Lynn L. Elsenhans
On March 28, 2025, Lynn L. Elsenhans informed Baker Hughes Company (the “Company”) that she will not stand for re-election at the Company’s upcoming 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”).
Highest-materiality recent filing
Baker Hughes files EC Form CO for Chart acquisition; expects close in July 2026
Filed Form CO with European Commission on May 21, 2026, initiating Phase I review.
Baker Hughes Q1 net income $930M, EPS $0.93; adjusted EPS $0.58; IET orders record $4.9B
Orders $8.2B, record IET orders $4.9B (book-to-bill 1.5x); RPO $36.1B, record IET RPO $33.1B.
Baker Hughes issues $6.5B USD and €3B notes for Chart Industries acquisition
Total $6.5B USD senior notes: $500M @4.050% due 2029, $1.25B @4.350% due 2031, $750M @4.650% due 2033, $2B @5.000% due 2036, $2B @5.850% due 2056.
Chart 2025 sales $4.26B (+2.5% YoY) but net income dropped to $13.5M from $191.3M in 2024.
Baker Hughes reports record 2025 EBITDA $4.8B, record free cash flow $2.7B
Q4 orders $7.9B (IET $4.0B); FY orders $29.6B with record IET $14.9B.
Hart-Scott-Rodino waiting period expired at 11:59 p.m. ET on November 6, 2025.
Baker Hughes Q3 2025 EPS $0.61 GAAP / $0.68 adjusted; revenue $7.0B up 1% YoY
GAAP net income $609M, adjusted diluted EPS $0.68; orders $8.2B including $4.1B IET orders.
Baker Hughes enters $2.6B term loan to finance Chart Industries acquisition
$2.6B senior unsecured delayed draw term loan facility entered on August 15, 2025 with Goldman Sachs Bank USA as administrative agent.
Baker Hughes to acquire Chart Industries for $210/sh in $13.6B all-cash deal
Purchase price of $210 per share in cash; enterprise value of $13.6 billion; ~9x 2025E consensus EBITDA on fully synergized basis.
Baker Hughes Q2: Adj EBITDA up 7% to $1.2B; IET orders $3.5B; raises FY guidance
Orders of $7.0B, IET orders $3.5B; RPO $34.0B, record IET RPO $31.3B.
Baker Hughes Q1 2025 adjusted EPS $0.51, revenue $6.4B flat YoY; orders $6.5B, RPO record $33.2B
GAAP diluted EPS $0.40; adjusted diluted EPS $0.51; adjusted EBITDA $1,037M, up 10% YoY.
Baker Hughes appoints Ahmed Moghal as CFO; reaffirms 2025 guidance
Ahmed Moghal appointed EVP and CFO effective Feb 24, 2025; succeeds Nancy Buese as advisor until April 30.
Baker Hughes Q4 revenue $7.4B (+8% YoY), adj. EPS $0.70, raises dividend 10% to $0.23
GAAP diluted EPS Q4 $1.18 (full-year $2.98); adjusted EPS Q4 $0.70 (full-year $2.35).
Baker Hughes Q3: record EBITDA margin 17.5%, adj. EPS $0.67, revenue up 4% YoY to $6.9B
GAAP diluted EPS $0.77; adjusted diluted EPS $0.67; attributable net income $766M.
Baker Hughes Q2 revenue up 13% YoY to $7.1B; raises FY guidance midpoint 5%
GAAP EPS $0.58, adjusted EPS $0.57; revenue $7.1B (+13% YoY), adjusted EBITDA $1,130M (+25%).
Baker Hughes Q1 2024 revenue up 12% to $6.4B; adjusted EPS $0.43 beats prior year
Orders of $6.5B, including $2.9B in IET; large awards from Aramco Master Gas System 3 and Cedar LNG.
Baker Hughes Q4 adjusted EPS $0.51; record adjusted EBITDA $1.09B; IET orders $3.03B
GAAP diluted EPS $0.43; adjusted EPS $0.51; net income $439M, up $257M YoY.
On March 28, 2025, Lynn L. Elsenhans informed Baker Hughes Company (the “Company”) that she will not stand for re-election at the Company’s upcoming 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”).
On March 28, 2025, the Board elected Ilham Kadri to serve as a director of the Company with a term beginning on May 1, 2025.
the Board of Directors (the “Board”) of Baker Hughes Company (the “Company”) announced the appointment of Ahmed Moghal as Executive Vice President and Chief Financial Officer of the Company, effective February 24, 2025
Nancy Buese who, by mutual agreement with the Board, ceased to serve as Chief Financial Officer of the Company effective February 24, 2025
On May 22, 2024, the Board of Directors (the “Board”) of Baker Hughes Company (the “Company”) elected Shirley Edwards to serve as a director of the Company with a term beginning on May 22, 2024.
On March 21, 2024, Nelda J. Connors informed Baker Hughes Company (the “Company”) that she will not stand for re-election at the Company’s upcoming 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”).
elected Abdulaziz M. Al Gudaimi to serve as a director of the Company with a term beginning on January 1, 2024.
Max materiality 0.95 · Median 0.65 · Most common event earnings