Baker Hughes stock week: IET orders strengthen the outlook

Published on 10/31/2026 at 10:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Baker Hughes stock enters the week with stronger order visibility and a broader industrial portfolio. The Chart acquisition adds new technology capabilities.

Orders and portfolio broaden growth visibility

Baker Hughes reported stronger demand across data centers, LNG, gas infrastructure and industrial markets.
The completed Chart acquisition expands cryogenic, thermal-management and industrial-gas capabilities.
Higher backlog visibility supports the company outlook, while integration and leverage remain key investor considerations.

Baker Hughes Co., US05722G1004, Illustration mit AI erstellt.

Baker Hughes reported a stronger third quarter on October 27, with broad demand across energy and industrial markets. The company's third-quarter results release showed rising revenue and a record IET remaining-performance-obligation balance.

Orders strengthen the forward view

Revenue reached USD 8.025 billion in the quarter ended September 30, 2026, up 14 percent from a year earlier. Total orders rose 31 percent to USD 10.764 billion, while Industrial and Energy Technology orders increased 42 percent year over year to USD 5.886 billion.

IET's remaining performance obligations reached a record USD 39.4 billion. Baker Hughes cited demand from data centers, space, LNG and gas infrastructure, and raised its full-year IET order guidance. The company also lifted its Horizon 2 outlook for 2026 through 2028 to more than USD 50 billion in IET orders.

Chart expands the industrial portfolio

The quarter included the first reported contribution from Chart Industries after Baker Hughes completed the all-cash acquisition on July 16. Chart generated USD 888 million in revenue and USD 831 million in orders during the period covered by the release, adding cryogenic, thermal-management and industrial-gas capabilities to the group.

The acquisition also changed the financial profile. Long-term debt stood at USD 17.476 billion at September 30, compared with USD 5.398 billion at the end of 2025. Management said integration actions were progressing, but investors will continue to watch the conversion of the enlarged backlog into revenue and cash flow.

Current trading and investor focus

Baker Hughes stock traded at 49.61 euros on Lang & Schwarz at 10:21 CET on Saturday, October 31, 2026. The real-time quote of Baker Hughes stock provides the latest trading view.