Baker Hughes agrees power framework: what it means for Baker Hughes stock
Published on 10/17/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPower generation framework announced
- Baker Hughes announced the power framework on October 15, 2026, covering up to 16 power islands.
- Baker Hughes stock last traded at EUR 49.62 at Lang & Schwarz on October 16, 2026.
- The next Xetra session is scheduled for October 19, 2026.
On October 15, 2026, Baker Hughes announced a Power Frame Agreement with Venture Global and GE Vernova covering the supply of equipment and services for up to 16 power island units. The announcement was published by Baker Hughes. Baker Hughes stock last traded at EUR 49.62 at Lang & Schwarz on October 16, 2026.
Market context: Market report Nasdaq Composite.
The week in figures
The last quoted price for Baker Hughes was EUR 49.62 at Lang & Schwarz on October 16, 2026. The company’s primary listing is Nasdaq under the ticker BKR, according to the Baker Hughes announcement.
The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Baker Hughes stock.
Chronology of the week
On October 15, 2026, Baker Hughes said the agreement would support Venture Global’s LNG production and liquefaction operations, as well as potential future data center development projects in the United States. Baker Hughes will provide gas turbines, steam turbines, controls and electrical integration technology for the units. These details are stated in the company’s release.
Deliveries under the framework are scheduled from 2028 through 2034. Venture Global expects to place the first power island purchase order by the end of 2026, with additional orders anticipated beginning in 2027, the company said in the announcement.
Dates of the coming week
The next Xetra session is October 19, 2026. Baker Hughes’ third-quarter results are scheduled for October 27, 2026, according to the company topic page.
