Benzinga
Published Jan 11, 2024 16:00
Updated Jan 11, 2024 17:10
Understanding Baker Hughes's Position In Energy Equipment & Services Industry Compared To Competitors
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating Baker Hughes (NASDAQ:BKR) in comparison to its major competitors within the Energy Equipment & Services industry. By analyzing critical 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 | 18.70 | 2.06 | 1.29 | 3.41% | $1.08 | $1.34 | 23.69% |
Schlumberger Ltd | 16.82 | 3.57 | 2.18 | 5.91% | $2.1 | $1.72 | 11.14% |
Halliburton Co | 11.71 | 3.33 | 1.35 | 8.03% | $1.26 | $1.12 | 8.34% |
Tenaris SA | 5.30 | 1.16 | 1.26 | 3.37% | $0.98 | $1.26 | 8.84% |
NOV Inc | 15.15 | 1.36 | 0.91 | 2.08% | $0.26 | $0.47 | 15.67% |
Weatherford International PLC | 18.83 | 8.73 | 1.32 | 17.74% | $0.3 | $0.45 | 17.23% |
ChampionX Corp | 17.47 | 2.99 | 1.40 | 4.5% | $0.19 | $0.29 | -8.01% |
Tidewater Inc | 46.30 | 3.32 | 3.74 | 2.72% | $0.1 | $0.08 | 56.06% |
Liberty Energy Inc | 5 | 1.62 | 0.63 | 8.58% | $0.31 | $0.26 | 2.33% |
USA Compression Partners LP | 160.20 | 10.42 | 2.95 | 3.52% | $0.13 | $0.08 | 20.86% |
Archrock Inc | 27.64 | 2.66 | 2.38 | 3.54% | $0.11 | $0.1 | 18.58% |
Oceaneering International Inc | 25.48 | 3.40 | 0.85 | 5.36% | $0.09 | $0.11 | 13.49% |
Kodiak Gas Services Inc | 52.44 | 1.36 | 1.98 | 3.19% | $0.12 | $0.13 | 26.47% |
RPC Inc | 5.97 | 1.44 | 0.83 | 1.82% | $0.05 | $0.06 | -28.11% |
Helix Energy Solutions Group Inc | 71.23 | 0.92 | 1.14 | 1.01% | $0.07 | $0.08 | 45.17% |
ProFrac Holding Corp | 10.60 | 0.95 | 0.26 | -1.94% | $0.13 | $0.09 | -17.58% |
Atlas Energy Solutions Inc | 18.57 | 11.88 | 1.49 | 57.86% | $0.09 | $0.09 | 23.2% |
ProPetro Holding Corp | 7.61 | 0.84 | 0.55 | 3.41% | $0.1 | $0.08 | 27.26% |
US Silica Holdings Inc | 5.59 | 1.01 | 0.51 | 3.35% | $0.1 | $0.13 | -12.38% |
Bristow Group Inc | 45.61 | 0.92 | 0.62 | 0.54% | $0.06 | $0.23 | 10.03% |
Select Water Solutions Inc | 13.58 | 0.97 | 0.53 | 1.91% | $0.05 | $0.06 | 3.79% |
Dril-Quip Inc | 2038 | 0.80 | 1.79 | -0.8% | $0.01 | $0.03 | 33.02% |
Tetra Technologies Inc | 20.05 | 3.85 | 0.89 | 3.86% | $0.02 | $0.04 | 12.19% |
Newpark Resources Inc | 23.26 | 1.29 | 0.70 | 1.85% | $0.02 | $0.04 | -9.71% |
Average | 115.76 | 2.99 | 1.32 | 6.15% | $0.29 | $0.3 | 12.08% |
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.dividend-frequency { font-size: 12px; color: #6c757d; } When closely examining Baker Hughes, the following trends emerge:
Debt To Equity Ratio
The debt-to-equity (D/E) ratio helps evaluate the capital structure and financial leverage of a company.
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.
When assessing Baker Hughes against its top 4 peers using the Debt-to-Equity ratio, the following comparisons can be made:
Key Takeaways Baker Hughes has a low PE ratio, indicating that its stock price is relatively low compared to its earnings. The low PB ratio suggests that the company's stock is undervalued based on its book value. Similarly, the low PS ratio indicates that the stock is trading at a lower price compared to its sales. On the other hand, Baker Hughes has high ROE, EBITDA, gross profit, and revenue growth, indicating strong financial performance compared to its peers in the Energy Equipment & Services industry.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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