HOUSTON, Feb. 6, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for January 2015 was 1,258, down 55 from the 1,313 counted in December 2014, and down 67 from the 1,325 counted in January 2014. The international offshore rig count for January 2015 was 314, down 24 from the 338 counted in December 2014, and up 12 from the 302 counted in January 2014. The average U.S. rig [...]
HOUSTON, Jan. 22, 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 March 25, 2015, to holders of record on March 4, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the [...]
- Record revenue of $6.6 billion for the quarter and $24.6 billion for the year - Record adjusted earnings per share of $1.44 for the quarter, up 41% sequentially - GAAP earnings per share of $1.52 for the quarter, an increase of 77% sequentially - Record free cash flow of $1.6 billion generated during 2014 HOUSTON, Jan. 20, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today results for the fourth [...]
HOUSTON, Jan. 9, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for December 2014 was 1,313, down 11 from the 1,324 counted in November 2014, and down 22 from the 1,335 counted in December 2013. The international offshore rig count for December 2014 was 338, down 3 from the 341 counted in November 2014, and up 32 from the 306 counted in December 2013. The average U.S [...]
- Well count increases 5.1% compared to the fourth quarter 2013 HOUSTON, Jan. 9, 2015 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the U.S. onshore well count for the fourth quarter 2014 was 9,544 wells, relatively unchanged compared to the third quarter 2014. Compared to the fourth quarter 2013, the well count was up 461 wells or 5%. Compared to the third quarter 2014, the well count increased [...]
HOUSTON, Dec. 15, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, January 20, 2015, to discuss results for the fourth quarter 2014, ending December 31, 2014. The call will begin at 8:00 a.m. Eastern time. The results are expected to be released before the conference call on Tuesday, January 20, 2015. To access the call via a live webcast, please visit [...]
HOUSTON, Dec. 5, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for November 2014 was 1,324, up 16 from the 1,308 counted in October 2014, and up 13 from the 1,311 counted in November 2013. The international offshore rig count for November 2014 was 341, up 15 from the 326 counted in October 2014, and up 25 from the 316 counted in November 2013. The average U.S. rig [...]
Halliburton Company (NYSE:HAL) today announced its Board of Directors has appointed Executive Vice President and Chief Financial Officer Mark McCollum to the new role of Executive Vice President and Chief Integration Officer. In this capacity, he will serve as head of the Joint Integration Team that Halliburton and Baker Hughes Inc. (NYSE:BHI) are assembling in connection with Halliburton’s pending acquisition of Baker [...]
HOUSTON, Nov. 21, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that the Company's Vice President and Chief Strategy Officer, Derek Mathieson, will present at Wells Fargo's 2014 Energy Symposium on Wednesday, December 10, 2014, at 1:00 p.m. Eastern time. If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events [...]
Halliburton Company (NYSE:HAL) and Baker Hughes Inc. (NYSE:BHI) today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share, representing an equity value of $34.6 billion and enterprise value of $38.0 billion, based on Halliburton’s closing price on November 12, 2014, the [...]
HOUSTON, Nov.14, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) today announced receipt of notice from Halliburton Company that it intends to nominate candidates to replace the entire board of directors of Baker Hughes at its Apr. 2015 annual meeting. The nominations followed discussions between the parties regarding a potential business combination transaction, and Halliburton's refusal to improve its first and [...]
HOUSTON, Nov. 13, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) today confirmed that it has engaged in preliminary discussions with Halliburton Company regarding a potential business combination transaction. These discussions may or may not lead to any transaction. Baker Hughes does not intend to comment further on market speculation or disclose any developments unless and until it otherwise deems further [...]
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