Baker Hughes
Type
Public
Parent Company
General ElectricHQ
Houston, US
Founded
1987
Size (employees)
65,000 (est)+104%
Website
bhge.comBaker Hughes was founded in 1987 and is headquartered in Houston, US
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Key People/Management at Baker Hughes
Martin Craighead
Chairman and Chief Executive Officer
Richard Williams
Senior Advisor, Executive Leadership Team
Art Soucy
President, Products and Technology
William Marsh
Chief Legal Officer
Derek Mathieson
Chief Marketing and Technology Officer
Belgacem Chariag
Chief Global Operations Officer
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Baker Hughes Office Locations
Baker Hughes has offices in Beijing, Dubai, Kuala Lumpur, Boston and in 12 other locations
Houston, US (HQ)
17021 Aldine Westfield Rd
Boston, US
33-41 Farnsworth Street
Denver, US
717 17th St, Suite 2000
Cairo, EG
Ain El Sokhna Rd
Moscow, RU
Leningradsky Prsp 31a Build 1
Dhahran, SA
University Blvd
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Baker Hughes Financials and Metrics
Baker Hughes Financials
Baker Hughes's revenue was reported to be $9.84 b in FY, 2016 which is a 37.5% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2017) | 5.4 b |
Gross profit (Q3, 2017) | 2.8 b |
Gross profit margin (Q3, 2017), % | 51.8% |
Net income (Q3, 2017) | (276 m) |
EBIT (Q3, 2017) | (122 m) |
Market capitalization (3-Jul-2017) | 24.5 b |
Closing share price (3-Jul-2017) | 54.5 |
Cash (30-Sep-2017) | 4.8 b |
EV | 22.8 b |
Baker Hughes's current market capitalization is $24.5 b.
Annual
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 22.4 b | 24.6 b | 15.7 b | 9.8 b |
Revenue growth, % | 10% | (36%) | (37%) | |
Cost of goods sold | 5.9 b | 6.3 b | 4.9 b | 3.7 b |
Gross profit | 16.4 b | 18.3 b | 10.9 b | 6.1 b |
Quarterly
| USD | Q2, 2017 | Q3, 2017 |
|---|---|---|
Revenue | 2.4 b | 5.4 b |
Cost of goods sold | 893 m | 2.6 b |
Gross profit | 1.5 b | 2.8 b |
Gross profit Margin, % | 63% | 52% |
Annual
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 1.4 b | 1.7 b | 2.3 b | 4.6 b |
Accounts Receivable | ||||
Inventories | ||||
Current Assets | 11.3 b | 12 b | 9.3 b | 9.2 b |
Quarterly
| USD | Q2, 2017 | Q3, 2017 |
|---|---|---|
Cash | 4.1 b | 4.8 b |
Inventories | 2 b | 5.3 b |
Current Assets | 9.1 b | 16.7 b |
Goodwill | 4.1 b | 20.1 b |
Annual
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 1.1 b | 1.7 b | (2 b) | (2.7 b) |
Inventories | (120 m) | 293 m | ||
Accounts Payable | 845 m | (360 m) | ||
Purchases of PP&E | (620 m) | (698 m) |
Quarterly
| USD | Q3, 2017 |
|---|---|
Net Income | (163 m) |
Depreciation and Amortization | 716 m |
Inventories | 162 m |
Accounts Payable | 98 m |
| USD | Y, 2017 |
|---|---|
EV/EBIT | -186.9 x |
Revenue/Employee | 82.7 k |
Financial Leverage | 1.4 x |
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Baker Hughes News and Updates
April 20, 2018
UPDATE 1-U.S. drillers add oil rigs for third consecutive week -Baker Hughes
(Adds Permian rigs)
By Scott DiSavino
April 20 (Reuters) - U.S. energy companies added oil rigs
for a third week in a row as energy firms follow through on
plans to spend more on drilling this year with crude prices near
three-year highs.
Drillers added five oil rigs in the week to April…
April 20, 2018
U.S. drillers add oil rigs for third consecutive week -Baker Hughes
By Scott DiSavino
April 20 (Reuters) - U.S. energy companies added oil rigs
for a third week in a row as energy firms follow through on
plans to spend more on drilling this year with crude prices near
three-year highs.
Drillers added five oil rigs in the week to April 20,
bringing the total …
April 13, 2018
UPDATE 1-U.S. drillers add oil rigs for second consecutive week -Baker Hughes
(Adds Permian rigs)
April 13 (Reuters) - U.S. energy companies added oil rigs
for a second week in a row, following through on plans to spend
more on drilling this year with crude prices at three-year
highs, energy services firm Baker Hughes said on Friday.
Drillers added seven oil rigs in t…
April 06, 2018
U.S. drillers add oil rigs for the third week in four -Baker Hughes
April 6 (Reuters) - U.S. energy companies added oil rigs for
the third time in four weeks as crude prices drifted from a
three-year high hit earlier this year amid concerns of a trade
war between U.S. and China.
April 05, 2018
BRIEF-Superior Drilling Products Announces New Agreement With Baker Hughes Oilfield Operations
* SUPERIOR DRILLING PRODUCTS, INC. ANNOUNCES NEW AGREEMENT
WITH
BAKER HUGHES OILFIELD OPERATIONS
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