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...
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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