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Baker Hughes A GE Co (BHGE.N)

BHGE.N on New York Stock Exchange

26.76USD
21 Feb 2018
Change (% chg)

$0.32 (+1.21%)
Prev Close
$26.44
Open
$26.32
Day's High
$28.23
Day's Low
$25.88
Volume
1,837,268
Avg. Vol
1,245,935
52-wk High
$62.24
52-wk Low
$25.54

Latest Key Developments (Source: Significant Developments)

GE Says Q4 BHGE Rev Up 69 Pct On Reported Basis To $5.8 Bln
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - GE::SAYS QTRLY BHGE ORDERS WERE $5.8 BILLION, DOWN 9 PERCENT ORGANICALLY; QTRLY BHGE REVENUE $5.8 BILLION, UP 69 PERCENT ON REPORTED BASIS.  Full Article

Baker Hughes, A GE Co, Reports GAAP Net Loss Per Share Of $0.07 For Q4
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Baker Hughes A Ge Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES FOURTH QUARTER AND TOTAL YEAR 2017 RESULTS.QTRLY ‍ADJUSTED EARNINGS PER SHARE WERE $0.15​.GAAP NET LOSS PER SHARE OF $0.07 FOR QUARTER.IN OILFIELD EQUIPMENT SEGMENT, SUBSEA MARKET REMAINS "CHALLENGING" WITH LOW ACTIVITY LEVELS AND PRICING CHALLENGES.IN OILFIELD EQUIPMENT SEGMENT, EXPECT TREE AWARDS TO CONTINUE TO GROW IN 2018, THOUGH AT A SLOWER RATE THAN IN 2017.IN OILFIELD EQUIPMENT SEGMENT, ‍CONTINUE TO EXPECT OFFSHORE ACTIVITY TO BE MUTED IN SHORT TERM​.EXPECT ACTIVITY IN LNG SPACE TO INCREASE AS CUSTOMERS POSITION TO MAKE NEW CAPACITY AVAILABLE IN 2022 AND BEYOND.OVERALL, CONTINUE TO SEE IMPROVEMENT IN ACTIVITY AS EARLY INDICATIONS OF CUSTOMER CAPITAL SPENDING IN 2018 ARE "ENCOURAGING".SUBSEA MARKET CONTINUES TO BE CHALLENGING AND ACTIVITY REMAINS LOW, WITH PRICES CONTINUING TO BE PRESSURED.IN TURBOMACHINERY & PROCESS SOLUTIONS SEGMENT, ON-OFFSHORE PRODUCTION DRIVEN DEMAND IS IMPROVING.‍BACKLOG GREW IN Q4, WHICH ENDED AT $21.0 BILLION, AN INCREASE OF $0.1 BILLION OR 1% FROM Q3 OF 2017​.INTERNATIONAL ACTIVITY IS STABILIZING, SEEING SIGNS OF ACTIVITY INCREASE BOTH IN VOLUME AND SIZE OF TENDERS FOR NEW WORK.‍INCLUDED IN TAX EXPENSE FOR QUARTER, IS A $132 MILLION BENEFIT RELATED TO RECENT UNITED STATES TAX REFORM​.IN OILFIELD SERVICES SEGMENT, ALL PRODUCT LINES GREW IN NORTH AMERICA IN QUARTER, DESPITE RIG COUNT BEING DOWN VERSUS Q3.  Full Article

Baker Hughes, A GE Company Announces Pricing Of Maximum Tender Offers By unit
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Baker Hughes A Ge Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF MAXIMUM TENDER OFFERS BY BAKER HUGHES, A GE COMPANY, LLC.BAKER HUGHES A GE CO - MAXIMUM TENDER OFFERS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON JAN 2, 2018.BAKER HUGHES A GE CO - PRICED TENDER OFFER BY UNIT TO PURCHASE UP TO $175 MILLION 8.550% DEBENTURES DUE 2024 & 6.875% NOTES DUE 2029.  Full Article

Baker Hughes A Ge Co Files For Debt Shelf Of Up To $3 Bln
Saturday, 16 Dec 2017 

Dec 15 (Reuters) - Baker Hughes A Ge Co ::BAKER HUGHES A GE CO FILES FOR DEBT SHELF OF UP TO $3.0 BILLION - SEC FILING.  Full Article

Baker Hughes, A GE Company Announces Pricing Of Tender Offers By Baker Hughes, A GE Company, LLC
Saturday, 9 Dec 2017 

Dec 8 (Reuters) - Baker Hughes A Ge Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF ANY AND ALL TENDER OFFERS BY BAKER HUGHES, A GE COMPANY, LLC.BAKER HUGHES A GE CO - UNIT PRICING TENDER OFFERS OF 6.000% SENIOR NOTES DUE 2018 AND 7.500% SENIOR NOTES DUE 2018.BAKER HUGHES A GE CO - ANY AND ALL TENDER OFFERS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, DECEMBER 8, 2017, UNLESS EXTENDED.  Full Article

Baker Hughes, A GE Company Announces Pricing Of Offering Of $3.95 Billion Of Senior Notes
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Baker Hughes A Ge Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF OFFERING OF $3,950,000,000 OF SENIOR NOTES BY BAKER HUGHES, A GE COMPANY, LLC.BAKER HUGHES A GE CO - BAKER HUGHES, A GE COMPANY, LLC PRICED OFFERING CONSISTING OF $1.25 BILLION ITS 2.773% SENIOR NOTES DUE 2022.BAKER HUGHES A GE CO - UNIT PRICED AN OFFERING ALSO CONSISTING OF $1.35 BILLION OF ITS 3.337% SENIOR NOTES DUE 2027.BAKER HUGHES A GE CO - BAKER HUGHES, A GE COMPANY, LLC PRICED AN OFFERING ALSO CONSISTING OF $1.35 BILLION OF ITS 4.080% SENIOR NOTES DUE 2047.  Full Article

Baker Hughes Announces Tender Offers For Certain Outstanding Debt Securities
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Baker Hughes A GE Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES TENDER OFFERS FOR CERTAIN OUTSTANDING DEBT SECURITIES.BAKER HUGHES A GE CO - ‍ANY AND ALL TENDER OFFERS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON DECEMBER 8, 2017​.BAKER HUGHES A GE CO - COMMENCES TENDER OFFERS BY CO'S SUBSIDIARY, BAKER HUGHES A GE COMPANY LLC, FOR DEBT SECURITIES OF BHGE LLC OR ITS SUBSIDIARIES.BAKER HUGHES A GE CO - TENDER OFFERS CONSIST OF OFFERS TO PURCHASE FOR CASH ANY AND ALL OF OUTSTANDING 7.500% SENIOR NOTES DUE 2018.BAKER HUGHES A GE CO - TENDER OFFERS ALSO CONSIST OF OFFERS TO PURCHASE FOR CASH ANY AND ALL OF OUTSTANDING 6.000% SENIOR NOTES DUE 2018.  Full Article

Valueact Capital Management LP Reports 4.5 Pct Stake In Baker Hughes A GE Co As Of Nov 29
Saturday, 2 Dec 2017 

Dec 1 (Reuters) - Baker Hughes A GE Co ::VALUEACT CAPITAL MANAGEMENT LP REPORTS 4.5 PERCENT STAKE IN BAKER HUGHES A GE CO AS OF NOVEMBER 29 VERSUS A STAKE OF 7.3 P‍​CT AS OF JULY 28 - SEC FILING.  Full Article

General Electric CEO Flannery plans to focus on GE’s aviation, power, health-care divisions- WSJ‍​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - :General Electric CEO Flannery plans to unveil road map monday to focus on GE's aviation, power, health-care divisions- WSJ, citing a source ‍​.General Electric CEO CEO will look to exit most of the rest of GE's operations - WSJ, citing a source‍​.CEO says company plans to eventually shed its majority stake in Baker Hughes - WSJ.  Full Article

Baker Hughes, a GE Company announces October 2017 rig counts
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Baker Hughes A Ge Co ::Baker Hughes international rig count for October 2017 was 951, up 20 from 931 counted in September 2017​.International offshore rig count for October 2017 was 204, up 14 from 190 counted in September 2017​.Average U.S. rig count for October 2017 was 922, down 18 from 940 counted in September 2017​.Worldwide rig count for October 2017 was 2,077, down 4 from 2,081 counted in September 2017​.  Full Article