There are significant acquisitions, investments and strategic partnerships taking place at the
Baker Hughes Company (BKR). The company has acquired
8,550 shares from Praxis Investment Management and Continental Disc Corporation that specializes in pressure management solutions. BKR also announced its
$540M acquisition of Continental Disc and the
sale of its Precision Sensors & Instrumentation Product Line to Crane Company for $1.15 billion. Multiple companies including Covea Finance, Monte Financial Group, QRG Capital Management, Friedenthal Financial and Assenagon Asset Management have invested heavily in BKR, revealing investor confidence in the firm's strategies and prospects. In recent times, a slight decline was observed in the U.S. rig count as stated in BKR's report. Furthermore, BKR's
First-Quarter 2025 results have been unveiled with an upcoming earnings report for the second quarter. Stepping into other ventures, BKR has also kickstarted multiple electrification technologies for onshore and offshore operations.
Baker Hughes Company BKR News Analytics from Tue, 22 Oct 2024 07:00:00 GMT to Sat, 21 Jun 2025 14:08:30 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 5
