Baker Hughes reorganizes into two segments effective Oct 1, 2022: OFSE and IET

Baker Hughes Co

Merged Oilfield Services & Oilfield Equipment into Oilfield Services & Equipment (OFSE).
Merged Turbomachinery & Process Solutions and Digital Solutions into Industrial & Energy Technology (IET).
OFSE includes Well Construction, Completions Intervention & Measurements, Production Solutions, Subsea & Surface Pressure Systems.
IET includes Gas Technology and Industrial Technology (Condition Monitoring, Inspection, Pumps Valves & Gears, PSI & Controls).
Filed historical financial supplement (Ex 99.1) with revenue, orders, and EBITDA by new segments from FY2019 through Q3 2022.

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