Baker Hughes name change becomes official


Baker Hughes officially dropped GE from that name.

The Houston Oilfield Services Company announced Thursday it has officially changed its name to Baker Hughes. The company's shares begin trading on the New York Stock Exchange on Friday morning with the stock ticker symbol BKR under

Baker Hughes merged with GE Oil & Gas in July 2017, relaunching as GE company Baker Hughes. The shares of the merged company were traded with the stock ticker symbol BHGE.

In a decision in September, Boston's conglomerate General Electric reduced ownership of Baker Hughes to 36.8{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5}, allowing the company to become independent again.

Service sector: Baker Hughes launches new logo

It's been less than two weeks since Baker Hughes changed its brand to an energy technology company and introduced new logos and shapes.


The new logo uses two green arrows merged into a geometric shape known as Mobius to symbolize the merger of the company, which is now integrated into one, but it also fits well with the 2050 zero carbon goal and technology designed to reduce customer emissions. .

Fuel Modifications: Get daily energy news headlines from your inbox

Based in Texas in 1907, Baker Hughes currently employs more than 64,000 people in 120 countries.

The company made $ 199 million in 2018 with sales of about $ 23 billion.

Read the latest oil and gas news at HoustonChronicle.com

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