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Baker Hughes A GE Co (BHGE.N)

BHGE.N on New York Stock Exchange

20.88USD
23 Aug 2019
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$-0.55 (-2.57%)
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Latest Key Developments (Source: Significant Developments)

Baker Hughes A GE Co Declared Dividend Of $.18 Per Share Of Class A Common Stock
Friday, 2 Aug 2019 11:00am EDT 

Aug 2 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES A GE CO - DECLARED A CASH DIVIDEND OF $.18 PER SHARE OF CLASS A COMMON STOCK.  Full Article

Baker Hughes A GE Co Says Cash Flow Expectations For 2019 Are Unchanged - Conf Call
Wednesday, 31 Jul 2019 11:23am EDT 

July 31 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES A GE CO - IN NORTH AMERICA, WE EXPECT U.S. PRODUCTION TO GROW OVER THE COMING YEARS, EVEN AS CAPEX SLOWS - CONF CALL.BAKER HUGHES A GE CO - SHARE VIEW THAT CAPEX ACROSS N.AMERICAN OPERATORS WILL BE DOWN IN 2019, MAJORITY TO BE AROUND PRESSURE PUMPING - CONF CALL.BAKER HUGHES A GE CO - AT OILFIELD SERVICES, SEEING POSITIVE MOMENTUM ON INTERNATIONAL PRICING - CONF CALL.BAKER HUGHES A GE CO - CASH FLOW EXPECTATIONS FOR YEAR ARE UNCHANGED - CONF CALL.BAKER HUGHES A GE CO - WHILE EARLIER-THAN-PLANNED DELIVERIES IN Q2 WILL IMPACT QUARTERLY REVENUE PROFILE, REMAIN CONFIDENT IN FY OUTLOOK- CONF CALL.  Full Article

Baker Hughes, A GE Company Announces Second Quarter 2019 Revenue Of $6.0 Bln
Wednesday, 31 Jul 2019 06:45am EDT 

July 31 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES SECOND QUARTER 2019 RESULTS.Q2 REVENUE $6.0 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.81 BILLION.Q2 GAAP LOSS PER SHARE $0.02.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.20.OUR OUTLOOK FOR 2019 IS UNCHANGED.Q2 EARNINGS PER SHARE VIEW $0.19 -- REFINITIV IBES DATA.  Full Article

Arcline Investment Management To Buy Reciprocating Compression Division Of Baker Hughes, A GE Co
Thursday, 18 Jul 2019 06:00am EDT 

July 18 (Reuters) - Baker Hughes A GE Co ::ARCLINE INVESTMENT MANAGEMENT TO ACQUIRE THE RECIPROCATING COMPRESSION DIVISION OF BAKER HUGHES, A GE COMPANY.ARCLINE INVESTMENT MANAGEMENT TO ACQUIRE RECIPROCATING COMPRESSION DIVISION OF BAKER HUGHES, A GE COMPANY.  Full Article

Baker Hughes A GE Co Posts Q1 Revenue of $5.615 Billion
Tuesday, 30 Apr 2019 06:45am EDT 

April 30 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 REVENUE $5.615 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.63 BILLION.Q1 GAAP EARNINGS PER SHARE $0.06.ORDERS OF $5.7 BILLION FOR QUARTER, DOWN 17% SEQUENTIALLY AND UP 9% YEAR-OVER-YEAR.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.15.IN QUARTER, U.S. RIG COUNT DROPPED SLIGHTLY LESS THAN EXPECTED, AND INTERNATIONAL ACTIVITY REMAINED STEADY.BAKER HUGHES - IN OILFIELD SERVICES, SAW TYPICAL SEASONAL DECLINES IN VOLUME SEQUENTIALLY, AND STRONG Y-O-Y GROWTH ACROSS ALL PRODUCT LINES DURING QUARTER.BAKER HUGHES - "NEXT WAVE OF LNG PROJECTS WILL BE POSITIVE FOR US, AND WE CONTINUE TO SEE ENCOURAGING SIGNS IN THE OFFSHORE MARKET".QTRLY OILFIELD SERVICES REVENUE OF $2,986 MILLION, UP 12%.Q1 EARNINGS PER SHARE VIEW $0.13 -- REFINITIV IBES DATA.  Full Article

Baker Hughes CEO Lorenzo Simonelli's FY 2018 Total Compensation Was About $16 Mln
Monday, 25 Mar 2019 05:34pm EDT 

March 25 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES A GE CO SAYS CEO LORENZO SIMONELLI'S FY 2018 TOTAL COMPENSATION WAS ABOUT $16 MILLION VERSUS $12.6 MILLION IN FY 2017 - SEC FILING.BAKER HUGHES A GE CO SAYS CFO BRIAN WORRELL'S FY 2018 TOTAL COMPENSATION WAS $7.3 MILLION VERSUS $5.8 MILLION IN FY 2017 - SEC FILING.BAKER HUGHES A GE CO SAYS RATIO OF 2018 TOTAL COMPENSATION OF CEO TO ESTIMATED 2018 MEDIAN OF ANNUAL TOTAL COMPENSATION OF CO'S EMPLOYEES WAS 207 TO 1.  Full Article

Baker Hughes A GE Co - Worldwide Rig Count For November 2018 Was 2,266
Friday, 7 Dec 2018 06:00am EST 

Dec 7 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES NOVEMBER 2018 RIG COUNTS.BAKER HUGHES, A GE COMPANY ANNOUNCES NOVEMBER 2018 RIG COUNTS.BAKER HUGHES A GE CO - WORLDWIDE RIG COUNT FOR NOVEMBER 2018 WAS 2,266, DOWN 5 FROM 2,271 COUNTED IN OCTOBER 2018.BAKER HUGHES A GE CO - BAKER HUGHES INTERNATIONAL RIG COUNT FOR NOVEMBER 2018 WAS 991, DOWN 26 FROM 1,017 COUNTED IN OCTOBER 2018.BAKER HUGHES A GE CO - AVERAGE U.S. RIG COUNT FOR NOVEMBER 2018 WAS 1,077, UP 15 FROM 1,062 COUNTED IN OCTOBER 2018.BAKER HUGHES A GE CO - AVERAGE CANADIAN RIG COUNT FOR NOVEMBER 2018 WAS 198, UP 6 FROM 192 COUNTED IN OCTOBER 2018.BAKER HUGHES A GE CO - AVERAGE U.S. RIG COUNT FOR NOVEMBER 2018 WAS 1,077, UP 15 FROM 1,062 COUNTED IN OCTOBER 2018.BAKER HUGHES A GE CO - INTERNATIONAL OFFSHORE RIG COUNT FOR NOVEMBER 2018 WAS 206, DOWN 1 FROM 207 COUNTED IN OCTOBER 2018.  Full Article

Baker Hughes Announces Pricing Of Secondary Offering By GE
Wednesday, 14 Nov 2018 08:47am EST 

Nov 14 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF SECONDARY OFFERING BY GE.PRICING OF A SECONDARY OFFERING OF 92 MILLION SHARES OF BHGE CLASS A COMMON STOCK, PAR VALUE $0.0001 PER SHARE AT $23/SHARE.AGREED TO REPURCHASE FROM ONE OR MORE OF GE & AFFILIATES 65 MILLION SHARES OF CO'S CLASS B COMMON STOCK.INTENDS TO FUND SHARE REPURCHASE WITH CASH ON HAND AND OTHER AVAILABLE SOURCES OF LIQUIDITY.MAXIMUM AGGREGATE PURCHASE PRICE FOR SHARE REPURCHASE IS $1.5 BILLION.BASE SHARE REPURCHASE IS EXPECTED TO CLOSE ON NOVEMBER 16, 2018.SHARE REPURCHASE IS PURSUANT TO AND WILL COUNT TOWARD EXISTING SHARE REPURCHASE PROGRAM AUTHORIZED ON NOV 6.OFFERING AND SHARE REPURCHASE UNANIMOUSLY APPROVED BY CONFLICTS COMMITTEE AND CO'S BOARD.  Full Article

Baker Hughes, A GE Co, Declares Cash Dividend Of $0.18/Share Of Class A Common Stock Payable
Monday, 5 Nov 2018 02:42pm EST 

Nov 5 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES, A GE COMPANY DECLARES QUARTERLY DIVIDEND.BAKER HUGHES A GE CO - DECLARED A CASH DIVIDEND OF $.18 PER SHARE OF CLASS A COMMON STOCK PAYABLE.BAKER HUGHES A GE CO - DIVIDEND TO BE FUNDED BY DISTRIBUTION OF $.18 PER UNIT FROM BAKER HUGHES, A GE COMPANY, LLC TO ALL OF ITS MEMBERS, INCLUDING GE.  Full Article

BHGE, McDermott, L&T Hydrocarbon Engineering Win Largest Indian Subsea Project For ONGC's Prestigious 98/2 Block
Wednesday, 3 Oct 2018 08:00am EDT 

Oct 3 (Reuters) - Baker Hughes A GE Co ::BHGE, MCDERMOTT, L&T HYDROCARBON ENGINEERING WIN LARGEST INDIAN SUBSEA PROJECT FOR ONGC’S PRESTIGIOUS 98/2 BLOCK.BAKER HUGHES A GE CO - CO, MCDERMOTT , L&T UNIT, AWARDED SUBSEA CONTRACT FOR ONGC DEEPWATER PROJECT, DEVELOPMENT OF BLOCK DWN-98/2 IN KRISHNA GODAVARI BASIN.BAKER HUGHES A GE CO - DELIVERY IS SCHEDULED FOR 2020 FOR GAS SYSTEM AND 2021 FOR OIL SYSTEM..  Full Article

U.S. oil rig count at Jan 2018 low in deepest cut since April: Baker Hughes

U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.