker Hughes (Nasdaq: BKR) reported strong Q2 2025 results with adjusted EBITDA margins increasing 170 basis points year-over-year to 17.5%. The company achieved orders of $7.0 billion and revenue of $6.9 billion (down 3% YoY), with net income of $701 million and adjusted EBITDA of $1,212 million (up 7% YoY).

The quarter featured three strategic transactions: forming a joint venture with Cactus Inc. ($345M), selling PSI to Crane Company ($1.15B), and acquiring Continental Disc Corporation ($540M). The company secured significant data center projects with over $650 million in year-to-date awards and achieved $1.25 billion in New Energy bookings.

Baker Hughes raised its full-year revenue and EBITDA guidance for IET while maintaining strong shareholder returns of $423 million, including $196 million in share repurchases.

Baker Hughes (NASDAQ: BKR) has announced a quarterly cash dividend of $0.23 per share for Class A common stock. The dividend will be payable on August 15, 2025, to shareholders of record as of August 5, 2025. The company plans to fund this dividend distribution through cash generated from its operations.

One Equity Partners (OEP) has announced the sale of BRUSH Group's Power Distribution business to an undisclosed buyer. This follows OEP's previous sale of BRUSH's Power Generation business to Baker Hughes (NASDAQ: BKR) in October 2022. Under OEP's four-year ownership, BRUSH achieved significant growth, with EBITDA more than doubling through seven strategic acquisitions and operational improvements.

BRUSH, founded in 1889 and based in the UK, specializes in electrical power generation and distribution equipment. The Power Distribution division focuses on switchgear, transformers, and controls for various applications including utilities, electric vehicles, data centers, and high-speed rail. During OEP's ownership, the company transformed from a carved-out unit of Melrose Industries into a leading electrical solutions provider for the UK's critical infrastructure.

Baker Hughes announced the acquisition of Continental Disc Corporation (CDC) for $540 million in an all-cash transaction. CDC, based in Liberty, Missouri, is a leading provider of safety-critical pressure management solutions, including rupture discs and pressure/vacuum relief valves. CDC generated $109 million in proforma revenue in 2024, with 80% being recurring revenue. The acquisition complements Baker Hughes' Industrial & Energy Technology portfolio and serves various industries including pharmaceutical, chemical, food and beverage, oil and gas, and aerospace markets. The deal is expected to close in Q4 2025 and will be immediately accretive to earnings, cash flow per share, and IET's segment margins. This acquisition, along with recent Surface Pressure Control transaction and sale of Precision Sensors & Instrumentation line, advances Baker Hughes' portfolio optimization strategy.

Baker Hughes (NASDAQ: BKR) has scheduled its second-quarter 2025 earnings release and webcast. The company will release its Q2 2025 financial results on Tuesday, July 22, 2025, at 5 p.m. Eastern Time via press release. A webcast discussing these results will follow the next day, Wednesday, July 23, at 9:30 a.m. Eastern Time. Interested parties can access the webcast through the investor relations section of Baker Hughes' website at investors.bakerhughes.com. An archived version of the webcast will be made available on the website after the live event.

Baker Hughes (BKR) has secured a significant contract from Equinor to provide plug and abandonment (P&A) services for the Oseberg East field in Norway's continental shelf. The agreement, part of a multi-year framework signed in March 2025, will be led by Baker Hughes' Mature Assets Solutions team. The company will establish a P&A Center of Excellence in Bergen and Stavanger to centralize North Sea operations. The project leverages Baker Hughes' advanced technologies including PRIME Powered Mechanical Applications, CICM, MASTODON casing retrieval system, and Xtreme SJI mechanical slotting tool. The planning phase is currently underway, with execution scheduled to begin in 2026. This integrated approach aims to optimize operations, increase efficiency, and reduce total operating costs while setting new standards for well abandonment solutions.

Baker Hughes (BKR) has agreed to sell its Precision Sensors & Instrumentation product line to Crane Company (CR) for $1.15 billion in cash. The sale includes the Druck, Panametrics and Reuter-Stokes brands, which manufacture sensor-based technologies for pressure, flow, gas, moisture and radiation detection across various industries. The business employs 1,600 people globally and includes all assets, intellectual property, facilities and resources. This divestiture aligns with Baker Hughes' strategic portfolio optimization, focusing on core IET competencies in rotating equipment, asset performance management, flow control, and decarbonization. The transaction is expected to close by late 2025 or early 2026, subject to regulatory approvals.

Crane Company (NYSE: CR) has signed an agreement to acquire Precision Sensors & Instrumentation (PSI) from Baker Hughes for $1.06 billion, with expected tax benefits of $90 million. PSI, projected to generate $390 million in sales and $60 million in adjusted EBITDA in 2025, brings three iconic brands that complement Crane's segments. The Druck brand will enhance Crane's Aerospace & Electronics segment with advanced pressure sensing capabilities, while Reuter-Stokes will double Crane Nuclear's size within the Process Flow Technologies segment. The Panametrics business adds ultrasonic flow meters and moisture analyzers to Crane's portfolio. The acquisition meets Crane's strategic criteria, targeting 10% ROIC by year five and 4-6% long-term sales growth. The deal is expected to close by late 2025 or early 2026, maintaining a healthy post-acquisition net debt to adjusted EBITDA ratio of approximately 1x.

Baker Hughes (BKR) announced a strategic joint venture agreement with Cactus Inc. (WHD) for its surface pressure control product line. Under the deal, Cactus will become the majority owner with a 65% stake and operational control, while Baker Hughes will retain a 35% ownership. The joint venture will operate independently from Cactus' existing Pressure Control business, focusing on international markets for surface wellhead and production tree systems. This move aligns with Baker Hughes' portfolio optimization strategy, aimed at enhancing earnings durability and cash flow while enabling capital reallocation to higher-return opportunities. The transaction is expected to close in the second half of 2025, subject to regulatory approvals.