BKR

Baker Hughes to supply NovaLT™ industrial gas turbines packaged with generators, gearboxes, and control systems Leveraging Baker Hughes' technology, Dynamis Power Solutions' DT17 platform will deliver industry-leading power density in a compact footprint HOUSTON and LONDON, July 29, 2026 (GLOBE NEWSWIRE) -- Dynamis Power Solutions, LLC (Dynamis), a leading mobile power generation packager in North America, and Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a major order for 76 NovaLT™16 gas turbines paired with gearboxes and generators powered by BRUSH™ Power Generation – totaling ~1.3GW for hypermobile power generation across a wide range of data center projects and oil & gas applications. The turbines were booked in the second quarter, and the gearboxes and generators in the third.

BKR beat Q2 estimates as IET margins expand, orders surge 49% and record backlog supports a stronger 2026 outlook.

Baker Hughes Company remains a Hold, as its current valuation closely matches a conservative fair value despite strong operational performance. BKR's recent Chart Industries acquisition and asset sales support targeted deleveraging to 1.0x–1.5x net debt/EBITDA within 24 months. Near-term boosts from Middle East tensions and AI-driven power demand could reverse, introducing volatility and potential headwinds.

Baker Hughes NASDAQ: BKR reported second-quarter results that exceeded its guidance range, supported by record orders in its Industrial & Energy Technology segment and stronger-than-expected performance in its Oilfield Services & Equipment business despite disruptions in the Middle East.

Baker Hughes stock is one of the top-performing stocks in the S&P 500 on Monday as second-quarter earnings show the oilfield services company is successfully navigating the situation in the Middle East.

HOUSTON and LONDON, July 27, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a major order, booked in the second quarter, from Venture Global LNG to provide a comprehensive liquefaction solution for its CP2 LNG expansion project in Louisiana.

Baker Hughes surpassed Wall Street ​expectations for second-quarter ‌profit on Sunday, as strength in ​its industrial and ​energy technology unit offset ⁠lower drilling ​activity caused by disruptions ​in the Middle East.

Second-quarter highlights Orders of $10.5 billion , including $7.1 billion of IET orders. RPO of $40.1 billion , including record IET RPO of $37.1 billion.

HOUSTON and LONDON, July 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on Aug. 17, 2026, to holders of record on Aug. 7, 2026.

The U.S. energy sector has outperformed in 2026, driven primarily by geopolitical-related supply fears, elevated oil prices, and rising demand from the AI infrastructure buildout. While broad energy funds have also surged, investors can potentially enhance exposure by targeting specific segments of the energy market.