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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.
CEO, Baker Hughes. Term. February 2017-. Predecessor. Martin Craighead. Board member of. Chairman of the U.S.-Russia Business Council . Board member of CNH Industrial and C3.ai. Lorenzo Simonelli is the Chairman, President and Chief Executive Officer of Baker Hughes, an energy technology company.
BJ Services in 2017 began operating as an independent joint venture after Baker Hughes sold a 53.3 percent stake in the hydraulic fracturing and cementing business to private equity firm CSL Capital Management and Goldman Sachs’ West Street Energy Partners for $325 million. On 20 July 2020, BJ Services filed Chapter 11 bankruptcy.
With an EVA momentum of 1.7%, Baker Hughes' economic value added increased year over year, placing it in the 55th percentile of all companies in the Russell 3000. Two of the three other companies ...
In the quest to find great investments, most investors focus on earnings to gauge a company's financial strength. This is a good start, but earnings can be misleading and incomplete. To get a ...
Proposed acquisition of Baker Hughes. On November 17, 2014, Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction valued at $34.6 billion. A press release made available on the former's website ...
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry.In July 2017, this division was merged with Baker Hughes.. The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical.
The Baker Hughes facility in Minden, Nevada designs and manufactures Bently Nevada products. Bently Nevada is an asset protection and condition monitoring hardware, software and service company for industrial plant-wide operations.