HOUSTON, Nov. 7, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for October 2014 was 1,308, down 15 from the 1,323 counted in September 2014, and down 7 from the 1,315 counted in October 2013. The international offshore rig count for October 2014 was 326, down 7 from the 333 counted in September 2014, and up 10 from the 316 counted in October 2013. The average U.S. rig [...]
HOUSTON, Oct. 22, 2014 /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 November 14, 2014, to holders of record on November 3, 2014. Baker Hughes is a leading supplier of oilfield services, products, technology and systems [...]
- Record revenue of $6.25 billion for the quarter, up 5% sequentially - Record EBITDA of $1.12 billion, up 3% sequentially - Record free cash flow for the quarter of $725 million - Repurchase of $200 million of shares during the quarter HOUSTON, Oct. 16, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today results for the third quarter of 2014 are as follows: ...
- Well count increases 5.4% compared to the third quarter 2013 HOUSTON, Oct. 10, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that the U.S. onshore well count for the third quarter 2014 was 9,566 wells, up 110 wells or 1% compared to the second quarter 2014. Compared to the third quarter 2013, the well count was up 491 wells or 5%. Compared to the second quarter 2014, the well count increased [...]
HOUSTON, Oct. 7, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for September 2014 was 1,323, down 16 from the 1,339 counted in August 2014, and up 39 from the 1,284 counted in September 2013. The international offshore rig count for September 2014 was 333, up 18 from the 315 counted in August 2014, and up 20 from the 313 counted in September 2013. The average U.S. rig [...]
Company supports mission to end breast cancer forever HOUSTON, Oct. 2, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that for the second consecutive year, it will contribute USD 100,000 to support Susan G. Komen®, the world's leading breast cancer organization, in its efforts to end breast cancer forever. Martin Craighead, chairman and chief executive officer of Baker Hughes, will present a check [...]
Company introduces greater transparency while protecting innovation HOUSTON, Oct. 1, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that it has implemented a new policy of disclosing 100% of the chemistry contained within its hydraulic fracturing fluid systems, without the use of any trade secret designations. The company announced in March of this year its plans to provide complete lists of all of [...]
HOUSTON, Sept. 8, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that Kimberly A. Ross, has been appointed Senior Vice President and Chief Financial Officer (CFO) effective October 22, 2014. Ross currently serves as Executive Vice President and CFO of Avon Products, Inc. She served as Executive Vice President and CFO of Royal Ahold N.V. from 2007 to 2011 and held various other finance positions at [...]
HOUSTON, Sept. 8, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for August 2014 was 1,339, down 43 from the 1,382 counted in July 2014, and up 72 from the 1,267 counted in August 2013. The international offshore rig count for August 2014 was 315, down 21 from the 336 counted in July 2014, and up 6 from the 309 counted in August 2013. The average U.S. rig count for [...]
HOUSTON, Sept. 4, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) and Aker Solutions (OSE: AKSO) announced today that they have received the necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. Earlier this year, Baker Hughes and Aker Solutions agreed to form an alliance to develop technology for production solutions designed to boost output, increase recovery rates and reduce [...]
HOUSTON, Sept. 2, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) and Weatherford International plc (NYSE: WFT) today announced that they have closed the previously announced purchase and sale of Weatherford's pipeline and specialty services business. Logo - http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO The acquisition provides Baker Hughes with an expanded range of pre-commissioning, deepwater and [...]
HOUSTON, Aug. 22, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that the Company's Chairman and Chief Executive Officer, Martin Craighead, will present at the Barclays CEO Energy-Power Conference on Wednesday, September 3, 2014, at 9:45 a.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 [...]
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