Baker Hughes Company (BKR)
32.15 USD -1.33 (-3.97%) Volume: 7.4M
Baker Hughes Company’s stock price stands at 32.15 USD, witnessing a -3.97% drop this trading session, with a trading volume of 7.4M, and a year-to-date percentage change of -5.94%, reflecting its dynamic performance in the market.
Latest developments on Baker Hughes Company
Today, Baker Hughes saw fluctuations in its stock price following various key events in the industry. The U.S. rig count remained steady at 600, with the addition of one in the M-U region. Despite a drop in Permian rigs, the overall drill count in the U.S. remained unchanged. Additionally, Sonatrach collaborated with Baker Hughes to enhance gas production in Algeria using the company’s technology. Market participants have acknowledged Baker Hughes as a top value stock for long-term investments, with its revenues gaining recognition. Moreover, the company’s stock price rose by 3.6% this week, marking a three-year gain of 145%. With its joint venture HMH eyeing a U.S. IPO and the availability of December 2026 options, Baker Hughes continues to be a significant player in the industry.
A look at Baker Hughes Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Baker Hughes has a positive long-term outlook. With high scores in Growth and Momentum, the company is poised for future expansion and market success. Additionally, strong scores in Value, Dividend, and Resilience indicate that Baker Hughes is well-positioned to weather economic fluctuations and provide value to its investors.
Baker Hughes Company, a provider of oilfield products and services, has received favorable ratings across various factors. With a focus on growth and a solid track record of resilience, the company is likely to continue its success in the oil and gas industries worldwide. Investors can look forward to potential dividends and value appreciation from this well-regarded company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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