Baker Hughes Co (BKR) stock price, news and key stats
Price
Last close as of Sep 16, 2026. Delayed data; not a live quote.
- Previous close
- $56.72
- Open
- $56.33
- Day range
- $55.44 – $57.23
- Volume
- 9.5M
About Baker Hughes Co
Baker Hughes is a provider of oilfield services, products, technology, and systems to the oil and natural gas industry.
Latest BKR news
- Kill Fluid Oil-Based Market Outlook to 2035Market Outlook · Sep 16, 2026
The Kill Fluid Oil-Based market is projected to experience a compound annual growth rate (CAGR) of 4-6% through 2035, driven primarily by mandatory well decommissioning programs in mature oil basins and the implementation of stricter well-integrity regulations. This growth is indicative of a broader trend within the drilling fluids sector, which is expected to reach a market size of approximately USD 19,079.04 billion, growing at a CAGR of 7.5% during the same period. The demand for oil-based fluids is particularly strong, as they are essential for various drilling operations in the oil and gas industry. The increasing activity in oil and gas exploration and production is a key factor propelling the Kill Fluid Oil-Based market. As operators seek to enhance efficiency and comply with regulatory requirements, the demand for effective drilling fluids is expected to rise. This trend is likely to have significant implications for market participants, as companies that can innovate and provide high-quality oil-based fluids may gain a competitive edge. Additionally, the ongoing transition towards more sustainable practices in the energy sector could influence the types of fluids used, potentially affecting market dynamics in the long term. Overall, the outlook for the Kill Fluid Oil-Based market remains positive, with robust growth anticipated as the industry adapts to evolving regulatory landscapes and increasing operational demands. Stakeholders should closely monitor developments in drilling technologies and regulatory changes, as these factors will play a crucial role in shaping the market's trajectory through 2035.
- Drill, baby, drill: geothermal energy developers borrow techniques from oil and gasFT Companies · Sep 15, 2026
Geothermal energy developers are increasingly adopting drilling techniques from the oil and gas sector to enhance their operations and efficiency. Fervo Energy, a notable player in this space, recently raised $1.9 billion in an initial public offering, reflecting growing investor confidence in the potential of geothermal energy as a sustainable power source. This infusion of capital is expected to accelerate the development of geothermal projects, which harness the Earth's heat to generate electricity. The crossover of drilling technologies signifies a strategic shift in the geothermal sector, aiming to reduce costs and improve the viability of geothermal projects. By leveraging established oil and gas techniques, developers can potentially increase the depth and efficiency of geothermal wells, making it easier to tap into hotter and more productive geothermal reservoirs. This approach not only enhances energy output but also positions geothermal energy as a more competitive alternative in the broader renewable energy landscape. Market implications are significant, as the success of companies like Fervo Energy could attract further investment into geothermal projects, potentially leading to a diversification of energy portfolios for investors. As the world grapples with climate change and seeks to transition away from fossil fuels, the integration of oil and gas methodologies into geothermal energy production may play a crucial role in meeting renewable energy targets while ensuring energy security.
- U.S. Oil Rig Count Rises as Oil Tops $100Oil & Gas · Sep 11, 2026
The U.S. oil rig count has seen a notable increase as oil prices have surged past $100 a barrel, according to the latest data released by Baker Hughes. This uptick in drilling activity reflects a growing optimism among producers, who are responding to the higher price environment that typically incentivizes exploration and production efforts. The current rig count indicates a robust recovery in the sector, which had faced significant challenges in recent years due to fluctuating prices and market uncertainties. As oil prices climb, the implications for the broader market are significant. Higher oil prices can lead to increased revenues for oil companies, potentially boosting their stock prices and attracting investment into the sector. Additionally, the rise in drilling activity may signal a tightening supply situation, which could further elevate prices if demand remains strong. However, this surge in oil prices could also have adverse effects on the economy, particularly for consumers facing higher fuel costs and inflationary pressures. Investors will be closely monitoring these developments as they assess the sustainability of the current oil price rally and its impact on various sectors.
- Hormuz Shipping Traffic Plunges as Middle East War EscalatesOil & Gas · Sep 11, 2026
Shipping traffic through the Strait of Hormuz has experienced a significant decline amid escalating hostilities in the Middle East, particularly the ongoing conflict involving the U.S., Israel, and Iran. Preliminary ship-tracking data indicates that vessel transits dropped to just seven on Thursday, down from 11 the previous day, marking a stark contrast to the recent average of 10 daily crossings. This reduction is attributed to heightened security concerns following a series of tanker attacks, which have deterred commercial shipping in one of the world's most critical maritime chokepoints. The implications of this decline are profound, particularly for global oil markets. Brent crude prices surged above $100 per barrel as fears of supply disruptions intensified. The Strait of Hormuz is a vital corridor for approximately 20% of the world's oil supply, and any significant reduction in shipping traffic raises alarms about potential shortages and increased volatility in energy prices. Analysts warn that sustained disruptions could lead to broader supply chain issues, affecting not only oil but also other commodities reliant on maritime transport through the region. As the conflict continues, the situation remains fluid, with geopolitical tensions likely to influence shipping patterns and market stability. Stakeholders in the energy sector are closely monitoring developments, as any further escalation could exacerbate the current disruptions and lead to more drastic measures by shipping companies and insurers, potentially reshaping trade routes in the region.
- Elon Musk’s gas turbines could shake up the backlogged sectorFT Companies · Sep 11, 2026
Elon Musk has announced that SpaceX will begin manufacturing its own gas turbine parts, a move that could significantly disrupt the energy sector, particularly amid ongoing supply chain challenges. Musk claims that this initiative will allow SpaceX to bring natural gas turbines online up to 18 months faster than traditional manufacturing processes. This acceleration could help alleviate some of the bottlenecks currently affecting energy supplies, especially as demand surges for energy to power AI data centers. The implications of Musk's entry into the gas turbine market are substantial. By potentially increasing the supply of natural gas turbines, SpaceX could ease pressure on manufacturers struggling to meet growing energy demands. This could lead to a more competitive landscape, prompting existing players to ramp up production and innovate to maintain their market positions. However, the move also raises questions about the long-term role of natural gas in the energy transition, particularly in relation to renewable sources and nuclear energy. As the energy sector grapples with the dual challenges of supply constraints and the urgent need for sustainable solutions, Musk's strategy may serve as a catalyst for change. If successful, it could not only enhance SpaceX's operational capabilities but also reshape the dynamics of energy production, potentially impacting investment flows and regulatory discussions surrounding fossil fuels and their role in the future energy mix.
- Lightweight Ceramic Proppant Market Outlook to 2035Market Outlook · Sep 9, 2026
The global lightweight ceramic proppant market is poised for substantial growth, with projections indicating an increase from approximately USD 3.658 billion in 2024 to USD 5.976 billion by 2035. This growth represents a compound annual growth rate (CAGR) of 4.56% during the period from 2025 to 2035. The broader demand fundamentals and a more disciplined procurement behavior are expected to shape the market landscape as it enters 2026, alongside a more regionally diversified supply architecture. In the context of the overall ceramic proppant market, which is anticipated to reach around USD 5.2 billion by 2035, the lightweight segment is expected to play a crucial role in driving innovation and efficiency in hydraulic fracturing processes. The ceramic proppant market as a whole is projected to grow at a CAGR of approximately 8% from 2025 to 2035, reflecting a robust demand from the oil and gas sector as companies seek to enhance extraction efficiency and reduce operational costs. This trend may lead to increased investments in research and development, as well as potential shifts in supply chain dynamics, which could further influence pricing and availability in the coming years.
- Oil-Based Drilling Mud Market Outlook to 2035Market Outlook · Sep 5, 2026
The oil-based drilling mud market is poised for steady growth through 2035, with projections indicating an increase in market value from USD 3.68 billion in 2025 to approximately USD 6.11 billion by 2035. This growth translates to a compound annual growth rate (CAGR) of 5.5%, driven primarily by sustained capital expenditures from major oil and gas operators focused on enhancing drilling efficiency and wellbore integrity in increasingly challenging environments. Oil-based mud formulations are expected to capture around 30-40% of the global market value, reflecting their critical role in both onshore and offshore drilling operations. Key trends influencing this market include a rising demand for efficient drilling fluids, particularly as operators seek to optimize performance under complex geological conditions. The expected growth rate of 4.1% CAGR from 2025 to 2035 underscores the industry's shift towards advanced drilling technologies. Additionally, the development of more environmentally friendly and biodegradable oil-based mud options is likely to gain traction, aligning with broader sustainability goals within the energy sector. As these trends unfold, the oil-based drilling mud market is set to play a pivotal role in supporting the oil and gas industry's ongoing evolution.
- U.S. Oil Rig Count Rises as Gas Rig Activity DeclinesOil & Gas · Sep 4, 2026
The U.S. oil rig count has seen a notable increase, rising by seven to a total of 588 active drilling rigs, according to the latest data from Baker Hughes. This marks the 12th increase in the past 13 weeks, highlighting a sustained interest in oil exploration and production amid fluctuating market conditions. In contrast, the gas rig count has declined, reflecting a shift in focus among energy companies as they navigate the complexities of supply and demand dynamics in the natural gas market. Despite the overall stability in the total number of active drilling rigs, the increase in oil rigs suggests that operators are responding to higher crude oil prices and a robust demand outlook. This trend may have significant implications for the oil market, potentially leading to increased production levels that could influence global supply and pricing. Conversely, the decline in gas rig activity may signal a cautious approach to natural gas investments, as companies assess market conditions and the impact of seasonal demand fluctuations. As the energy sector continues to evolve, these rig count changes will be closely monitored by investors and analysts alike.
- Bringing Trusted Cybersecurity to the PipelineOil & Gas · Sep 2, 2026
The oil and gas sector is increasingly prioritizing cybersecurity measures to protect critical infrastructure, particularly pipeline systems that transport hydrocarbons. Recent incidents, such as the May 2021 ransomware attack on the Colonial Pipeline, have underscored the vulnerabilities in the industry, where compromised gas analyzers can lead to misrouted gas and accelerated pipeline corrosion. As a result, companies are now focusing on enhancing their cybersecurity protocols to safeguard against potential threats that could disrupt operations and impact supply chains. The integration of advanced cybersecurity solutions is expected to have significant implications for the market. Enhanced security measures can lead to increased operational efficiency and reduced downtime, which are crucial for maintaining steady supply and stabilizing prices in the commodities market. Furthermore, as regulatory bodies tighten security requirements, companies that proactively invest in robust cybersecurity frameworks may gain a competitive edge, positioning themselves as leaders in a sector that is becoming more reliant on digital technologies. As the industry evolves, it is clear that the intersection of cybersecurity and operational integrity will play a pivotal role in shaping the future of oil and gas logistics. Stakeholders must remain vigilant and adaptable, ensuring that their cybersecurity strategies are not only reactive but also proactive in anticipating and mitigating risks associated with cyber threats.
- Clear Brine Premium Market Outlook to 2035Market Outlook · Aug 31, 2026
The Clear Brine Premium market is poised for steady growth through 2035, with a projected compound annual growth rate (CAGR) of 5.8%. By 2035, the market index is expected to reach 178 relative to 2025, indicating a robust expansion trajectory. This growth is largely driven by increasing oil and gas exploration activities, which necessitate effective drilling solutions, thereby boosting demand for clear brine fluids. The Clear Brine Fluids market is anticipated to grow from USD 3.31 billion in 2024 to USD 4.112 billion by 2035, reflecting a CAGR of 1.99% during the latter part of the decade. More significantly, the market is expected to reach USD 1.3 billion by 2035, growing at a CAGR of 6.5% from 2027 to 2035. This growth aligns with the broader trends in the energy sector, where advancements in drilling technologies and an uptick in exploration activities are expected to drive demand for specialized fluids. Overall, the outlook for the Clear Brine Premium market suggests a favorable environment for stakeholders, particularly as the oil and gas sector continues to recover and expand. Investors and companies involved in the production and supply of clear brine fluids may find opportunities for growth, particularly as the industry adapts to evolving energy demands and environmental considerations.
Index membership
- S&P 500 · Energy
- Nasdaq-100 · Energy
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