Discontinued — last reported Q4 '24

Business Segments · Segment capital expenditures

Oilfield Services — Segment capital expenditures

Baker Hughes Oilfield Services — Segment capital expenditures remained flat by 0.0% to $238.50M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 0.6%, from $240.00M to $238.50M. Over 3 years (FY 2021 to FY 2024), Oilfield Services — Segment capital expenditures shows an upward trend with a 17.4% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2024

How to read this metric

Higher spending suggests growth investment or modernization, whereas lower spending may indicate capital discipline or a focus on cash flow generation.

Detailed definition

This metric tracks the cash outflows used by the Oilfield Services and Equipment segment to acquire, upgrade, and mainta...

Peer comparison

Standard capital expenditure reporting for business segments across the energy services industry.

Metric ID: bkr_segment_oilfield_services_equipment_segment_capital_expenditures

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value$590.00M$791.00M$960.00M$954.00M
YoY Change+34.1%+21.4%-0.6%
Range$590.00M$960.00M
CAGR+17.4%
Avg YoY Growth+18.3%
Median YoY Growth+21.4%

Frequently Asked Questions

What is Baker Hughes's oilfield services — segment capital expenditures?
Baker Hughes (BKR) reported oilfield services — segment capital expenditures of $238.50M in Q4 2024.
How has Baker Hughes's oilfield services — segment capital expenditures changed year-over-year?
Baker Hughes's oilfield services — segment capital expenditures decreased by 0.6% year-over-year, from $240.00M to $238.50M.
What is the long-term trend for Baker Hughes's oilfield services — segment capital expenditures?
Over 3 years (2021 to 2024), Baker Hughes's oilfield services — segment capital expenditures has grown at a 17.4% compound annual growth rate (CAGR), from $590.00M to $954.00M.
What does oilfield services — segment capital expenditures mean?
The amount of money spent by the Oilfield Services and Equipment segment on long-term physical assets.