Baker Hughes Raises 2026 Forecasts

Baker Hughes raised its full-year financial forecasts after completing its acquisition of Chart Industries. The company also reported optimism for a liquefied natural gas market recovery heading into 2027.

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The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren

Baker Hughes raised its full-year revenue and core profit forecasts on Wednesday following its $13.6 billion acquisition of Chart Industries. Shares of the United States oilfield services provider rose 3.2% in early trading. The upgraded outlook reflects immediate contributions from the industrial equipment deal finalized in July.

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