Baker Hughes Company BKR

Baker Hughes Company is a leading provider of integrated oilfield products, services, and digital solutions focused on the oil and gas value chain. The company offers solutions to help customers acquire, transport, and refine hydrocarbons more efficiently. The company was founded in April 1987, organised in Delaware, and has its headquarters located in Houston, Texas. Formerly known as Baker Hughes Incorporated, it merged with GE Oil and Gas in 2017, becoming Baker Hughes. In 2019, the company parted ways with GE and renamed itself as Baker Hughes Company.

The company designs, manufactures, and helps to service innovative technologies that aim to improve energy use and distribution. Baker Hughes supplies its systems to the global oil and gas industry. The company also assists other businesses that use chemical and pipelines services, as well as energy technologies. Baker Huges operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The company has a strategic collaboration with Air Products and Chemicals, Inc. to develop hydrogen compression systems.

Baker Hughes Company is listed on the NYSE under the ticker BKR, where it has traded publicly since 1961.

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