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COMPANY BENCHMARKING • UNITED STATES

Baker Hughes Company - Company Profile

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Baker Hughes Company - Overview

Description
Baker Hughes Company is a public company headquartered in Texas with an estimated 55,000 employees. In the US, the company has a notable market share in at least five industries: Oil & Gas Field Services, Mining, Oil & Gas Machinery Manufacturing, Oil Field Drilling Services, Oil and Gas Drilling Equipment Manufacturing, Pressure Sensor Manufacturing and Oil & Gas Field Services. Their largest market share is in the Pressure Sensor Manufacturing industry, where they account for an estimated 38.6% of total industry revenue.
Company Details

Registered Name: Baker Hughes Company

Company Type: Operating

Exchange: Nasdaq

Headquarters: 575 N Dairy Ashford Rd Houston TX 77079

Website: http://www.bakerhughes.com

Employees: 55000

Baker Hughes Company - Operating Industries and Main Competitors

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Baker Hughes Company - Products and Services

  • Oil & Gas Field Services in the US

    • Of the 7 core revenue-generating products and services in the Oil & Gas Field Services in the US industry, Baker Hughes Company offers:
    • Natural gas drilling services
    • Natural gas well support services
    • Oil drilling services
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  • Oil Field Drilling Services in the US

    • Of the 4 core revenue-generating products and services in the Oil Field Drilling Services in the US industry, Baker Hughes Company offers:
    • Exploration and gathering services

  • Mining, Oil & Gas Machinery Manufacturing in the US

    • Of the 4 core revenue-generating products and services in the Mining, Oil & Gas Machinery Manufacturing in the US industry, Baker Hughes Company offers:
    • All other including portable drilling rigs, well surveying machinery
    • Oil and gas field production machinery and equipment excluding pumps
    • Rotary oil and gas field drilling machinery and equipment
error_outline To view Baker Hughes Company's full products and services, see purchase options.

Baker Hughes Company - Analyst Insights

Corporate financials suffer as drilling activity weakens amid the coronavirus pandemic

Hydrocarbon producers have experienced tremendous market volatility over the past several years on account of the COVID-19 (coronavirus) pandemic and associated socioeconomic shutdowns. As global activity slowed to amid government restrictions, aggregate hydrocarbon demand has collapsed. In response, oil and gas producers have slowed production and limited purchases of new oilfield products and services. This led total company revenue to fall 13.1% to $20.7 billion in 2020 and resulted in the company recognizing $14.8 billion in impairment charges for the year.

COVID|Balance Sheet|New Activity|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Baker Hughes Company - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Baker Hughes Company's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Oil & Gas Field Services in the US, Oil Field Drilling Services in the US, and Mining, Oil & Gas Machinery Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Baker Hughes Company - Financial Statements & Ratios

pie_chartBaker Hughes Company Income Statement

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Revenue25,506.021,156.020,502.020,705.023,838.022,877.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartBaker Hughes Company Balance Sheet

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Cash and EquivalentsN/AN/AN/AN/AN/AN/A
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartBaker Hughes Company Cash Flow

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Net Income1,970.0N/A-330.0-15,761.0271.0283.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

error_outline To view all financial data for Baker Hughes Company, see purchase options.

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