Baker Hughes, a GE company announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 1, 2018 to holders of record on May 22, 2018. The dividend will be funded by a distribution of $.18 per unit from Baker Hughes, a GE company, LLC to all of its members, including GE. About Baker Hughes, a GE company Baker Hughes, a GE company is the world’s [...]
Baker Hughes, a GE company announced today that the Baker Hughes international rig count for April 2018 was 978, up 6 from the 972 counted in March 2018, and up 22 from the 956 counted in April 2017. The international offshore rig count for April 2018 was 194 up 6 from the 185 counted in March 2018, and down 7 from the 201 counted in April 2017. The average U.S. rig count for April 2018 was 1,011, up 22 from the 989 [...]
At Offshore Technology Conference today, W&T Offshore Inc. and Baker Hughes, a GE company announced a strategic partnership related to W&T’s joint exploration and development program, which includes 14 drilling projects, most of which are operated by W&T in the Gulf of Mexico. The project utilizes a commercial model that consolidates BHGE engineering, products and services expertise in order to reduce total project [...]
Baker Hughes, a GE company announced results today for the first quarter of 2018. Three Months Ended Combined Business Basis Variance March 31, 2018 December 31, 2017 March 31, 2017 Sequential Year-over- year Orders $ 5,238 $ 5,701 $ 4,817 % 9 % Revenue 5,399 5,799 5,324 % 1 % Operating income 39 63 % U Adjusted operating income * 228 284 283 % % Net income attributable to BHGE 70 31 N/A 126 % N/A Adjusted net income [...]
Baker Hughes, a GE company announced today that the Baker Hughes international rig count for March 2018 was 972, down 7 from the 979 counted in February 2018, and up 29 from the 943 counted in March 2017. The international offshore rig count for March 2018 was 185, down 9 from the 194 counted in February 2018, and down 12 from the 197 counted in March 2017. The average U.S. rig count for March 2018 was 989, up 20 from the [...]
Baker Hughes, a GE company will hold a webcast on Friday, April 20, 2018 to discuss the results for the first quarter ending March 31, 2018. The webcast is scheduled to begin at 9:30 a.m. Eastern Time . A press release announcing the results will be issued at 6:45 a.m. Eastern Time . To access the webcast, listeners should visit the BHGE website at: investors.bhge.com. An archived version of the webcast will be available [...]
Baker Hughes, a GE company announced today that the Baker Hughes international rig count for February 2018 was 979, up 19 from the 960 counted in January 2018, and up 38 from the 941 counted in February 2017. The international offshore rig count for February 2018 was 194, down 2 from the 196 counted in January 2018, and down 6 from the 200 counted in February 2017. The average U.S. rig count for February 2018 was 969, up [...]
Baker Hughes, a GE company announced today that the Baker Hughes international rig count for January 2018 was 960, up 6 from the 954 counted in December 2017, and up 27 from the 933 counted in January 2017. The international offshore rig count for January 2018 was 196, up 5 from the 191 counted in December 2017, and down 10 from the 206 counted in January 2017. The average US rig count for January 2018 was 937, up 7 from [...]
Baker Hughes, a GE company announced results today for the fourth quarter of 2017 and the total year ended December 31, 2017. Three Months Ended Combined Business Basis Variance December 31, 2017 September 30, 2017 December 31, 2016 Sequential Year-over- year Orders $ 5,757 $ 5,722 $ 5,869 1 % % Revenue 5,763 5,375 5,924 7 % % Operating loss 25 % U Adjusted operating income * 303 240 361 26 % % Net loss attributable to [...]
Baker Hughes, a GE company announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on February 16, 2018 to holders of record on February 5, 2018. The dividend will be funded by a distribution of $.18 per unit from Baker Hughes, a GE company, LLC to all of its members, including GE. About Baker Hughes, a GE company Baker Hughes, a GE company is the [...]
Baker Hughes, a GE company announced today that the Baker Hughes international rig count for December 2017 was 954, up 12 from the 942 counted in November 2017, and up 25 from the 929 counted in December 2016. The international offshore rig count for December 2017 was 191, up 8 from the 183 counted in November 2017, and down 19 from the 210 counted in December 2016. The average US rig count for December 2017 was 930, up [...]
Baker Hughes, a GE company announced today the final results of the previously announced cash tender offers by its subsidiary, Baker Hughes, a GE company, LLC to purchase up to $175 million in aggregate purchase price of the outstanding 8.550% Debentures due 2024 and 6.875% Notes due 2029 . The terms and conditions of the Maximum Tender Offers are described in the Offer to Purchase, dated December 4, 2017 . The pricing [...]
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