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. The company 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 58,000
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* $33.0B
Net Profit Margin (2022) XYZ 368.3% (2022 vs 2021)
* As of and is in US$
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.

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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).

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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
Drill Bits Remote Operations Services Bently Nevada
Drilling Fluids Geoscience Services System 1
Completion Systems Field Management 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 Contracts/Agreements In April, the company entered into a contract with Snam to supply three NovaLT 12 gas turbine-driven compressor trains for a new gas compressor station in Sulmona, Italy.
2024 Contracts/Agreements In April, the company received a contract from Black & Veatch to deliver Cedar LNG in Canada with electric-driven liquefaction technologies.
2024 Contracts/Agreements In March, the company partnered with BP to deliver a breakthrough in flare emissions monitoring.
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 Schlumberger Ltd
Headquarters United States of America Germany France United States of America United States of America
City Houston Muenchen Rueil-Malmaison Charlotte Houston
State/Province Texas Bayern Haute Normandie North Carolina Texas
No. of Employees 58,000 321,000 168,044 95,000 111,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Lorenzo Simonelli Chairman; President; Chief Executive Officer Executive Board 2017 49
Nancy Buese Chief Financial Officer Senior Management 2022 53
Jeff Fleece Chief Information Officer Senior Management 2022 -
Georgia Magno Chief Legal Officer Senior Management 2024 -
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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