Baker Hughes officially dropped GE from its name
The Houston oilfield service company has reported that it has officially changed its name to the Baker Hughes Company.
Baker Hughes has announced that it dropped the reference to General Electric in its branding, changing its from Baker Hughes, a GE company – BHGE – to Baker Hughes Co..
The new name “better reflect its current and intended principal business operations and diversified portfolio,” Baker Hughes stated.
The name change comes less than two weeks after Baker Hughes rebranded itself as an energy technology company and rolled out a new logo and look.
The company's ticker symbol -formerly "BHGE" - has changed to "BKR" on Oct. 18. The oilfield services firm is now trading on the New York Stock Exchange under the symbol “BKR.”
This is the second name change for Baker Hughes in just over two years.
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