Baker Hughes Company BKR

Company Overview

Baker Hughes Company is a global energy technology company operating primarily in the oilfield services, energy equipment, and industrial energy technology industries. The company provides products, services, and digital solutions that support the entire energy value chain, from upstream oil and gas exploration to midstream, downstream, and emerging low‑carbon applications. Its revenue is primarily driven by equipment sales, long‑term service agreements, and technology-enabled services to energy producers, pipeline operators, and industrial customers.

The company traces its roots to the 1907 founding of Baker Oil Tools and later merger activity, most notably the combination of Baker Hughes and GE Oil & Gas in 2017. Baker Hughes operated as a GE-controlled entity until 2019, when it was fully separated and became an independent public company. Since then, Baker Hughes has repositioned itself as an energy technology company focused on both traditional hydrocarbons and energy transition solutions, leveraging its installed base, engineering expertise, and global service footprint.