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Hughes Tool Company was an American manufacturer of drill bits. Founded in 1908, it was merged into Baker Hughes Incorporated in 1987. History. The company was established in December 1908 as Sharp-Hughes Tool Company when Howard R. Hughes Sr. patented a roller cutter bit that dramatically improved the rotary drilling process for oil drilling rigs.
Baker Hughes Company. Baker Hughes Company is an American energy company based in Houston, Texas. As one of the world's largest oil field services companies, it provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting.
Dresser Industries. Dresser Industries was a multinational corporation headquartered in Dallas, Texas, United States, which provided a wide range of technology, products, and services used for developing energy and natural resources. In 1998, Dresser merged with its main rival Halliburton. [1] Halliburton sold many of former Dresser non "oil ...
Petrolite Corporation. Petrolite Corporation was an American manufacturer of chemicals. Founded in 1930 from the merger of the Tret-O-lite Company with the Petroleum Rectifying Company of California (PETRECO), [1] it was subsequently merged into Baker Hughes Incorporated in 1997. [2]
In the quest to find great investments, most investors focus on earnings to gauge a company's financial strength. This is a good start, but earnings can be misleading and incomplete. To get a ...
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A 401(k) is a retirement account that a company may offer to its employees. In some cases, enrollment in the employer’s 401(k) is automatic; in other cases it’s not.
At one point, known as BJ Services Company, the company operated in more than 50 countries worldwide. BJ Services generated record revenue of $5.4 billion in fiscal 2008, up 13% from the prior year, and had 18,000 employees. On April 28, 2010, the company was bought by Baker Hughes in a $5.5 billion stock and cash deal.
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