Craft

Baker Hughes

Stock Price

$32

2024-06-18

Market Capitalization

$32 B

2024-06-18

Revenue

$25.5 B

FY, 2023

Baker Hughes Summary

Company Summary

Overview
Baker Hughes is a company that designs and manufactures energy technology products. It operates through two main segments: oilfield services and equipment (OFSE) and industrial and energy technology (IET). The OFSE segment offers products and services for onshore and offshore oilfield operations. The IET segment provides technologies and services for industrial and energy customers. The company caters to the food and beverage, petrochemical, aviation, automotive, and mining industries.
Type
Public
Status
Active
Founded
1987
HQ
Houston, TX, US | view all locations
Website
https://www.bakerhughes.com
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Lorenzo Simonelli

    Lorenzo Simonelli, Chairman and CEO

  • Jeff Fleece

    Jeff Fleece, Chief Information Officer

  • Maria Claudia Borras

    Maria Claudia Borras, Executive Vice President, Oilfield Services & Equipment

  • Deanna Jones

    Deanna Jones, Executive Vice President, People, Communications & Transformation

Operating MetricsView all

Drilling Rigs (International)

965
5.5%

Q1, 2024

Remaining Performance Obligations

$32.7B
10.5%

Q1, 2024

Drilling Rigs

1.8K
5.3%

Q1, 2024

LocationsView all

209 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 203 others

Baker Hughes Financials

Summary Financials

Revenue (Q1, 2024)
$6.4B
Gross profit (Q1, 2024)
$1.3B
Net income (Q1, 2024)
$463.0M
Cash (Q1, 2024)
$2.7B
EBIT (Q1, 2024)
$653.0M
Enterprise value
$35.3B

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