FeesSafety
Pluang+

Baker Hughes completes Chart Industries acquisition; synergy benefits expected next year

Company Fundamentals
28 Oct 2026, 14:15 WIB
Seeking Alpha
View Source
Neutral
Baker Hughes completes Chart Industries acquisition; synergy benefits expected next year

Baker Hughes has finalized its acquisition of Chart Industries, with current quarterly results affected by transaction costs and noncash amortization. Immediate financial performance mainly reflects pre-merger sales backlogs due to long product lead times, delaying synergy benefits. The company anticipates significant advantages from an integrated sales force starting next year, although the scale of these benefits remains uncertain. This merger aims to boost sales through combined efforts in the oil and gas sector.

Baker Hughes shares trade at USD 58.61 on Pluang as of Oct 28, 2026, 18:12 WIB, down 0.66% for the day. The stock's market cap stands at $58.57 billion with a dividend yield of 1.56%. Pluang investors show full buying interest, with 100% buy orders and no sell activity.

More News (BKR)

Baker Hughes wins major contract for subsea systems in Eni's Cronos gas project offshore Cyprus

Baker Hughes wins major contract for subsea systems in Eni's Cronos gas project offshore Cyprus

Baker Hughes secured a significant contract from Eni to supply subsea production systems and services for the deepwater Cronos gas development offshore Cyprus. The deal, booked in Q3 2026, aims to accelerate Eni's project timeline by using standardiz...

Market News
Bullish
4 hours ago
Baker Hughes reports Q3 2026 revenue of $8B, strong orders, and raises full-year outlook after acquiring Chart Industries.

Baker Hughes reports Q3 2026 revenue of $8B, strong orders, and raises full-year outlook after acquiring Chart Industries.

Baker Hughes announced its Q3 2026 results with $8 billion in revenue and $10.8 billion in orders, including a record $5.9 billion for Industrial & Energy Technology (IET). The company completed the acquisition of Chart Industries, boosting its portf...

Company Fundamentals
Bullish
18 hours ago
Baker Hughes wins major 1.1 GW power and cooling order for US AI computing project

Baker Hughes wins major 1.1 GW power and cooling order for US AI computing project

Baker Hughes secured a significant order to provide about 1.1 gigawatts of power generation equipment, including turbines and generators, along with cooling solutions for a major U.S. tech company's advanced AI computing infrastructure. The order, bo...

Market News
Bullish
19 hours ago
Baker Hughes declares $0.23 quarterly dividend payable Nov 20, 2026.

Baker Hughes declares $0.23 quarterly dividend payable Nov 20, 2026.

Baker Hughes announced a quarterly cash dividend of $0.23 per share of Class A common stock, payable on November 20, 2026, to shareholders recorded by November 10, 2026. The company plans to fund this dividend from cash generated through its operatio...

Company Fundamentals
Neutral
19 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App