Baker Hughes lifts FY26 adjusted EBITDA outlook to USD 5.18 billion midpoint after Chart deal closes

Reuters2026/09/09 10:22

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Baker Hughes outlined its strategy at the Barclays 40th Annual Energy-Power Conference, highlighting a $400 billion-plus total addressable market.
Updated FY'26 guidance: revenue USD 28.5 billion to USD 30.3 billion; adjusted EBITDA USD 4.88 billion to USD 5.48 billion.
Segment outlook: OFSE revenue USD 13.5 billion to USD 14.2 billion; IET revenue USD 13.15 billion to USD 13.85 billion.
Chart acquisition assumptions: contribution begins July 16, 2026; revenue USD 1.85 billion to USD 2.25 billion; EBITDA USD 300 million to USD 400 million.
Free cash flow conversion targeted at 40% to 45%; leverage target of 1.0x to 1.5x by 2H'28.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baker Hughes Company published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Baker Hughes lifts FY26 adjusted EBITDA outlook to USD 5.18 billion midpoint after Chart deal closes

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