Benzinga
Published Dec 14, 2023 16:00
Updated Dec 14, 2023 17:10
Understanding Baker Hughes's Position In Energy Equipment & Services Industry Compared To Competitors
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Baker Hughes (NASDAQ:BKR) against its key competitors in the Energy Equipment & Services industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within 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 | 19.50 | 2.15 | 1.34 | 3.41% | $1.08 | $1.34 | 23.69% |
SLB | 17.08 | 3.62 | 2.21 | 5.91% | $2.1 | $1.72 | 11.14% |
Halliburton Co | 11.92 | 3.39 | 1.37 | 8.03% | $1.26 | $1.12 | 8.34% |
Tenaris SA | 5.52 | 1.21 | 1.31 | 3.37% | $0.98 | $1.26 | 8.84% |
NOV Inc | 15.17 | 1.36 | 0.91 | 2.08% | $0.26 | $0.47 | 15.67% |
Weatherford International PLC | 18.23 | 8.45 | 1.28 | 17.74% | $0.3 | $0.45 | 17.23% |
ChampionX Corp | 19.58 | 3.35 | 1.57 | 4.5% | $0.19 | $0.29 | -8.01% |
Tidewater Inc | 41.92 | 3 | 3.39 | 2.72% | $0.1 | $0.08 | 56.06% |
Liberty Energy Inc | 5.26 | 1.70 | 0.66 | 8.58% | $0.31 | $0.26 | 2.33% |
Archrock Inc | 27.77 | 2.67 | 2.39 | 3.54% | $0.11 | $0.1 | 18.58% |
USA Compression Partners LP | 155.33 | 10.10 | 2.86 | 3.52% | $0.13 | $0.08 | 20.86% |
Oceaneering International Inc | 26.19 | 3.49 | 0.87 | 5.36% | $0.09 | $0.11 | 13.49% |
RPC Inc | 6.41 | 1.54 | 0.89 | 1.82% | $0.05 | $0.06 | -28.11% |
Helix Energy Solutions Group Inc | 73.62 | 0.94 | 1.18 | 1.01% | $0.07 | $0.08 | 45.17% |
Kodiak Gas Services Inc | 46.05 | 1.20 | 1.74 | 3.19% | $0.12 | $0.13 | 26.47% |
ProFrac Holding Corp | 11.76 | 1.05 | 0.29 | -1.94% | $0.13 | $0.09 | -17.58% |
Atlas Energy Solutions Inc | 19.72 | 12.61 | 1.58 | 57.86% | $0.09 | $0.09 | 23.2% |
ProPetro Holding Corp | 8.22 | 0.91 | 0.59 | 3.41% | $0.1 | $0.08 | 27.26% |
US Silica Holdings Inc | 5.93 | 1.07 | 0.54 | 3.35% | $0.1 | $0.13 | -12.38% |
Select Water Solutions Inc | 14.17 | 1.01 | 0.55 | 1.91% | $0.05 | $0.06 | 3.79% |
Dril-Quip Inc | 2193 | 0.86 | 1.92 | -0.8% | $0.01 | $0.03 | 33.02% |
Bristow Group Inc | 45.56 | 0.92 | 0.62 | 0.54% | $0.06 | $0.23 | 10.03% |
Tetra Technologies Inc | 21.14 | 4.06 | 0.93 | 3.86% | $0.02 | $0.04 | 12.19% |
Newpark Resources Inc | 25.07 | 1.39 | 0.75 | 1.85% | $0.02 | $0.04 | -9.71% |
Average | 122.37 | 3.04 | 1.32 | 6.15% | $0.29 | $0.3 | 12.08% |
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.dividend-frequency { font-size: 12px; color: #6c757d; } By carefully studying Baker Hughes, we can deduce the following trends:
The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.
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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