Benzinga
Published Oct 17, 2023 17:00
Updated Oct 17, 2023 18:10
Inquiry Into Baker Hughes's Competitor Dynamics In Energy Equipment & Services Industry
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Baker Hughes (NASDAQ:BKR) in comparison to its major competitors within the Energy Equipment & Services industry. By analyzing crucial financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in the industry.
Baker Hughes Background Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.
Baker Hughes Co | 30.57 | 2.35 | 1.52 | 2.75% | $0.95 | $1.31 | 25.12% |
SLB | 21.78 | 4.54 | 2.75 | 5.63% | $1.98 | $1.6 | 19.58% |
Halliburton Co | 15.63 | 4.38 | 1.72 | 7.13% | $1.15 | $1.08 | 14.27% |
Tenaris SA | 5.37 | 1.26 | 1.33 | 7.32% | $1.58 | $1.81 | 45.51% |
NOV Inc | 19.52 | 1.49 | 1.01 | 2.9% | $0.27 | $0.46 | 21.19% |
Weatherford International PLC | 27.27 | 10.70 | 1.44 | 13.53% | $0.2 | $0.43 | 19.74% |
ChampionX Corp | 27.31 | 3.82 | 1.76 | 5.6% | $0.18 | $0.28 | -0.64% |
Tidewater Inc | 63.26 | 3.95 | 4.20 | 2.56% | $0.06 | $0.06 | 31.52% |
Liberty Energy Inc | 5.68 | 1.94 | 0.72 | 9.35% | $0.31 | $0.26 | 26.77% |
Cactus Inc | 24.07 | 4.17 | 4.22 | 3.3% | $0.09 | $0.1 | 79.67% |
Oceaneering International Inc | 40 | 4.73 | 1.18 | 3.57% | $0.07 | $0.1 | 14.1% |
USA Compression Partners LP | 861.67 | 9.44 | 3.30 | 3.94% | $0.13 | $0.08 | 20.68% |
Archrock Inc | 30.86 | 2.37 | 2.19 | 2.84% | $0.11 | $0.09 | 14.69% |
RPC Inc | 6.55 | 1.94 | 1.03 | 6.68% | $0.11 | $0.12 | 10.75% |
ProFrac Holding Corp | 2.49 | 1.18 | 0.09 | -0.41% | $0.15 | $0.13 | 20.24% |
Kodiak Gas Services Inc | 24.87 | 7.03 | 1.80 | 2.73% | $0.13 | $0.12 | 14.76% |
ProPetro Holding Corp | 12.80 | 1.16 | 0.76 | 3.94% | $0.11 | $0.08 | 38.14% |
Atlas Energy Solutions Inc | 23.76 | 15.20 | 1.90 | 57.86% | $0.09 | $0.09 | 23.2% |
US Silica Holdings Inc | 6.79 | 1.32 | 0.62 | 6.08% | $0.12 | $0.15 | 4.7% |
Dril-Quip Inc | 43.15 | 1.01 | 2.44 | 0.4% | $0.01 | $0.02 | -4.65% |
Tetra Technologies Inc | 35.33 | 5.96 | 1.37 | 14.25% | $0.04 | $0.05 | 24.69% |
Select Water Solutions Inc | 12.44 | 1.06 | 0.56 | 2.66% | $0.06 | $0.06 | 20.46% |
Bristow Group Inc | 48.67 | 0.96 | 0.66 | -0.2% | $0.02 | $0.21 | 5.85% |
Average | 61.78 | 4.07 | 1.68 | 7.35% | $0.32 | $0.34 | 21.15% |
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.dividend-frequency { font-size: 12px; color: #6c757d; } Upon closer analysis of Baker Hughes, the following trends become apparent:
The debt-to-equity (D/E) ratio indicates the proportion of debt and equity used by a company to finance its assets and operations.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
In light of the Debt-to-Equity ratio, a comparison between Baker Hughes and its top 4 peers reveals the following information:
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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