| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 6.8B | +3% |
| Operating Income | 651MM | -9% |
| Operating Expenses | 6.2B | - |
| Net Income | 439MM | -15% |
| G&A | 634MM | +1% |
| Amortization | 67MM | +5% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on May 16, 2024, to holders of record on May 6, 2024. In line with our stated goal to responsibly grow the dividend over time, the dividend reflects an 11% increase, or $0.02, compared to the same quarter last year. Baker Hughes expects to fund its quarterly cash dividend fr
Oilfield services provider Baker Hughes said on Tuesday it has received an order to supply equipment for the third phase of oil giant Aramco's gas network expansion project in Saudi Arabia. Baker Hughes will supply 17 pipeline centrifugal compressors for the project, which aims to increase gas distribution across Saudi Arabia. The latest order, received in the first quarter of this year, follows the delivery of 18 of Baker Hughes' centrifugal compressors for phase 1 and 2 of the project.
Baker Hughes to supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbinesAward builds on Master Gas System Phase 1 & 2 agreement, which saw Baker Hughes deliver 18 centrifugal compressors driven by aeroderivative gas turbinesNew pipeline aims to increase gas distribution across Saudi Arabia, supporting the Kingdom’s ambition to reduce carbon emissions HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology co
In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States increased, but the count for natural gas declines.
By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at...
Baker Hughes (BKR) maintains a strong balance sheet with a net debt-to-adjusted EBITDA ratio of 0.9X and a total liquidity of $5.6 billion as of the end of 2023.
Baker Hughes' (BKR) Q1 earnings are likely to have been affected by declining oil prices and geopolitical tensions, despite increasing demand for clean energy.
Baker Hughes, Diamondback Energy and Matador Resources are included in this Analyst Blog.
Oil prices have been very volatile in recent days following Iran’s attack on Israel over the weekend. Although the escalation was less severe than feared, commodity investors are still likely to price in concerns over potential disruptions in oil supply. Along these lines, we look at three oil stocks to buy amid rising Middle East tensions. The initial fears of an escalation had caused a spike in oil prices on Friday, but these fears were mitigated when Israel successfully intercepted the attack
Oil services companies, which provide producers with equipment and services, have underperformed the broader market this year.