Baker Hughes Overview
- Year Founded
-
1908
- Status
-
Public
- Employees
-
57,000
- Stock Symbol
-
BKR
- Investments
-
71
- Share Price
-
$37.80
- (As of Monday Closing)
Baker Hughes General Information
Description
Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment, or OFSE, is one of the Big Three oilfield service players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three quarters of the firm's OFSE. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services across various energy and industrial applications.
Contact Information
Website
www.bakerhughes.comCorporate Office
- 575 North Dairy Ashford Road
- Suite 100
- Houston, TX 77079-1121
- United States
Corporate Office
- 575 North Dairy Ashford Road
- Suite 100
- Houston, TX 77079-1121
- United States
Baker Hughes Timeline
Baker Hughes Stock Performance
As of 21-Apr-2025, Baker Hughes’s stock price is $37.80. Its current market cap is $37.4B with 990M shares.
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $37.80 | $38.91 | $30.93 - $49.40 | $37.4B | 990M | 8.44M | $3.00 |
Baker Hughes Financials Summary
As of 31-Dec-2024, Baker Hughes has a trailing 12-month revenue of $27.8B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 44,116,349 | 44,116,349 | 37,996,074 | 33,600,337 |
| Revenue | 27,829,000 | 27,829,000 | 25,506,000 | 21,156,000 |
| EBITDA | 4,599,000 | 4,599,000 | 3,958,000 | 1,335,000 |
| Net Income | 2,979,000 | 2,979,000 | 1,943,000 | (601,000) |
| Total Assets | 38,363,000 | 38,363,000 | 36,945,000 | 34,181,000 |
| Total Debt | 6,023,000 | 6,023,000 | 6,021,000 | 6,658,000 |
Baker Hughes Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Baker Hughes Comparisons
Industry
Financing
Details
Baker Hughes Competitors (22)
One of Baker Hughes’s 22 competitors is Forum Energy Technologies, a Formerly PE-Backed company based in Houston, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Forum Energy Technologies | Formerly PE-Backed | Houston, TX | ||||
| T.D. Williamson | Private Equity-Backed | Tulsa, OK | ||||
| Fishbones | Venture Capital-Backed | Sandnes, Norway | ||||
| Superior Energy Services | Corporation | Houston, TX | ||||
| GE Oil & Gas | Corporation | Houston, TX |
Baker Hughes Patents
Baker Hughes Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-202418620-D0 | Intermediate material and pipe and method of manufacture | Pending | 18-Dec-2024 | ||
| GB-202418333-D0 | Collapse resistant tape, manufacturing and/or winding tape and smoothing a bore | Pending | 13-Dec-2024 | ||
| GB-202418334-D0 | Carcass winding | Pending | 13-Dec-2024 | ||
| GB-202418335-D0 | Method and apparatus for forming tape | Pending | 13-Dec-2024 | ||
| GB-202418336-D0 | Method and apparatus for carcass smoothing | Pending | 13-Dec-2024 |
Baker Hughes Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Baker Hughes Investments & Acquisitions (71)
Baker Hughes’s most recent deal was a Later Stage VC with Baseload Capital for . The deal was made on 04-Sep-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Baseload Capital | 04-Sep-2024 | Later Stage VC | Asset Management | ||
| Citroniq Chemicals | 18-Jun-2024 | Early Stage VC | Specialty Chemicals | ||
| HIF Global | 13-May-2024 | PE Growth/Expansion | Energy Production | ||
| Zhero (Amsterdam) | 24-Apr-2024 | Corporate | Energy Infrastructure | ||
| Sage Energy Partners | 11-Apr-2024 | Corporate | Energy Infrastructure |
Baker Hughes ESG
Risk Overview
Risk Rating
Updated September, 10, 2024
19.12 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile
Energy Services
Industry
of 102
Rank
Percentile
Oil & Gas Equipment
Subindustry
of 81
Rank
Percentile
Baker Hughes Exits (7)
Baker Hughes’s most recent exit was on 11-Apr-2024 from Sage Energy Partners. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Sage Energy Partners | 11-Apr-2024 | Completed |
|
||
| C3.ai | 15-Sep-2019 | Completed |
|
||
| AC Compressor | 31-May-2001 | Completed |
|
||
| WesternGeco | 21-Dec-2000 | Completed |
|
||
| vMonitor | 01-Jan-2000 | Early Stage VC | Completed |
|
Baker Hughes Affiliates
Subsidiaries (8)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Mosaic Materials | Berkeley, CA | 2014 | |
| Baker Hughes Pension Plan | Houston, TX | 2002 | |
| Arms Reliability | Ocean Grove, Australia | 1995 | |
| Altus Intervention | Stavanger, Norway | 1995 | |
| Quest Integrity Group | Stafford, TX | 1971 |
Baker Hughes FAQs
-
When was Baker Hughes founded?
Baker Hughes was founded in 1908.
-
Where is Baker Hughes headquartered?
Baker Hughes is headquartered in Houston, TX.
-
What is the size of Baker Hughes?
Baker Hughes has 57,000 total employees.
-
What industry is Baker Hughes in?
Baker Hughes’s primary industry is Oil and Gas Equipment.
-
Is Baker Hughes a private or public company?
Baker Hughes is a Public company.
-
What is Baker Hughes’s stock symbol?
The ticker symbol for Baker Hughes is BKR.
-
What is the current stock price of Baker Hughes?
As of 21-Apr-2025 the stock price of Baker Hughes is $37.80.
-
What is the current market cap of Baker Hughes?
The current market capitalization of Baker Hughes is $37.4B.
-
What is Baker Hughes’s current revenue?
The trailing twelve month revenue for Baker Hughes is $27.8B.
-
Who are Baker Hughes’s competitors?
Forum Energy Technologies, T.D. Williamson, Fishbones, Superior Energy Services, and GE Oil & Gas are some of the 22 competitors of Baker Hughes.
-
What is Baker Hughes’s annual earnings per share (EPS)?
Baker Hughes’s EPS for 12 months was $3.00.
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