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 (Q1, 2018) | 5.4 b |
Gross profit (Q1, 2018) | 2.6 b |
Gross profit margin (Q1, 2018), % | 48.1% |
Net income (Q1, 2018) | (143 m) |
EBIT (Q1, 2018) | (41 m) |
Market capitalization (14-Jun-2018) | 37.5 b |
Closing share price (14-Jun-2018) | 33.7 |
Baker Hughes's current market capitalization is $37.5 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 |
| USD | Y, 2018 |
|---|---|
Financial Leverage | 1.4 x |
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Baker Hughes Online and Social Media Presence
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Baker Hughes News and Updates
June 15, 2018
U.S. drillers add oil rigs for fourth week in a row -Baker Hughes
June 15 (Reuters) - U.S. energy companies added one oil rig
this week, the fourth consecutive week of increases, despite a 9
percent decline in crude prices over the past four weeks.
June 08, 2018
U.S. drillers add oil rigs for third week in a row -Baker Hughes
June 8 (Reuters) - U.S. energy companies added oil rigs for
a third week in a row even though crude prices have declined
about 8 percent over the past three weeks.
June 01, 2018
U.S. drillers add oil rigs for second week in a row -Baker Hughes
June 1 (Reuters) - U.S. energy companies added oil rigs for
a second week in a row even though crude prices have declined
about 7 percent over the past two weeks and analysts do not
expect any big changes in the rig count for the rest of the
year.
May 25, 2018
UPDATE 1-U.S. drillers add most rigs in week and month since Feb -Baker Hughes
May 25 (Reuters) - U.S. energy companies added the most oil
rigs in both a week and a month since February as drillers
continued to return to the well pad with crude prices at their
highest since late 2014.
May 25, 2018
U.S. drillers add most rigs in week and month since Feb -Baker Hughes
May 25 (Reuters) - U.S. energy companies added the most oil
rigs in both a week and a month since February as drillers
continued to return to the well pad with crude prices at their
highest since late 2014.
May 18, 2018
UPDATE 1-U.S. oil rig count holds steady after six weeks of gains -Baker Hughes
May 18 (Reuters) - The U.S. oil rig count held steady this
week after rising for six weeks in a row even as crude prices
soar to multi-year highs, prompting drillers to extract record
amounts of oil, especially from shale.
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