Top 15 Energy Companies With the Highest Upside Potential

8. Baker Hughes Company (NASDAQ:BKR)

Upside Potential as of April 28: 39.37%

Baker Hughes Company (NASDAQ:BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide

Baker Hughes Company (NASDAQ:BKR) reported its Q1 2025 results last week, posting an adjusted EPS of $0.51 and beating estimates by $0.04. The company’s revenue of $6.43 billion, however, slightly missed expectations by $74.62 million. BKR recorded orders of $6.5 billion during the quarter, including $3.2 billion of IET orders. Moreover, the firm’s cash flow from operating activities stood at $709 million, while it generated $454 million in free cash flow during Q1. Baker Hughes returned a hefty $417 million of this to its shareholders, including $188 million of share repurchases. The company reiterated its commitment to return 60% to 80% of free cash flow to shareholders.

Baker Hughes Company (NASDAQ:BKR) projects $27.75 billion in total revenue in FY 2025, driven by growth in LNG and gas infrastructure. The company intends to take full advantage of the American LNG boom and has now booked around $1.7 billion of orders for US LNG projects over the past two quarters. That said, BKR has flagged a potential impact on its annual core profit of between $100 million and $200 million due to the ongoing tariff war.