Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now XETRA - Delayed Quote • EUR Baker Hughes Company (68V.DE) Follow Compare 42.04 -0.47 (-1.09%) At close: 5:35:33 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by one to 593 in the week to February 28, its highest since June. Despite this week's rig increase, Baker Hughes said the total count was still down 36 rigs, or 6% below this time last year. CFOs On the Move: Week ending Feb. 28 Unilever promotes its finance chief to CEO, Porsche names a new chief financial officer and PayPal’s CFO takes on chief operating officer role. Why Baker Hughes (BKR) is a Top Value Stock for the Long-Term Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. Baker Hughes Names Ahmed Moghal Finance Chief as Nancy Buese Departs Baker Hughes has appointed a new top finance executive, as the oil-field-services company embarks on the next phase of its transformation plan. Baker Hughes on Monday said Nancy Buese, who joined the Houston company as chief financial officer in November 2022, is leaving by mutual agreement, while company veteran Ahmed Moghal will now serve as executive vice president and chief financial officer. Buese, who previously spent six years as finance chief of gold producer Newmont moved to Baker Hughes as the company was looking to cut costs and boost profits through a reorganization into two business units. Baker Hughes Appoints Ahmed Moghal As CFO, Reaffirms Growth Targets Baker Hughes Company (NASDAQ:BKR) shares are trading lower on Monday. The company disclosed the appointment of Ahmed Moghal as its new chief financial officer, effective immediately. He will succeed Nancy Buese, who, by mutual agreement with the company, ceased to serve as CFO effective today. She will transition to a strategic adviser role and will leave the company on April 30, 2025. Moghal, who is currently serving as CFO of the company’s Industrial & Energy Technology (IET) business, previou Baker Hughes taps insider for CFO Ahmed Moghal, who joined the energy technology company in 2017, was appointed to take the company’s finance reins Monday. Baker Hughes names Ahmed Moghal as CFO Shares of the company fell 1.3% in morning trade. Moghal, who will succeed Nancy Buese, previously served as the finance chief for the company's industrial and energy technology (IET) business. The appointment comes as Baker Hughes is in the middle of a strategic pivot to leverage its IET portfolio to drive growth and expand its presence in the natural gas and LNG sectors, and scale up new energy and digital businesses. Baker Hughes Appoints Ahmed Moghal Chief Financial Officer Experienced Baker Hughes finance leader will play key role in driving next phase of strategic transformation and growth HOUSTON and LONDON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) on Monday announced that Ahmed Moghal, a highly experienced finance leader who currently serves as chief financial officer (CFO) of our Industrial & Energy Technology (IET) business, has been appointed CFO of the Company, effective immediately. Prior to IET Estimating The Fair Value Of Baker Hughes Company (NASDAQ:BKR) Key Insights Baker Hughes' estimated fair value is US$50.02 based on 2 Stage Free Cash Flow to Equity Current share... Baker Hughes Appoints Ahmed Moghal to CFO Ahmed Moghal is taking over as CFO of Baker Hughes following Nancy Buese’s departure from the position. Is Baker Hughes Company (BKR) The Best Oil Refinery Stock To Invest In According to Analysts? We recently published a list of 12 Best Oil Refinery Stocks To Invest In According to Analysts. In this article, we are going to take a look at where Baker Hughes Company (NASDAQ:BKR) stands against other best oil refinery stocks to invest in according to analysts. The United States of America is the Largest Oil Producing […] Oil Rig Count Grows by 7; Crude Futures Headed for Weekly Losses The number of oil rigs in the US rose by seven in the week ended Friday, according to data compiled US oil and gas rig count hits highest since June, says Baker Hughes (Reuters) -U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy services firm Baker Hughes said in its closely followed report on Friday. Despite this week's rig increase, Baker Hughes said the total count was still down 34, or 5% below this time last year. Baker Hughes said oil rigs rose by seven to 488 this week, their highest since September, while gas rigs fell by two to 99. US drillers add oil and gas rigs for third week in a row - Baker Hughes U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday. Despite this week's rig increase, Baker Hughes said the total count was still down 33 rigs, or 5% below this time last year. Baker Hughes said oil rigs rose by one to 481 this week, while gas rigs gained one to 101. Is Baker Hughes Company (BKR) the Best Liquefied Natural Gas Stock to Buy In 2025? We recently compiled a list of the 10 Best Liquefied Natural Gas (LNG) Stocks to Buy in 2025. In this article, we are going to take a look at where Baker Hughes Company (NASDAQ:BKR) stands against the other liquefied natural gas stocks. Liquefied natural gas (LNG) is natural gas that has been reduced to a liquid […] Why Baker Hughes (BKR) is a Top Momentum Stock for the Long-Term The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Baker Hughes (BKR) is a Top-Ranked Growth Stock: Should You Buy? Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. Here's Why Baker Hughes (BKR) is a Strong Value Stock Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. Baker Hughes Company (BKR) Among the Best Energy Dividend Stocks to Buy Right Now We recently published a list of 10 Best Energy Dividend Stocks To Buy Right Now. In this article, we are going to take a look at where Baker Hughes Company (NASDAQ:BKR) stands against other best energy dividend stocks to buy right now. The energy sector’s presence within the broader US stock market has fluctuated over […] US drillers add oil and gas rigs for second week in a row, Baker Hughes says U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes said in its closely followed report on Friday. Despite this week's rig increase, Baker Hughes said the total count was still down 37 rigs, or 6% below this time last year. Baker Hughes said oil rigs rose by one to 480 this week, while gas rigs increased by two to 100. Performance Overview Trailing total returns as of 2/28/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return 68V.DE S&P 500 YTD +8.17% +1.24% 1-Year +59.55% +17.45% 3-Year +72.46% +36.14%