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Baker Hughes Company
80 articles mentioning Baker Hughes Company · Page 1 of 4
Baker Hughes Solid Y/Y Performance Amidst US Frac Market Slowdown
Baker Hughes reported a strong second quarter for 2025, with total company revenue rising to $7.1 billion, a 13% increase over the $6.3 billion reported in Q2 2024. Adjusted EBITDA climbed to $1.13 billion, up 25%...
Baker Hughes First Quarter 2022 Results
Baker Hughes reported its first quarter 2022 results. Lorenzo Simonelli, Baker Hughes chairman and chief executive officer, commented: “Our first quarter results reflect operating in a very volatile market environment during the first few months of...
Baker Hughes Fourth Quarter, Full Year 2021 Results
Baker Hughes announced results for the fourth quarter and total year 2021. Highlights: Orders of $6.7 billion for the quarter, up 24% sequentially and up 28% year-over-year Revenue of $5.5 billion for the quarter, up 8%...
Baker Hughes Third Quarter 2021 Results
Baker Hughes Co. announced results today for the third quarter of 2021. Highlights: Orders of $5.4 billion for the quarter, up 6% sequentially and up 5% year-over-year. Revenue of $5.1 billion for the quarter, down 1%...
Baker Hughes Second Quarter 2021 Results
Baker Hughes Co. announced results today for the second quarter of 2021. Lorenzo Simonelli, Baker Hughes chairman and chief executive officer, said: "We are pleased with our second quarter results as we continued to generate significant...
Baker Hughes First Quarter 2021 Results
Baker Hughes Co. announced results for the first quarter of 2021. Highlights: Orders of $4.5 billion for the quarter, down 12% sequentially and down 18% year-over-year. Revenue of $4.8 billion for the quarter, down 13% sequentially...
Baker Hughes Second Quarter 2020 Results
Baker Hughes Inc. announced results today for the second quarter of 2020. Highlights: Orders of $4.9 billion for the quarter, down 12% sequentially and down 25% year-over-year Revenue of $4.7 billion for the quarter, down 13%...
Several Companies Cut Workforce in Oklahoma as Activity Plummets
Several operators active in Oklahoma have cut their workforces based in the region as market instability brings MidCon activity to historic lows, according to letters filed with the Oklahoma Office of Workforce Development and multiple media...
Baker Hughes Reports Name Change
Baker Hughes, which was acquired by GE in October 2016, has officially changed its name from BHGE to Baker Hughes Company. The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class...
Halliburton, FTS, Schlumberger, Keane, Baker, ProPetro Talk What to Expect in 2H 2018
Barclays held its annual CEO Energy-Power Conference in New York City, September 4-6. Companies like Halliburton, Schlumberger, Baker Hughes, Keane Group and others participated. Here is what each company said regarding what to expect in the...
Baker Hughes' Order Activity Up 15% in Q2; Sees Minimal Revenue Growth
GE/Baker Hughes reported its Q2 2018 results. In June 2018, GE announced that it would be selling off its 62.5% stake in Baker Hughes - this comes less than a year after GE and Baker Hughes...
Less Than a Year After Sealing Merger, GE to Ditch Stake in Baker Hughes
General Electric (GE) has announced that it plans to divest its stake in Baker Hughes. This development comes a mere 11 months after the merger deal was closed (July 2017). GE holds a 62.5% stake in...
GE Baker Hughes Drills Record Lateral in Q1 at 20,000+ Feet; Talks Financials
GE-owned Baker Hughes has reported its Q1 2018 results. Highlights: - Revenue of $5.4 billion for the quarter, down 7% sequentially and up 1% year-over-year on a combined business basis Revenue for the quarter was $5,399...
Baker Hughes, GE Merger Deal Gets DOJ Approval
[Summary: Baker Hughes and General Electric reached an agreement with the department of justice that would allow parties to complete proposed transaction under U.S. law.] HOUSTON--(BUSINESS WIRE)--Jun. 12, 2017-- Baker Hughes Incorporated (NYSE:BHI) and General Electric...
Baker Hughes Underperforms in Q1 Despite Increased Activity
Baker Hughes announced today results for the first quarter of 2017.
Pine Brook-backed GR Energy Services Signs Agreement With Baker Hughes
Pine brook-backed GR Energy Services annouced an agreement with Baker Hughes to provide wireline services in Permian, and Haynesville/Cotton Valley
BJ Services, the Most Recent JV with PE Firm CSL, Will Most Likely Fail to Grow Market Share - Here's Why:
The last three years have seen a shakedown in frac service providers. A contracting completions market has made a more competitive environment, which has hit Baker Hughes' newly spun-off frac service company BJ Services hard. The...
Baker Hughes Revenue Down on Lower Rig Activity
Results for the fourth quarter and full year of 2016.
Baker Hughes' Q3 Losses Minimized by Increasing Onshore Activity
Baker Hughes' revenue for the quarter was $2.4 billion, a decrease of $55 million, or 2%, sequentially.
Rig Count: Canada Rigs Jump by +17; U.S. Gains +1
This week, rig counts continued their upward trend in North America.