Baker Hughes

Baker Hughes confirmed its Q1 and 2025 outlook, expecting a 20% rise in earnings for its oilfield services and technology units. It plans to return 60% to 80% of free cash flow to shareholders.

On February 24, 2025, Baker Hughes Co. (BKR) announced an executive change in a Form 8-K, while confirming its financial outlook from January 31, 2025.

Baker Hughes has appointed Ahmed Moghal as CFO, succeeding Nancy Buese, who will leave on April 30, 2025. Moghal's base salary is $750,000 with a 100% bonus target.