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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.
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.
The firm announced it would acquire Baker Hughes for around $35 billion in cash and stock, creating an oilfield services company that aims to compete with Schlumberger. Prior to the merger of Baker Hughes and Halliburton, Halliburton must divest over $5 billion of its assets according to the regulations created by US competition enforcement ...
To get a clearer understanding of a company's ability. 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 ...
Baker Hughes (NYS: BHI) carries $7.4 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
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Schlumberger. Schlumberger NV ( French: [ʃlumbɛʁʒe, ʃlœ̃b-] ), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
At one point, known as BJ Services Company, the company operated in more than 50 countries worldwide. BJ Services generated record revenue of $5.4 billion in fiscal 2008, up 13% from the prior year, and had 18,000 employees. On April 28, 2010, the company was bought by Baker Hughes in a $5.5 billion stock and cash deal.
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