Company

Baker Hughes Company

Headquarters: Houston, TX, United States

Founded: 1907

Employees: 54,000

CEO: Mr. Lorenzo Simonelli

NASDAQ: BKR -0.12%

Market Cap

$34.34 Billion

USD as of Jan. 1, 2024

Market Cap History

Baker Hughes Company market capitalization over time

Evolution of Baker Hughes Company market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Baker Hughes Company

Detailed Description

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping systems, oilfield and industrial chemicals, and artificial lift technologies for oil and natural gas, and oilfield service companies. The OFE segment provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions, including well intervention and decommissioning solutions; and services related to onshore and offshore drilling and production operations. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, downstream, onshore, offshore, and industrial customers. The DS segment provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.

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Stocks & Indices

Baker Hughes Company has the following listings and related stock indices.


Stock: NASDAQ: BKR wb_incandescent

Stock: FSX: 68V wb_incandescent

Stock: XETR: 68V wb_incandescent

Key People

Lorenzo Simonelli (Chairman & CEO)

Financials

Revenue: US$20.705 billion (2020)

Operating income: US$-15.978 billion (2020)

Net income: US$-15.761 billion (2020)


Total assets: US$38.007 billion (2020)

Total equity: US$18.242 billion (2020)

Details

Headquarters:

17021 Aldine Westfield Road

Houston, TX 77073-5101

United States

Phone: 713 439 8600