Subsea Pumps Market Size to Hit US$ 5.66 Billion by 2032, Owing to Rising Demand for Offshore Oil and Gas Exploration | Research by SNS Insider [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
Pune, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Subsea Pumps Industry Growth: “According to SNS Insider Research, The Subsea Pumps Market size was valued at USD 2.35 Billion in 2023 and is anticipated to grow to USD 5.66 Billion by 2032, displaying a compound annual growth rate (CAGR) of 10.26% during the forecast Period 2024 - 2032.” Subsea Pumps Market: Key Drivers and Technological Advancements Shaping Offshore Energy Operations The subsea pump market is an essential part of the offshore oil and gas industry, providing critical solutions for fluid transfer in deep-water and ultra-deep-water operations. Subsea pumps are designed to handle the complexities of high-pressure, corrosive environments typically found in offshore fields. These pumps facilitate oil and gas production by boosting pressure in subsea pipelines, which is crucial for maintaining consistent output from mature reservoirs. The market has witnessed a surge in demand as operators seek to maximize recovery from existin
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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