Baker Hughes Incorporated ( Bhi / Nyse ) - 858 Words

Baker Hughes Incorporated (BHI/NYSE) Baker Hughes is a top-tier oilfield service company that is headquartered in Houston, Texas. The company provides oil and gas exploration and production companies worldwide with products and services for drilling, formation valuation, production, and completion. Baker Hughes also provides services for downstream segments of the oil and gas industry. Technological innovation is at the center of Baker Hughes’ success. The company is over 100 years old, with 60,000 employees in more than 80 countries. Baker Hughes has a far larger market capitalization than Newpark. Baker Hughes has a higher P/E ratio (22.60) and lower EV/EBITDA (7.88) than Newpark, indicating mixed opinions on whether the firm is over or undervalued from the market’s perspective. However, it does have a higher diluted EPS of 2.88 and ROE of 7.16, which would show inferior performance but superior return to shareholders. Meanwhile, both companies have shown similar trends in their amount of debt carried by decreasing debt. Baker Hughes is not focused on Newpark’s niche mat segment. Baker Hughes’ main source of growth in revenue this past year in the Gulf of Mexico region is its drilling and completion fluids segment, which could be a problem for Newpark. However, these fluids are for both the drilling stage and the completion stage, where all the growth is due to gas, while Newpark only supplies fluids for drilling. Also, Baker Hughes’s growth in the U.S. onshore drilling