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Baker Hughes Incorporated · Houston, TX United States ·(NYSE: BHI)

Company Description

2929 Allen Pkwy. Ste. 2100
Houston, TX
77019
United States (Map)
Phone: 713-439-8600
Fax: 713-439-8699
Rankings
  • #436 in FT Global 500
  • #227 in FORTUNE 500
  • S&P 500
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Baker Hughes cooks up a baker's dozen of products and services for the global petroleum market. Through its Drilling and Evaluation segment, Baker Hughes makes products and services used to drill oil and natural gas wells. Through its Completion and Production segment, the company provides equipment and services used from the completion phase through the productive life of oil and natural gas wells. The company tests potential well sites and drills and operates the wells; it also makes bits and drilling fluids and submersible pumps, and provides equipment and well services. In a major industry consolidation, in 2009 Baker Hughes agreed to buy oil field services titan BJ Services for $5.5 billion. To read the full description, subscribe now.
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Key Baker Hughes Incorporated Financials

Company TypePublic - NYSE: BHI

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$11,864.0
2008 Employees39,800

Baker Hughes Incorporated Executives

38 executives listed for Baker Hughes Incorporated's Houston, TX location.
TitleName & BioContact
Chairman, President, and CEOChad DeatonNetwork
SVP and COOMartin CraigheadNetwork
SVP and CFOPeter RagaussNetwork

Competition

Competitive Landscape for Baker Hughes Incorporated
Demand for machinery depends on overall industrial activity and on the health of sectors such as agriculture, construction, and power generation. The profitability of individual companies depends on engineering expertise and efficient production. Large companies have economies of scale in purchasing. Small companies can compete effectively by specializing. The industry is capital-intensive: average annual revenue per worker is about $320,000. To read the full description, subscribe now.
Top Baker Hughes Incorporated Competitors
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