The case for more energy redundancy [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
The CEO of Baker Hughes told Semafor World Economy in Washington, DC that “as you think about what's happened with the Strait of Hormuz, it's going to bring back to the reality that you need infrastructure and redundancy.” Simonelli said on Monday that we “need to make sure that we don't have these choke points be the burden of energy supply.” Jacobs' Chief Executive Bob Pragada also focused on redundancy as a major takeaway from recent weeks as energy-related companies have been left reeling. “Today, moving forward, it's those threats that we probably didn't think about as much as we did back 20-30 years ago around redundancy and resiliency, as well as cyber protection—that just doesn't apply to the Middle East, that applies to facilities all over the world,” said Pragada. Simonelli added that the current conflicts involving Iran and the Strait of Hormuz could actually strengthen the case for more LNG investment “If you think about the future, natural gas isn't just a tran
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News
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- Baker Hughes (BKR) had its "overweight" rating reaffirmed by Piper Sandler.MarketBeat
- Energy experts split on gas' post-war future [Yahoo! Finance]Yahoo! Finance
- Baker Hughes (BKR) had its price target raised by Royal Bank Of Canada from $63.00 to $68.00. They now have an "outperform" rating on the stock.MarketBeat
- Baker Hughes Announces Sale of Waygate Technologies to HexagonGlobeNewswire
BKR
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BKR
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- 4/10/26 - Form CERT
- 4/8/26 - Form 8-A12B
- 4/6/26 - Form DEFA14A
- BKR's page on the SEC website