Baker Hughes

Baker Hughes

Oil and Gas

Houston, Texas 2,481,895 followers

We take energy forward – making it safer, cleaner, and more efficient for people and the planet.

About us

Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. For more than a century, our inventions have revolutionized energy. We harness the power of engineering, data, and science to redefine what's possible. Our diverse portfolio of equipment and service capabilities span the energy and industrial value chain. Our two operating segments, Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET), are organized based on the nature of our markets and customers, and consist of similar products and services. Visit us at bakerhughes.com to learn more.

Industry
Oil and Gas
Company size
10,001+ employees
Headquarters
Houston, Texas
Type
Public Company
Specialties
Energy technology, Oilfield services and equipment, Liquified natural gas (LNG), Turbomachinery and process solutions, Industrial asset management, Subsea production, Emissions management, Decarbonization solutions, Hydrogen energy, Geothermal energy, Carbon capture, utilization, and storage, Additive manufacturing, Clean, integrated power, Non-metallic solutions, Remote operations, Measurement and sensing, Digital, AI, Asset Performance Management (APM), Energy Transition, and Sustainable energy technology

Locations

Employees at Baker Hughes

Updates

  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    We are at a pivotal juncture in our journey to net-zero. It is time to not just navigate change, but to energize change, together. Watch as Chairman & CEO, Lorenzo Simonelli, opens the Baker Hughes Annual Meeting 2024 with a collective call to action to create the systemic change that is needed to address the trilemma of security, sustainability, and affordability. Learn more about the event at https://lnkd.in/gvAVcSDb #BHAM2024 #WeAreBakerHughes #EnergizingChange #Energy #EnergyForward #Innovation #Sustainability

    Opening Keynote: Energizing Change at the Baker Hughes Annual Meeting 2024

    Opening Keynote: Energizing Change at the Baker Hughes Annual Meeting 2024

    www.linkedin.com

  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    We're excited to announce that this week, we're launching a new podcast series 🎙️: 'Let's talk Sustainability'. In episode 1 🔗 https://lnkd.in/ghrvTZsF, we join Allyson Anderson Book as she explores ''What are the economics of a just transition?'' together with the Resources for the Future team. Note: this session was originally recorded for educational purposes for an internal Baker Hughes audience. #Sustainability #SustainableEnergyDevelopment #EnergyTransition #BHStories #WeAreBakerHughes

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  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    Recently, Hurricane Helene caused unprecedented, widespread damage across the southeastern U.S. While we can report that our employees and operations have been spared from major damage, communities in Florida, North Carolina, South Carolina, Tennessee, Georgia, and Virginia are dealing with major destruction, and our hearts are with the affected communities. We’re deeply committed to supporting those in need during this difficult time. Through the Baker Hughes Foundation, we have provided a $25,000 disaster relief grant to All Hands and Hearts (AHAH), a volunteer-powered organization on the frontlines of disaster recovery. https://lnkd.in/geFWd7CT AHAH is working tirelessly to clear debris, restore access, and support long-term recover efforts in the hardest hit areas, and we’re honored to stand alongside them in helping communities rebuild. To learn more about how you can help, visit AHAH’s Hurricane Helene Relief Fund at https://lnkd.in/gJEjWzSm #CommunitySupport #CommunityImpact #HurricaneHelene #WeAreBakerHughes

  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    As a leading energy technology provider, we’re focused on optimizing efficiency of the resources we use, minimizing environmental impact at every stage of energy production and consumption, and providing long-term value for people and the planet. Our engagements last week during #ClimateWeekNYC demonstrated our commitment for cross-industry collaboration to execute global sustainability goals, and we are proud to have taken part in critical conversations around ways we can drive the energy transition, propel progress, and champion the positive change that is already happening. Throughout the event, our leaders: ✔️ Highlighted our ESG performance, emphasizing our commitment to sustainability as part of our corporate strategy and our progress towards achieving our net-zero goals through absolute emissions reductions. As one of the signatories of the United Nations Global Compact (UNGC) supporting the UN Sustainable Development Goals and Methane Guiding Principles, we have articulated a wholistic sustainability strategy to execute our sustainability goals. ✔️ Shared ways we’re advancing sustainability for our customers, showcasing our new energies portfolio and climate technologies like CCUS, hydrogen, geothermal, and abatement solutions, and discussing our life-cycle assessments methodology ✔️ Spoke about our Carbon Out employee engagement program, which enables our global teams across our businesses to identify actions that reduce our direct and indirect emissions footprint- to date with over 1,000 projects in our pipeline ✔️ Stressed the importance of sustainability and diversity in the supply chain, touching on both our commitment to reducing our indirect emissions from purchased goods and services and our robust supplier social responsibility program (SSRP) The time for us to lead and act for integrated climate action is now, requiring creative, open, and unprecedented collaboration for the next frontier. Thank you to the Climate Group for providing a forum to progress collective sustainability goals, and to our many partners, customers and stakeholders for contributing in the dialogues. #ClimateWeek #SustainableEnergyDevelopment #EnergyTechnology #ClimateChange #EmissionsReduction

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  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    October is Global Diversity Awareness Month, a time to reflect on the strength of our differences and recognize the advancements that can be made when diversity of ethnicities, cultures, heritages, and experiences are embraced throughout the workplace. Diverse teams drive innovation, creativity, and deeper insights, challenging conventional thinking and fueling growth. It’s important to not just acknowledge diversity- but celebrate it. In our latest Diversity, Equity, and Inclusion Annual Report, we highlighted several ways we’re prioritizing inclusion in action, including: ✔️ Increasing our commitment to growing a diverse supply chain ✔️ Expanding our CORE learning offerings available to employees to include sessions on inclusive leadership, unconscious bias, and cultural intelligence ✔️ Creating a #LetsTalkCulture series featuring Baker Hughes leaders to hear first-hand how they’re embedding culture into their teams ✔️ Supporting nonprofit organizations and social change around the world through the Baker Hughes Foundation ✔️ Hosting numerous events in partnerships with our Employee Resource Groups (ERG’s) and customers, centered around DE&I initiatives Check out the full report here: https://lnkd.in/gcuDszHv By celebrating diversity, we build stronger, more dynamic, resilient teams and foster a culture where everyone feels valued and heard. Thank you to our entire team whose collective efforts are taking diversity, and energy, forward. #DiversityAwareness #DiversityAwarenessMonth #DEI #Culture #WeAreBakerHughes

  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    How do we meet the world’s growing demand for energy while making it cleaner, safer, and more efficient? We believe the answer lies in technology. Our solutions help industry operators and users advance on the path to net-zero and a sustainable energy future.    Find out more here 🔗: https://lnkd.in/gJrwgaUr and learn about our clean power solutions that are energizing change for a cleaner, greener future. #TechTuesdays   #CleanPower #EnergyTechnology #EnergyTransition #EnergyTrilemma NET Power

  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    The bill for achieving net zero will total into the trillions of dollars. Someone somewhere has to pay for new infrastructure, new technologies, research and development. But who should it be?   During the Baker Hughes Annual Meeting 2024, esteemed panelists discussed the pressing need for innovative funding models that will meet the disparate needs of economies across the globe and assessed what is needed to bolster investor confidence and stimulate cash flows to transition projects.    Check out our latest #EnergizingChange #LinkedInNewsletter to learn more.   #NetZero #EnergyPolicy #EnergyTechnology #WeAreBakerHughes

    Financing for Net-Zero (or How to Fund the Trilemma?)

    Financing for Net-Zero (or How to Fund the Trilemma?)

    Baker Hughes on LinkedIn

  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    Together with our partners, we thrive on joint innovation efforts, leveraging each other's strengths to create cutting-edge solutions leading to shared intellectual property and expanded service offerings in energy and industrial sectors. Our commitment to a circular economy and addressing challenges like Scope 3 supply emissions is paving a comprehensive and considerate path forward in the energy sector. You can find out more in our Sustainability report here: https://lnkd.in/g5rYf_gi Watch this video and learn from energy and industry thought leaders as they explain how striving for global alignment and scaling impact is not only sustainable for the environment but also for the economy and society at large. You can also visit our Annual Meeting 2024 proceedings page for more great content: https://lnkd.in/gTh5sBw9 #EnergizingChange #CircularEconomy #SustainableEnergyDevelopment #EnergyTechnology #TakingEnergyForward #WeAreBakerHughes

  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    This week, our oilfield services and equipment (OFSE) teams are in New Orleans for #ATCE2024, showcasing the solutions that are making oilfield operations safer, more efficient, and sustainable. See below for a recap of the event: ✅ Vice president of subsurface and consulting services, Alejandro Duran, participated in a panel with Society of Petroleum Engineers International to discuss initiatives that #SPE can implement to support the long-term success and satisfaction of its members within today's energy landscape. ✅ The production solutions group hosted an exciting customer event highlighting the wins and capabilities of the Leucipa™ automated field production solution. https://lnkd.in/gEzd9-xQ ✅ “We are 100% Production Solutions” sponsored Mardi Gras-themed floats for attendees to celebrate the vibrant city of New Orleans while featuring innovative digital solutions and Black Magic SFT, an industry leading spotting fluid. ✅ Baker Hughes experts presented technical papers on HSE, new energies, completions and well intervention, CO2 injection well design, and a variety of topics in drilling. ✅ Subject-matter experts from all OFSE product lines led presentations at our booth each day to present new, cutting-edge technology and solutions to over 6,000 attendees. During ATCE 2024, we were able to celebrate innovation throughout the industry and cultivate conversation about the best ways to expand and improve energy production operations globally. This is how we take energy forward. Thank you to our team who made this event a success. #WeAreBakerHughes #ATCE #OilandGas #OilProduction #NewEnergy #HSE

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  • View organization page for Baker Hughes, graphic

    2,481,895 followers

    #TechTuesdays trivia: Did you know that we installed turbines for the world’s first-ever geothermal project? With over 40 years of geothermal expertise, we've established the largest global install base of geothermal ESPs and set industry records with our artificial lift technology's longest run life. Today, we're continuing to revolutionize geothermal energy by connecting subsurface and surface with a cutting-edge technology portfolio—S2S™ from heat to power solutions. This innovation enhances production efficiency, safety, and sustainability, and also helps to reduce CapEx/TotEx, improve NPV, and increase ROI. Visit our website to learn more about our geothermal solutions: https://lnkd.in/gTdzHJyd #Geothermal #EnergyProduction #GeothermalEnergy #RenewableEnergy Ajit Menon

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Stock

BKR

NASDAQ

20 minutes delay

$37.55

0.33 (0.887%)

Open
37.29
Low
36.99
High
37.98

Data from Refinitiv

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Funding

Baker Hughes 1 total round

Last Round

Post IPO debt

US$ 3.0B

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