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Baker Hughes Company. 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.
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.
Halliburton Company is an American multinational corporation and the world's second largest oil service company which is responsible for most of the world's largest fracking operations. [6] It employs approximately 55,000 people through its hundreds of subsidiaries, affiliates, branches, brands, and divisions in more than 70 countries.
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 ...
With more than half its revenue generated in North America, Baker Hughes' fourth-quarter and full-year results were weighed down by weakness in this core market. However, there were some bright ...
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.