Finances

Baker Hughes sees big drop in 2015 North American revenue

Baker Hughes revenue for 2015 was $15.7 billion, down $8.8 billion compared to$24.6 billion for 2014 HOUSTON, Texas – Baker Hughes, soon to be merged with oil services giant Halliburton, is reporting a profit despite the challenging global price environment, the company reported last week. “Our 2015 results are reflective of an extremely difficult and increasingly

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Halliburton revenue drops 28% in Q4, 2016 to be ‘a tough year’

Total Halliburton annual revenue of $23.6 billion declined 28% year-over-year, moving ahead with Baker Hughes acquisition Economic headwinds affecting the global oil and gas industry took their toll on industry leader Halliburton, but the company says it still managed to outperform industry averages. Halliburton has announced that income from continuing operations for the fourth quarter of 2015

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