Baker Hughes Files Q2 2024 10-Q
Ticker: BKR · Form: 10-Q · Filed: 2024-07-26T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, oil-and-gas
TL;DR
Baker Hughes Q2 10-Q is in! Check financials for H1 2024 vs 2023.
AI Summary
Baker Hughes Co. filed its 10-Q for the period ending June 30, 2024, reporting on its financial performance. The filing details revenue and expenses across its product and service segments for the second quarter and the first half of the year, comparing them to the same periods in 2023.
Why It Matters
This filing provides investors with a detailed look at Baker Hughes' financial health and operational performance during the second quarter of 2024, impacting investment decisions.
Risk Assessment
Risk Level: medium — Quarterly filings are standard for public companies, but the oil and gas sector can be volatile.
Key Players & Entities
- Baker Hughes Co. (company) — Filer of the 10-Q
- 20240630 (date) — Period of report for the 10-Q
- 20240726 (date) — Filing date of the 10-Q
- 575 NORTH DAIRY ASHFORD ROAD, SUITE 100 (address) — Business and mailing address
- HOUSTON (location) — City of business and mailing address
- TX (location) — State of business and mailing address
- 77079-1121 (postal_code) — ZIP code of business and mailing address
- 713-439-8600 (phone_number) — Business phone number
FAQ
What is the reporting period for this 10-Q filing?
The conformed period of report is 20240630, meaning the filing covers the period up to June 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on 20240726.
What is Baker Hughes Co.'s primary industry classification?
Baker Hughes Co. is classified under OIL & GAS FILED MACHINERY & EQUIPMENT [3533].
What is the company's fiscal year end?
The company's fiscal year ends on 1231.
What were the dates for the second quarter of 2024 for reporting purposes?
The second quarter of 2024 for reporting purposes was from 2024-04-01 to 2024-06-30.
From the Filing
0001701605-24-000111.txt : 20240726 0001701605-24-000111.hdr.sgml : 20240726 20240726163449 ACCESSION NUMBER: 0001701605-24-000111 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 95 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240726 DATE AS OF CHANGE: 20240726 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: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38143 FILM NUMBER: 241147556 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 10-Q 1 bkr-20240630.htm 10-Q bkr-20240630 0001701605 12/31 2024 Q2 false xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure bkr:segment bkr:product_line 0001701605 2024-01-01 2024-06-30 0001701605 2024-07-17 0001701605 us-gaap:ProductMember 2024-04-01 2024-06-30 0001701605 us-gaap:ProductMember 2023-04-01 2023-06-30 0001701605 us-gaap:ProductMember 2024-01-01 2024-06-30 0001701605 us-gaap:ProductMember 2023-01-01 2023-06-30 0001701605 us-gaap:ServiceMember 2024-04-01 2024-06-30 0001701605 us-gaap:ServiceMember 2023-04-01 2023-06-30 0001701605 us-gaap:ServiceMember 2024-01-01 2024-06-30 0001701605 us-gaap:ServiceMember 2023-01-01 2023-06-30 0001701605 2024-04-01 2024-06-30 0001701605 2023-04-01 2023-06-30 0001701605 2023-01-01 2023-06-30 0001701605 us-gaap:CommonClassAMember 2024-04-01 2024-06-30 0001701605 us-gaap:CommonClassAMember 2023-04-01 2023-06-30 0001701605 us-gaap:CommonClassAMember 2024-01-01 2024-06-30 0001701605 us-gaap:CommonClassAMember 2023-01-01 2023-06-30 0001701605 2024-06-30 0001701605 2023-12-31 0001701605 us-gaap:CommonClassAMember 2024-06-30 0001701605 us-gaap:CommonClassAMember 2023-12-31 0001701605 us-gaap:CommonClassBMember 2023-12-31 0001701605 us-gaap:CommonClassBMember 2024-06-30 0001701605 us-gaap:CommonStockMember 2023-12-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001701605 us-gaap:RetainedEarningsMember 2023-12-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001701605 us-gaap:NoncontrollingInterestMember 2023-12-31 0001701605 us-gaap:RetainedEarningsMember 2024-01-01 2024-06-30 0001701605 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-06-30 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-06-30 0001701605 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-06-30 0001701605 us-gaap:CommonStockMember 2024-06-30 0001701605 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001701605 us-gaap:RetainedEarningsMember 2024-06-30 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0001701605 us-gaap:NoncontrollingInterestMember 2024-06-30 0001701605 us-gaap:CommonStockMember 2024-03-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001701605 us-gaap:RetainedEarningsMember 2024-03-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001701605 us-gaap:NoncontrollingInterestMember 2024-03-31 0001701605 2024-03-31 0001701605 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001701605 us-gaap:NoncontrollingInterestMember 2024-04-01 2024-06-30 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0001701605 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001701605 us-gaap:CommonStockMember 2022-12-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001701605 us-gaap:RetainedEarningsMember 2022-12-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeM