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Form Type:  4
Filing Date:  5/6/2021 
CIK:  0001701605 
City, State, Zip:  HOUSTON, Texas 77073 
Telephone:  713-439-8600 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
-0.45 (-1.85%)  
Trade Time: 
Sep 17  
Market Cap: 
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© 2021  
Description of Business
Baker Hughes Company (Baker Hughes, the Company, we, us, or our) is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. We conduct business in more than 120 countries. The Company was formed in July 2017 as the result of a combination between Baker Hughes Incorporated (BHI) and the oil and gas business (GE O&G) of General Electric Company (GE) (the Transactions). As a result of the Transactions, substantially all of the business of GE O&G and of BHI was transferred to a subsidiary of the Company, Baker Hughes Holdings LLC (BHH LLC). In 2019, we accelerated our separation efforts from GE and in September 2019, GE sold down its stake in Baker Hughes to below 50%. In July 2020, GE launched a program to fully divest of its ownership in Baker Hughes over approximately three years. As of December 31, 2020, GE's economic interest in BHH LLC was 30.1%.