MetaCap

Baker Hughes Company Class A Company Profile

NASDAQ: BKRConsumer DiscretionaryOil and Gas Field MachineryUSD

55.41-1.72 (-3.01%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

Baker Hughes at a glance

Baker Hughes Company Class A (NASDAQ: BKR) is a Oil and Gas Field Machinery company in the Consumer Discretionary sector headquartered in Houston, TX. Baker Hughes is led by Mr. Lorenzo Simonelli and employs about 54,000 people. At a market capitalization of $55.00 billion, it is considered a large-cap company.

BKR is a member of the SP500, NDX. Its SEC Central Index Key (CIK) is 0001701605, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Baker Hughes do?

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. Its Oilfield Services & Equipment segment designs and manufactures exploration, appraisal, development, production, rejuvenation, and decommissioning products and related services for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The company's Industrial & Energy Technology segment offers gas technology equipment, such as drivers, driven equipment, and turnkey solutions for the mechanical and electric-drive, compression, and power-generation applications; aftermarket support and uptime gas technology services; non-destructive testing technologies, software, and services; pre-commissioning and maintenance services; flow control and safety solutions; mechanical and electromechanical gear transmission systems; Cordant, a software solution to optimize assets, processes, and energy use; Bently Nevada, a sensing and protection hardware for rack-based vibrating monitoring equipment and sensors; and climate technology solutions. It serves industrial, upstream, midstream, downstream, onshore, offshore, and small-to-large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. The company was incorporated in 2016 and is based in Houston, Texas.

Business description based on the company's public filings.

Company information

Legal name
Baker Hughes Company Class A
Ticker
NASDAQ: BKR
Industry
Oil and Gas Field Machinery
CEO
Mr. Lorenzo Simonelli
Employees
54,000
Headquarters
575 North Dairy Ashford Road, Houston, TX, United States
Phone
713 439 8600
Market cap
$55.00B
SEC CIK
0001701605

Index membership

Companies similar to Baker Hughes

BKR peer companies
CompanyPrice% ChgMarket capCompare
FTITechnipFMC plc68.40-2.13%$26.82Bvs BKR
SEISolaris Energy Infrastructure Inc. Class A76.46-4.07%$7.69Bvs BKR
NOVNOV Inc.18.62-2.00%$6.64Bvs BKR
WFRDWeatherford International plc76.42-4.40%$5.46Bvs BKR
WHDCactus Inc. Class A63.10-1.67%$4.40Bvs BKR
DNOWDNOW Inc.15.36-3.27%$2.78Bvs BKR
FLOCFlowco Holdings Inc. Class A19.09+2.86%$2.08Bvs BKR
INVXInnovex International Inc.26.92-2.53%$1.88Bvs BKR

Related