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 portfolio and recurring revenue opportunities. Despite a 33% year-over-year net income decline to $411 million, adjusted net income rose 2% to $695 million. Baker Hughes raised its full-year IET order guidance above $50 billion, driven by strong demand in energy infrastructure, AI data centers, and LNG projects, positioning it for durable growth and enhanced shareholder value.
As of Oct 28, 2026 04:01 WIB, Baker Hughes (BKR) trades at USD 57.96 on Pluang, up 3.48% for the day. This price is closer to its 52-week low of USD 44.47 than the high of USD 69.67, indicating room for growth relative to its recent peak. The stock's market cap stands at $55.60 billion, with a dividend yield of 1.64%, while all Pluang order activity is on the buy side, showing strong investor interest.
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...
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...
