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Baker Hughes

Company nameBaker Hughes Incorporated
Company typePublic (Nyse - BHI)
S&P 500 Component
SloganCore Values of Integrity, Teamwork, Performance & Learning
IndustryOil and Gas
Founded1987 (merger)
HeadquartersAmerican General Center
Houston, Texas, U.S.
Area servedWorldwide
Key peopleChadwick C. Deaton
(Chairman) & (CEO)
ProductsOilfield services equipment
Revenue(+)US$14.41B (FY 2010)
Operating income(+)US$1,417M (FY 2010)
Net income(+)US$812M (FY 2010)
Total assets(+)US$22.875B (FY 2010)
Total equity(+)US$14.286B (FY 2010)
Employees56,000+ (2010)

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Baker Hughes (Nyse - BHI) Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion, production and reservoir consulting. Baker Hughes operates in over 90 countries worldwide mainly based in countries with a mature petroleum industry as is the case with most oil & gas service companies. Baker Hughes has its headquarters in the America Tower in the American General Center in Neartown, Houston.

Baker Hughes Incorporated was formed when Baker International and Hughes Tool Company merged in 1987. Baker Hughes operates worldwide with major offices in Liverpool, United Kingdom, Singapore, Dubai, Research & Maintenance Facility in Celle, Germany, Lafayette, Louisiana, Houston, Texas, Pescara, Italy, and Kuala Lumpur, Malaysia. The company is administered broadly in two Hemispheres; Eastern Hemisphere with five Regions (Europe, Africa, Middle East, Asia Pacific & Russia/Caspian) and Western Hemisphere with four Regions (Canada, US Land, US Gulf & Latin America); each of these Regions is subdivided into Geo Markets.

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