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Last $62.84 USD
Change Today -0.46 / -0.73%
Volume 5.1M
BHI On Other Exchanges
Symbol
Exchange
New York
SIX Swiss Ex
Mexico
Frankfurt
As of 8:04 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

baker hughes inc (BHI) Snapshot

Open
$64.03
Previous Close
$63.30
Day High
$64.50
Day Low
$62.77
52 Week High
07/2/14 - $75.64
52 Week Low
10/16/14 - $47.51
Market Cap
27.3B
Average Volume 10 Days
4.2M
EPS TTM
$4.17
Shares Outstanding
434.5M
EX-Date
03/2/15
P/E TM
15.1x
Dividend
$0.68
Dividend Yield
1.05%
Current Stock Chart for BAKER HUGHES INC (BHI)

baker hughes inc (BHI) Related Businessweek News

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baker hughes inc (BHI) Details

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which include drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; drilling optimization services; tools for coil tubing drilling and wellbore re-entry systems; coring drilling systems; surface logging; emulsion and water-based drilling fluids systems; reservoir drill-in fluids; and fluids environmental services. Its drilling and evaluation products and services also comprise wire line services, such as tools for open hole and cased hole well logging to gather data to perform petro physical and geophysical analysis; reservoir evaluation coring; casing perforation; fluid characterization; production logging; well integrity testing; pipe recovery; and seismic and micro seismic services. In addition, the company provides completion and production products and services consisting of completion systems used to control the flow of hydrocarbons within a wellbore; wellbore intervention products and services to enhance the performance of existing wellbores; intelligent production system products and services to monitor and control the production from individual wells or fields; artificial lifts, such as electric submersible pump systems, progressing cavity pump systems, gas lift systems, and surface horizontal pumping systems to lift oil and water; chemicals and chemical application systems; and cementing, stimulation, and coil tubing services. Further, it offers industrial products and services to the downstream chemicals, and process and pipeline industries. The company operates in approximately 80 countries. Baker Hughes Incorporated was founded in 1972 and is headquartered in Houston, Texas.

62,000 Employees
Last Reported Date: 02/26/15
Founded in 1972

baker hughes inc (BHI) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.1M
Chief Legal & Governance Officer and Senior V...
Total Annual Compensation: $715.3K
Chief Integration Officer and Vice President
Total Annual Compensation: $643.1K
Chief Strategy Officer and Vice President
Total Annual Compensation: $595.8K
Compensation as of Fiscal Year 2013.

baker hughes inc (BHI) Key Developments

Halliburton And Baker Hughes To Seek Buyers Assets Next Month

Halliburton Company (NYSE:HAL) and Baker Hughes Incorporated (NYSE:BHI) intend to start seeking buyers in April 2015 for as much as $10 billion in assets that they need to sell to complete their merger, people with knowledge of the matter said. The companies are planning to divest at least four batches of overlapping business lines, the people said. These include Halliburton’s drill bits and directional drilling operations and Baker Hughes’s cementing division, the people said. They also plan to divest a bundle of their completion-tools lines and could select financial advisers to oversee the sales by the end of March 2015, according to the people. The divestments are needed to satisfy antitrust concerns and the size could range from $7 billion to $10 billion, one of the people said. Halliburton has said it would divest businesses that account for as much as $7.5 billion in revenue for regulatory approval. Halliburton’s shares rose 1.8% and Baker Hughes’ shares climbed 1.7%.

Baker Hughes Reports Slower Drilling Activity in February

Baker Hughes reported slower drilling activity in February 2015, with rig count, the number of drilling rigs actively exploring for or developing oil or natural gas, decreasing at its international, worldwide, U.S., and Canadian operations. The company said international rig count for the month declined year-over-year to 1,275 from 1,341, while worldwide rig count stood at 2,986, down 750 from the 3,736 counted in February 2014. Its U.S. and Canadian operations also saw decreases of 421 and 263, respectively.

Baker Hughes Cuts More Texas Jobs

Baker Hughes Inc. will close a plant at 2100 Industrial Blvd. in Alice, Texas, about 46 miles west of Corpus Christi. There is no work to be performed at the plant, Baker Hughes told the Texas Workforce Commission in a recent letter. The plant closure affects 51 employees. They will be paid for the 60-day period and benefits will continue for three months following the closure, which was expected to occur on or about Feb. 9. The eliminations are part of large-scale cuts the company is undergoing.

 

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BHI Competitors

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Company Last Change
Ecolab Inc $114.26 USD +0.44
Fluor Corp $57.47 USD 0.00
Halliburton Co $43.18 USD -0.28
National Oilwell Varco Inc $48.95 USD -0.09
Veolia Environnement SA €17.97 EUR +0.435
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Industry Analysis

BHI

Industry Average

Valuation BHI Industry Range
Price/Earnings 16.2x
Price/Sales 1.1x
Price/Book 1.5x
Price/Cash Flow 16.0x
TEV/Sales 0.9x
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