Baker Hughes Co.

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About

Baker Hughes is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward—making it safer, cleaner and more efficient for people and the planet. 

Editor's note: Updated Oct. 17, 2019.

Symbol(s)
NYSE: BKR
Headquarters Address

17021 Aldine Westfield
Houston, TX 77073
United States

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News

In the third quarter, drillers added oil and gas rigs for an eighth quarter in a row but the addition of 12 rigs was the smallest…

Here’s a roundup of the latest E&P headlines, including a project approval off Equatorial Guinea and product announcements from…

U.S. oil rigs rose three to 602 this week, while gas rigs fell two to 160. The total rig count fell in August and was on track to fall…

The energy landscape in the U.S. has evolved following the passage of the Inflation Reduction Act. Here’s what’s next according to…

The biggest increase in rigs was in the Permian Basin in Texas and New Mexico, the biggest U.S. oil field, which rose by three to 343…

New Financings

Report Date Type Amount (MM) Description
2020-05-06 Baker Hughes Co. Debt $500.00

Closed an offering of 4.486% senior notes due 2030 that were offered and sold pursuant to an underwriting…

Report Date Type Amount (MM) Description
2019-09-11 Baker Hughes, a GE company, LLC Equity

Baker Hughes, a GE company has priced a secondary offering of 115 million shares of BHGE Class A…

Report Date Type Amount (MM) Description
2019-09-10 Baker Hughes, a GE company, LLC Equity

Baker Hughes, a GE company, said Sept. 10 that General Electric Co. and GE Oil &amp…

Report Date Type Amount (MM) Description
2018-11-13 Baker Hughes Inc. Equity

General Electric Co. has commenced a secondary offering of 92 million shares of BHGE Class A common stock…

Report Date Type Amount (MM) Description
2017-12-04 Baker Hughes Inc. Debt $3,950.00

Baker Hughes priced its tender offering of senior notes at $3.95 billion aggregate principal amount of…

Transactions

Report Date Amount (MM) Description
2022-08-01

Baker Hughes Agrees to Local Buyout of Russian OFS Unit

Baker Hughes Agrees to Local Buyout of Russian OFS Unit

Report Date Amount (MM) Description
2022-03-21

Baker Hughes to Acquire Well Specialist Altus Intervention

Baker Hughes to Acquire Well Specialist Altus Intervention

Report Date Amount (MM) Description
2021-06-28

Baker Hughes Invests in Synthetic Natural Gas Startup

Baker Hughes Invests in Synthetic Natural Gas Startup

Report Date Amount (MM) Description
2021-03-02 $320.00

Baker Hughes to Merge Offshore Drilling Business in JV Transaction

Baker Hughes to Merge Offshore Drilling Business in JV Transaction

Report Date Amount (MM) Description
2021-02-18

Baker Hughes’ Latest Acquisition to Strengthen Digital Solutions Portfolio

Baker Hughes’ Latest Acquisition to Strengthen Digital Solutions Portfolio