Companies
Baker Hughes
Oilfield servicesHouston, TexasBKRAbout 56,000 employees
More about Baker Hughes
Energy technology company that sells oilfield services and equipment, plus turbines, compressors and LNG equipment
Revenue
$27.7B
Fiscal 2025, roughly flat
Employees
About 56,000
As of December 2025, before the Chart acquisition
Stock
BKR
Nasdaq
Headquarters
Houston, Texas
CEO
Lorenzo Simonelli
Since July 2017
Main businessesOilfield Services & Equipment, Industrial & Energy Technology, Chart Industries (since July 2026)
Current strategyImproving margins in its core business while growing in LNG and gas infrastructure; it bought Chart Industries in July 2026 and expects about $325M in yearly cost savings
Recent workforce changes147 roles cut at its Emmott Road site in Houston starting July 2026; about $182M paid mostly for severance in 2025
CompetitorsSLB, Halliburton, Siemens Energy
Related companiesHalliburtonSLBNOV
Checked October 11, 2026 · Sources: sec.gov, worldoil.com, hoodline.com
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