Baker Hughes Remains Resilient As It Navigates An Uncertain Market

Michael Del Monte
4.95K Followers
(9min)

Summary

  • Baker Hughes reported mixed Q1'25 results; strong growth in Infrastructure & Energy Technology (IET) offsets Oilfield Services & Equipment (OFSE) uncertainty. Reiterating BUY rating with a $46/share target.
  • Total orders declined by 1.27%, driven by a 9.46% drop in OFSE. However, IET orders increased by 9%, fueled by a 17% rise in gas technology.
  • Despite tariff-related headwinds, Baker Hughes remains poised for growth in gas tech and data center power solutions.

Oil pumps and wind mill during sunset.

Torsten Asmus

Baker Hughes (NASDAQ:BKR) reported mixed results in its q1’25 earnings report, with Oilfield Services & Equipment facing significant uncertainty in the market while Infrastructure & Energy Technology [IET] picks up in growth. Though the margin outlook remains strong, there may be risk to achieving the

This article was written by

4.95K Followers
Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Investment recommendations are built upon the entirety of the investment ecosystem rather than considering a company independently.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BKR, CRS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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