Baker Hughes Co traded at $63.20 this Wednesday May 27th, decreasing $3.53 or 5.29 percent since the previous trading session. Looking back, over the last four weeks, Baker Hughes lost 6.61 percent. Over the last 12 months, its price rose by 72.30 percent. Looking ahead, we forecast Baker Hughes Co to be priced at 64.72 by the end of this quarter and at 60.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Baker Hughes Company is an energy technology company with a portfolio of technologies and services that span the energy and industrial value chain. The Company operates in two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development, to production, rejuvenation, and decommissioning. OFSE is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea and Surface Pressure Systems. IET segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry, including oil and gas, liquefied natural gas (LNG) operations, downstream refining and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors.