Baker Hughes

Houston, United States Founded: 1987 • Age: 39 yrs Acquired By SK Capital
Oil field services for drilling and production are provided globally.
Annual revenue $27.8B Latest available
Total funding - 11 rounds
Employees 57000 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Baker Hughes

Baker Hughes is a company based in Houston (United States) founded in 1987 was acquired by SK Capital in October 2020. It operates as a AI-as-a-Service, Managed Services, and Direct-to-Consumer (D2C). The company has 57,000 employees as of December 31, 2024. Baker Hughes has completed 15 acquisitions, including ARMS Reliability, AccessESP and Alstom Inspection Robotics. Baker Hughes offers products and services including Oilfield Services & Equipment, Liquefied Natural Gas (LNG) Solutions, Energy Transition Solutions, and Industrial Technology Solutions.

  • Headquarter Houston, United States
  • Employees 57000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Baker Hughes Company
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $27.83 B (USD)
    9.11
    as on Dec 31, 2024
  • Net Profit
    $2.98 B (USD)
    53.32
    as on Dec 31, 2024
  • EBITDA
    $4.52 B (USD)
    21.22
    as on Dec 31, 2024
  • Latest Funding Round
    $36.36 K (USD), Grant

    Dec 01, 2021

  • Investors
  • Employee Count
    57000

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    SK Capital

    (Oct 01, 2020)

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IPO & Listings of Baker Hughes

Baker Hughes is a publicly listed company on the NASDAQ with ticker symbol BKR in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: BKR · Sector: Industrial services · USA

Products & Services of Baker Hughes

Baker Hughes offers a comprehensive portfolio of products and services, including Oilfield Services & Equipment, Liquefied Natural Gas (LNG) Solutions, Energy Transition Solutions, and Industrial Technology Solutions.

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Primary

Solutions are provided for efficient oilfield operations management.

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Technology is offered for reliable LNG project execution.

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Innovations are developed for net-zero energy industry goals.

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Efficiency is enhanced in processing and manufacturing industries.

People of Baker Hughes

Headcount 10000+
Employee Profiles 754
Board Members and Advisors 9
Employee Profiles
People
Jolene Evans
Senior Commercial Manager
People
Shaun Baker
Regional Technical Sales Manager
People
Dewi Hafiza
Senior Recruiter
People
Ajit Menon
Geothermal Leader And Energy Transition

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Board Members and Advisors
people
W. Geoffrey Beattie
Board Member
people
Gregory Brenneman
Board Member
people
Clarence Cazalot
Board Member
people
Cynthia B. Carroll
Board Member

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Funding Insights of Baker Hughes

Investors in Baker Hughes

Baker Hughes has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, OSTI.GOV and SK Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A global private investment firm focused on specialty sectors.
Locked Locked Locked
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
Scientific and technical information is managed and disseminated by OSTI.GOV.
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Investor details for Baker Hughes

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Investments & Acquisitions by Baker Hughes

Baker Hughes has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include ARMS Reliability, AccessESP and Alstom Inspection Robotics.

Investments
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Investment portfolio details for Baker Hughes

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of carbon capture solutions
Locked Locked 2018 Locked
Advanced materials for carbon capture from gases
Locked Locked 2016 Locked
Provider of provides wireline, wireline tractor, and logging services
Locked Locked 2014 Locked
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Complete acquisition details for Baker Hughes

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Financial Statements - Baker Hughes

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Detailed financials for Baker Hughes

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Baker Hughes Comparisons

Baker Hughes Primary company
Description
Oil field services for drilling and production are provided ...
Location
Houston, United States
Founded Year
1987
Annual Revenue
$27.83 B (USD)
Net Profit
$2.98 B (USD)
EBITDA
$4.52 B (USD)
Employees
57,000
As of 2024
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Peer comparison for Baker Hughes

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Competitors of Baker Hughes

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Detailed competitors of Baker Hughes

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Latest news on Baker Hughes

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Complete news archive for Baker Hughes

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Frequently Asked Questions about Baker Hughes

Baker Hughes was founded in 1987 and raised its 1st funding round 21 years after it was founded.

Baker Hughes is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Martin Craighead is the current CEO of Baker Hughes.

As of Dec 31, 2024, the latest employee count at Baker Hughes is 57,000.

Annual revenue of Baker Hughes is $27.83B as on Dec 31, 2024.

Baker Hughes is established as a leading energy technology company that develops and deploys advanced solutions for energy and industrial sectors. Operations are centered on oilfield services, liquefied natural gas, industrial technology, and energy transition initiatives. Comprehensive portfolios are offered, including digitalization, AI, and automation for remote operations and decarbonization. Support is provided to clients aiming for efficiency, reliability, and sustainability. Efforts are made to reduce emissions and drive cleaner energy through hydrogen technologies, geothermal solutions, and carbon capture systems. Global industries are served with a commitment to net-zero goals and long-term value creation.

Baker Hughes offers Oilfield Services & Equipment, Liquefied Natural Gas (LNG) Solutions, Energy Transition Solutions, and Industrial Technology Solutions.

Yes, Baker Hughes is publicly traded on NASDAQ under the ticker symbol BKR.

Baker Hughes has made 15 acquisitions, including ARMS Reliability, AccessESP, and Alstom Inspection Robotics.

Baker Hughes has 3 investors. Key investors include European Union, OSTI.GOV, and SK Capital.

The ticker symbol of Baker Hughes is BKR on NASDAQ.

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