HOUSTON, Aug. 7, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for July 2014 was 1,382, up 38 from the 1,344 counted in June 2014, and up 77 from the 1,305 counted in July 2013. The international offshore rig count for July 2014 was 336, up 16 from the 320 counted in June 2014, and up 16 from the 320 counted in July 2013. The average U.S. rig count for July 2014 was [...]
- Record revenue of $5.9 billion for the quarter, up 8% year over year - Adjusted profit before tax from operations of $778 million, up 15% sequentially - Repurchase of $200 million of shares during the quarter HOUSTON, July 17, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today results for the second quarter of 2014 are as follows: Q2 2014 ...
- Well count increases 4.3% compared to the second quarter 2013 HOUSTON, July 11, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the U.S. onshore well count for the second quarter 2014 was 9,394 wells, up 428 wells or 5% compared to the first quarter 2014. Compared to the second quarter 2013, the well count was up 383 wells or 4%. Compared to the first quarter 2014, the well count increased [...]
HOUSTON, July 8, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for June 2014 was 1,336, down 14 from the 1,350 counted in May 2014, and up 3 from the 1,333 counted in June 2013. The international offshore rig count for June 2014 was 314, down 12 from the 326 counted in May 2014, and down 23 from the 337 counted in June 2013. The average U.S. rig count for June 2014 [...]
HOUSTON, June 10, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today the appointment of Greg Brenneman, chairman of CCMP Capital Advisors, LLC (CCMP Capital), and W.H. "Bill" Easter III, retired chairman, president, and chief executive officer of DCP Midstream, to its board of directors. Prior to his role as chairman, president, and CEO of DCP Midstream, Easter, age 64, served in several leadership [...]
HOUSTON, June 6, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that the international rig count for May 2014 was 1,350, up 1 from the 1,349 counted in April 2014, and up 67 from the 1,283 counted in May 2013. The international offshore rig count for May 2014 was 326, down 3 from the 329 counted in April 2014, and down 1 from the 327 counted in May 2013. The average U.S. rig count for May 2014 was [...]
HOUSTON, May 14, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that the Company's Senior Vice President and Chief Financial Officer, Peter A. Ragauss, will present at the UBS Global Oil and Gas Conference on Tuesday, May 20, 2014, at 9:05 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 [...]
HOUSTON, May 7, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for April 2014 was 1,349, up 4 from the 1,345 counted in March 2014, and up 48 from the 1,301 counted in April 2013. The international offshore rig count for April 2014 was 329, down 5 from the 334 counted in March 2014, and down 2 from the 331 counted in April 2013. The average U.S. rig count for April [...]
HOUSTON, April 29, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that it will hold its 2014 Analyst Conference in Tomball, Texas on Thursday, May 8 and Friday, May 9, 2014. Management presentations will be held on the morning of Friday, May 9, 2014 and will be available for the public to view via a live webcast starting at approximately 9:40 a.m. Eastern time. Management presentations will be [...]
HOUSTON, April 24, 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 $0.15 per share of common stock payable May 16, 2014, to holders of record on May 5, 2014. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the [...]
HOUSTON, April 23, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, July 17, 2014, to discuss results for the second quarter 2014, ending June 30, 2014. The call will begin at 8:30 a.m. Eastern time. The results are expected to be released on Thursday, July 17, 2014, before the market opens. To access the call via a live webcast, please visit our [...]
HOUSTON and OSLO, Norway, April 22, 2014 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) and Aker Solutions ASA (OSE:AKSO) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. The non-incorporated alliance will combine Aker Solutions' strengths in subsea production and processing systems with Baker Hughes' expertise [...]
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