Baker Hughes Files 8-K on Operations & Financial Condition

Ticker: BKR · Form: 8-K · Filed: 2024-01-23T00:00:00.000Z

Sentiment: neutral

Topics: financial-condition, regulation-fd, operations, disclosure

TL;DR

**Baker Hughes just dropped an 8-K on its financials, get ready for an update.**

AI Summary

Baker Hughes Co. filed an 8-K on January 23, 2024, to report its results of operations and financial condition, along with a Regulation FD Disclosure. This filing indicates that the company is providing an update on its financial performance, likely ahead of a full earnings report, to ensure all investors receive material information simultaneously. For shareholders, this matters because it provides an early look at the company's financial health, which can influence stock price movements and investment decisions.

Why It Matters

This filing signals that Baker Hughes is updating the market on its financial performance, which is crucial for investors to assess the company's current health and future prospects.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial information and does not indicate any immediate, significant risks.

Analyst Insight

Investors should look for the specific details of the financial results that will be disclosed, as this 8-K is a precursor to that information. Pay attention to any subsequent announcements or presentations that elaborate on the 'Results of Operations and Financial Condition' to understand the full impact.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by Baker Hughes Company?

The primary purpose of this 8-K filing is to report on the company's "Results of Operations and Financial Condition" and to provide a "Regulation FD Disclosure," as indicated in the Item Information section of the filing.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 23, 2024, as stated under "Date of Report (Date of earliest event reported): January 23, 2024."

What is the trading symbol and the exchange where Baker Hughes Company's Class A Common Stock is registered?

Baker Hughes Company's Class A Common Stock has the trading symbol "BKR" and is registered on "The Nasdaq Stock Market LLC," as detailed in the "Securities registered pursuant to Section 12(b) of the Act" section.

What is the state of incorporation for Baker Hughes Company?

Baker Hughes Company is incorporated in "Delaware," as specified in the filing under "State of Incorporation."

What is the business address and phone number of Baker Hughes Company as listed in the filing?

The business address for Baker Hughes Company is "575 N. Dairy Ashford Rd., Suite 100 Houston, Texas 77079-1121" and its telephone number is "(713) 439-8600," according to the filing.

From the Filing

0001701605-24-000007.txt : 20240123 0001701605-24-000007.hdr.sgml : 20240123 20240123172540 ACCESSION NUMBER: 0001701605-24-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240123 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240123 DATE AS OF CHANGE: 20240123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baker Hughes Co CENTRAL INDEX KEY: 0001701605 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] ORGANIZATION NAME: 06 Technology IRS NUMBER: 814403168 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38143 FILM NUMBER: 24553593 BUSINESS ADDRESS: STREET 1: 575 NORTH DAIRY ASHFORD ROAD, SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77079-1121 BUSINESS PHONE: 713-439-8600 MAIL ADDRESS: STREET 1: 575 NORTH DAIRY ASHFORD ROAD, SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77079-1121 FORMER COMPANY: FORMER CONFORMED NAME: Baker Hughes a GE Co DATE OF NAME CHANGE: 20170703 FORMER COMPANY: FORMER CONFORMED NAME: Bear Newco, Inc. DATE OF NAME CHANGE: 20170321 8-K 1 bkr-20240123.htm 8-K bkr-20240123 0001701605 false 0001701605 2024-01-23 2024-01-23 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 23, 2024 Baker Hughes Company   (Exact name of registrant as specified in charter)   Delaware   1-38143   81-4403168 (State of Incorporation)   (Commission File No.)   (I.R.S. Employer Identification No.) 575 N. Dairy Ashford Rd. , Suite 100 Houston, Texas 77079-1121 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: ( 713 )  439-8600 (former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share BKR The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 2.02 Results of Operations and Financial Condition. On January 23, 2024, Baker Hughes Company (the “Company”) issued a news release announcing its financial results for the quarter and year ended December 31, 2023, a copy of which is furnished with this Form 8-K as Exhibit 99.1 and incorporated herein by reference. In accordance with General Instructions B.2. of Form 8-K, the information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing un

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