Baker Hughes Company General and Administrative Expenses 2011-2026 | BKR

General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.

What these expenses include

Salaries of administrative staff (executives, HR, accountants, legal personnel)
Office rent and utilities
Office equipment and IT infrastructure
Professional services (auditors, lawyers, consultants)
Insurance
General administrative travel and representation expenses

What the metric indicates

Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure
Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit
Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry
Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines

Annual General and Administrative Expenses Baker Hughes Company

2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
2.51 B	2.47 B	2.4 B	2.83 B	2.7 B	2.54 B	2.96 B	2.12 B	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
2.96 B	2.12 B	2.56 B

Quarterly General and Administrative Expenses Baker Hughes Company

2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
695 M	655 M	-	620 M	624 M	621 M	-	607 M	642 M	587 M	-	565 M	590 M	675 M	-	679 M	701 M	704 M	-	608 M	662 M	674 M	-	795 M	461 M	492 M	-	475 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
795 M	461 M	625 M

General and Administrative Expenses of other stocks in the Oil gas equipment industry

Issuer	General and Administrative Expenses	Price	% 24h	Market Cap	Country
Archrock AROC	148 M	$ 35.97	1.81 %	$ 6.27 B	USA
Adams Resources & Energy AE	14.9 M	-	-	$ 96.3 M	USA
DMC Global BOOM	61.3 M	$ 5.95	1.02 %	$ 118 M	USA
BP PLC BP	1.8 B	$ 39.19	0.85 %	$ 102 B	Britain
Frank's International N.V. FI	82.3 M	-	7.14 %	$ 120 M	USA
Core Laboratories N.V. CLB	34 M	$ 17.35	-1.36 %	$ 798 M	Niderland
Seacor Holdings Inc. CKH	113 M	-	0.22 %	$ 851 M	USA
Cenovus Energy CVE	849 M	$ 22.97	2.96 %	$ 38.9 B	Canada
Chevron Corporation CVX	5.13 B	$ 188.68	1.03 %	$ 349 B	USA
NOW DNOW	541 M	$ 11.75	-0.25 %	$ 1.25 B	USA
Dawson Geophysical Company DWSN	9.46 M	$ 3.36	-1.75 %	$ 104 M	USA
Eni S.p.A. E	2.86 B	$ 47.64	1.49 %	$ 109 B	Italia
Ecopetrol S.A. EC	4.15 T	$ 12.17	2.35 %	$ 25.1 B	Colombia
Equinor ASA EQNR	780 M	$ 31.72	6.34 %	$ 98.4 B	Norway
ChampionX Corporation CHX	721 M	-	-	$ 4.92 B	USA
Forum Energy Technologies FET	200 M	$ 59.69	2.86 %	$ 709 M	USA
TechnipFMC plc FTI	705 M	$ 67.41	1.69 %	$ 27.8 B	Britain
Flotek Industries FTK	27.9 M	$ 15.6	2.09 %	$ 387 M	USA
Cypress Environmental Partners, L.P. CELP	20.1 M	-	-	$ 6.04 M	USA
Dril-Quip DRQ	129 M	-	-3.51 %	$ 527 M	USA
Geospace Technologies Corporation GEOS	29.8 M	$ 9.5	3.6 %	$ 122 M	USA
FTS International, Inc. FTSI	4 M	-	-0.61 %	$ 366 M	USA
ION Geophysical Corporation IO	27.5 M	-	-6.68 %	$ 10.4 M	USA
Halliburton Company HAL	239 M	$ 36.25	0.69 %	$ 30.9 B	USA
PetroChina Company Limited PTR	57.8 B	-	-0.51 %	$ 140 B	China
RigNet, Inc. RNET	43.8 M	-	-2.24 %	$ 202 M	USA
Helix Energy Solutions Group HLX	75.9 M	$ 9.25	0.65 %	$ 1.37 B	USA
China Petroleum & Chemical Corporation SNP	55 B	-	-	$ 550 B	China
Imperial Oil Limited IMO	1.39 B	$ 119.82	2.15 %	$ 60.2 B	Canada
Liberty Oilfield Services LBRT	247 M	$ 28.71	2.21 %	$ 4.65 B	USA
Gulf Island Fabrication GIFI	11.8 M	-	-	$ 186 M	USA
Exterran Corporation EXTN	133 M	-	-	$ 153 M	USA
Matrix Service Company MTRX	71.2 M	$ 11.05	0.55 %	$ 307 M	USA
NCS Multistage Holdings NCSM	56.5 M	$ 39.41	-1.08 %	$ 97.5 M	USA
National Energy Services Reunited Corp. NESR	63.8 M	$ 24.6	-1.8 %	$ 2.35 B	USA
National Fuel Gas Company NFG	75.1 M	$ 91.89	0.94 %	$ 8.32 B	USA
Natural Gas Services Group NGS	16.5 M	$ 38.53	0.69 %	$ 475 M	USA
North American Construction Group Ltd. NOA	35.4 M	$ 16.93	1.14 %	$ 453 M	Canada
NOV NOV	1.2 B	$ 20.29	0.15 %	$ 7.55 B	USA
Oceaneering International OII	264 M	$ 35.52	0.06 %	$ 3.56 B	USA
Oil States International OIS	95 M	$ 12.99	-0.76 %	$ 805 M	USA
Petróleo Brasileiro S.A. - Petrobras PBR	-1.18 B	$ 17.11	2.92 %	$ 106 B	Brasil
ProPetro Holding Corp. PUMP	52.1 M	$ 12.47	2.8 %	$ 1.29 B	USA
Recon Technology, Ltd. RCON	45.9 M	$ 1.44	20.58 %	$ 13.1 M	China
RPC RES	156 M	$ 5.98	2.93 %	$ 1.26 B	USA
Ranger Energy Services RNGR	27.8 M	$ 17.82	2.3 %	$ 401 M	USA
Schlumberger Limited SLB	340 M	$ 51.36	0.04 %	$ 73 B	France
Sasol Limited SSL	37.6 B	$ 8.82	-1.12 %	$ 5.51 B	South-africa