Baker Hughes IncorporatedHouston, TX, United States (NYSE: BHI)

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Baker Hughes Company Description

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, makes submersible pumps, and provides equipment and well services. Baker Hughes' revenues is fairly evenly split between its Drilling and Evaluation and Completion and Production segments.

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The Company Description provides a historical perspective of Baker Hughes's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Baker Hughes's evolution in the marketplace.

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