Baker Hughes Co. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated January 20, 2022, reports the financial results for Baker Hughes Company and Baker Hughes Holdings LLC for the quarter and full year ended December 31, 2021. The filing serves as a current report to announce these results and schedule a conference call for investors.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the news release furnished as Exhibit 99.1, which is incorporated by reference but not detailed in the body of this 8-K document.
Material Changes
No specific material changes versus prior periods are quantified in this filing. The document indicates that the Company has announced its fourth-quarter and total year 2021 results, but the specific variances are located in the referenced news release.
Guidance, Outlook, and Management Commentary
- Conference Call: Management scheduled a conference call for January 20, 2022, at 8:30 a.m. Eastern Time to discuss the earnings announcement.
- Non-GAAP Measures: The filing notes that the news release and conference call may include non-GAAP financial measures. Reconciliations to GAAP measures are included in the news release.
- Access: The webcast is available via the Baker Hughes investor website, with an archived version available for one month.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release) for specific Q4 and full-year 2021 revenue, net income, and cash flow figures.
- Verify the reconciliation of any non-GAAP financial measures to GAAP standards as provided in the news release.
- Access the archived conference call webcast for management's commentary on operational performance and future outlook.
- Confirm the status of the 5.125% Senior Notes due 2040 listed as registered securities.