Baker Hughes Company ( (BKR) ) has issued an update.
On February 24, 2025, Baker Hughes announced the appointment of Ahmed Moghal as the new Executive Vice President and Chief Financial Officer, succeeding Nancy Buese. This executive transition is part of Baker Hughes’ strategic transformation efforts, aiming to drive profitable growth and enhance margins across its business segments. The company reaffirmed its financial outlook for 2025, highlighting expectations of EBITDA growth and a commitment to returning a significant portion of free cash flow to shareholders.
More about Baker Hughes Company
Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide. With over a century of experience, the company operates in more than 120 countries, focusing on making energy safer, cleaner, and more efficient.
YTD Price Performance: 11.76%
Average Trading Volume: 6,805,670
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $45.17B
For a thorough assessment of BKR stock, go to TipRanks’ Stock Analysis page.