BKR changes
Pick any two versions below to diff them.
- Price
- $55.70 → $56.00(+0.5%)
- Discount
- 16% to 31% → 15% to 30%(−1.0 pts)
- Recent events
- 2026-10-15: Baker Hughes and Venture Global signed a Power Frame Agreement for gas turbines, steam turbines and related equipment and services for up to 16 power island units, with deliveries from 2028 to 2034. Venture Global said each unit is rated 720 megawatts and that it signed a similar agreement with GE Vernova. The agreement is a framework, not a firm order. Venture Global expects to place its first power island purchase order by the end of 2026. 2026-09-28: Baker Hughes said it will release its Q3 2026 results on October 27, 2026, after the market closes, and hold its call on October 28, 2026. 2026-07-26: Baker Hughes reported Q2 2026 results. Orders were $10.5 billion, including record IET orders of $7.1 billion, and remaining performance obligations were $40.1 billion. Revenue was $6.7 billion, adjusted EBITDA was $1,231 million and free cash flow was $1,109 million. GAAP diluted EPS was $0.68 and adjusted EPS was $0.64. The company announced the sale of Waygate Technologies to Hexagon for about $1.45 billion in cash. 2026-07-26: IET received a major Venture Global award for six LNG blocks, awards from Cheniere and Bechtel for Sabine Pass Train 7, and orders for gas turbines from Dynamis Power Solutions and Kodiak Gas Services for power at data centers and energy sites. 2026-07-16: Baker Hughes completed the purchase of Chart Industries for $210 per share in cash. It paid with cash on hand, the $6.5 billion and EUR 3.0 billion of notes issued on March 11, 2026, and new two-year term loans. It expects $325 million of annual cost synergies by the third year and targets net leverage of 1.0 to 1.5 times within 24 months.