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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.
In the latest trading session, Baker Hughes (BKR) closed at $28.47, marking a -0.66% move from the previous day.
The beaten-down oil-field service giant certainly has plenty of upside potential to make investors lots of money in the coming years.
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.
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 base price of the index was ... Anticipation of these changes can lead to changes in the stock prices of affected companies. ... Baker Hughes: BKR: Energy: Oil ...
With oil prices continue to trade in the bearish territory, there has been little incentives by the explorers to hire oilfield service firms like Baker Hughes (BKR) for upstream activities.
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.
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