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Baker Hughes Company
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Overview

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Description

Baker Hughes Company is a global energy technology and services provider headquartered in Houston, Texas. The company operates primarily through two business segments: Oilfield Services & Equipment and Industrial & Energy Technology. Its oilfield segment designs and delivers products and services for exploration, development, production, and decommissioning activities across both onshore and offshore environments, serving customers from national oil companies to independent producers. The industrial and energy technology segment offers turbines, compressors, pumps, valves, monitoring systems, and related services that support energy and industrial applications, including processing, transportation, and efficiency optimization across the value chain. Baker Hughes Company focuses on technologies that help customers improve reliability, operational performance, and environmental efficiency, addressing upstream, midstream, downstream, and broader industrial needs. Based in the United States and serving markets worldwide, the company holds a significant role in the energy sector as a major supplier of equipment, services, and digital solutions for complex energy and industrial operations.

About

CEO
Mr. Lorenzo Simonelli
Employees
53000
Address
575 North Dairy Ashford Road
Suite 100
Houston, 77079-1121, TX
United States
Phone
713 439 8600
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
Switzerland
MIC code
XSWX
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Latest press releases

Mar 12, 2026
Waygate Technologies Receives Frost & Sullivan's 2026 Global Company of the Year Recognition for Excellence in Remote Visual Inspection Leadership

Recognized for innovation, market leadership, and customer-focused execution in advancing remote visual inspection and digital inspection transformation

SAN ANTONIO, March 12, 2026 /PRNewswire/ -- Frost & Sullivan is pleased to announce that Waygate Technologies, a Baker Hughes business, has been named the 2026 Global Company of the Year Recognition in the remote visual inspection industry for its outstanding achievements in innovation, strategy execution, and customer impact. This recognition highlights Waygate Technologies' consistent leadership in driving measurable outcomes, strengthening its market position, and delivering customer-centric innovation in an evolving competitive landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Waygate Technologies excels in both, demonstrating its ability to align strategic initiatives with market demand while executing them with efficiency, consistency, and scale. "Brand strength at Waygate Technologies derives from consistent outcomes and sustained confidence within professional inspection circles," said Prem Shanmugam, VP & Global Practice Area Leader at Frost & Sullivan.

Guided by a long-term growth strategy focused on digital innovation, ecosystem partnerships, and continuous product development, Waygate Technologies has shown its ability to adapt and lead in a rapidly evolving inspection technology and non-destructive testing (NDT) landscape. The company's strategic agility and sustained investment in advanced imaging technologies, intelligent software platforms, and integrated inspection workflows have enabled it to scale effectively across global asset-intensive industries like aerospace, power generation, oil and gas, and advanced manufacturing.

Innovation remains central to Waygate Technologies' approach. Its suite of remote visual inspection (RVI) solutions—including high-precision video borescopes, pan-tilt-zoom camera systems, and cloud-enabled inspection platforms—addresses the full spectrum of industrial inspection needs. These solutions provide high-definition imaging, advanced measurement capabilities, and seamless data integration that enhance inspection accuracy, accelerate decision-making, and support predictive maintenance strategies. "As one of the leading NDT brands, we always strive to offer the best inspection solution on the market with the greatest added value for our customers," said Michael Bellamy, CEO of Waygate Technologies, a Baker Hughes business. "We are very grateful for this award, which reflects the special commitment and dedication of our entire team."

Waygate Technologies' unwavering commitment to customer experience further strengthens its market position. By streamlining service delivery, enabling structured inspection workflows through guided procedures (e.g., Menu Directed Inspection), and integrating digital collaboration through its InspectionWorks cloud platform, the company continues to meet the needs of its expanding global customer base. Its partner-led delivery model and focus on localized support have been key to delivering long-term value across diverse market segments.

Frost & Sullivan commends Waygate Technologies for setting a high standard in competitive strategy, execution, and market responsiveness. The company's vision, innovation pipeline, and customer-first culture are shaping the future of remote visual inspection and driving tangible results at scale.

Each year, Frost & Sullivan presents the Company of the Year Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition identifies forward-thinking organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan's Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.

Contact us: Start the discussion.

Contact:

Ashley Shreve

E: ashley.weinkauf@frost.com

About Waygate Technologies

Waygate Technologies is a Baker Hughes business. As an industrial inspection solutions provider and world leader in nondestructive testing (NDT), we ensure safety, quality and productivity. We combine more than 130 years of experience and a collection of heritage product brands including Krautkrämer, Phoenix, Seifert, Everest and Agfa NDT. Today, hundreds of brands in the energy, battery, electronics, aerospace, automotive, rail and advanced manufacturing industries trust our technologies. We drive digital transformation through cloud-based and AI-enhanced tools as well as our broad portfolio of award-winning solutions in industrial radiography and computed tomography (CT), remote visual inspection (RVI), ultrasound (UT), and robotic inspection. Waygate Technologies is part of the Industrial Products portfolio within the Industrial & Energy Technology business segment of Baker Hughes (NASDAQ: BKR). Inspection starts with us: bakerhughes.com/waygate-technologies

Contact:

Henning Juknat

Global Communications Leader

Waygate Technologies, a Baker Hughes business

E: henning.juknat@bakerhughes.com

Cision View original content:https://www.prnewswire.co.uk/news-releases/waygate-technologies-receives-frost--sullivans-2026-global-company-of-the-year-recognition-for-excellence-in-remote-visual-inspection-leadership-302710385.html

Jun 19, 2025
EnerCom Announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th Annual EnerCom Denver - The Energy Investment Conference

Register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies at www.enercomdenver.com 

Limited presentation opportunities remain for E&P, Midstream, OFS, Energy Transition, Nuclear and Emerging Technology companies

Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom's multi-channel approach before, during, and after the event

DENVER, June 19, 2025 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference.

For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. This year's conference will occur August 17-20, 2025, at The Westin Denver Downtown. 

Institutional investors, portfolio managers, family offices, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver at www.EnerComDenver.com. The conference is free for qualified investment professionals. 

About Ron Gusek

Ron Gusek is the CEO of Liberty Energy, after serving as President since November 2016. He joined the company in 2014 as VP of Technology and Development. With 25 years of experience in North American oil and gas, Ron has also gained international expertise through work in Asia, Russia, and the Middle East. At Liberty, he focuses on technology innovation, service quality, efficiency, and optimization.

Ron holds a B.Sc. in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs.

Ron is a runner, cyclist, hiker, skier, and occasional adventure racer. Ron is a devoted husband to Jodi and a proud father to their two daughters.

About Amerino Gatti

Amerino Gatti is Executive Vice President of Oilfield Services & Equipment at Baker Hughes. He is responsible for leading approximately 33,000 employees and setting the value-creation strategies of the business.

Gatti brings more than 30 years of experience in energy and industrial sectors. Prior to joining Baker Hughes, he served as Chief Executive Officer and Chairman of the Board of TEAM, Inc. from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries.

Prior to joining TEAM, Gatti spent 25 years with oilfield services firm Schlumberger, holding a variety of leadership roles including Executive Officer and President of the Production Group. His roles also included President of Well Services, Vice President of the Production Group for North America, Vice President and General Manager for Qatar and Yemen, Global Vice President for Sand Management Services, and Vice President Marketing for North America. His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East.

Gatti served on the Board of Helix Energy Solutions Group, Inc. from 2018-2024. Additionally, he serves on the Board of American Cancer Society, Greater Houston Area; co-chairman of the Men Wear Pink Campaign; and previously Board member of Junior Achievement; and co-Chair of the Easter Seals Walk with Me Executive Leadership Committee.

Gatti earned a degree in mechanical engineering from the University of Alberta, Canada. 

Companies interested in presenting can contact Larry Busnardo at lbusnardo@enercominc.com.

Sponsorship opportunities are available by contacting Blanca Andrus at bandrus@enercominc.com.

The presenting company lineup as of June 18, 2025, includes: 

Companies continue to be added to the schedule daily.

Conference Overview

Conference Details: EnerCom Denver offers investment professionals a unique opportunity to network and listen to senior management teams from leading companies across the energy value chain update investors on their operational and financial strategies and learn how they create value for stakeholders.

Conference Dates: August 17–20, 2025. EnerCom will host its annual Charity Golf Tournament on Sunday, August 17th at the scenic Arrowhead Golf Club in Littleton, Colorado. Benefitting IN! Pathways to Inclusive Higher Education, the Golf Tournament requires a $150 charity donation to participate. Formal presentations and meetings will be held Monday, August 18th, through Wednesday, August 20th.

Venue: Westin Denver Downtown. Please book rooms under the EnerCom Denver block. We encourage attendees to book their reservations as soon as possible, as rooms may sell out quickly.

Who Attends the Conference: Institutional investors, family offices, high-net-worth investors, private equity, research analysts, retail brokers, trust officers, investment and commercial bankers, and energy industry professionals gather in Denver for the conference.

Conference Format and Details: The EnerCom Denver conference follows EnerCom's familiar 25-minute presentation format, followed by 50-minute Q&A opportunities in separate breakout rooms, one-on-one meetings, and multiple networking opportunities. In addition to in-person access to all company presentations, panel discussions, and keynote speakers, conference registration allows investors and management teams to meet formally and informally over cocktails, breakfast, and lunch.

About EnerCom, Inc.:

Founded in 1994, EnerCom, Inc. has been a trusted advisor to the global energy industry, working with clients to differentiate and deliver targeted messages to investors. Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design. 

For more information about EnerCom and its services, please visit www.enercominc.com or call (303) 296-8834 to speak with one of our consultants.

EnerCom Denver Sponsors Include: 

Netherland, Sewell & Associates, Inc. (NSAI) 

Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. netherlandsewell.com 

Haynes and Boone, LLP 

Haynes Boone is an energy-focused corporate law firm that provides a full spectrum of legal services and solutions to clients across the energy industry, including the upstream, midstream, and downstream sectors as well as power and renewables. Our team of more than 100 energy lawyers and landmen has been helping operators, lenders, and private equity firms with some of their most complex and significant transactions and disputes in recent years. The firm's nearly 700 lawyers practice across 19 global offices located in California, Colorado, Illinois, New York, North Carolina, Texas, Virginia, Washington, D.C., London, Mexico City, and Shanghai. The 2023 Chambers USA Legal Guide ranked 31 different firm practice areas, and in 2024, Haynes Boone became the first Am Law 100 firm to ever earn a Gold-level Bell Seal from Mental Health America. The U.S. News & World Report and Best Lawyers "Best Law Firms" 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law. haynesboone.com 

IMA 

IMA Financial Group is an independent broker, defining the future of insurance through comprehensive and consultative risk and wealth management services. A majority employee-owned and managed company, its 2,300-plus associates in offices across the country are empowered by a shared mission to manage risk, protect assets, and make a difference. www.imacorp.com 

Petrie Partners 

Petrie Partners, LLC is a boutique investment banking firm dedicated to the energy industry. The senior leadership has a multi-decade legacy of delivering specialized advice on mergers and acquisitions, asset transactions and valuations, and financings to the boards and managements of public, private, and sovereign entities. Petrie clients benefit from the independent, conflict-free perspective and unwavering advocacy of their best interests that the team brings to every engagement. www.petrie.com 

Vitesse Energy

Vitesse is a Denver-based company focused on returning capital to stockholders through owning and acquiring predominantly non-operated working interests in oil and gas properties in the Williston Basin of North Dakota and Montana. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com

Oil & Gas 360®

The Media Sponsor of Enercom Denver, Oil & Gas 360® is a one-stop source of news, information, and analysis from the professionals at EnerCom, Inc. The website is dedicated to all things energy: people, technologies, transactions, trends, and macro-economic analysis that impact our industry. Oil & Gas 360

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/enercom-announces-liberty-energy-and-baker-hughes-as-keynote-speakers-at-the-30th-annual-enercom-denver--the-energy-investment-conference-302485810.html

SOURCE EnerCom, Inc.

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