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Baker Hughes sees drop in producer spending

Baker Hughes forecasts drop in producer spending as tariffs pinch demand

U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in spending by global oil producers as tariffs dent demand expectations and push down prices for crude.

Seeking Alpha on MSN · 3d

Baker Hughes sees drop in producer spending as tariffs hit demand

Baker Hughes (BRK) -4.7% in Wednesday's trading after beating estimates for Q1 adjusted earnings but flagging a potential impact of $100M-$200M on its annual core profit due to tariffs. Q1 net income fell to $402M,

OilPrice.com · 3d

Tariff Concerns Weigh on Baker Hughes Outlook

Baker Hughes expresses caution about its financial outlook due to macroeconomic and trade policy uncertainty, reporting a decline in profits and estimating a potential tariff impact.

Baker Hughes: Turmoil Ahead

Baker Hughes Company is an energy technology firm with a diversified portfolio serving upstream, midstream, and downstream ...

Texas-Based Baker Hughes Warns Of $100-$200 Million EBITDA Risk From Tariffs In 2025

Baker Hughes Company (BKR) reports flat revenue of $6.43B in Q1 FY25, misses consensus of $6.49B. Adjusted EPS beats at $0.51 ...

Baker Hughes price target lowered to $46 from $50 at RBC Capital

RBC Capital lowered the firm’s price target on Baker Hughes (BKR) to $46 from $50 and keeps an Outperform rating on the shares. The company’s ...

Baker Hughes Remains Resilient As It Navigates An Uncertain Market

Strong IET growth offsets OFSE decline. Explore its $46/share target, gas tech potential & data center power solutions. Read ...

Baker Hughes Co. stock rises Thursday, still underperforms market

Baker Hughes Co. closed 26.36% short of its 52-week high of $49.40, which the company achieved on February 6th.

Nasdaq4d

Baker Hughes Declares Quarterly Cash Dividend of $0.23 per Share

Baker Hughes announced a quarterly cash dividend of $0.23 per share of Class A common stock, which will be paid on May 16, 2025, to shareholders recorded by May 6, 2025. The company plans to fund ...

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