Discontinued — last reported Q3 '24
Business Segments · Restructuring Charges
Oilfield Services — Restructuring Charges
Year-over-year, this metric declined by 100.0%, from $4.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ3 2024
Rolls up toRestructuring Charges
How to read this metric
High charges suggest significant operational changes, while a trend of declining charges may indicate the completion of a restructuring phase.
Detailed definition
This represents the costs incurred by the Oilfield Services segment to reorganize operations, including severance, facil...
Peer comparison
Commonly reported by peers during cyclical downturns or periods of strategic consolidation.
Metric ID:
bkr_segment_oilfield_services_restructuring_chargesHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $53.00M | $14.00M | $2.00M | $16.00M | $40.00M | $15.00M | $26.00M | $4.00M | $0.00 | $0.00 |
| QoQ Change | — | -73.6% | -85.7% | +700.0% | +150.0% | -62.5% | +73.3% | -84.6% | -100.0% | — |
| YoY Change | — | — | — | -69.8% | +185.7% | +650.0% | +62.5% | -90.0% | -100.0% | -100.0% |
Range$0.00 – $53.00M
CAGR-100.0%
Avg YoY Growth+76.9%
Median YoY Growth-69.8%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Baker Hughes's oilfield services — restructuring charges?
- Baker Hughes (BKR) reported oilfield services — restructuring charges of $0.00 in Q3 2024.
- How has Baker Hughes's oilfield services — restructuring charges changed year-over-year?
- Baker Hughes's oilfield services — restructuring charges decreased by 100.0% year-over-year, from $4.00M to $0.00.
- What does oilfield services — restructuring charges mean?
- Expenses related to reorganizing or downsizing the Oilfield Services segment to improve efficiency.