Energy Stocks Recover from Decline: Which Charts Show the Most Promise?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2026
0mins
Source: Barron's
- Energy Sector Performance: The energy sector has underperformed over the past year, ranking ninth out of eleven major sectors.
- State Street ETF Ranking: The State Street Energy Select Sector ETF reflects this lagging performance within the broader market context.
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Analyst Views on BKR
Wall Street analysts forecast BKR stock price to fall
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 63.490
Low
52.00
Averages
61.54
High
67.00
Current: 63.490
Low
52.00
Averages
61.54
High
67.00
About BKR
Baker Hughes Company is an energy technology company that provides solutions to energy and industrial customers worldwide. The Company's segments include Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development, to production, rejuvenation, and decommissioning. OFSE segment is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea. IET segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry including oil and gas, liquefied natural gas operations, downstream refining, and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors. IET segment also provides equipment, software, and services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Funding Size: The company plans to raise $231 million by selling 10.5 million shares at a price range of $19 to $22 each, which will secure necessary capital for business expansion and technological innovation.
- Market Context: Formed by the merger of Baker Hughes and Akastor's offshore drilling equipment units in 2021, HMH seeks to capitalize on the current oil price surge to advance its public listing process.
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- Impact of Crude Prices: Oil drillers and energy stocks have seen significant gains this year due to rising crude prices.
- Geopolitical Factors: The surge in crude prices is attributed to the ongoing war in Iran and concerns over supply constraints.
See More
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- Need for Political Reform: Machado's opposition movement seeks a transition to democracy and a market economy; however, industry leaders like ConocoPhillips and Exxon Mobil have made it clear they will only consider returning after significant political reforms are implemented to protect private sector investments, reflecting dissatisfaction with the current situation.
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- Policy Durability Challenges: Lance noted that attracting the billions needed for investment requires not only guarantees of physical security and contracts but also policy durability from both Venezuela and the U.S., indicating international investors' concerns about potential political shifts that could affect investment decisions.
See More
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- Market Movement: The S&P 500 Index is down 0.16%, while the Dow Jones Industrial Average is up 0.13%, and the Nasdaq 100 Index has decreased by 0.50%, reflecting investor concerns over the ongoing Iran conflict, which is dampening market sentiment.
- Rising Energy Prices: WTI crude oil prices have surged over 4% due to Iran's missile strikes on Israel and US bases, which not only limits stock market declines but also raises inflation expectations, potentially influencing future monetary policy decisions.
- Economic Data Performance: The US Q4 nonfarm productivity remained unchanged at 1.8%, while unit labor costs were revised up to 4.4% from 2.8%, exceeding market expectations, indicating economic resilience that may support the stock market.
- International Tensions Impact: Saudi Arabia and the UAE have taken steps toward joining the Iran war, potentially escalating the conflict, which increases market concerns about future geopolitical risks and drives investors towards safer assets.
See More
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- IPO Valuation Target: HMH Holding aims for a valuation of up to $948 million in its U.S. IPO, leveraging soaring oil prices to boost investor sentiment, which is expected to provide substantial funding support for future growth.
- Funding Size: The company plans to raise $231 million by selling 10.5 million shares at a price range of $19 to $22 each, which will secure necessary capital for business expansion and technological innovation.
- Market Context: Formed by the merger of Baker Hughes and Akastor's offshore drilling equipment units in 2021, HMH seeks to capitalize on the current oil price surge to advance its public listing process.
- Historical Progress: Although HMH filed for an IPO in August 2024, it only decided to move forward with the listing now due to changing market conditions, demonstrating the company's keen awareness of market timing.
See More
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Strategic Collaboration Announcement: Energy and Baker Hughes have announced a strategic collaboration aimed at advancing geothermal development in New Mexico.
Focus on Geothermal Development: The partnership will focus on enhancing geothermal energy technologies and projects to promote sustainable energy solutions in the region.
See More
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Project Overview: Companies are collaborating to advance XGS's planned 150-megawatt geothermal project in New Mexico.
Geothermal Energy Focus: The initiative aims to harness geothermal energy, contributing to sustainable energy solutions in the region.
See More
HMH Holding IPO: Enery to Launch Public Offering Amid Rising Oil Prices
- Impact of Crude Prices: Oil drillers and energy stocks have seen significant gains this year due to rising crude prices.
- Geopolitical Factors: The surge in crude prices is attributed to the ongoing war in Iran and concerns over supply constraints.
See More
Venezuelan Opposition Leader Calls for Investment
- Investment Hesitation: Venezuelan opposition leader María Corina Machado will address the S&P Global CERAWeek in Houston, yet the oil and gas industry remains hesitant to invest in the country despite the U.S. ousting former President Maduro, indicating deep concerns over political stability.
- Need for Political Reform: Machado's opposition movement seeks a transition to democracy and a market economy; however, industry leaders like ConocoPhillips and Exxon Mobil have made it clear they will only consider returning after significant political reforms are implemented to protect private sector investments, reflecting dissatisfaction with the current situation.
- Asset Compensation Issues: ConocoPhillips CEO Ryan Lance highlighted that the company lost $12 billion due to asset seizures by the Chávez government in 2007, emphasizing that they will not invest without a mechanism for compensation recovery, underscoring a lack of confidence in the investment environment.
- Policy Durability Challenges: Lance noted that attracting the billions needed for investment requires not only guarantees of physical security and contracts but also policy durability from both Venezuela and the U.S., indicating international investors' concerns about potential political shifts that could affect investment decisions.
See More
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- Market Movement: The S&P 500 Index is down 0.16%, while the Dow Jones Industrial Average is up 0.13%, and the Nasdaq 100 Index has decreased by 0.50%, reflecting investor concerns over the ongoing Iran conflict, which is dampening market sentiment.
- Rising Energy Prices: WTI crude oil prices have surged over 4% due to Iran's missile strikes on Israel and US bases, which not only limits stock market declines but also raises inflation expectations, potentially influencing future monetary policy decisions.
- Economic Data Performance: The US Q4 nonfarm productivity remained unchanged at 1.8%, while unit labor costs were revised up to 4.4% from 2.8%, exceeding market expectations, indicating economic resilience that may support the stock market.
- International Tensions Impact: Saudi Arabia and the UAE have taken steps toward joining the Iran war, potentially escalating the conflict, which increases market concerns about future geopolitical risks and drives investors towards safer assets.
See More
