Lorenzo Simonelli - Baker Hughes Chairman

68V Stock  EUR 41.22  0.09  0.22%   

Chairman

Mr. Lorenzo Simonelli is Chairman of the Board, President, Chief Executive Officer of the company. He was the Chairman of the Board of Directors of the Company since October 2017, and a Director, President and Chief Executive Officer of the Company since July 2017. Before joining the Company in July 2017, Mr. Simonelli was Senior Vice President, GE and President and Chief Executive Officer, GE Oil Gas from October 2013 to July 2017. Before joining GE Oil Gas, he was the President and Chief Executive Officer of GE Transportation from July 2008 to October 2013. Mr. Simonelli joined GE in 1994 and held various finance and leadership roles from 1994 to 2008. since 2017.
Age 50
Tenure 7 years
Phone713 439 8600
Webhttps://www.bakerhughes.com

Baker Hughes Management Efficiency

The company has return on total asset (ROA) of 0.0338 % which means that it generated a profit of $0.0338 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.037) %, meaning that it generated substantial loss on money invested by shareholders. Baker Hughes' management efficiency ratios could be used to measure how well Baker Hughes manages its routine affairs as well as how well it operates its assets and liabilities.
Baker Hughes Co has accumulated 5.98 B in total debt with debt to equity ratio (D/E) of 0.39, which is about average as compared to similar companies. Baker Hughes has a current ratio of 1.55, which is within standard range for the sector. Debt can assist Baker Hughes until it has trouble settling it off, either with new capital or with free cash flow. So, Baker Hughes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Baker Hughes sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Baker to invest in growth at high rates of return. When we think about Baker Hughes' use of debt, we should always consider it together with cash and equity.
Baker Hughes Company provides a portfolio of technologies and services worldwide. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. BAKER HUGHES operates under Oil Gas Equipment Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 54000 people. Baker Hughes Co (68V) is traded on Frankfurt Exchange in Germany and employs 55,000 people.

Management Performance

Baker Hughes Leadership Team

Elected by the shareholders, the Baker Hughes' board of directors comprises two types of representatives: Baker Hughes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Baker. The board's role is to monitor Baker Hughes' management team and ensure that shareholders' interests are well served. Baker Hughes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Baker Hughes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Regina Jones, Chief Officer
Jeff Fleece, Chief Officer
Kurt Camilleri, Chief Accounting Officer, Vice President Controller
Nancy CPA, Chief Officer
Brian Worrell, Chief Financial Officer
Judson CFA, VP Relations
Lorenzo Simonelli, Chairman of the Board, President, Chief Executive Officer
Deanna Jones, Communications People
Maria Borras, President and Chief Executive Officer, Oilfield Services
Roderick Christie, President - Turbomachinery and Process Solutions

Baker Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Baker Hughes a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in Baker Stock

When determining whether Baker Hughes is a strong investment it is important to analyze Baker Hughes' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baker Hughes' future performance. For an informed investment choice regarding Baker Stock, refer to the following important reports:
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Please note, there is a significant difference between Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baker Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.