Professional
Added to YB: 2024-02-15
Pitch date: 2024-02-13
BKR [bullish]
Baker Hughes Company
+66.93%
current return
Author Info
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Company Info
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide.
Market Cap
$47.4B
Pitch Price
$28.07
Price Target
39.00 (-17%)
Dividend
1.91%
EV/EBITDA
9.14
P/E
16.55
EV/Sales
1.84
Sector
Energy Equipment and Services
Category
value
Show full summary:
Baker Hughes Company: 2024 Strategy Centers on Gas Technology Equipment and Services
$BKR: No-moat, FVE $35-39 on IET strength offsetting flat OFSE. Diversifying to 40% upstream rev, 90% LNG turbomachinery share shows switching costs. $2.6B cash, consistent divs+buybacks but O&G cyclicality risk remains. Upside in industrial energy tech & diversification.
Read full article (10 min)