Baker Hughes Co - Company Profile

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Baker Hughes Co: Overview

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Baker Hughes Co (Baker Hughes) is an energy technology company that provides energy and industrial solutions. The company's portfolio of products includes drilling equipment, subsea production systems, compressors, pipe systems, electricity generators, energy recovery and storage systems, regulators, control systems, pumps, valves and process control technologies. It also offers digital solutions such as non-destructive testing and inspection, sensor-based process measurement, plant controls and pipeline integrity solutions. It serves independent oil and natural gas companies and national or state-owned oil companies. The company has operations in the Americas, Europe, the Middle East, Africa, and Asia. Baker Hughes is headquartered in Houston, Texas, the US.

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Headquarters United States of America
Address 575 North Dairy Ashford Road, Suite 100, Houston, Texas, 77079-1121
Website www.bakerhughes.com
Telephone 1 713 4398600
No of Employees 57,000
Industry Energy and Utilities
Ticker Symbol & Exchange BKR (NASD)
Revenue (2022) $25.5B 20.6% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 423.3% (2022 vs 2021)
Market Cap* $31.6B
Net Profit Margin (2022) XYZ 368.3% (2022 vs 2021)
* As of and is in US$
View Baker Hughes Co financials
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Baker Hughes Co premium industry data and analytics

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Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Baker Hughes Co.

1

Energy Storage Projects

Understand the energy storage landscape for Baker Hughes Co, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Baker Hughes Co (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Baker Hughes Co’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Drilling Fluids Remote Operations Services System 1
Drill Bits Field Management Services Bently Nevada
Completion Systems Geoscience Services
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Corporate Changes/Expansions In May, the company announced the expansion of the Damman facility in Saudi Arabia.
2024 Contracts/Agreements In May, the company announced a collaboration with Ignis Energy to identify and describe its geothermal reservoirs.
2024 Contracts/Agreements In May, the company was selected by SONATRACH for a gas project for the Hassi R’Mel gas field in Algeria, Africa.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Baker Hughes Co Siemens AG Schneider Electric SE Honeywell International Inc Mitsubishi Heavy Industries Ltd
Headquarters United States of America Germany France United States of America Japan
City Houston Muenchen Rueil-Malmaison Charlotte Chiyoda-Ku
State/Province Texas Bayern Haute Normandie North Carolina Tokyo
No. of Employees 57,000 320,000 168,044 95,000 76,859
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Lorenzo Simonelli Chairman; Chief Executive Officer; President Executive Board 2017 50
Nancy Buese Chief Financial Officer Senior Management 2022 54
Jeff Fleece Chief Information Officer Senior Management - -
Georgia Magno Chief Legal Officer Senior Management 2024 45
Deanna Jones Executive Vice President - People, communication, and Transformation Senior Management 2020 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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