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Baker Hughes information


Baker Hughes Company
Company typePublic
Traded as
  • Nasdaq: BKR (Class A)
  • Nasdaq-100 component
  • S&P 500 component
ISINUS05722G1004
IndustryPetroleum industry
Predecessors
  • Hughes Tool Company
  • Baker Oil Tool Company
Founded1908; 116 years ago (1908)
HeadquartersHouston, Texas, U.S.
Key people
Lorenzo Simonelli (chairman & CEO)
RevenueIncrease US$25.51 billion (2023)
Operating income
Increase US$2.32 billion (2023)
Net income
Increase US$1.97 billion (2023)
Total assetsIncrease US$36.95 billion (2023)
Total equityIncrease US$15.52 billion (2023)
Number of employees
c. 58,000 (2023)
Websitebakerhughes.com
Footnotes / references
[1]

Baker Hughes Company is an American energy company based in Houston, Texas. As one of the world's largest oil field services companies, it provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting. It operates in over 120 countries, with research and manufacturing facilities in Australia, Singapore, Malaysia, India, Dubai, Saudi Arabia, Italy, Germany, Norway, Oklahoma, Louisiana and Missouri. From 2017 to 2020, the company was majority owned by General Electric (GE); however, GE no longer owns an economic stake in the company.[2] The company is incorporated in Delaware.

  1. ^ "Baker Hughes Company 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 5, 2024.
  2. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).

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