Baker Hughes Company is a leading energy technology company that aims to drive the transition to a more sustainable energy future. Its mission focuses on delivering innovative solutions and services to enhance the efficiency and productivity of oil and gas operations while minimizing environmental impact. Baker Hughes employs advanced technologies and digital solutions to optimize resource management and reduce carbon emissions. The company's strategy emphasizes collaboration with customers and partners to develop cutting-edge technologies that support the energy sector's evolution towards cleaner and more efficient practices.

BAKER HUGHES CO

Baker Hughes has reported a slight increase in the total number of active drilling rigs in the U.S., which rose by 2 to reach 588 as of February 14, 2025. This marks the third consecutive week of growth in rig additions, although the overall count is still down by 33...

Baker Hughes Reports Modest Increase in U.S. Oil and Gas Rig Count Amid Ongoing Market Challenges

Baker Hughes reports a slight uptick in U.S. drilling rigs, signaling a cautious rebound amid ongoing market challenges. With energy companies prioritizing financial stability over expansion, can this modest growth sustain investor confidence in the sector?