Baker Hughes Co

More Details of Baker Hughes Co Company

Baker Hughes Company is an energy technology company with a portfolio of technologies and services that span the energy and industrial value chain. The Company operates in two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development, to production, rejuvenation, and decommissioning. OFSE is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea and Surface Pressure Systems. IET segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry, including oil and gas, liquefied natural gas (LNG) operations, downstream refining and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors.

Company Info

Company codeBKR

Company nameBaker Hughes Co

IPO dateJun 04, 1987

Founded at2016

CEOMr. Lorenzo Simonelli

Number of employees57000

Security typeOrdinary Share

Fiscal year-endJun 04

Address575 North Dairy Ashford Road, Suite 100

CityHOUSTON

Stock exchangeNASDAQ Global Select Consolidated

CountryUnited States of America

Postal code77079-1121

Phone17134398600

Websitehttps://www.bakerhughes.com/

Company codeBKR

IPO dateJun 04, 1987

Founded at2016

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Lorenzo Simonelli

Chairman of the Board, President, Chief Executive Officer

840.94K

+39.72%

Ms. Maria Claudia Borras

Chief Growth & Experience Officer

170.98K

+46.58%

Ms. Lynn Laverty Elsenhans

Independent Director

88.42K

--

Mr. John G. Rice

Independent Director

67.31K

--

Ms. Cynthia Blum Carroll

Independent Director

36.28K

--

Mr. Ahmed Farhan Moghal

Chief Financial Officer, Executive Vice President

29.33K

+635.04%

Mr. James E. Apostolides

Senior Vice President - Enterprise Operational Excellence

24.15K

+23.23%

Mr. Gregory D. (Greg) Brenneman

Independent Director

16.84K

--

Mr. Abdulaziz M. Al Gudaimi

Independent Director

5.45K

--

Mr. Chase Mulvehill

Vice President - Investor Relations

--

Name

Name/Position

Position

Shareholding

Change

Mr. Lorenzo Simonelli

Chairman of the Board, President, Chief Executive Officer

840.94K

+39.72%

Ms. Maria Claudia Borras

Chief Growth & Experience Officer

170.98K

+46.58%

Ms. Lynn Laverty Elsenhans

Independent Director

88.42K

--

Mr. John G. Rice

Independent Director

67.31K

--

Ms. Cynthia Blum Carroll

Independent Director

36.28K

--

Mr. Ahmed Farhan Moghal

Chief Financial Officer, Executive Vice President

29.33K

+635.04%

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2021

FY2020

FY2019

FY2018

By BusinessUSD

Name

Revenue

Proportion

Gas Technology

8.49B

30.51%

Completions, Intervention & Measurements

4.15B

14.93%

Well Construction

4.14B

14.89%

Production Solutions

3.86B

13.87%

Subsea & Surface Pressure Systems

3.47B

12.47%

Other

3.71B

13.33%

By RegionUSD

Name

Revenue

Proportion

Non-U.S.

20.45B

73.47%

U.S.

7.38B

26.53%

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Gas Technology

8.49B

30.51%

Completions, Intervention & Measurements

4.15B

14.93%

Well Construction

4.14B

14.89%

Production Solutions

3.86B

13.87%

Subsea & Surface Pressure Systems

3.47B

12.47%

Other

3.71B

13.33%

Shareholder

Update time: Fri, Feb 21

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

12.19%

JP Morgan Asset Management

6.58%

State Street Global Advisors (US)

6.53%

BlackRock Institutional Trust Company, N.A.

5.26%

Dodge & Cox

4.61%

Other

64.83%

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

12.19%

JP Morgan Asset Management

6.58%

State Street Global Advisors (US)

6.53%

BlackRock Institutional Trust Company, N.A.

5.26%

Dodge & Cox

4.61%

Other

64.83%

Type

Shareholder

Proportion

Investment Advisor

44.61%

Investment Advisor/Hedge Fund

43.61%

Sovereign Wealth Fund

2.14%

Bank and Trust

2.11%

Pension Fund

2.01%

Research Firm

2.01%

Hedge Fund

1.96%

Individual Investor

0.15%

Insurance Company

0.08%

Other

1.32%

Institutional Shareholding

Update time: Sun, Jan 19

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

1817

987.10M

99.63%

-20.07M

2024Q4

1780

981.50M

99.13%

-28.52M

2024Q3

1683

981.73M

99.24%

-31.88M

2024Q2

1673

976.23M

98.30%

-29.24M

2024Q1

1663

968.86M

97.07%

-39.21M

2023Q4

1629

980.71M

98.26%

-28.75M

2023Q3

1593

982.50M

97.67%

-55.80M

2023Q2

1536

1.00B

99.19%

-24.35M

2023Q1

1521

995.75M

98.45%

-35.76M

2022Q4

1498

1.00B

99.65%

-50.74M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

120.77M

12.2%

-335.69K

-0.28%

Dec 31, 2024

JP Morgan Asset Management

65.17M

6.58%

+7.96M

+13.92%

Dec 31, 2024

State Street Global Advisors (US)

64.72M

6.54%

-2.29M

-3.41%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

51.91M

5.24%

+685.06K

+1.34%

Dec 31, 2024

Dodge & Cox

45.66M

4.61%

-172.11K

-0.38%

Dec 31, 2024

Capital World Investors

32.52M

3.28%

+36.83K

+0.11%

Dec 31, 2024

Capital Research Global Investors

27.69M

2.8%

+177.23K

+0.64%

Dec 31, 2024

Geode Capital Management, L.L.C.

24.54M

2.48%

+465.83K

+1.93%

Dec 31, 2024

Norges Bank Investment Management (NBIM)

20.21M

2.04%

+1.89M

+10.29%

Dec 31, 2024

Invesco Capital Management (QQQ Trust)

20.47M

2.07%

+274.80K

+1.36%

Feb 28, 2025

Related ETFs

Update time: Fri, May 2

Name

Proportion

iShares U.S. Oil Equipment & Services ETF

21.95%

VanEck Oil Services ETF

12.52%

Range Global Offshore Oil Services Index ETF

11.61%

Invesco Oil & Gas Services ETF

4.25%

SPDR S&P Oil & Gas Equipment & Services ETF

4.18%

Invesco S&P 500 Equal Weight Energy ETF

4.16%

Westwood Salient Enhanced Energy Income ETF

3.88%

Range Global LNG Ecosystem Index ETF

3.71%

ProShares Ultra Energy

3.07%

Energy Select Sector SPDR Fund

2.9%

iShares U.S. Oil Equipment & Services ETF

Proportion21.95%

VanEck Oil Services ETF

Proportion12.52%

Range Global Offshore Oil Services Index ETF

Proportion11.61%

Invesco Oil & Gas Services ETF

Proportion4.25%

SPDR S&P Oil & Gas Equipment & Services ETF

Proportion4.18%

Invesco S&P 500 Equal Weight Energy ETF

Proportion4.16%

Westwood Salient Enhanced Energy Income ETF

Proportion3.88%

Range Global LNG Ecosystem Index ETF

Proportion3.71%

ProShares Ultra Energy

Proportion3.07%

Energy Select Sector SPDR Fund

Proportion2.9%

Dividend

A total of 3.43B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Jan 30, 2025

BKR.NB Interim Cash Dividend of gross USD 0.23 paid on Feb 21, 2025 going ex on Feb 11, 2025

Feb 11, 2025

Feb 21, 2025

Feb 11, 2025

Oct 22, 2024

BKR.NB Final Cash Dividend of gross USD 0.21 paid on Nov 14, 2024 going ex on Nov 04, 2024

Nov 04, 2024

Nov 14, 2024

Nov 04, 2024

Jul 25, 2024

BKR.NB Interim Cash Dividend of gross USD 0.21 paid on Aug 16, 2024 going ex on Aug 06, 2024

Aug 06, 2024

Aug 16, 2024

Aug 06, 2024

Apr 23, 2024

BKR.NB Interim Cash Dividend of gross USD 0.21 paid on May 16, 2024 going ex on May 03, 2024

May 06, 2024

May 16, 2024

May 03, 2024

Feb 01, 2024

BKR.NB Interim Cash Dividend of gross USD 0.21 paid on Feb 23, 2024 going ex on Feb 12, 2024

Feb 13, 2024

Feb 23, 2024

Feb 12, 2024

Oct 25, 2023

BKR.NB Final Cash Dividend of gross USD 0.2 paid on Nov 17, 2023 going ex on Nov 03, 2023

Nov 06, 2023

Nov 17, 2023

Nov 03, 2023

Jul 27, 2023

BKR.NB Interim Cash Dividend of gross USD 0.2 paid on Aug 18, 2023 going ex on Aug 07, 2023

Aug 08, 2023

Aug 18, 2023

Aug 07, 2023

May 16, 2023

BKR.NB Interim Cash Dividend of gross USD 0.19 paid on Jun 09, 2023 going ex on May 26, 2023

May 30, 2023

Jun 09, 2023

May 26, 2023

Jan 25, 2023

BKR.NB Interim Cash Dividend of gross USD 0.19 paid on Feb 17, 2023 going ex on Feb 03, 2023

Feb 06, 2023

Feb 17, 2023

Feb 03, 2023

Oct 27, 2022

BKR.NB Final Cash Dividend of gross USD 0.19 paid on Nov 18, 2022 going ex on Nov 04, 2022

Nov 07, 2022

Nov 18, 2022

Nov 04, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

36.420USD

Baker Hughes Co

36.420

Overview

Company