HOUSTON – June 05, 2017 – Baker Hughes Incorporated (NYSE:BHI) and General Electric Company (NYSE:GE) today announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE’s Oil & Gas business with Baker Hughes. The combined executive team, which has considerable experience, deep expertise and will drive global impact, will be as follows: Lorenzo Simonelli, President & CEO Maria Claudia Borras, President & CEO, Oilfi...
BOSTON & HOUSTON--(BUSINESS WIRE)--Mar. 6, 2017--
General Electric Company (NYSE: GE) and Baker Hughes Incorporated (NYSE:
BHI) today announced that the companies have each received a request for
additional information (“second request”) from the United States
Department of Justice (“DOJ”) in connection with the pending combination
of GE’s oil and gas business with Baker Hughes. The second requests were
issued under the Hart-Scott-Rodino Antitrust Im...
HOUSTON--(BUSINESS WIRE)--Mar. 2, 2017--
Baker Hughes Incorporated (NYSE: BHI) announced today that the company’s
Chairman and Chief Executive Officer Martin Craighead will present at
Scotia Howard Weil Energy Conference on Tuesday, March 28, 2017, at
10:15 a.m. Eastern Time (9:15 a.m. Central Time).
If you would like to view the presentation materials, please visit the
“Events & Presentations” page on our website at: www.bakerhughes.com/inve...
HOUSTON--(BUSINESS WIRE)--Jan. 26, 2017--
Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive
Officer Martin S. Craighead announced today that the Baker Hughes Board
of Directors declared the regular quarterly cash dividend of $0.17 per
share of common stock payable February 17, 2017 to holders of record on
February 6, 2017.
Baker Hughes is a leading supplier of oilfield services, products,
technology and systems to the worl...
Revenue of $2.4 billion for the quarter, up 2% sequentially.
Full-year revenue was $9.8 billion
GAAP net loss attributable to Baker Hughes of $417 million for the
quarter includes the negative impact of $291 million of adjusting
items and $107 million of income taxes
Adjusted EBITDA (non-GAAP measure) was $266 million for the quarter
and $493 million for the year
Cash flows from operati...
HOUSTON--(BUSINESS WIRE)--Jan. 4, 2017--
Baker Hughes Incorporated (NYSE: BHI) announced today that it will
release its financial results for the fourth quarter and full year of
2016 on Thursday, January 26, 2017, at 6:30 a.m. Eastern Time (5:30 a.m.
Central Time). The company’s management will host an investor conference
call to discuss results at 8:30 a.m. Eastern Time (7:30 a.m. Central
The conference call will broadcast live via...
We look forward to helping you and will contact you as soon as possible.