Baker Hughes and WPAG helped develop and pilot the new program, which drives consistency, service quality and risk mitigation across operations HOUSTON, March 9, 2016 /PRNewswire/ -- Baker Hughes announced today that it is the first service company to have enrolled in the new Regional Operational Integrity Program™ (ROIP) for the petroleum and natural gas industry and to receive Gold Recognition for its Gulf of [...]
HOUSTON, March 7, 2016 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for February 2016 was 1,018, down 27 from the 1,045 counted in January 2016, and down 257 from the 1,275 counted in February 2015. The international offshore rig count for February 2016 was 225, down 17 from the 242 counted in January 2016, and down 99 from the 324 counted in February 2015. The average U.S [...]
HOUSTON, Feb. 5, 2016 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for January 2016 was 1,045, down 50 from the 1,095 counted in December 2015, and down 213 from the 1,258 counted in January 2015. The international offshore rig count for January 2016 was 242, down 8 from the 250 counted in December 2015, and down 72 from the 314 counted in January 2015. The average U.S. rig [...]
HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable March 23, 2016 to holders of record on March 2, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the [...]
- Revenue of $3.4 billion for the quarter and $15.7 billion for the year - Sequential and year-over-year decremental operating margins for the quarter were 33% and 32%, respectively - GAAP net loss per share of $2.35 for the quarter, includes $2.14 per share of impairment and restructuring charges and merger-related costs - Free cash flow up 25% sequentially to $436 million for the quarter, and $1.2 billion for the year [...]
Halliburton Company (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) today noted the decision by the European Commission (the “Commission”) to initiate a Phase II review of Halliburton’s pending acquisition of Baker Hughes. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160112006384/en/ This decision is a normal step in the Commission's [...]
HOUSTON, Jan. 8, 2016 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014. The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015, and down 88 from the 338 counted in December 2014. The average U.S [...]
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that it will release its financial results for the fourth quarter and full year of 2015 before the market opens on Thursday, January 28, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 49,000 employees today work in more than 80 [...]
Halliburton Company (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) today announced that they expect that their timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching a settlement or the DOJ initiating litigation at this time to block their pending transaction. The DOJ has informed the companies that it does not believe that the remedies offered to date are [...]
HOUSTON, Dec. 7, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that the international rig count for November 2015 was 1,109, down 2 from the 1,111 counted in October 2015, and down 215 from the 1,324 counted in November 2014. The international offshore rig count for November 2015 was 259, down 11 from the 270 counted in October 2015, and down 82 from the 341 counted in November 2014. The average U.S [...]
HOUSTON, Nov. 6, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for October 2015 was 1,111, down 29 from the 1,140 counted in September 2015, and down 197 from the 1,308 counted in October 2014. The international offshore rig count for October 2015 was 270, up 2 from the 268 counted in September 2015, and down 56 from the 326 counted in October 2014. The average U.S. rig [...]
HOUSTON, Oct. 21, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable December 24, 2015 to holders of record on December 3, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to [...]
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