Baker Hughes Co. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Baker Hughes Company and Baker Hughes Holdings LLC on September 8, 2020. The filing serves to disclose a presentation by the Chairman, President, and Chief Executive Officer, Lorenzo Simonelli, at the Barclays 2020 CEO Energy-Power Conference in New York.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document references a presentation (Exhibit 99.1) containing financial results determined in accordance with GAAP and certain non-GAAP financial measures, but the numerical data itself is not included in the text of this Form 8-K.
Material Changes
No material changes to financial performance or operations are detailed in the text of this filing. The report focuses solely on the disclosure of the upcoming conference presentation.
Guidance, Outlook, and Risks
Management commentary and outlook are contained within the presentation furnished as Exhibit 99.1. The filing explicitly states that the information in the presentation is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other filings unless expressly stated. The document notes that any non-GAAP measures included in the presentation should be considered in addition to, not as a substitute for, GAAP measures.
Key Facts for Investor Verification
- Verify the specific financial figures and guidance provided in the presentation attached as Exhibit 99.1, as they are not listed in the main body of this report.
- Confirm the distinction between GAAP and non-GAAP measures presented by management in the conference materials.
- Note that the presentation materials are furnished but not "filed" under Section 18 of the Exchange Act, limiting their legal liability status compared to standard filings.