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Last $968.55 MXN
Change Today 0.00 / 0.00%
Volume 0.0
BHI* On Other Exchanges
Symbol
Exchange
New York
SIX Swiss Ex
Mexico
Frankfurt
As of 4:09 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

baker hughes inc (BHI*) Snapshot

Open
$968.55
Previous Close
$968.55
Day High
$968.55
Day Low
$968.55
52 Week High
04/23/15 - $1,049
52 Week Low
10/14/14 - $703.97
Market Cap
421.0B
Average Volume 10 Days
580.0
EPS TTM
--
Shares Outstanding
434.7M
EX-Date
06/1/15
P/E TM
--
Dividend
$0.67
Dividend Yield
1.00%
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.

53,700 Employees
Last Reported Date: 04/21/15
Founded in 1972

baker hughes inc (BHI*) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.2M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $732.3K
Chief Legal & Governance Officer and Senior V...
Total Annual Compensation: $742.2K
Chief Integration Officer and Vice President
Total Annual Compensation: $691.9K
Chief Strategy Officer and Vice President
Total Annual Compensation: $634.6K
Compensation as of Fiscal Year 2014.

baker hughes inc (BHI*) Key Developments

Independent Oil and Gas PLC Extends Seismic Remapping Agreement with Baker Hughes

Independent Oil and Gas PLC (IOG) announced that it is extending its seismic remapping agreement with Baker Hughes ' Reservoir Development Services (RDS) group to better understand resource potential for its Blythe and Cronx/Elgood projects in the Southern North Sea (SNS), with an expected delivery date of late July 2015. RDS will also evaluate IOG's future prospects and discoveries in the SNS including, Truman, Harvey, Hambleton, Tetley and Rebellion. The companies intend to expand the relationship beyond the evaluation phase to other services that Baker Hughes could provide for field planning and development. The extended agreement comes after IOG commissioned RDS to complete a remapping project on 3D seismic data it purchased in 2014. RDS provided a set of maps showing the Rotliegendes, Carboniferous and Hauptdolomit hydrocarbon bearing zones in the SNS. This work helped remove uncertainties relating to commercial volumes in both discoveries and will now be further enhanced with new data purchased by IOG. Baker Hughes' RDS group maximizes profitability for E&P operations by providing the expertise to improve reservoir understanding, engineer value-added solutions, and efficiently manage a field.

Aker Solutions and Baker Hughes to Cooperate on Early-Phase Oil and Gas Studies

Aker Solutions and Baker Hughes agreed to cooperate on early-phase studies to help customers improve the overall economics and value of oil and gas field developments. Aker Solutions' Front End Spectrum unit and Baker Hughes' Reservoir Development Services group will provide customers with development concept studies that address the entire value chain - from reservoir understanding and well design to subsea and topsides facilities, including flow assurance and risk management. Each company has expertise from the full spectrum of field development. Initial customer studies are already under way. The new agreement comes after Aker Solutions and Baker Hughes in 2014 formed the Subsea Production Alliance to develop solutions that will boost output, increase recovery rates and reduce costs at subsea fields. The alliance uses Aker Solutions' capabilities in subsea production and processing and Baker Hughes' expertise in well completions and artificial-lift technology to deliver integrated in-well and subsea systems solutions. The importance of cooperating during the early phase of a project was recognized quickly in the alliance. The Front End Spectrum unit and Reservoir Development Services group maintain independent offices in Houston, Oslo, London, Aberdeen, Kuala Lumpur, Perth, Dubai, Abu Dhabi and Moscow. Aker Solutions' Front End Spectrum unit provides expertise in subsea and topsides systems, life-of-field production management and flow assurance. Baker Hughes' Reservoir Development Services group uses its subsurface expertise to improve reservoir understanding and determine efficient methods to capture a field's full potential.

Baker Hughes Incorporated Presents at SPE London Annual Conference 2015, Jun-09-2015 through Jun-10-2015

Baker Hughes Incorporated Presents at SPE London Annual Conference 2015, Jun-09-2015 through Jun-10-2015. Venue: One Great George Street, Westminster, London, SW1P 3AA, United Kingdom. Presentation Date & Speakers: Jun-10-2015, Chris Ward, Vice President, Europe, Africa, Russian, Caspian, Reservoir Development Services.

 

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Industry Analysis

BHI*

Industry Average

Valuation BHI* Industry Range
Price/Earnings 33.7x
Price/Sales 1.2x
Price/Book 1.5x
Price/Cash Flow 33.4x
TEV/Sales 0.9x
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