Verified employee & interview reviews

Baker Hughes Reviews

Houston, Texas

4.0/ 5

2 reviews

Baker Hughes Company is an American global energy technology company and one of the world's largest oilfield services providers. Co-headquartered in Houston, Texas, and London, United Kingdom, the company operates across more than 120 countries with an estimated global workforce of 56,000 employees. Tracing its origins back to groundbreaking early 20th-century innovations, its history began with the founding of Baker Oil Tools in 1907 and the Hughes Tool Company in 1908. The modern corporate entity was established via a $728 million stock swap merger in 1987, forming Baker Hughes Incorporated. Following a temporary merger with GE Oil & Gas in 2017 to create Baker Hughes, a GE Company (BHGE), the firm regained full market independence when General Electric fully divested its remaining stakes by 2019. The company is publicly traded on the Nasdaq Stock Exchange under the ticker symbol BKR and is a component of both the S&P 500 and the Nasdaq-100 indices. Led by Chairman, President, and Chief Executive Officer Lorenzo Simonelli, Baker Hughes serves a highly diverse international customer base across the petroleum, petrochemical, refining, and industrial manufacturing sectors. Financially robust, the company reported consolidated annual revenue from operations of US$27.7 billion, an operating income of US$2.97 billion, and a net income of US$2.59 billion for the fiscal year ending December 31, 2025. Following a major strategic reorganization in late 2022, the company divides its diverse technical operations into two primary business segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). The OFSE vertical delivers specialized products, services, and technologies optimized for the lifecycle of upstream oil and gas wells. This extensive portfolio includes well construction, drilling tool engineering, completions, wireline evaluation systems, production optimization, and subsea or surface pressure management infrastructure. The IET business segment encompasses gas technology equipment, industrial products, power generation, mechanical drives, and digital optimization solutions. It designs, services, and manufactures high-efficiency equipment such as gas and steam turbines, compressors, precision process sensors, valves, and non-destructive testing software. Furthermore, Baker Hughes actively expands its technological capabilities to align with global green energy transitions. It provides cutting-edge engineering solutions targeting industrial decarbonization, emissions reduction, hydrogen production, geothermal energy deployment, and advanced Carbon Capture, Utilization, and Storage (CCUS) projects. Widely recognized for its engineering expertise, the enterprise also serves as a vital macroeconomic benchmark through its widely referenced publication, the Baker Hughes Rig Count, which tracks global drilling activities.