Baker Hughes Earnings Conference Call Q3 2013 18 October 2013 8:00 am EDT 2013 BAKER HUGHES INCORPORATED. ALL RIGHTS RESERVED. TERMS AND CONDITIONS OF USE: BY ACCEPTING THIS DOCUMENT, THE RECIPIENT AGREES THAT THE DOCUMENT…
Q3 2013 Earnings Conference Call Introduction Trey Clark Vice President, Investor Relations Peter Ragauss Financial Performance Senior Vice President and Chief Financial Officer Martin Craighead Business Outlook Chairman and…
Q3 Summary Record revenue of 5.8 billion Solid growth in US, Middle East, Asia Pacific, Africa, Russia Caspian and Industrial segment Continued improvements in U.S. Pressure Pumping Actions taken in Latin America improved…
Financial Performance Peter Ragauss Senior Vice President and Chief Financial Officer 5 2013 Baker Hughes Incorporated. All Rights Reserved.
Q3 2013 Financial Highlights Adjusted Net Income1 358 million 0.81 per share Attributable to Baker Hughes Severance Charges2 17 million 0.04 per share Net Income (GAAP) 341 million 0.77 per share Attributable to Baker…
7 - 0.20 0.40 0.60 0.80 1.00 GAAP Q2 13 0.54 Bad Debt / Inventory 0.07 Charges - Q2 2013 Baker Hughes Incorporated. All Rights Reserved. North America Operations 0.10 Eastern Hemisphere Operations 0.10…
North America Q3 Results Operating Operating Revenue PBT1 PBT Margin1 2.9 billion 295 million 10.3% Up 6.6% Up 84 million Up 245 bps sequentially sequentially sequentially Seasonal recovery in Canada impacted by flooding…
International Q3 Results Operating Operating Revenue PBT1 PBT Margin1 2.6 billion 364 million2 14.0%2 2,3 2,3 Up 4.5% Up 96 million Up 320 bps sequentially sequentially sequentially Record revenue and profit in Eastern…
Industrial Services Q3 Results Operating Operating Revenue PBT1 PBT Margin1 328 million 38 million 11.6% Up 4% Down 1 million Down 70 bps sequentially sequentially sequentially Revenue growth in downstream chemicals 1…
Balance Sheet Cash 1.4 billion Up 245 million Total Debt 4.6 billion Down 334 million Total Debt-to-Capital Ratio 20.3% Capital Expenditures for Q3 2013 511 million 11 2013 Baker Hughes Incorporated. All Rights…
Guidance and Assumptions Baker Hughes FY 2013 Rig & Well Count United States Rig Count Average of 1,750 Down 9% Canada Rig Count Average of 360 Down 2% International Rig Count Average of 1,300 Up 5%1 US Well Count 35,700 Down 3%…
Business Outlook Martin Craighead Chairman and Chief Executive Officer 13 2013 Baker Hughes Incorporated. All Rights Reserved.
International Highlights Our highest rig assignment in Russia Caspian Drilling and Wireline Services grow in Asia Pacific Secured Petronas Carigali services contract, D18 Offshore Malaysia Profitable growth in North and East…
North America Highlights Rhino BiFuel fleet performs first series of line gas operations H2prO water management service treats 5 million barrels of water in a single month Drilled the deepest well in the history of the Gulf of…
Advancing Reservoir Performance StayCool multidimensional cutters provide next step in drilling efficiency FASTrak LWD technology helping reduce uncertainty in complex reservoirs Newly introduced ProductionWave is tailored to…
17 2013 Baker Hughes Incorporated. All Rights Reserved.