How To Buy Baker Hughes Stock

You can buy Baker hughes shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Baker hughes shares with a broker like eToro or you can trade Baker hughes CFDs with XTB you can begin trading Baker hughes shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Baker hughes stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Trading212 Plus500 FXPrimus FP Markets
Rating
Used By 12,000,000+ 250,000+ 14,000,000+ 15,500+ 10,000+ 10,000+
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Scroll down to read our indepth article on How To Buy Baker Hughes Stock. What you should know, Types of trading Baker hughes Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Baker Hughes Stock Table of Contents

Baker hughes Financial Details

Financial Details

Baker hughes Stock symbol BKR
Baker hughes Sector and Industry Energy Oil, Gas & Coal
Baker hughes Exchange NYSE - New York Stock Exchange
52 Week High $28.65
52 Week Low $20.43
Baker hughes Market Capitalisation $#N/A
Baker hughes Average Volume 5,125,505.00
Baker hughes PE 107.64
Baker hughes EPS 0.21
Stock Currency USD

Overview of Baker hughes

Baker hughes is an American Energy Oil, Gas & Coal company currently traded on the NYSE which fully known as the New York Stock Exchange.

Baker hughes trades under the stock symbol BKR on the NYSE.

Baker hughes shares are exchanged in USD on the NYSE.

Baker hughes has a current share price of $21.73 USD dated 31/01/2020.

The highest Baker hughes share price over the last 52 weeks was $28.65 USD and its lowest price over the last 52 weeks was $20.43 USD. That is a 52 week price range of $20.43 - $28.65.

Baker hughes Trading Volume and PE

Baker hughes currently has 649,140,000.00 active shares in circulation traded through the NYSE exchange.

Baker hughes market capitalization is $#N/A with an average daily trading volume of 5,125,505.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Baker hughes has a Price Earning Ratio ( PE ) of 107.64 and earning per share ( EPS ) of 0.21. Generally speaking Baker hughes having a high P/E ratio means that Baker hughes investors forsee increased growth with Baker hughes in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Baker hughes earnings per share is Disney company profit that's allocated to every Baker hughes common stock. Earnings per share is calculated by taking the difference between Baker hughes's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Baker hughes shares outstanding.

Baker hughes Financial Charts

Financial Details

Baker hughes Information

Baker hughes Location & Contact Information

Address 17021 Aldine Westfield Road Houston, TX 77073 United States
Phone Number 1-713-439-8600
Website URL www.bakerhughes.com

Baker hughes Executives and Board Members

Chairman/President/CEO Lorenzo Simonelli
Chief Financial Officer Brian Worrell
Chief Human Resources Officer Harry Elsinga
Baker hughes Board Member Lorenzo Simonelli
Baker hughes Board Member W Geoffrey Beattie
Baker hughes Board Member Gregory D Brenneman

How To Buy Baker Hughes Stock Guide

Buying Baker hughes Stocks and CFDs

When investing in Baker hughes you have several options as to what type of investment you wish to conduct. You can buy traditional Baker hughes shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Baker hughes shares with stock brokers and trading Baker hughes with CFDs below.

Baker hughes CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Baker hughes stock.

If you buy Baker hughes shares with a stock broker you actually own a share of Baker hughes. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Baker hughes price will change up or down.

Lets explain why you would buy Baker hughes as a CFD instead of as a share.

If you went and brought 100 Baker hughes shares at $100 a share with a stock broker you own $1000 of Baker hughes.

The main difference when trading Baker hughes as a CFD and buying Baker hughes as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Baker hughes you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Baker hughes. Trading an Baker hughes CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Baker hughes CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Baker hughes share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Baker hughes CFD long would be hoping to profit from a rise in the Baker hughes share price. An Baker hughes CFD short would be aiming to profit from a fall in the Baker hughes stock price. Trading CFDs allows traders to profit from both directions of the Baker hughes price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Baker hughes shares you can only profit from a rise in the Baker hughes stock price.

Baker hughes CFD and Stock Market Times

When trading in traditional Baker hughes shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Baker hughes Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Baker hughes stock. This limits your risk to your initial amount invested in Baker hughes. You can only lose the amount invested with traditional Baker hughes shares. Another benefit of buying Baker hughes shares with a broker is that you may be eligible to receive Baker hughes company dividends if applicable.

If you Invest in Baker hughes via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Baker hughes. If you buy Baker hughes stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Baker hughes benefits as in owning a certain amount of stock for a set period.

If you own shares in Baker hughes you may be eligible to voting rights at Baker hughes shareholder general meetings.

Baker hughes Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Baker hughes Stocks and shares are only exempt from tax if the Baker hughes shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Baker hughes Stocks and Shares or Baker hughes CFDs?

There are pros and cons to trading in both Baker hughes Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Baker hughes stocks and shares is better suited for long term investments. Historically Baker hughes shares provide better returns over the long term, usually a 10 year period.

Baker hughes CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Baker hughes share investors aim to profit on the fluctuating highs and lows of the Baker hughes price throughout the day. Day trading as you can imagine focuses on profiting from the daily Baker hughes stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Baker hughes stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Baker hughes share price for example to a known amount.

Example Cost of Buying Baker hughes as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Baker hughes CFD trade example Baker hughes Share deal example
Market price $21.73 $21.73
Broker Deal Invest $4.346 at 1:5 Margin (20%) Buy at $21.73 a share
Deal size 100 shares 100 shares
Initial outlay

$434.6

(Margin = exposure x 20% margin factor)

$2173

(100 shares at $21.73)
Stamp duty No £20
Close price Sell at $26.076 Sell at $26.076
Estimated Profit

(4.346 point increase x 100 shares = $434.6)

*Not including commission fees and taxes

($2607.6 - $2173 = $434.6)

*Not including commission fees and taxes
Trade Baker hughes CFDs now with XTB Trade Baker hughes Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Baker hughes shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Baker hughes.