Baker Hughes Co. (BKR) has been actively in the news with various developments playing out. With an overall positive sentiment, Susquehanna maintained Baker Hughes' recommendation as a 'Buy'. Amid sporadic underperformance on select days compared to competitors, Baker Hughes demonstrated strength in Saudi Arabia's gas infrastructure and international demand both contributing to healthier-than-expected profits. Consistent revenue beat in Q1 and Q2 and strong year-over-year growth sparked interest in BKR's shares. Despite some dips, Baker Hughes also claimed significant tailwinds related to energy transition. The company's Chairman demonstrated confidence by purchasing US$300k worth of shares. A series of reports have highlighted BKR's strong earnings growth and healthy results, while others revealed the company's record-breaking Adjusted EBITDA in Q4. Investors have seen a 75% gain if they invested in the company three years ago. An analysis of BKR's recent performance shows attractive financial projections. BKR has also been flagged as a resilient stock despite market turbulence.
Baker Hughes Company BKR News Analytics from Fri, 29 Sep 2023 07:00:00 GMT to Sun, 12 May 2024 11:23:37 GMT -
