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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.
Baker Hughes (BKR) delivered earnings and revenue surprises of -27.27% and -4.69%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
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.
Baker Hughes (BKR) delivered earnings and revenue surprises of 0.00% and 5.46%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Hughes Tool Company was an American manufacturer of drill bits. Founded in 1908, it was merged into Baker Hughes Incorporated in 1987. History. The company was established in December 1908 as Sharp-Hughes Tool Company when Howard R. Hughes Sr. patented a roller cutter bit that dramatically improved the rotary drilling process for oil drilling rigs.
Baker Hughes Company ( NYSE:BKR ) shareholders should be happy to see the share price up 17% in the last quarter. But...
In the latest trading session, Baker Hughes (BKR) closed at $28.47, marking a -0.66% move from the previous day.
Vetco was a British oilfield service company that was established in July 2004 and operated through its subsidiaries Vetco Gray and Vetco Aibel AS. Vetco was the result of a consortium consisting of the private equity firms Candover, 3i and JP Morgan Partners, which took over ABB's oil and gas division, ABB Offshore Systems.