baker hughes incorporated (nyse: bhi) provides reliable, practical solutions when and where our customers need them to lower costs, reduce risk and improve productivity. from the reservoir to the refinery we create value with high-performance products and services to analyze, drill, evaluate, complete and produce oil and gas reserves and then transport and refine the hydrocarbons. for over a century, innovation has been part of our dna. baker hughes was formed in 1986 with the merger of baker international and hughes tool company—both founded over 100 years ago when r.c. baker and howard hughes conceived ground-breaking inventions that revolutionized the fledgling petroleum era. since those earliest advancements, we’ve never stopped searching for solutions to conquer the next frontier. collaboration is at the heart of our business. with 49,000 employees in more than 80 countries, our local geomarket teams work side by side with customers to engineer reliable, practical solutions—wh
![Baker Hughes Co - Ordinary Shares logo](/files/LOGO/1701605-BKR.png)
Company profile
Ticker
BKR, BKR-MM
Exchange
Website
CEO
Martin Craighead
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Baker Hughes a GE Co, Bear Newco, Inc.
SEC CIK
Corporate docs
Subsidiaries
Baker Hughes Company • EHHC NewCo LLC • CFC Holdings LLC • Baker Hughes Holdings LLC • Baker Hughes Energy Services LLC • Baker Hughes Energy Manufacturing LLC • Baker Hughes International Branches LLC • Baker Hughes International Holdings LLC • Baker Hughes Holdings SECS LLC • Baker Hughes Energy International B.V. ...
IRS number
814403168
BKR stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
26 Jul 24
8-K
Results of Operations and Financial Condition
25 Jul 24
SD
Conflict minerals disclosure
24 May 24
8-K
Departure of Directors or Certain Officers
24 May 24
8-K
Submission of Matters to a Vote of Security Holders
16 May 24
10-Q
2024 Q1
Quarterly report
24 Apr 24
8-K
Results of Operations and Financial Condition
23 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
DEF 14A
Definitive proxy
2 Apr 24
Transcripts
BKR
Earnings call transcript
2024 Q1
24 Apr 24
BKR
Earnings call transcript
2023 Q4
24 Jan 24
BKR
Earnings call transcript
2023 Q3
26 Oct 23
BKR
Earnings call transcript
2023 Q2
19 Jul 23
BKR
Earnings call transcript
2023 Q1
19 Apr 23
BKR
Earnings call transcript
2022 Q4
23 Jan 23
BKR
Earnings call transcript
2022 Q3
19 Oct 22
BKR
Earnings call transcript
2022 Q2
20 Jul 22
BKR
Earnings call transcript
2022 Q1
20 Apr 22
BKR
Earnings call transcript
2021 Q4
20 Jan 22
Latest ownership filings
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.28 bn | 2.28 bn | 2.28 bn | 2.28 bn | 2.28 bn | 2.28 bn |
Cash burn (monthly) | 144.33 mm | 43.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 129.83 mm | 39.05 mm | n/a | n/a | n/a | n/a |
Cash remaining | 2.15 bn | 2.24 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 14.9 | 51.7 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Jun 24 | Rebecca L Charlton | Class A Common Stock | Payment of exercise | Dispose F | No | No | 32.15 | 2,837 | 91.21 k | 8,813 |
3 Jun 24 | Rebecca L Charlton | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 11,650 | 0.00 | 11,650 |
3 Jun 24 | Rebecca L Charlton | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 11,650 | 0.00 | 23,302 |
24 May 24 | Maria C Borras | Class A Common Stock | Sell | Dispose S | No | Yes | 32 | 18,000 | 576.00 k | 92,035 |
24 May 24 | Maria C Borras | Class A Common Stock | Option exercise | Acquire M | No | Yes | 22.98 | 18,000 | 413.64 k | 110,035 |
24 May 24 | Maria C Borras | Class A Common Stock | Sell | Dispose S | No | Yes | 32 | 37,980 | 1.22 mm | 92,035 |
24 May 24 | Maria C Borras | Stock Option Class A Common Stock | Option exercise | Dispose M | No | Yes | 22.98 | 18,000 | 413.64 k | 5,585 |
22 May 24 | Beattie William G | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 5,453 | 0.00 | 5,453 |
22 May 24 | Gudaimi Abdulaziz M Al | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 5,453 | 0.00 | 5,453 |
22 May 24 | Gudaimi Abdulaziz M Al | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 5,453 | 0.00 | 0 |
News
Benchmark Reiterates Buy on Baker Hughes, Maintains $40 Price Target
26 Jul 24
Peering Into Baker Hughes's Recent Short Interest
26 Jul 24
Baker Hughes Q2 2024 Adj EPS $0.57 Beats $0.49 Estimate, Sales $7.139B Beat $6.805B Estimate
25 Jul 24
What's in Store for Helmerich & Payne in Q3 Earnings?
19 Jul 24
Total US Drilling Rig Tally Falls: Here's What it Means
16 Jul 24
Press releases
Baker Hughes Company Announces Second-Quarter 2024 Results
25 Jul 24
Baker Hughes Declares Quarterly Dividend
25 Jul 24
Baker Hughes Announces Dates for Second-quarter 2024 Earnings Release and Webcast
17 Jun 24
Baker Hughes Awarded Major Integrated Solutions Contract for Petrobras' Offshore Fields
10 Jun 24
Tekion Appoints Binu Mathew as Chief Technology Officer
6 Jun 24