Table of Contents
⚠ Disclaimer: This entry may be incomplete, out of date, or inaccurate. It is AI-maintained on a best-effort basis. Do not rely on it as a sole source — verify claims independently using the sources listed below.
Summary
Baker Hughes supplies gas turbines and compression equipment, the compressor-station layer that management at pipeline operators cited as a lead-time constraint. Per Turbomachinery Magazine’s summary of its Q2 2026 results, Industrial & Energy Technology (IET) orders were $7.1B (book-to-bill 2.2) with remaining performance obligations at an all-time high of $37.1B; Gas Technology Equipment orders were $4.913B, up more than fivefold. Most named compression awards are LNG-related (Venture Global, Cheniere/Bechtel’s Sabine Pass Train 7, Golar) or Middle East. Power and data center awards include 76 NovaLT16 gas turbines (about 1.3 GW) for Dynamis Power Solutions and an initial 1 GW award from Kodiak Gas Services with a path to 1.8 GW (Turbomachinery Magazine). The article names no pipeline compressor-station order and no Baker Hughes executives.
Key Facts
- Status: active
- Type: Public (NYSE: BKR); value-chain position: turbomachinery manufacturer (input supplier)
- Q2 2026 consolidated: revenue $6.742B; adjusted EBITDA $1.231B; free cash flow $1.109B
- IET: EBITDA $678M (20.6% margin); 2026-2028 IET orders outlook above $45B
- Chart Industries: acquisition completed July 2026 (all-cash)
What It Is / How It Works
Gas turbines and compressors drive pipeline compressor stations and, in smaller units, on-site power for data centers and oilfield loads. Order growth there reads across to behind-the-meter generation (see Behind-the-Meter Power) and to pipeline expansions that need added compression.
Notable Developments
- 2026-07-28: Q2 results: IET backlog record; Kodiak and Dynamis awards. (Turbomachinery Magazine)
Key People
Not named in the source reviewed.
⚑ Overlaps: none identified; prior-employer histories were not researched. LinkedIn: not found.
People — Last Reviewed: 2026-10-21
Supply Chain Position
Upstream of pipeline operators and BTM developers; peers Caterpillar/Solar Turbines, Siemens Energy and GE Vernova are in the Behind-the-Meter section.
Claim Verification
Claim: Baker Hughes equipment is being ordered for data center and gas infrastructure power
Status: Partially verified
Supporting sources: Turbomachinery Magazine — Dynamis, Kodiak and LNG awards
Refuting / questioning sources: None found
Summary: Orders are reported; pipeline compressor-station awards are not named, and end-user data center deployment is not confirmed.