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Baker Hughes Co
Baker Hughes completed its acquisition of Chart Industries on July 16, 2026, and has filed this amendment to provide the required financial statements and pro forma financial information. As part of the acquisition, the company has classified Chart's IPSMR business as held for sale in accordance with regulatory requirements.…more
Baker Hughes Co
Baker Hughes updated its fiscal year 2026 financial guidance on September 9, 2026, to incorporate the recent acquisition of Chart Industries. The company aims to expand its footprint in energy infrastructure and industrial markets, targeting a 20% adjusted EBITDA margin by 2028 through operational synergies and integration.…more
Baker Hughes Co
Insider Amerino Gatti of Baker Hughes Co reported changes in beneficial ownership of securities as of September 3, 2026. This filing serves as a standard disclosure regarding executive stock holdings.…more
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Baker Hughes Signs Power Generation Framework Agreement with Venture Global…more
Baker Hughes has entered into a framework agreement to supply up to 16 power island units to support Venture Global's LNG operations and potential data center projects. As the agreement lacks specific financial terms and covers a long-term delivery schedule through 2034, it is viewed as a neutral expansion of business.…more
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Venture Global has entered into framework agreements with GE Vernova and Baker Hughes to secure power island units for its LNG business and future AI data center capacity. This initiative aims to expand the company's self-sufficient power grid without placing additional demand on public utilities.…more
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Baker Hughes has entered into strategic alliances and an MOU to develop natural gas and energy infrastructure in Venezuela. These agreements serve as a framework for future projects, which remain subject to definitive contracts and regulatory approvals.…more
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