How Has Baker Hughes’ Revenue And EBITDA Changed Over The Last Five Years?
Baker Hughes (NYSE:BHI), the third largest oilfield services company, has performed well post the economic slowdown in 2010 as the global economies recovered. The company’s revenue grew almost 55% between 2010-2014, while its EBITDA increased close to 70% during the same time. However, the slump in commodity prices that began in the later half of 2014 hit Baker Hughes’ revenue as well as profitability severely. The oilfield contractor’s revenue in 2015 dropped more than 35% compared to 2014, while its EBITDA plunged almost 70% within a year.
Have more questions about Baker Hughes (NYSE:BHI)? See the links below:
- How Has Baker Hughes’ Revenue And EBITDA Composition Changed Over The Last Five Years?
- What Is Baker Hughes’ Revenue And EBITDA Breakdown?
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- Baker Hughes Exceeds 1Q’17 Earnings Expectations; Continues To Focus On Product Innovation
- Baker Hughes To Report A Subdued Recovery In 1Q’17 Compared To Its Peers
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- Baker Hughes’ Fourth Quarter Earnings To Witness A Rise Driven By An Improvement In Oil Prices
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Baker Hughes
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