Baker Hughes Expands in Namibia With New Oil & Gas Facilities [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
These include the country's largest liquid mud plant by volume and capacity, a cement bulk facility and an integrated multi-modal facility. The company aims to support Namibia's growing energy sector and create local opportunities. The new infrastructure is designed to provide critical support for offshore oil and gas operations. The liquid mud plant, with a capacity of 15,000 barrels of drilling and completion fluids, ensures customized solutions for customer needs. Meanwhile, the multi-modal facility includes advanced testing and maintenance equipment to assist subsea operations. Strategically positioned at Walvis Bay Port, these facilities enable a local and consistent supply of materials close to offshore fields, enhancing efficiency for energy companies operating in Namibia. Baker Hughes has made significant strides in local workforce development, employing trained Namibian workers and offering advanced training to personnel from NAMCOR and the Ministry of Mines and Energy.
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News
- SLB Stock Plummets 30% YTD: Should You Hold or Exit the Investment? [Yahoo! Finance]Yahoo! Finance
- Baker Hughes (NASDAQ: BKR) is now covered by analysts at Piper Sandler. They set an "overweight" rating and a $53.00 price target on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Barclays PLC from $46.00 to $52.00. They now have an "overweight" rating on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Bank of America Co. from $42.00 to $48.00. They now have a "buy" rating on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Wells Fargo & Company from $42.00 to $49.00. They now have an "overweight" rating on the stock.MarketBeat
BKR
Earnings
- 10/22/24 - Beat
BKR
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- BKR's page on the SEC website