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Baker Hughes (BKR) guidance and outlook

Baker Hughes' 10-Q filed Oct 28, 2026 makes 14 forward-looking statements, 4 of them new and 2 no longer said since the filing before.

Guidance and outlook

Forward-looking statements, 10-Q filed Oct 28, 2026

• new · As the dynamic geopolitical environment continues to create uncertainty, we expect to see a decline in upstream spending in the Middle East this year, partially offset by increased spending elsewhere, absent downside pressure on oil prices.
• We also expect a continued increase in operating expenditure-driven investment as operators focus on optimizing recovery and extending the life of producing assets.
• Our business is exposed to a number of macro factors, which influence our outlook and expectations given the current macroeconomic uncertainty and continued volatile conditions in the industry.
• All of our outlook expectations are purely based on the market as we see it today and are subject to changing conditions in the industry.
• new · • OFSE outlook: We expect to see a modest improvement in global upstream spending through the remainder of the year, with conditions improving as we move into 2027, absent a material decline in oil prices or an increase in geopolitical tensions.
• • IET outlook: We see sustained strength in LNG and gas infrastructure, as well as increasing opportunities to leverage our versatile portfolio to enhance IET's position across industrial and distributed power markets, with a growing emphasis on data centers.
• new · • Chart outlook: We see continued strength in LNG and industrial gases, while viewing the space and data center industries as significant growth opportunities for our diverse portfolio .
• We also expect to see continued growth in new energy solutions specifically focused around reducing carbon emissions for the energy and broader industrial sectors.
• Over time, we believe global energy demand will continue to rise, supported by durable, secular macroeconomic trends, with hydrocarbons continuing to play a fundamental role in meeting the world's energy needs.
• new · Emissions associated with Chart will be included beginning with our 2027 Corporate Sustainability Report.
• This spending is driven by a number of factors, including our customers' forecasts of future energy demand and supply, their access to resources to develop and produce oil and natural gas, their ability to fund their capital programs, the impact of new government regulations, and their expectations for oil and natural gas prices as a key driver of their cash flows.
• updated · Based on current market conditions, capital expenditures in 2026 are expected to be made at a rate that we

Baker Hughes' latest quarter

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What does Baker Hughes expect?

As the dynamic geopolitical environment continues to create uncertainty, we expect to see a decline in upstream spending in the Middle East this year, partially offset by increased spending elsewhere, absent downside pressure on oil prices. • OFSE outlook: We expect to see a modest improvement in global upstream spending through the remainder of the year, with conditions improving as we move into 2027, absent a material decline in oil prices or an increase in geopolitical tensions. • Chart outlook: We see continued strength in LNG and industrial gases, while viewing the space and data center i

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.