OFS-Oilfield Services

First-quarter highlights Orders of $6.5 billion, including $2.9 billion of IET orders. Revenue of $6.4 billion, up 12% year-over-year. Net income attributable to the Company of $455 million. GAAP diluted EPS of $0.45 and adjusted diluted EPS* of $0.43. Adjusted EBITDA* of $943 million, up 21% year-over-year. Cash flows from operating activities were $784 million and free cash flow* was $502 million. Returns to shareholders of $368 million, including $158 million of share repurchases. HOUSTON …

Baker Hughes Company Announces First-Quarter 2024 Results Read More »

  First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21% First quarter operating income of $233 million increased 26% year-over-year First quarter net income of $112 million, an 8.2% margin, increased 56% year-over-year First quarter adjusted EBITDA* of $336 million, a 24.7% margin and the highest in over 15 …

Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance Read More »