Craft

Baker Hughes

Stock Price

$36.8

2023-09-01

Market Capitalization

$37.4 B

2023-09-01

Revenue

$21.2 B

FY, 2022

Baker Hughes Summary

Company Summary

Overview
Baker Hughes is an energy technology company providing solutions for energy and industrial customers. It operates through two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). The OFSE segment offers Well Construction, drilling services, drill bits, drilling and completions fluids, wellbore construction, upper and lower completions, pressure pumping, and wireline services as well as electrical submersible pumping systems, oilfield and industrial chemicals, Subsea and Surface Pressure Systems, flexible pipe systems. The IET segment combines expertise, technologies, and services for industrial and energy customers including on-and offshore, pipeline and gas storage, refining, petrochemical, distributed gas, flow and process control. The company caters to nuclear, aviation, automotive, marine, food and beverage, mining, cement, and utility industries.
Type
Public
Status
Active
Founded
1987
HQ
Houston, TX, US | view all locations
Website
https://www.bakerhughes.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Lorenzo Simonelli

    Lorenzo Simonelli, Chairman and Chief Executive Officer

  • Regina Bynote Jones

    Regina Bynote Jones, Chief Legal Officer

  • Jeff Fleece

    Jeff Fleece, Chief Information Officer

  • Michele Fiorentino

    Michele Fiorentino, Chief Strategy and Investment Officer

Operating MetricsView all

Countries

120

Q2, 2023

Drilling Rigs

1.8K
9.3%

Q2, 2023

Order Volume

$7.5B
27.1%

Q2, 2023

LocationsView all

220 locations detected

  • Houston, TX HQ

    United States

    17021 Aldine Westfield Rd

  • Anchorage, AK

    United States

    795 E 94th Ave

  • Baton Rouge, LA

    United States

    11616 Industriplex Blvd

  • Big Spring, TX

    United States

    W Interstate 20

  • Billerica, MA

    United States

    1100 Technology Park Dr

  • Bloomfield, NM

    United States

    100 Montana

and 214 others

Baker Hughes Financials

Summary Financials

Revenue (Q2, 2023)
$6.3B
Gross profit (Q2, 2023)
$1.3B
Net income (Q2, 2023)
$414.0M
Cash (Q2, 2023)
$2.8B
EBIT (Q2, 2023)
$514.0M
Enterprise value
$41.3B

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