With a market cap of $55.3 billion, Baker Hughes Company (BKR) is a global energy technology firm that provides a broad portfolio of products and services across the oil, gas, and industrial value chains. Operating through its Oilfield Services & Equipment and Industrial & Energy Technology segments, the company supports customers from upstream to downstream with advanced equipment, digital solutions, and lifecycle services.
Shares of the Houston, Texas-based company have outperformed the broader market over the past 52 weeks. BKR stock has increased 22.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15.4%. Moreover, shares of the company are up 27.4% on a YTD basis, compared to SPX's 1.1% gain.
