Previous close | 32.62 |
Open | 32.39 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 32.39 - 32.39 |
52-week range | 26.30 - 37.54 |
Volume | |
Avg. volume | 6,348 |
Market cap | 335.917M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 0.93 |
EPS (TTM) | 0.35 |
Earnings date | 24 Apr 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Comprehensive Analysis of Baker Hughes's Latest Financial Performance
Baker Hughes (BKR) delivered earnings and revenue surprises of 7.50% and 1.22%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Oilfield services firm Baker Hughes beat analysts' estimates for first-quarter profit on higher international drilling demand and increased its dividend. Brent crude rose nearly 10% in the quarter on an average, prompting oil firms to drill more, creating demand for oilfield services and equipment offered by Baker Hughes and rivals. International rig count, an indicator of future production, was up 5.4% at 965 on an average at the end of the first quarter, from a year earlier, according to Baker Hughes data.