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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.
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, reservoir consulting, and tubular running services.
Lorenzo Simonelli (business manager) 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. [1]
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.
Source: S&P Capital IQ. If you own Baker Hughes, or any other company that fails one of these checks, make sure you understand the business model and management's objectives.
Bently Nevada 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. [1]
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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]
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