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Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK.As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications.
Hughes Aircraft, Hughes Tool Company (to Baker Hughes), Hughes Airwest – Howard Hughes; Hugo Boss – Hugo Boss; Humber – Thomas Humber; Huntley and Palmers – Joseph Huntley and George Palmer; Hy-Vee – Charles Hyde and David Vredenburg. The company was originally incorporated as Hyde & Vredenburg, Inc.; Hy-Vee was adopted as a marketing ...
This became the "new" Hughes Tool Company while the remaining divisions of the business were placed in a new holding company, the Summa Corporation. During the 1979 visit by Deng Xiaoping to the United States, Deng visited the company's Houston plant. [8] Hughes Tool Company merged with Baker International to form Baker Hughes Incorporated in ...
Cash flows from operating activities of $1,010 million and free cash flow* of $754 million. Returns to shareholders of $361 million , including $152 million of share repurchases. HOUSTON and LONDON, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Baker Hughes Company (Nasdaq: BKR) ("Baker Hughes" or the "Company") announced results today for the third ...
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In 2013, he was appointed president of GE's Oil and Gas division, [10] which he ran until the division was merged with Baker Hughes Inc in 2017, becoming Baker Hughes, a GE Company (NYSE:BHGE). [11] He became CEO of the newly formed company, and following GE's divestment from the company in 2019, has continued on as CEO of the independent Baker ...
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Solomon Robert Dresser invented a "packer", using rubber for a tight fit, and after taking out a patent on May 11, 1880, he began advertising and selling his product, the Dresser Cap Packer, from Bradford, Pennsylvania, in the heart of the oilfields. Dresser's packer was one of many available on the market, and it was another invention that saw ...