GE


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Baker Hughes, a GE company Declares Quarterly Dividend

HOUSTON & LONDON--(BUSINESS WIRE)--Aug. 3, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on August 24, 2018 to holders of record on August 14, 2018. The dividend will be funded ...

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Posted 13 days agoPress > Baker HughesGENYSE +2

Baker Hughes, a GE company Announces Second Quarter 2018 Results

Orders of $6.0 billion for the quarter, up 15% sequentially and up 9% year-over-year on a combined business basis* Revenue of $5.5 billion for the quarter, up 3% sequentially and up 2% year-over-year on a combined business basis GAAP operating income of $78 million for the quarter, inc ...

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Posted 27 days agoPress > ResultsEarningsGE +3

Baker Hughes, a GE company Reaches Agreement to Sell Natural Gas Solutions Business

LONDON & HOUSTON--(BUSINESS WIRE)--Jul. 18, 2018-- Baker Hughes, a GE company (NYSE: BHGE) today announced an agreement to sell its Natural Gas Solutions (NGS) business to two separate entities, First Reserveand Pietro Fiorentini S.p.A., for a combined value of $375 million. NGS is part of BHGE's T ...

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Posted 29 days agoPress > Baker HughesGEDivestment +6

Baker Hughes, a GE company Announces June 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Jul. 9, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for June 2018 was 959, down 8 from the 967 counted in May 2018, and down 1 from the 960 counted in June 2017. The international offshore rig count f ...

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Posted 1 month agoPress > Baker HughesGEUnited States +4

Baker Hughes, a GE company Wins Large Scope in Equinor’s Drilling and Well Services Contract

HOUSTON & LONDON--(BUSINESS WIRE)--Jun. 18, 2018-- Baker Hughes, a GE company (NYSE: BHGE) announced today that the company was awarded an integrated well services contract to support a large proportion of Equinor's drilling and well construction activities in the Norwegian sector of the North Sea ...

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Posted 1 month agoPress > Baker HughesGEEquinor +6

Baker Hughes, a GE Company Announces May 2018 Rig Counts

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for May 2018 was 967, down 11 from the 978 counted in April 2018, and up 10 from the 957 counted in May 2017. The international offshore rig count for May 2018 was 198, up 4 from the 194 counted in ...

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Posted 2 months agoPress > Baker HughesGERig Count +5

W&T Offshore and Baker Hughes, a GE company Announce Strategic Agreement for Joint Exploration & Development Program of 14 Drilling Projects in the Gulf of Mexico

BHGE to provide a full suite of integrated oilfield services and oilfield equipment including drilling, completions and production, and subsea production systems Latest example of collaboration between product companies aligned to customer's performance objectives HOUSTON--(BUSINESS WIRE)-- ...

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Posted 3 months agoPress > Baker HughesGEW&T Offshore +5

Uganda Government selects Consortium comprising YAATRA, BHGE, LionWorks, and Saipem to develop, finance, construct and operate a greenfield Oil Refinery in Hoima District, Uganda

When executed, this will help develop the industry infrastructure and provide livelihood for the Ugandan people and, by extension, other East African countries KAMPALA, Uganda, April 25, 2018/ -- Following the favourable evaluation of its private sector-led offer by the Uganda Governme ...

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Posted 3 months agoPress > UgandagovernmentYAATRA +11

Baker Hughes, a GE company Announces First Quarter 2018 Results

Apr 20, 2018 PDF Version Orders of $5.2 billion for the quarter, down 8% sequentially and up 9% year-over-year on a combined business basis* Revenue of $5.4 billion for the quarter, down 7% sequentially and up 1% year-over-year on a combined business basis GAAP ...

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Posted 3 months agoPress > Baker HughesGEResults +1

Baker Hughes, a GE Company Announces March 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Apr. 6, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for March 2018 was 972, down 7 from the 979 counted in February 2018, and up 29 from the 943 counted in March 2017. The international offshore rig c ...

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Posted 4 months agoPress > Baker HughesGERig Count +1

Baker Hughes, a GE Company Announces February 2018 Rig Counts

Mar 7, 2018 HOUSTON & LONDON--(BUSINESS WIRE)--Mar. 7, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for February 2018 was 979, up 19 from the 960 counted in January 2018, and up 38 from the 941 counted in February 2017. The internat ...

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Posted 5 months agoPress > Rig CountOffshoreBaker Hughes +2

GE to Help Increase Output and Reliability of Shell Petroleum Development Company’s Afam VI Plant in Nigeria

At optimal performance, the Afam VI plant can provide up to 15% of the total national grid-connected electricity GE's Services Agreement to Provide Total Plant Solutions for the 650MW Afam VI Combined-Cycle Plant GE's MXL2 Upgrade Will Add 30MW Capacity, Equal to Power approximately 200,0 ...

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Posted 6 months agoPress > NigeriaGEShell +3

Baker Hughes, a GE company Announces Expiration and Results of Any and All Tender Offers by Baker Hughes, a GE Company, LLC

Baker Hughes, a GE company (NYSE: BHGE) (“BHGE”) has announced that the previously announced cash tender offers (the “Any and All Tender Offers”) by its subsidiary, Baker Hughes, a GE company, LLC (“BHGE LLC”) to purchase any and all of its or its subsidiaries' outstanding 6.000% Senior Notes due 2 ...

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Posted 8 months agoPress > Baker HughesGETender Offer +1

Baker Hughes, a GE Company Announces October 2017 Rig Counts

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for October 2017 was 951, up 20 from the 931 counted in September 2017, and up 31 from the 920 counted in October 2016. The international offshore rig count for October 2017 was 204, up 14 from the ...

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Posted 9 months agoPress > Baker HughesGENYSE +2

Baker Hughes, a GE company Announces $3 Billion Share Repurchase

Baker Hughes, a GE company (NYSE: BHGE) ("BHGE" or the "Company") today announced that its Board of Directors has authorized Baker Hughes, a GE company, LLC (“BHGE LLC”) to repurchase up to $3 billion of its common units from BHGE and GE. The Company will use the proceeds from the sale of its BHGE ...

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Posted 9 months agoPress > Baker HughesGENYSE +2