Baker Hughes' LNG equipment backlog hit record highs as global LNG buildout accelerates post-EU energy crisis. Industrial gas turbine demand from AI data centers creates new growth vector independent of upstream cycle. Middle East offshore production capacity expansion drives multi-year service revenue. Industrial & Energy Technology segment now over 50% of EBITDA.
Thesis reviewed May 29, 2026
Baker Hughes Company is headquartered in United States, which is currently showing moderate signals.
πΊπΈUnited States60NEUTRALView United States risk detail ββ‘Energy77REDUCE| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| WDS | Woodside Energy Group Ltd | 72 | +10% | β60% | WATCH |
| ECOPETROL | Ecopetrol S.A. | 72 | +7% | β60% | NEUTRAL |
| SHEL | Shell plc | 72 | +4% | β60% | NEUTRAL |
| BP | BP plc | 72 | -10% | β60% | AVOID |
| ENI | Eni SpA | 72 | +13% | β60% | WATCH |
| HAL | Halliburton Company | 72 | +16% | β60% | WATCH |
| PSX | Phillips 66 | 72 | +13% | β60% | WATCH |
Investors who hold BKR may also have indirect exposure through these country funds.
Baker Hughes wins $1.7B LNG turbine package from QatarEnergy
Data center gas turbine inquiries up 3x year-over-year
Estimates Β· Yahoo Finance Β· Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Gilbert CisnerosCA | D | Sell | $1kβ$15k | Jan 9, 26 | +5.1% |
| Gilbert CisnerosCA | D | Buy | $1kβ$15k | Dec 19, 25 | +34.2% |