Baker Hughes Boosts Outlook on Chart Industries Acquisition

By Kelly Cloonan

Baker Hughes raised its guidance for the year, factoring in a boost from its acquisition of Chart Industries.

The oil-services company said Wednesday it now expects full-year revenue of $28.5 billion to $30.3 billion, up from the range it gave in July for $26.65 billion to $28.05 billion. The company now guides for adjusted earnings before interest, taxes, depreciation, and amortization of $4.88 billion to $5.48 billion for the year, up from a previous forecast for $4.6 billion to $5.1 billion.

The updated guidance includes estimates for Chart, which specializes in heat transfer and cryogenics for data centers and other industrial uses, beginning from when the deal closed on July 16. The guidance keeps the company's forecasts for its two key segments--oilfield services and equipment, and industrial and energy technology--unchanged.

The company expects Chart to bring in revenue of $1.85 billion to $2.25 billion this year and Ebitda of $300 million to $400 million.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

September 09, 2026 07:03 ET (11:03 GMT)