Baker Hughes Company
0RR8.L
London Stock Exchange64.00
USD
-0.09
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Baker Hughes Company
0RR8.L
(London Stock Exchange)
Recent
price
64.00
P/E
ratio
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div
yld
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ROIC.AI
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- Business
- Baker Hughes Company (NASDAQ: BKR; LSE: 0RR8), an energy technology company, provides a broad portfolio of equipment, services, and digital solutions to the energy and industrial value chains worldwide; its core offerings span oilfield services and equipment including drilling, completion, production, intervention, subsea systems, flexible pipes, and related technologies for petroleum and geothermal applications; as well as industrial and energy technology solutions encompassing mechanical drive systems, compression equipment, power generation, measurement instruments, carbon capture utilization and storage, hydrogen production, emissions management, LNG technologies, and turbine compressors such as the NovaLT series. The company operates in over 120 countries with key facilities in the United States, United Kingdom, Italy, Saudi Arabia, United Arab Emirates, Australia, Brazil, Singapore, Malaysia, India, Germany, and Norway, targeting upstream oil and gas operators, industrial customers, data centers, and renewable energy projects. Tracing its origins to the 1907 founding of Baker Oil Tool Company and the 1908 establishment of Hughes Tool Company, with formal incorporation following their 1987 merger, Baker Hughes maintains co-headquarters in Houston, Texas, and London, UK. Recent developments include the August 2025 completion of its $540 million acquisition of Continental Disc Corporation to enhance critical pressure management solutions in its valves portfolio; a September 2025 announcement of a nearly 300 million euro investment over five years to expand manufacturing and R&D capacity at Italian facilities in Florence, Massa, Avenza, Bari, Talamona, and Vibo Valentia for natural gas, hydrogen, LNG, and data center applications, creating specialized production and engineering jobs; and a July 2025 agreement to acquire Chart Industries for $13.6 billion in an all-cash deal expected to close by mid-2026, bolstering capabilities in LNG, renewables, and lower-carbon solutions with projected $325 million in annual synergies.