Baker Hughes secures new awards with Venture Global LNG
The partnership includes gas compression systems for the Cloud Connector Pipeline and modular liquefaction for the Plaquemines LNG expansion in Louisiana.
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Energy technology and industrial solutions company
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In short: Baker Hughes achieved record Q2 2026 orders of $10.5 billion and raised its outlook following the acquisition of Chart Industries.
The partnership includes gas compression systems for the Cloud Connector Pipeline and modular liquefaction for the Plaquemines LNG expansion in Louisiana.
The company will deploy a vessel-based modular stimulation package to optimize well completions and boost recovery across mature offshore assets.
Adjusted EBITDA reaches $4.83 billion with free cash flow up 21%, while new acquisitions and joint ventures strengthen its industrial energy portfolio.
The order includes 76 NovaLT16 gas turbines totaling ~1.3GW for data centers and oil & gas applications.
Baker Hughes Company (NASDAQ:BKR) and Venture Global, Inc. (NYSE:VG) are expanding their collaboration through a new set of equipment orders. Under the award, BKR will...
Baker Hughes stock closed at USD 59.40 on September 10, 2026, down 6.66 percent after management lowered its 2026 free-cash-flow conversion target and flagged integration...
Baker Hughes stock falls as the addition of a key acquisition to the company’s outlook didn’t impress Wall Street.
<?xml encoding="utf-8" ?> Baker Hughes Co. BKR stock rose in Wednesday's premarket session despite broader market weakness. Nasdaq futures fell 0.38%, while S&P 500 futures...
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