Baker Hughes Company Overview

Company: Baker Hughes Company
CEO: Mr. Lorenzo Simonelli
Founded: Jan 1, 1908
Symbol: BKR
Exchange: NASDAQ
Industry: Oil & Gas Equipment & Services
Sector: Energy
About

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping systems, oilfield and industrial chemicals, and artificial lift technologies for oil and natural gas, and oilfield service companies. The OFE segment provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions,luding well intervention and decommissioning solutions; and services related to onshore and offshore drilling and production operations. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolioludes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, downstream, onshore, offshore, and industrial customers. The DS segment provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.

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  • Ranking:

    37 among 914 companies

  • Address:

    17021 Aldine Westfield Road

  • City | State | Country:

    Houston | TX | US

  • Phone:

    713 439 8600

  • Website:

Baker Hughes Company (BKR)

  • Stock Price
  • Volume
37.05 +20.72 +126.88%
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Frequently Asked Questions

When was Baker Hughes Company founded?

Baker Hughes Company was founded on Jan 1, 1908, which makes the company 117 years old.

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Who is the CEO of Baker Hughes Company?

Mr. Lorenzo Simonelli is the CEO of Baker Hughes Company.

What industry and sector is Baker Hughes Company in?

Baker Hughes Company operates in the Oil & Gas Equipment & Services industry and the Energy sector.

What are Baker Hughes Company's CIK, SIC, and ISIN codes?

  • CIK (Central Index Key): 0001701605
  • SIC (Standard Industrial Classification): 3533
  • ISIN (International Securities Identification Number): US05722G1004

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How many employees does Baker Hughes Company have?

Baker Hughes Company has 57,000 employees.

What is the revenue of Baker Hughes Company?

In fiscal year 2024, Baker Hughes Company generated a revenue of $27.83 Billion.

What is the net income of Baker Hughes Company?

In fiscal year 2024, Baker Hughes Company reported a net income of $2.98 Billion.

What is Baker Hughes Company's biggest product segment?

Oilfield Services And Equipment is Baker Hughes Company's biggest product segment, representing 56.16% of its total revenue.

When was Baker Hughes Company listed on the stock exchange?

Baker Hughes Company went public on Apr 6, 1987, through its Initial Public Offering (IPO), and it has been 38 years since then.

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What is the ticker symbol of Baker Hughes Company, and where is it listed?

Baker Hughes Company's ticker symbol is BKR, and the company is listed on the NASDAQ stock market exchange.

What is Baker Hughes Company's current stock price?

Baker Hughes Company's current stock price is $37.03 as of May 30, 2025.

What is Baker Hughes Company's market capitalization?

As of , Baker Hughes Company's market cap is .

What is Baker Hughes Company's ranking in the world?

Ranked #37among 914 companies based on market cap.

Who are the top competitors of Baker Hughes Company?

Competitors of Baker Hughes Company include Schlumberger Limited and Halliburton Company, and more.