MELANY's data-driven read on Baker Hughes Company · Oil & Gas Field Machinery & Equipment.
Following a 2022 reorganization, Baker Hughes operates two segments: oilfield services and equipment, and industrial and energy technology. Its oilfield services and equipment segment is one of the Big Three oilfield-services players alongside SLB and Halliburton, mainly supplying hydrocarbon developers and producers including national oil companies, major integrated firms, and independents. Markets outside North America buy roughly three-fourths of the segment's offerings.
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