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BKR Issues $9.5B+ Debt for Chart Industries Acquisition → +15.1% YTD at $54.26, Stifel Buy

Baker Hughes successfully issued $6.5 billion USD and EUR 3 billion in senior unsecured notes on March 11, 2026, to fund its proposed acquisition of Chart Industries, a major strategic move to expand its industrial energy technology segment targeting $13.5-15.5 billion in IET orders for 2026. The stock trades at $54.26, up 15.1% year-to-date, with FY2026 guidance of $27.25 billion revenue and $4.85 billion adjusted EBITDA, while Stifel Nicolaus maintained its Buy rating on March 3, 2026. Risks include integration complexity and elevated leverage from the large debt-funded Chart Industries acquisition, with shares pulling back 11.4% over the past month ahead of the next earnings release scheduled for April 22, 2026.