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 elevated risk signals.
πΊπΈUnited States78REDUCEView United States risk detail ββ‘Energy78REDUCE| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| WDS | Woodside Energy Group Ltd | 73 | +10% | β79% | WATCH |
| SU | Suncor Energy Inc. | 73 | +14% | β79% | WATCH |
| CVE | Cenovus Energy Inc. | 73 | +17% | β79% | WATCH |
| PTR | PetroChina Company Limited | 73 | +8% | β79% | NEUTRAL |
| SNP | China Petroleum & Chemical Corporation (Sinopec) | 73 | +8% | β79% | NEUTRAL |
| TTE | TotalEnergies SE | 73 | +10% | β79% | WATCH |
| FTI | TechnipFMC plc | 73 | +20% | β79% | 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% |