Baker Hughes Company BKR
Baker Hughes Company is a global energy technology company that provides comprehensive solutions for the oil and gas industry and broader energy sector. The company operates through two primary segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE offers products and services for well construction, completions, intervention, measurements, production solutions, and subsea and surface pressure systems, serving upstream oil and gas operators worldwide. IET focuses on gas technology equipment and services, industrial products and solutions, and climate technology solutions, catering to the broader industrial and energy transition markets. Baker Hughes serves a diverse customer base including major integrated oil companies, national oil companies, independent operators, and industrial clients across more than 120 countries. The company's business model combines equipment manufacturing with service delivery, generating revenue through both product sales and long-term service contracts while investing in research and development to advance energy technologies and support the global energy transition.
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