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, 2021. The report discloses a presentation made by Chairman, President, and CEO Lorenzo Simonelli at the Barclays 2021 CEO Energy-Power Conference in New York on the same date.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a disclosure of a presentation containing financial information rather than a standalone financial statement. The presentation includes both GAAP and non-GAAP financial measures, but the specific figures are contained within the attached Exhibit 99.1 and are not detailed in the body of this 8-K.
Material Changes
No material changes to financial results or operations are explicitly detailed in the text of this filing. The report focuses on the dissemination of information via the 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 company notes that non-GAAP measures included in the presentation should be considered in addition to, not as a substitute for, GAAP measures.
Investor Verification Checklist
- Review Exhibit 99.1 (Presentation dated September 8, 2021) for specific revenue, profit, and guidance figures.
- Verify the reconciliation of non-GAAP financial measures to GAAP measures within the presentation.
- Confirm that the presentation content has not been superseded by subsequent filings.
- Note that the presentation itself is not legally "filed" under Section 18 of the Exchange Act per the terms of this 8-K.