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Baker Hughes Incorporated Business Reports

Baker Hughes Incorporated Overview

Address

2929 Allen Pkwy.,
Ste. 2100 Houston, 
TX 77019 United States
Phone: 713-439-8600
Fax:713-439-8699

Baker Hughes Incorporated Rankings

#170 in FORTUNE 500 (May 2011) 
#S&P 500 
#274 in FT Global 500 (June 2011)

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. It also makes bits and drilling fluids and submersible pumps. Its Industrial service segment provides equipment and services for the refining, process, and pipeline industries. Since 1944 Baker Hughes has published a weekly report that counts active drilling rigs, and which serves as a barometer for the industry.

Baker Hughes Incorporated Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • Company History
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.

  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.

  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Machinery Manufacturing Industry Report
  • Oil & Gas Field Services Industry Report

Machinery Manufacturing Industry Report

Purchase Report
 
$129

Overview

The US machinery manufacturing industry includes more than 20,000 companies with combined annual revenue of about $315 billion. Major companies include Applied Materials, Baker Hughes, Carrier, Caterpillar, Deere, Kennametal, and divisions of General Electric. The industry, which is fragmented overall, is made up of numerous segments that are concentrated.

SIC: 3569, 3578, 3581, 3582, 3586, 3589, 3593, 3594, 3596, 3827, 3861, 3568, 3567, 3566, 3563, 3564, 3565, 3561, 3559, 3556, 3555, 3554, 3553, 3552, 3433, 3443, 3511, 3519, 3523, 3524, 3531, 3532, 3533, 3535, 3537, 3541, 3542, 3544, 3545, 3546, 3547, 3548, 3549

NAICS: 333298, 333311, 333312, 333313, 333314, 333315, 333319, 333411, 333412, 333414, 333415, 333511, 333512, 333513, 333514, 333515, 333516, 333518, 333611, 333612, 333613, 333618, 333911, 333912, 333913, 333921, 333922, 333923, 333924, 333991, 333992, 333993, 333994, 333995, 333996, 333997, 333999, 333295, 333294, 333293, 333220, 333291, 333292, 333210, 333132, 333131, 333120, 333112, 333111

 

Sample Questions & Answers

How does the company respond to shifting demand?

Demand for machinery can drop rapidly during periods of slow or declining economic growth. Limited availability of credit tends to hinder machinery sales. Because of the large international trade in machinery, US producers are also affected by...

 

How successful is the company at differentiating its products from foreign competition?

Machinery imports account for about 40 percent of the US market. China, Japan, Germany, Canada, and Mexico are major sources of imports. Imports of machinery components such as pumps and compressors from China have grown significantly.

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.

    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

    • Industry Forecast

      Identify growth and integrate projections in your own business planning.

    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.

    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Machinery Manufacturing Industry Report

    Purchase Report
     
    $129

    Oil & Gas Field Services Industry Report

    Purchase Report
     
    $129

    Overview

    The US oil and gas field services industry includes about 7,600 companies with combined annual revenue of about $72 billion. Major companies include Baker Hughes, Diamond Offshore Drilling, Halliburton, National Oilwell Varco, and Schlumberger Limited, the US operations of Schlumberger.

    SIC: 1381, 1382

    NAICS: 213111, 213112

     

    Sample Questions & Answers

    What changes in energy prices does the company anticipate over the next year, and how will higher or lower prices impact demand for the company’s services?

    Investment in drilling is closely linked to world energy prices, which are volatile and can change dramatically within a year. Spot prices for West Texas Intermediate crude oil in the US fell nearly 40 percent from 2008 to 2009, then rose by more...

     

    How does a decline in US oil production impact demand for the company's services?

    Although new methods have improved production from existing fields, US crude oil production declined 10 percent from 1999 to 2009 as oil fields were depleted. Despite new exploration activity, proved US reserves of crude oil have declined for the...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planning.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Oil & Gas Field Services Industry Report

      Purchase Report
       
      $129

      Baker Hughes Incorporated Overview

      Top 3 Competitors

      Company: Aker Solutions ASA
      Location: Lysaker, Norway

      Company: CE Franklin Ltd.
      Location: Calgary, AB

      Company: CGGVeritas
      Location: Paris, France

      Industries where Baker Hughes Incorporated Competes

      Oil & Gas Field Equipment Manufacturing
      Read More

      Oil & Gas Field Services
      Read More

      Machinery Manufacturing
      Read More

      Competitive Landscape Brief

      Demand for machinery depends on overall industrial activity and on the health of sectors such as agriculture, construction, manufacturing, oil and gas exploration and production, 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 $315,000. Imports, which account for about 40 percent of the US machinery market, come largely from Japan (mainly engines and construction equipment); China (generally smaller items like pumps and motors); Germany; Mexico; and Canada. Many machinery manufacturers have significant foreign sales, often funneled through joint ventures with foreign partners. Exports account for about 45 percent of US machinery production. Major markets include Canada, which receives 20 percent of exported US machinery, and Mexico, which receives 10 percent.

      Baker Hughes Incorporated Competitive Landscape

      Purchase Report
       
      $69

      Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

       

      Sections Included in Report

      • Key Numbers
      • Profitability
      • Valuation
      • Operations
      • Financial Ratios
      • Per Share Data ($)
      • Growth Statistics
      • *Data provided for 3 to 30 competitors

        Company Landscape Report Highlights

        • Competitors List

          Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.

        • Competitive Landscape

          Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

        Competitive Landscape Report

        Purchase Report
         
        $69

        Baker Hughes Incorporated Overview

        Address

        2929 Allen Pkwy.,
        Ste. 2100 Houston, 
        TX 77019 United States
        Phone: 713-439-8600
        Fax:713-439-8699

        Baker Hughes Incorporated Rankings

        #170 in FORTUNE 500 (May 2011) 
        #S&P 500 
        #274 in FT Global 500 (June 2011)

        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. It also makes bits and drilling fluids and submersible pumps. Its Industrial service segment provides equipment and services for the refining, process, and pipeline industries. Since 1944 Baker Hughes has published a weekly report that counts active drilling rigs, and which serves as a barometer for the industry.

        Baker Hughes Incorporated Spotlight on IT

        Purchase Report
         
        $300

        Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

         

        Sections Included in Report

        • Company Overview
        • IT Strategy
        • IT Highlights
        • IT Executives
        • IT Contacts
        • Recent News and Activity
        • Conversation Starters
        • Industry Data
        • Major Subsidiaries and Locations

          Information Technology Report Highlights

          • Company Overview

            Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.

          • IT Highlights

            Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.

          • IT Contacts

            Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't waste time talking to the wrong contact.

          • Conversation Starters

            Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparation question (with answers).

          • Major Subsidiaries & Locations

            Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.

          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

          • IT Strategy

            Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.

          • IT Executives

            Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.

          • Recent News & Activity

            Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.

          • Industry Data

            Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.
          Purchase Report
           
          $300