Why These Energy Stocks Are Losing This Week

6. Baker Hughes Company (NASDAQ:BKR)

Share Price Decline Between Apr. 22 and Apr. 29: 6.36%

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 mixed results for its Q1 2025 last week, posting an adjusted EPS of $0.51 and topping expectations by $0.04. However, the company’s revenue of $6.43 billion slightly fell below estimates by $74.62 million. Moreover,  BKR has flagged a potential impact on its annual core profit of between $100 million and $200 million due to the ongoing tariff war.

That said, Baker Hughes Company (NASDAQ:BKR) generated $454 million in free cash flow during Q1 and returned a hefty $417 million of this to its shareholders, including $188 million of share repurchases.