713.439.8600

Baker Hughes Incorporated
17021 Aldine Westfield
Houston, Texas 77073

Alondra Oteyza

Director, Investor Relations

713.439.8822

2017 News

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DateTitle 
02/09/17Saudi Aramco and Baker Hughes Introduce Innovative Cable-Deployed ESP System
TransCoil rigless-deployed ESP expands the operating envelope and improves reliability vs. existing alternative deployment systems HOUSTON--(BUSINESS WIRE)--Feb. 9, 2017-- Saudi Aramco and Baker Hughes (NYSE:BHI) announced today the first installation of the TransCoil™ rigless-deployed electrical submersible pumping (ESP) system, which is designed to help operators bring wells on production faster and lower the costs associated with installing and ... 
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02/07/17Baker Hughes Announces January 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--Feb. 7, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2017 was 933, up 4 from the 929 counted in December 2016, and down 112 from the 1,045 counted in January 2016. The international offshore rig count for January 2017 was 206, down 4 from the 210 counted in December 2016, and down 36 from the 242 counted in January 2016. The average U.S. rig count for Jan... 
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01/26/17Baker Hughes Declares Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Jan. 26, 2017-- Baker Hughes Incorporated (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 $0.17 per share of common stock payable February 17, 2017 to holders of record on February 6, 2017. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worl... 
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01/26/17Baker Hughes Announces Fourth Quarter and Annual Results
Revenue of $2.4 billion for the quarter, up 2% sequentially. Full-year revenue was $9.8 billion GAAP net loss attributable to Baker Hughes of $417 million for the quarter includes the negative impact of $291 million of adjusting items and $107 million of income taxes Adjusted EBITDA (non-GAAP measure) was $266 million for the quarter and $493 million for the year Cash flows from operati... 
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01/09/17Baker Hughes Announces December 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Jan. 9, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2016 was 929, up 4 from the 925 counted in November 2016, and down 166 from the 1,095 counted in December 2015. The international offshore rig count for December 2016 was 210, down 1 from the 211 counted in November 2016, and down 40 from the 250 counted in December 2015. The average U.S. rig count for... 
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01/04/17Baker Hughes Announces Date for Fourth Quarter and Full Year 2016 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Jan. 4, 2017-- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its financial results for the fourth quarter and full year of 2016 on Thursday, January 26, 2017, at 6:30 a.m. Eastern Time (5:30 a.m. Central Time). The company’s management will host an investor conference call to discuss results at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The conference call will broadcast live via... 
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