+1.800.229.7447

Baker Hughes Incorporated
2929 Allen Parkway
Houston, TX 77019

Alondra Oteyza

Director, Investor Relations

713.439.8822

2016 Financial News

Keyword Search
 
 
2016 | 2015 | 2014 | 2013 | 2012
DateTitle 
07/28/16Baker Hughes Declares Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Jul. 28, 2016-- 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 August 19, 2016 to holders of record on August 8, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwid... 
Printer Friendly Version
07/28/16Baker Hughes Announces Second Quarter Results
Revenue of $2.4 billion for the quarter, down 10% sequentially and 39% year-over-year GAAP net loss per share of $2.08 for the quarter, includes $1.18 per share of adjusting items Cash flows from operating activities were $3.6 billion for the quarter Bond purchases of $1 billion face value and share repurchases of $500 million during the quarter HOUSTON--(BUSINESS WIR... 
Printer Friendly Version
06/24/16Baker Hughes Announces Date for Second Quarter 2016 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Jun. 24, 2016-- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its second quarter financial results on Thursday, July 28, 2016, at 7:00 a.m. Eastern Time (6:00 a.m. Central Time). The company’s management will host an investor conference call to discuss results at 8:00 a.m. Eastern Time (7:00 a.m. Central Time). The conference call will broadcast live via a webcast that can be accessed ... 
Printer Friendly Version
06/09/16Baker Hughes Announces Pricing Terms of Tender Offer for Certain Outstanding Debt Securities
HOUSTON--(BUSINESS WIRE)--Jun. 9, 2016-- Baker Hughes Incorporated (the “Company”) (NYSE:BHI) announced today the pricing terms of its previously announced cash tender offer (the “Tender Offer”) for up to $1 billion combined aggregate principal amount (the “Maximum Tender Amount”) of its or its subsidiary’s 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125... 
Printer Friendly Version
06/09/16Baker Hughes Announces Early Results of Tender Offer for Certain Outstanding Debt Securities
HOUSTON--(BUSINESS WIRE)--Jun. 9, 2016-- Baker Hughes Incorporated (the “Company”) (NYSE:BHI) announced today that, pursuant to its previously announced cash tender offer (the “Tender Offer”) for up to $1 billion combined aggregate principal amount (the “Maximum Tender Amount”) of its or its subsidiary’s 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125% ... 
Printer Friendly Version
05/25/16Baker Hughes Announces Organizational and Leadership Changes
Changes align with plans to build on company’s strength as a product innovator Simplified structure achieves cost efficiencies, supports enhanced commercial strategy and allows the company to better serve customers HOUSTON, May 25, 2016 (GLOBE NEWSWIRE) -- Baker Hughes Incorporated (BHI:NYSE) announced today changes to its organizational structure and senior leadership team. The changes follow the company’s May 2 announcement of its plans to capitalize on its leadership position as ... 
Printer Friendly Version
05/25/16Baker Hughes Announces Tender Offers for Certain Outstanding Debt Securities
HOUSTON, May 25, 2016 (GLOBE NEWSWIRE) -- Baker Hughes Incorporated (the “Company”) (NYSE:BHI) announced today that it has commenced a tender offer (the “Tender Offer”) to purchase for cash up to $1 billion combined aggregate principal amount (the “Maximum Tender Amount”) of its or its subsidiary’s 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125% Senior Notes due 2040 (collectively, the “Notes... 
Printer Friendly Version
05/02/16Baker Hughes outlines path for the future
- To reduce costs by simplifying its organization and rationalizing its operational footprint - Commercial strategy focused on its core strengths in product innovation, while building broader channels for its technology and products - Announces plans to buy back $1.5 billion of shares and $1 billion of debt with $3.5 billion merger breakup fee - Chairman and CEO Martin Craighead and Chief Financial Officer Kimberly Ross to provide more details on Tuesday, May 3 at 7 a.m. Central Tim... 
Printer Friendly Version
05/01/16Halliburton and Baker Hughes Announce Termination of Merger Agreement
HOUSTON--(BUSINESS WIRE)--May 1, 2016-- Halliburton Company (NYSE:HAL) and Baker Hughes Incorporated (NYSE:BHI) today announced that the companies have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160501005039/en/ “While both companies expected the proposed merger to result in compelling ... 
Printer Friendly Version
04/27/16Baker Hughes Announces First Quarter Results
- Revenue of $2.7 billion for the quarter, down 21% sequentially and 42% year-over-year - Sequential and year-over-year decremental operating margins for the quarter were 28% and 13%, respectively - GAAP net loss per share of $2.22 for the quarter includes $1.14 per share of tax valuation allowances and $0.64 per share of adjusting items - Operating results include costs in excess of 500 bps, in excess of $0.25 per share, retained in compliance with the merger agreement HOUSTON, Ap... 
Printer Friendly Version
04/18/16Baker Hughes Declares Quarterly Dividend
HOUSTON, April 18, 2016 /PRNewswire/ -- 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 June 22, 2016 to holders of record on June 1, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 39,000 employe... 
Printer Friendly Version
03/29/16Baker Hughes Announces First Quarter 2016 Earnings Release Date
HOUSTON, March 29, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its financial results for the first quarter of 2016 before the market opens on Wednesday, April 27, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 43,000 employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and proces... 
Printer Friendly Version
01/28/16Baker Hughes Declares Quarterly Dividend
HOUSTON, Jan. 28, 2016 /PRNewswire/ -- 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 March 23, 2016 to holders of record on March 2, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 43,000 employ... 
Printer Friendly Version
01/28/16Baker Hughes Announces Fourth Quarter and Annual Results
- Revenue of $3.4 billion for the quarter and $15.7 billion for the year - Sequential and year-over-year decremental operating margins for the quarter were 33% and 32%, respectively - GAAP net loss per share of $2.35 for the quarter, includes $2.14 per share of impairment and restructuring charges and merger-related costs - Free cash flow up 25% sequentially to $436 million for the quarter, and $1.2 billion for the year HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Baker Hughes Incorporat... 
Printer Friendly Version
01/12/16Halliburton and Baker Hughes Respond to European Commission Action
HOUSTON--(BUSINESS WIRE)--Jan. 12, 2016-- Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today noted the decision by the European Commission (the “Commission”) to initiate a Phase II review of Halliburton’s pending acquisition of Baker Hughes. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160112006384/en/ This decision is a normal step in the Commission's... 
Printer Friendly Version
01/05/16Baker Hughes Announces Fourth Quarter 2015 Earnings Release Date
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its financial results for the fourth quarter and full year of 2015 before the market opens on Thursday, January 28, 2016.  Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 49,000 employees today work in more than 80 countries helping customers find, evaluate, drill, produce, tra... 
Printer Friendly Version