Baker Hughes, a GE company will hold a webcast on Wednesday, January 24, 2018 to discuss the results for the fourth quarter and full year ending December 31, 2017. 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 An archived version of the [...]
Baker Hughes, a GE company announced today the pricing 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 aggregate [...]
Baker Hughes, a GE company announced today the early tender 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 , and [...]
Baker Hughes, a GE company announced today that the previously announced cash tender offers by its subsidiary, Baker Hughes, a GE company, LLC to purchase any and all of its or its subsidiaries’ outstanding 6.000% Senior Notes due 2018 and 7.500% Senior Notes due 2018 expired at 5:00 p.m., New York City time, on December 8, 2017. According to information provided by D.F. King & Co., Inc., the tender and information [...]
Baker Hughes, a GE company , announced today the consideration to be paid in the previously announced cash tender offers by its subsidiary, Baker Hughes, a GE company, LLC to purchase any and all of the following outstanding debt securities issued by BHGE LLC or its subsidiaries: 6.000% Senior Notes due 2018 ; and 7.500% Senior Notes due 2018 The Any and All Tender Offers will expire at 5:00 p.m., New York City time [...]
Baker Hughes, a GE company announced today that the Baker Hughes international rig count for November 2017 was 942, down 9 from the 951 counted in October 2017, and up 17 from the 925 counted in November 2016. The international offshore rig count for November 2017 was 183, down 21 from the 204 counted in October 2017, and down 28 from the 211 counted in November 2016. The average US rig count for November 2017 was 911 [...]
Baker Hughes, a GE company today announced that its subsidiary, Baker Hughes, a GE company, LLC has priced an offering of $3,950,000,000 aggregate principal amount of its senior notes, consisting of $1,250,000,000 aggregate principal amount of its 2.773% senior notes due 2022, $1,350,000,000 aggregate principal amount of its 3.337% senior notes due 2027 and $1,350,000,000 aggregate principal amount of its 4.080% senior [...]
Baker Hughes, a GE company , announced today the commencement of tender offers by its subsidiary, Baker Hughes, a GE company, LLC , for debt securities of BHGE LLC or its subsidiaries. The tender offers consist of offers to purchase for cash: 1) any and all of the outstanding 7.500% Senior Notes due 2018 and 6.000% Senior Notes due 2018 ; and 2) up to $175 million in aggregate purchase price of the outstanding 8.550 [...]
Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for October 2017 was 951, up 20 from the 931 counted in September 2017, and up 31 from the 920 counted in October 2016. The international offshore rig count for October 2017 was 204, up 14 from the 190 counted in September 2017, and up 4 from the 200 counted in October 2016. The average US rig count for October 2017 was [...]
Baker Hughes, a GE company (NYSE: BHGE) ("BHGE" or the "Company") today announced that its Board of Directors has authorized Baker Hughes, a GE company, LLC (“BHGE LLC”) to repurchase up to $3 billion of its common units from BHGE and GE. The Company will use the proceeds from the sale of its BHGE LLC common units to repurchase its Class A shares. In addition, the Company also announced its intention for BHGE [...]
Baker Hughes, a GE company (NYSE:BHGE) announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on November 22, 2017 to holders of record on November 6, 2017. 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 [...]
Baker Hughes, a GE company (NYSE:BHGE) ("BHGE" or the "Company") announced results today for the third quarter of 2017. Three Months Ended Combined Business Basis Variance September 30, June 30, September 30, Year-over- (in millions except per share amounts) 2017 2017 2016 Sequential year Orders $ 5,722 $ 5,590 $ 4,831 2% 18% Revenue 5,375 [...]
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