Baker Hughes Company (BKR) is currently witnessed as having a potential undervaluation of 33% according to NASDAQ reports, attracting substantial attention from various investment entities. Engineers Gate Manager LP, Encompass Capital Advisors LLC, Sei Investments Co., and many others have significantly acquired shares of BKR. Activist investor, Ananym Capital, has inserted itself into the narrative, suggesting that BKR could see further upside if it spins off its oilfield services business. In contrast to some selling off shares, like CW Advisors LLC and Dodge & Cox, multiple parties such as Natixis, State Street Corp, BNP Paribas, and Norges Bank, among others have boosted their positions. BKR’s stock performance has held strong against other oilfield services stocks and, even in the face of a downturn in oil prices, its debt situation remains solid. Market analysts continue to recommend a buy position, amidst speculation over Ananym Capital’s proposed business breakup and increased rig counts positively affecting BKR’s investment story. Notable events include the significant agreement signed with Halfaya Gas Company to advance a flare reduction project in Iraq and BKR's aim to provide liquefaction equipment for Sempra Infrastructure’s Port Arthur LNG Phase 2 Project in Texas.
Baker Hughes Company BKR News Analytics from Wed, 23 Apr 2025 07:00:00 GMT to Sat, 13 Dec 2025 12:00:10 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 3
