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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.
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.
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 ...
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.
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Reuben Carlton "Carl" Baker, Sr. [1] (July 18, 1872 – September 29, 1957 [1]) was an American oil industry drilling pioneer. He established Baker Oil Tools in 1907 after developing a casing shoe that revolutionized cable tool drilling. In 1903, he introduced the offset bit for cable tool drilling to enable casing wells in hard rock and in ...