Baker Hughes, a GE company (BHGE) is an international industrial and oil field service company. The Company is a supplier of oilfield services, products, technology and systems used in the oil and natural gas industry around the world. It also provides products and services for other businesses, including downstream chemicals, and process and pipeline services.
Type
Public
Parent Company
General Electric
HQ
Houston, US
Founded
1987
Size (employees)
65,000 (est)+104%
Website
bhge.com
Baker Hughes was founded in 1987 and is headquartered in Houston, US
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Key People/Management at Baker Hughes

Martin Craighead

Martin Craighead

Chairman and Chief Executive Officer
Richard Williams

Richard Williams

Senior Advisor, Executive Leadership Team
Art Soucy

Art Soucy

President, Products and Technology
William Marsh

William Marsh

Chief Legal Officer
Derek Mathieson

Derek Mathieson

Chief Marketing and Technology Officer
Belgacem Chariag

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
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

22.4 b24.6 b15.7 b9.8 b

Revenue growth, %

10%(36%)(37%)

Cost of goods sold

5.9 b6.3 b4.9 b3.7 b

Gross profit

16.4 b18.3 b10.9 b6.1 b
Quarterly
USDQ2, 2017Q3, 2017

Revenue

2.4 b5.4 b

Cost of goods sold

893 m2.6 b

Gross profit

1.5 b2.8 b

Gross profit Margin, %

63%52%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.4 b1.7 b2.3 b4.6 b

Accounts Receivable

Inventories

Current Assets

11.3 b12 b9.3 b9.2 b
Quarterly
USDQ2, 2017Q3, 2017

Cash

4.1 b4.8 b

Inventories

2 b5.3 b

Current Assets

9.1 b16.7 b

Goodwill

4.1 b20.1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.1 b1.7 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
USDQ3, 2017

Net Income

(163 m)

Depreciation and Amortization

716 m

Inventories

162 m

Accounts Payable

98 m
USDY, 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

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…

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 …

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…

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.

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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