$100,000 of BAKER HUGHES COMPANY lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Issues related to LNG; Issues related to energy technologies and services; Issues related to carbon capture and utilization; Issues related to hydrogen; Issues related to geothermal; Issues related to permitting; Issues related to composite pipes; H.R.7176, Unlocking our Domestic LNG Potential Act of 2024; S.3829, LNG Security Act; H.R. 6510 Hydrogen Safety and Environmental Responsibility Act; H.R. 6494, Promoting Innovation in Pipeline Efficiency and Safety (PIPES) Act of 2023; S. 4753 - Energy Permitting Reform Act of 2024. Issues related to sanctions; Issues related to tariffs. Issues related to corporate and international tax; Issues related to the Section 45Q tax credit; S. 866, American Innovation and Jobs Act; H.R. 2673, American Innovation and R&D Competitiveness Act of 2023; S. 542/H.R. 1262 Captured Carbon Utilization Parity Act; H.R. 7024, Tax Relief for American Families and Workers Act of 2024. Issues related to Ukraine."
You can find more data on corporate lobbying on Quiver Quantitative.
BKR Insider Trading Activity
BKR insiders have traded $BKR stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $BKR stock by insiders over the last 6 months:
- LORENZO SIMONELLI (Chairman, President and CEO) has made 0 purchases and 2 sales selling 228,572 shares for an estimated $8,405,735.
- NANCY BUESE (EVP & Chief Financial Officer) has made 0 purchases and 5 sales selling 25,000 shares for an estimated $968,010.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
BKR Hedge Fund Activity
We have seen 393 institutional investors add shares of BKR stock to their portfolio, and 334 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 17,407,246 shares (+31.6%) to their portfolio in Q3 2024, for an estimated $629,271,942
- PRICE T ROWE ASSOCIATES INC /MD/ removed 6,728,160 shares (-31.8%) from their portfolio in Q3 2024, for an estimated $243,222,984
- CAPITAL WORLD INVESTORS removed 5,110,117 shares (-13.6%) from their portfolio in Q3 2024, for an estimated $184,730,729
- MILLENNIUM MANAGEMENT LLC removed 2,999,169 shares (-69.3%) from their portfolio in Q3 2024, for an estimated $108,419,959
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 2,811,940 shares (+34.7%) to their portfolio in Q3 2024, for an estimated $101,651,631
- BLACKROCK, INC. removed 2,809,092 shares (-2.8%) from their portfolio in Q3 2024, for an estimated $101,548,675
- BARCLAYS PLC removed 2,778,607 shares (-43.2%) from their portfolio in Q3 2024, for an estimated $100,446,643
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
