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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.
Baker Hughes (NASDAQ:BKR), a global leader in energy technology services, announced its fourth-quarter results on Jan. 30. The company's adjusted EPS rose by 37.3% year over year to $0.70 ...
Baker Hughes posted an adjusted profit of 70 cents per share for the three months ended Dec. 31, compared with analysts' average expectation of 63 cents, according to estimates compiled by LSEG.
In October, 2019, GE sold a portion of its 62.5% stake in BHGE, reducing its ownership below 50%, and BHGE was rechristened as Baker Hughes Company (NYSE:BKR). [4] Baker Hughes has positioned itself as an energy technology company. [5] Bently Nevada remained a Baker Hughes Business after GE's sale of its interest in the company. As of 2020 ...
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 ...
The Baker Hughes agreement is scheduled to expire later in June, so analysts are concerned about the potential loss of a major chunk of revenue in the near term. However, revenue excluding Baker ...
Western Atlas wireline division, Western Atlas Logging Services, became Baker Atlas, one of seven divisions of Baker Hughes. The Western Geophysical division of Western Atlas was joined with Schlumberger geophysical operations, Geco-Prakla, to form WesternGeco in 2000. WesternGeco was initially owned jointly by Baker Hughes and Schlumberger. [2]
Baker Hughes has an intangible assets ratio of 32%. This is well above Heiserman's threshold, and you should keep a close eye on just how the company is fueling its growth.