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Baker Hughes A GE Co (BHGE.N)

BHGE.N on New York Stock Exchange

30.26USD
15 Dec 2017
Change (% chg)

$-0.33 (-1.08%)
Prev Close
$30.59
Open
$30.77
Day's High
$30.77
Day's Low
$30.10
Volume
4,990,432
Avg. Vol
990,345
52-wk High
$66.58
52-wk Low
$29.62

Latest Key Developments (Source: Significant Developments)

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

Superior Drilling Products enters letter agreement with Baker Hughes Oilfield Operations
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Superior Drilling Products Inc SPDI.A::Superior Drilling Products says on Oct 27, unit of co entered letter agreement with Baker Hughes Oilfield Operations Llc - SEC filing.Says pursuant to agreement, exiting vendor agreement extended through earlier of Jan 28, 2018/execution of new vendor agreement‍​.  Full Article

Baker Hughes, a GE company declared a cash dividend of $0.18/share of Class A common stock​
Saturday, 28 Oct 2017 

Oct 27 (Reuters) - Baker Hughes A Ge Co ::Baker Hughes a GE Co - Board of Directors declared a cash dividend of $0.18 per share of Class A common stock​.  Full Article

Baker Hughes expects activity to stay flat through year-end - Conf Call
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Baker Hughes A GE Co : :Baker Hughes - Expect activity to stay flat through year-end till market has "better line of sight" into 2018 budgets, operators' production hedge positions - Conf Call.Baker Hughes says in Q3, Q-O-Q increase in orders was driven by shorter cycle segment, oilfield services and digital solutions - Conf Call.Baker Hughes says recorded negative impact of about $15 million in quarter as a result of supply chain driven delays caused by Hurricane Harvey - Conf Call.Baker Hughes CFO says major project investments remained low in oil and gas market - Conf Call.Baker Hughes CFO says in short term, expect headwinds on service orders from customers spend delays and low LNG order to continue - Conf Call.Baker Hughes says expect digital solutions to continue to grow in Q4, but off a lower base than Q4 2016 - Conf Call.Baker Hughes CEO says "Would definitely" expect Q4 to be better operationally due to seasonaility and some process changes - Conf Call.Baker Hughes CEO says expect oilfield equipment business to continue to be challenged, with some delays in some projects - Conf Call.Baker Hughes CFO says apart from forex, do not expect any appreciable increase in margin rates over next few quarters - Conf Call.Baker Hughes CEO says "We should have better order performance in 2018, but actually the revenue side continue to be pressured" - Conf Call.  Full Article

BRIEF-Baker Hughes A Ge Co Files For Debt Shelf Of Up To $3 Bln

* BAKER HUGHES A GE CO FILES FOR DEBT SHELF OF UP TO $3.0 BILLION - SEC FILING Source text for Eikon: (http://bit.ly/2kykFeR) Further company coverage: