Baker Hughes
BKR · NASDAQ · Energy
$57.25
+$0.69 (+1.20%) today
Market Cap
$56.83B
24h Volume
$1.2B
P/E Ratio
18.4
52w High
$69.18
52w Low
$43.79
Est. AI Revenue
8%
7-Day Sparkline (Static)
Company facts
Performance
About Baker Hughes
Baker Hughes is one of the world's largest energy technology companies, supplying equipment and services across oil, gas, LNG, and industrial power. It makes money in two segments: Oilfield Services & Equipment, serving oil and gas producers, and Industrial & Energy Technology, which sells turbines, compressors, and industrial systems.
The AI angle runs through its NovaLT gas turbine line, which has won orders to generate on-site power for data centers, including behind-the-meter power partnerships such as its work with Frontier Infrastructure. Management names data center power as a growth pillar for the industrial segment.
Formed in 1987 and headquartered in Houston, Texas, Baker Hughes employs about 54,000 people and trades on the NASDAQ.
Baker Hughes in the AI buildout
Baker Hughes plugs into the Power & Energy layer of the AI buildout through distributed generation. Data centers that cannot wait for grid interconnection are buying on-site gas turbines, and Baker Hughes' NovaLT line has won those orders through behind-the-meter power partnerships. Its compression and gas infrastructure equipment also supports the broader buildout of gas supply feeding new power plants. The AI contribution is growing from a small base inside a business still dominated by oilfield services and LNG equipment.
BKR is tracked in Power & Energy, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
BKR trades at $57.25, 53% of the way up its 52-week range of $43.79 to $69.18.
Market cap
Market capitalization is $56.83B, with an AI Exposure Score of 28 out of 100.
Valuation vs peers
Its P/E ratio of 18.4 is below the Power & Energy category median of 30.8.
Next earnings
Baker Hughes is next expected to report earnings on October 22, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Baker Hughes do?
Baker Hughes is an energy technology company operating in two segments: Oilfield Services & Equipment, serving oil and gas producers, and Industrial & Energy Technology, which sells gas turbines, compressors, and industrial systems including equipment for LNG plants and power generation.
How is Baker Hughes exposed to AI?
Supercycle rates it Peripheral with an AI Exposure Score of 28 out of 100. Its NovaLT gas turbines have won orders to power data centers directly through behind-the-meter partnerships, and management names data center power a growth pillar, though oilfield and LNG work dominates revenue.
What are NovaLT turbines?
NovaLT is Baker Hughes' line of smaller industrial gas turbines. They can be installed on-site at a data center to generate dedicated power without waiting for grid connections, which has made them a fit for AI infrastructure projects that need electricity quickly.
Is BKR a pure play AI stock?
No. Supercycle classifies Baker Hughes as Peripheral. Data center power equipment is a real and growing order stream, but the company's results are still driven mainly by oilfield services activity and LNG equipment cycles.
Who leads Baker Hughes?
Lorenzo Simonelli serves as chairman and chief executive officer and has led the company since it combined with GE's oil and gas business in 2017. Baker Hughes is headquartered in Houston, Texas and employs about 54,000 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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