HOUSTON, Oct. 25, 2013 /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 November 15, 2013, to holders of record on November 4, 2013. Baker Hughes is a leading supplier of oilfield services, products, technology and systems [...]
Companies collaborate to enhance production in mature fields, offshore Malaysia HOUSTON, Oct. 23, 2013 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) today announced that PETRONAS Carigali Sdn. Bhd. (PCSB) has entered into a long-term Oilfield Service Agreement (OFSA) with Baker Hughes to enhance the recoverable reserves and production of hydrocarbons in the Greater D18 fields, offshore Malaysia. The 23-year agreement [...]
- Record revenue of $5.8 billion - Adjusted net income of $0.81 per diluted share including $0.09 per diluted share for bad debt provisions in Latin America - Record Eastern Hemisphere revenue and operating profit, with revenue increasing 20% compared to the third quarter of 2012 HOUSTON, Oct. 18, 2013 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today results for the third quarter of 2013 are as follows [...]
- Continued improvement in drilling efficiencies during the third quarter drives U.S. well count higher, despite static rig count. - Permian, Williston, and Eagle Ford basins continue to be the most active areas in the U.S. HOUSTON, Oct. 11, 2013 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the U.S. onshore Well Count for the third quarter 2013 is 9,175 wells; up 164 wells or 2% from the revised [...]
HOUSTON, Oct. 7, 2013 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for September 2013 was 1,284, up 17 from the 1,267 counted in August 2013, and up 30 from the 1,254 counted in September 2012. The international offshore rig count for September 2013 was 313, up 4 from the 309 counted in August 2013, and up 20 from the 293 counted in September 2012. The average U.S. rig [...]
HOUSTON, Sept. 9, 2013 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that the international rig count for August 2013 was 1,267, down 38 from the 1,305 counted in July 2013, and up 6 from the 1,261 counted in August 2012. The international offshore rig count for August 2013 was 309, down 11 from the 320 counted in July 2013, and up 9 from the 300 counted in August 2012. The average U.S. rig count for [...]
HOUSTON, Sept. 4, 2013 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that the global oilfield service company's Chairman and Chief Executive Officer Martin Craighead will present at the Barclays CEO Energy – Power Conference on Wednesday, September 11, 2013, at 10:25 a.m. Eastern time. If you would like to listen to the presentation and view the presentation materials during the conference, please log [...]
HOUSTON, Aug. 21, 2013 /PRNewswire/ -- Baker Hughes Inc. (NYSE: BHI) announced today that it has scheduled a conference call on Friday, October 18, 2013, to discuss results for the third quarter 2013, ending September 30, 2013. The call will begin at 8 a.m. EDT. The results are expected to be released on Friday, October 18, 2013, before the market opens. To access the call via a live webcast, please visit our "Events and [...]
PR Newswire HOUSTON, Aug. 7, 2013 HOUSTON, Aug. 7, 2013 /PRNewswire/ -- Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for July 2013 was 1,305, down 28 from the 1,333 counted in June 2013, and up 41 from the 1,264 counted in July 2012. The international offshore rig count for July 2013 was 320, down 17 from the 337 counted in June 2013, and up 33 from the 287 counted in July 2012. The [...]
HOUSTON, July 25, 2013 /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 August 16, 2013, to holders of record on August 5, 2013. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to [...]
HOUSTON, July 19, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today net income on a GAAP basis for the second quarter of 2013 of $240 million or $0.54 per diluted share. This includes after-tax charges of $20 million ($0.05 per diluted share) for bad debt provisions in Latin America and $7 million ($0.02 per diluted share) for an inventory charge related to certain proppants used [...]
HOUSTON, July 18, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today the introduction of the Baker Hughes Well Count, a new index that provides key U.S. onshore well count data to the oil and gas industry. The proprietary count will be available on a quarterly basis. The Baker Hughes Well Count is a natural extension of the Baker Hughes Rig Count, which has provided key activity data for more [...]
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