Baker Hughes: Best Picks And Shovels Play In The Energy Sector

The Global Investor2.09K FollowersFollow5ShareSavePlay(12min)CommentsSummaryBaker Hughes stands out among oilfield service peers due to its fast-growing Industrial & Energy Technology (IET) segment and strategic transformation.BKR's IET segment, driven by gas and industrial technology, grew revenues 74% from 2020–2025, offsetting cyclical oilfield weakness.The Chart Industries acquisition will nearly double BKR's non-oil and gas revenue exposure but increase leverage and balance sheet risk.Trading at 23x earnings, BKR remains undervalued relative to its evolving business mix and is well-positioned for secular gas and power demand growth. JHVEPhoto/iStock Editorial via Getty Images The Annual Meeting of Baker Hughes Company (BKR), not to be confused with the Annual General Meeting, brings together industry experts and policymakers, Baker Hughes suppliers, and customers in Florence, Italy, at the end of January each year. ThisThis article was written byThe Global Investor2.09K FollowersFollowEnergy & InfrastructureAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BKR, SLB over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.