BKR — Baker Hughes Company
Energy · Oil & Gas Equipment & Services
About Baker Hughes Company
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. Its Oilfield Services & Equipment segment designs and manufactures exploration, appraisal, development, production, rejuvenation, and decommissioning products and related services for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The company's Industrial & Energy Technology segment offers gas technology equipment, such as drivers, driven equipment, and turnkey solutions for the mechanical and electric-drive, compression, and power-generation applications; aftermarket support and uptime gas technology services; non-destructive testing technologies, software, and services; pre-commissioning and maintenance services; flow control and safety solutions; mechanical and electromechanical gear transmission systems; Cordant, a software solution to optimize assets, processes, and energy use; Bently Nevada, a sensing and protection hardware for rack-based vibrating monitoring equipment and sensors; and climate technology solutions. It serves industrial, upstream, midstream, downstream, onshore, offshore, and small-to-large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. The company was incorporated in 2016 and is based in Houston, Texas.
The oilfield-services industry
Services companies sell the picks and shovels of the oil patch: drilling rigs, fracking fleets, downhole tools, subsea equipment and the engineering that goes with them. Their revenue follows what producers spend, not the oil price itself — and producer budgets react to prices with a lag, so services cycles arrive later and swing harder. The big three (SLB, Halliburton, Baker Hughes) split roughly along international versus North American exposure, and international and offshore work runs on longer contracts than the spot-driven US shale business. Read these as a bet on drilling activity: when producers open their wallets, services margins expand fast; when budgets get cut, there is nowhere to hide. Baker Hughes splits between oilfield services and an energy-technology arm that sells LNG turbomachinery.
Key data · delayed ~15 min, as of 1 August 2026
| Ticker | BKR |
| Company | Baker Hughes Company |
| Price | $60.49 |
| Market cap | $60.0B |
| Sector / industry | Energy / Oil & Gas Equipment & Services |
| Analyst mean target | $71 (22 analysts, buy) |
Valuation read
What the price implies: the market is pricing in roughly ~5%/yr earnings growth (modest), on a reverse-DCF of forward earnings ($3.18). Run your own assumptions in the fair-value calculator.
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