Last 7 days
-4.6%
Last 30 days
-4.4%
Last 90 days
-12.7%
Trailing 12 Months
14.8%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 22.0B | 23.3B | 24.6B | 0 |
2022 | 20.6B | 20.5B | 20.7B | 21.2B |
2021 | 20.1B | 20.5B | 20.5B | 20.5B |
2020 | 23.6B | 22.4B | 21.6B | 20.7B |
2019 | 23.1B | 23.5B | 23.8B | 23.8B |
2018 | 19.5B | 22.0B | 22.4B | 22.9B |
2017 | 12.8B | 12.6B | 14.8B | 17.2B |
2016 | 15.8B | 14.9B | 14.0B | 13.1B |
2015 | 0 | 0 | 0 | 16.7B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Dec 04, 2023 | borras maria c | acquired | 229,800 | 22.98 | 10,000 | evp, oilfield services & equip |
Dec 04, 2023 | borras maria c | sold | -335,300 | 33.53 | -10,000 | evp, oilfield services & equip |
Nov 02, 2023 | buese nancy | sold (taxes) | -788,500 | 35.51 | -22,205 | chief financial officer |
Nov 02, 2023 | buese nancy | acquired | - | - | 60,408 | chief financial officer |
Nov 01, 2023 | borras maria c | acquired | 229,800 | 22.98 | 10,000 | evp, oilfield services & equip |
Nov 01, 2023 | borras maria c | sold | -344,900 | 34.49 | -10,000 | evp, oilfield services & equip |
Oct 02, 2023 | borras maria c | sold | -352,000 | 35.2 | -10,000 | evp, oilfield services & equip |
Oct 02, 2023 | borras maria c | acquired | 125,609 | 22.98 | 5,466 | evp, oilfield services & equip |
Sep 01, 2023 | borras maria c | sold | -365,600 | 36.56 | -10,000 | evp, oilfield services & equip |
Aug 24, 2023 | jones regina | sold | -351,900 | 35.19 | -10,000 | chief legal officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 06, 2023 | VisionPoint Advisory Group, LLC | new | - | 566 | 566 | -% |
Dec 06, 2023 | Raleigh Capital Management Inc. | added | 7,226 | 76,686 | 77,642 | 0.04% |
Dec 06, 2023 | CITIGROUP INC | added | 8.71 | 15,454,800 | 87,435,100 | 0.06% |
Dec 04, 2023 | TUCKER ASSET MANAGEMENT LLC | new | - | 1,554 | 1,554 | -% |
Dec 01, 2023 | B. Riley Wealth Advisors, Inc. | new | - | 278,520 | 278,520 | 0.01% |
Nov 28, 2023 | BAR HARBOR WEALTH MANAGEMENT | added | 9.13 | 1,073,730 | 5,969,080 | 0.48% |
Nov 27, 2023 | BANQUE PICTET & CIE SA | sold off | -100 | -584,184 | - | -% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | reduced | -5.47 | 15,160,500 | 284,870,000 | 0.18% |
Nov 22, 2023 | KBC Group NV | unchanged | - | - | 2,443,000 | 0.01% |
Nov 22, 2023 | Graham Capital Management, L.P. | new | - | 225,129 | 225,129 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Oct 10, 2023 | capital research global investors | 6.3% | 63,201,713 | SC 13G/A | |
Feb 14, 2023 | dodge & cox | 3.1% | 31,006,837 | SC 13G/A | |
Feb 13, 2023 | capital world investors | 10.2% | 102,403,070 | SC 13G/A | |
Feb 13, 2023 | capital research global investors | 11.6% | 116,385,242 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.98% | 119,934,155 | SC 13G/A | |
Feb 03, 2023 | state street corp | 6.74% | 67,500,550 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 8.9% | 88,851,340 | SC 13G | |
Jan 06, 2023 | jpmorgan chase & co | 5.0% | 50,237,132 | SC 13G | |
May 09, 2022 | general electric co | 4.3% | 44,522,253 | SC 13D/A | |
Feb 14, 2022 | dodge & cox | 5.3% | 46,096,111 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Dec 06, 2023 | 4 | Insider Trading | |
Dec 04, 2023 | 144 | Notice of Insider Sale Intent | |
Dec 01, 2023 | 8-K | Current Report | |
Dec 01, 2023 | POSASR | POSASR | |
Dec 01, 2023 | S-3ASR | S-3ASR | |
Nov 22, 2023 | 8-K | Current Report | |
Nov 14, 2023 | 13F-NT | 13F-NT | |
Nov 06, 2023 | 4 | Insider Trading | |
Nov 03, 2023 | 4 | Insider Trading | |
Nov 01, 2023 | 144 | Notice of Insider Sale Intent |
Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 5.2% | 6,641,000,000 | 6,315,000,000 | 5,716,000,000 | 5,905,000,000 | 5,369,000,000 | 5,047,000,000 | 4,835,000,000 | 5,485,000,000 | 5,093,000,000 | 5,142,000,000 | 4,782,000,000 | 5,495,000,000 | 5,049,000,000 | 4,736,000,000 | 5,425,000,000 | 6,347,000,000 | 5,882,000,000 | 5,994,000,000 | 5,615,000,000 | 6,264,000,000 | 5,665,000,000 |
Costs and Expenses | 2.2% | 5,927,000,000 | 5,801,000,000 | 5,278,000,000 | - | 5,100,000,000 | 5,072,000,000 | 4,556,000,000 | - | 4,715,000,000 | 4,948,000,000 | 4,618,000,000 | - | 5,098,000,000 | 4,788,000,000 | 21,484,000,000 | 6,017,500,000 | 5,585,000,000 | 5,723,000,000 | 5,439,000,000 | 5,883,000,000 | 5,383,000,000 |
S&GA Expenses | -9.8% | 627,000,000 | 695,000,000 | 655,000,000 | 645,000,000 | 620,000,000 | 624,000,000 | 621,000,000 | 634,000,000 | 607,000,000 | 642,000,000 | 587,000,000 | 574,000,000 | 565,000,000 | 590,000,000 | 675,000,000 | 748,500,000 | 679,000,000 | 701,000,000 | 704,000,000 | 755,000,000 | 608,000,000 |
EBITDA Margin | 17.7% | 0.13 | 0.11 | 0.06 | 0.04 | 0.06 | 0.06 | 0.09 | 0.06 | 0.10 | 0.08 | 0.07 | -0.68 | -0.71 | -0.66 | -0.60 | 0.08 | 0.08 | 0.08 | 0.09 | 0.08 | 0.05 |
Interest Expenses | 15.5% | -49,000,000 | -58,000,000 | -64,000,000 | -63,500,000 | -65,000,000 | -60,000,000 | -64,000,000 | -93,500,000 | -67,000,000 | -65,000,000 | -74,000,000 | -69,500,000 | -66,000,000 | -69,000,000 | -59,000,000 | -63,000,000 | -59,000,000 | -56,000,000 | -59,000,000 | -59,000,000 | -55,000,000 |
Income Taxes | 17.5% | 235,000,000 | 200,000,000 | 179,000,000 | 157,500,000 | 153,000,000 | 182,000,000 | 107,000,000 | 352,500,000 | 193,000,000 | 143,000,000 | 69,000,000 | 569,000,000 | 6,000,000 | -21,000,000 | 5,000,000 | 213,000,000 | 107,000,000 | 95,000,000 | 67,000,000 | 172,000,000 | 110,000,000 |
Earnings Before Taxes | 23.6% | 759,000,000 | 614,000,000 | 760,000,000 | 345,500,000 | 144,000,000 | -655,000,000 | 187,000,000 | 688,500,000 | 209,000,000 | 66,000,000 | -536,000,000 | 1,520,000,000 | -264,000,000 | -365,000,000 | -16,093,000,000 | 307,000,000 | 224,000,000 | 84,000,000 | 138,000,000 | 474,000,000 | 233,000,000 |
EBT Margin | 26.1% | 0.10 | 0.08 | 0.03 | 0.00 | 0.02 | 0.02 | 0.06 | 0.02 | 0.06 | 0.04 | 0.02 | -0.73 | -0.76 | -0.71 | -0.65 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | -0.01 |
Net Income | 26.3% | 518,000,000 | 410,000,000 | 576,000,000 | 182,500,000 | -17,000,000 | -839,000,000 | 72,000,000 | 293,000,000 | 8,000,000 | -68,000,000 | -452,000,000 | 652,000,000 | -170,000,000 | -195,000,000 | -10,227,000,000 | 48,000,000 | 57,000,000 | -9,000,000 | 32,000,000 | 131,000,000 | 13,000,000 |
Net Income Margin | 38.9% | 0.07 | 0.05 | 0.00 | -0.03 | -0.02 | -0.02 | 0.01 | -0.01 | 0.01 | 0.00 | -0.01 | -0.48 | -0.49 | -0.46 | -0.43 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
Free Cashflow | -5.7% | 810,000,000 | 859,000,000 | 461,000,000 | 898,000,000 | 597,000,000 | 321,000,000 | 72,000,000 | 774,000,000 | 416,000,000 | 506,000,000 | 678,000,000 | 377,000,000 | 219,000,000 | 230,000,000 | 478,000,000 | 1,357,000,000 | 360,000,000 | 593,000,000 | -184,000,000 | 1,089,000,000 | 240,000,000 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | 1.3% | 36,550 | 36,093 | 35,042 | 34,181 | 33,165 | 33,753 | 34,994 | 35,308 | 35,772 | 36,669 | 36,836 | 38,007 | 37,339 | 37,523 | 37,229 | 53,369 | 52,549 | 52,876 | 53,129 | 52,439 | 53,600 |
Current Assets | 2.2% | 16,161 | 15,806 | 15,386 | 14,592 | 14,335 | 14,199 | 14,707 | 15,065 | 14,887 | 15,512 | 15,786 | 16,455 | 15,208 | 15,502 | 14,653 | 15,222 | 14,769 | 14,985 | 14,912 | 14,971 | 16,118 |
Cash Equivalents | 14.1% | 3,201 | 2,805 | 2,415 | 2,488 | 2,851 | 2,928 | 3,191 | 3,853 | 3,926 | 3,913 | 4,382 | 4,132 | 4,061 | 4,132 | 3,010 | 3,249 | 2,808 | 3,138 | 3,073 | 3,723 | 4,765 |
Inventory | 0.1% | 4,964 | 4,957 | 4,786 | 4,587 | 4,111 | 4,052 | 4,151 | 3,979 | 4,110 | 4,212 | 4,181 | 4,421 | 4,469 | 4,616 | 4,534 | 4,608 | 4,739 | 4,807 | 4,871 | 4,620 | 4,681 |
Net PPE | 1.0% | 4,768 | 4,723 | 4,513 | 4,538 | 4,381 | 4,531 | 4,804 | 4,877 | 4,982 | 5,086 | 5,163 | 5,358 | 5,536 | 5,710 | 5,997 | 6,240 | 6,141 | 6,130 | 6,218 | 6,228 | 6,226 |
Goodwill | -0.4% | 6,048 | 6,074 | 5,916 | 5,930 | 5,435 | 5,741 | 5,989 | 5,959 | 6,015 | 6,052 | 5,969 | 5,977 | 5,923 | 5,868 | 5,878 | 20,690 | 20,654 | 20,705 | 20,762 | 20,717 | 20,790 |
Current Liabilities | 3.0% | 12,681 | 12,311 | 11,618 | 11,075 | 9,465 | 9,375 | 9,142 | 9,128 | 9,354 | 9,805 | 9,958 | 10,227 | 10,639 | 10,567 | 10,141 | 10,014 | 9,332 | 9,341 | 9,052 | 9,020 | 8,457 |
Long Term Debt | 0.2% | 5,857 | 5,847 | 5,975 | 5,980 | 6,612 | 6,625 | 6,650 | 6,687 | 6,708 | 6,722 | 6,733 | 6,744 | 6,754 | 6,766 | 6,285 | 6,301 | 6,313 | 6,256 | 6,270 | 6,285 | 6,293 |
Shareholder's Equity | -0.1% | 15,250 | 15,262 | 14,849 | 14,394 | 14,367 | 15,086 | 16,447 | 16,746 | 17,036 | 17,400 | 17,424 | 18,242 | 17,249 | 17,565 | 17,985 | 34,499 | 34,436 | 34,781 | 35,086 | 35,013 | 36,563 |
Retained Earnings | 5.3% | -9,258 | -9,776 | -10,185 | -10,761 | -10,943 | -10,927 | -10,088 | -10,160 | -10,454 | -10,462 | -10,394 | -9,942 | -10,594 | -10,413 | -10,212 | - | - | -9.00 | - | 25.00 | -14.00 |
Additional Paid-In Capital | -1.0% | 27,415 | 27,696 | 27,925 | 28,126 | 28,223 | 28,598 | 28,351 | 27,375 | 26,688 | 26,253 | 25,357 | 24,613 | 23,977 | 23,432 | 23,486 | 23,565 | 23,570 | 18,668 | 18,646 | 18,659 | 14,575 |
Accumulated Depreciation | 1.0% | 5,545 | 5,491 | 5,258 | 5,121 | 4,961 | 5,082 | 5,116 | 5,003 | 5,082 | 5,079 | 4,925 | 5,115 | 4,744 | 4,550 | 4,506 | 4,384 | 4,160 | 3,918 | 3,854 | 3,625 | 3,517 |
Minority Interest | 5.8% | 145 | 137 | 135 | 131 | 223 | 204 | 743 | 1,916 | 2,894 | 3,510 | 4,381 | 5,349 | 5,667 | 6,311 | 6,515 | 12,570 | 12,560 | 17,393 | 17,574 | 17,548 | 22,823 |
Cashflow (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -5.7% | 810,000,000 | 859,000,000 | 461,000,000 | 898,000,000 | 597,000,000 | 321,000,000 | 72,000,000 | 774,000,000 | 416,000,000 | 506,000,000 | 678,000,000 | 377,000,000 | 219,000,000 | 230,000,000 | 478,000,000 | 1,357,000,000 | 360,000,000 | 593,000,000 | -184,000,000 | 1,089,000,000 | 240,000,000 |
Share Based Compensation | 2.0% | 50,000,000 | 49,000,000 | 49,000,000 | 52,000,000 | 53,000,000 | 50,000,000 | 52,000,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cashflow From Investing | 51.9% | -89,000,000 | -185,000,000 | -229,000,000 | -984,000,000 | -150,000,000 | -164,000,000 | -266,000,000 | -251,000,000 | -82,000,000 | 44,000,000 | -174,000,000 | -67,000,000 | -114,000,000 | -119,000,000 | -318,000,000 | -386,000,000 | -96,000,000 | -307,000,000 | -256,000,000 | -374,000,000 | -42,000,000 |
Cashflow From Financing | -3.7% | -311,000,000 | -300,000,000 | -250,000,000 | -295,000,000 | -429,000,000 | -399,000,000 | -469,000,000 | -558,000,000 | -300,000,000 | -1,030,000,000 | -255,000,000 | -269,000,000 | -201,000,000 | 1,022,000,000 | -327,000,000 | -538,000,000 | -569,000,000 | -195,000,000 | -232,000,000 | -1,716,000,000 | -275,000,000 |
Dividend Payments | 5.2% | 202,000,000 | 192,000,000 | 192,000,000 | 190,000,000 | 182,000,000 | 182,000,000 | 172,000,000 | 156,000,000 | 156,000,000 | 149,000,000 | 131,000,000 | 129,000,000 | 123,000,000 | 118,000,000 | 118,000,000 | 117,000,000 | 93,000,000 | 92,000,000 | 93,000,000 | 91,000,000 | 74,000,000 |
Buy Backs | 20.2% | 119,000,000 | 99,000,000 | - | 101,000,000 | 265,000,000 | 226,000,000 | 236,000,000 | 328,000,000 | 106,000,000 | - | - | - | - | - | - | - | - | - | - | - | -151,500,000 |
Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Revenue: | ||||
Total revenue | $ 6,641 | $ 5,369 | $ 18,671 | $ 15,251 |
Costs and expenses: | ||||
Selling, general and administrative | 627 | 620 | 1,977 | 1,865 |
Restructuring, impairment and other | 2 | 235 | 161 | 676 |
Total costs and expenses | 5,927 | 5,100 | 17,005 | 14,729 |
Operating income | 714 | 269 | 1,666 | 522 |
Other non-operating income (loss), net | 94 | (60) | 638 | (657) |
Interest expense, net | (49) | (65) | (171) | (188) |
Income (loss) before income taxes | 759 | 144 | 2,133 | (323) |
Provision for income taxes | (235) | (153) | (614) | (443) |
Net income (loss) | 524 | (9) | 1,519 | (766) |
Less: Net income attributable to noncontrolling interests | 6 | 8 | 16 | 17 |
Net income (loss) attributable to Baker Hughes Company | $ 518 | $ (17) | $ 1,503 | $ (783) |
Class A Common Stock | ||||
Per share amounts: | ||||
Basic income (loss) per Class A common stock (in dollars per share) | $ 0.51 | $ (0.02) | $ 1.49 | $ (0.80) |
Diluted income (loss) per Class A common stock (in dollars per share) | 0.51 | (0.02) | 1.48 | (0.80) |
Cash dividend per Class A common stock (in dollars per share) | $ 0.20 | $ 0.18 | $ 0.58 | $ 0.54 |
Sales of goods | ||||
Revenue: | ||||
Total revenue | $ 4,044 | $ 3,084 | $ 11,320 | $ 8,710 |
Costs and expenses: | ||||
Costs | 3,467 | 2,639 | 9,704 | 7,502 |
Sales of services | ||||
Revenue: | ||||
Total revenue | 2,597 | 2,285 | 7,351 | 6,541 |
Costs and expenses: | ||||
Costs | $ 1,831 | $ 1,606 | $ 5,163 | $ 4,686 |
Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($) $ in Millions | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 3,201 | $ 2,488 |
Current receivables, net | 6,505 | 5,958 |
Inventories, net | 4,964 | 4,587 |
All other current assets | 1,491 | 1,559 |
Total current assets | 16,161 | 14,592 |
Property, plant and equipment (net of accumulated depreciation of $5,545 and $5,121) | 4,768 | 4,538 |
Goodwill | 6,048 | 5,930 |
Other intangible assets, net | 4,104 | 4,180 |
Contract and other deferred assets | 1,778 | 1,503 |
All other assets | 3,004 | 2,781 |
Deferred income taxes | 687 | 657 |
Total assets | 36,550 | 34,181 |
Current liabilities: | ||
Accounts payable | 4,123 | 4,298 |
Short-term and current portion of long-term debt | 802 | 677 |
Progress collections and deferred income | 5,187 | 3,822 |
All other current liabilities | 2,569 | 2,278 |
Total current liabilities | 12,681 | 11,075 |
Long-term debt | 5,857 | 5,980 |
Deferred income taxes | 280 | 229 |
Liabilities for pensions and other postretirement benefits | 952 | 960 |
All other liabilities | 1,385 | 1,412 |
Equity: | ||
Capital in excess of par value | 27,415 | 28,126 |
Retained loss | (9,258) | (10,761) |
Accumulated other comprehensive loss | (2,907) | (2,971) |
Baker Hughes Company equity | 15,250 | 14,394 |
Noncontrolling interests | 145 | 131 |
Total equity | 15,395 | 14,525 |
Total liabilities and equity | 36,550 | 34,181 |
Class A Common Stock | ||
Equity: | ||
Common stock | $ 0 | $ 0 |
Common stock issued (in shares) | 1,006,000,000 | 1,006,000,000 |
Common stock outstanding (in shares) | 1,006,471,000 | 1,005,960,000 |
Class B Common Stock | ||
Equity: | ||
Common stock | $ 0 | $ 0 |
Common stock issued (in shares) | 0 | 0 |
Common stock outstanding (in shares) | 0 | 0 |
 CEO | Mr. Lorenzo Simonelli |
---|---|
 WEBSITE | www.bakerhughes.com |
 EMPLOYEES | 57000 |