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Baker Hughes Stock Soars on Strong Q3 Earnings
6 Dec
Summary
- Baker Hughes exceeded third-quarter 2025 earnings and revenue estimates.
- Company orders surged 23% year-over-year, driven by the IET segment.
- Stock shows strong long-term gains despite recent underperformance.
Houston-based Baker Hughes, a prominent energy technology provider, announced its third-quarter 2025 financial results, surpassing Wall Street's projections. The company achieved revenues of $7.01 billion, a modest 1% increase year-over-year, and adjusted earnings per share of $0.68, up 3% annually. These figures exceeded analyst forecasts, signaling the company's robust financial performance.
Crucially, Baker Hughes reported an impressive 23% year-over-year jump in orders, totaling $8.21 billion for the quarter. This surge was primarily attributed to strong growth within its Industrial & Energy Technology segment. A notable order included an expansion of its coiled tubing drilling fleet for Saudi Aramco's natural gas fields.
While the stock has experienced some recent underperformance relative to its sector ETF, its long-term trajectory remains positive. Shares have gained significantly over the past six months and year, and have consistently traded above their 50-day and 200-day moving averages since late July. This sustained performance indicates investor confidence in Baker Hughes' future prospects.
