Baker Hughes Company

Baker Hughes announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 10, 2022 to holders of record on May 31, 2022. About Baker Hughes: Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our [...]

Baker Hughes Company announced results today for the first quarter of 2022. Three Months Ended Variance March 31, December 31, March 31, Year-over- 2022 2021 2021 Sequential year Orders $ 6,837 $ 6,656 $ 4,541 3% 51% Revenue 4,835 5,485 4,782 % 1% Operating income 279 574 164 % 70% Adjusted operating income 348 571 270 % 29% Adjusted EBITDA 625 844 562 % 11% Net income attributable to Baker Hughes 72 294 % F Adjusted net [...]

Baker Hughes , an energy technology company, has been awarded a contract by TERNA, the construction arm of GEK TERNA Group, to supply gas turbines and compressors that can run on a blend of natural gas and hydrogen for a new compression station of the Greek Natural Gas Transmission System. The compression station will serve domestic gas supply in Greece. Baker Hughes will provide three compression trains for a total of [...]

Energy technology company Baker Hughes is collaborating with C3 AI , Accenture and Microsoft on industrial asset management solutions for clients in the energy and industrial sectors. The collaboration will focus on creating and deploying Baker Hughes IAM solutions that use digital technologies to help improve the safety, efficiency, and emissions profile of industrial machines, field equipment, and other physical assets [...]

Baker Hughes announced it has suspended new investments for its Russia operations. The Company is continuing to comply with applicable laws and sanctions as it fulfills current contractual obligations. "The crisis in Ukraine is of grave concern and we strongly support a diplomatic solution. We condemn violence and our hearts go out to the people and families of those impacted," said Lorenzo Simonelli, chairman & CEO of [...]

Baker Hughes will hold a webcast on Wednesday, April 20, 2022 to discuss the results for the first quarter ending March 31, 2022. The webcast is scheduled to begin at 8:30 a.m. Eastern Time . A press release announcing the results will be issued at 7:00 a.m. Eastern Time . To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on the [...]

Baker Hughes has been awarded a contract and granted notice to proceed by Venture Global LNG to provide a liquefied natural gas system for the first phase of the Plaquemines LNG project in Louisiana. The highly-efficient liquefaction train system supplied by Baker Hughes is modularized, helping to lower construction and operational costs with a "plug and play" approach that enables faster installation. Baker Hughes [...]

Baker Hughes , an energy technology company, has joined a strategic partnership with and invested in NET Power to advance the technical and commercial deployment of NET Power's low-cost, electric power system that generates no atmospheric emissions and inherently captures all carbon dioxide . The partnership, which brings together industry expertise to enable the global deployment of NET Power's technology solution [...]

Baker Hughes announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on February 18, 2022 to holders of record on February 7, 2022. About Baker Hughes: Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our [...]

Firm announces new organizational structure and enabling strategies to further broaden its capabilities, services and solutions to become a full-service engineering and consulting firm Michael Baker International, a global leader in engineering, planning and consulting services, announced today that the firm is implementing a new organizational structure to Reimagine Michael Baker, which will better position the company [...]