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BAKER HUGHES COMPANY

(BKR)
  Report
Delayed Nasdaq  -  04:00 2022-12-06 pm EST
28.38 USD   -1.18%
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Panametrics Employees Adapt PlayStations To Benefit Children's Ward at University Hospital Limerick

09/26/2022 | 12:35pm EST

Employees from Panametrics, a Baker Hughes business, work together to develop unique mobile stands for PlayStations

SHANNON, Ireland - Employees from Panametrics, a Baker Hughes business, manufactured and donated three uniquely mobile video game station stands to the Childrens' Ark Ward at the University Hospital Limerick (UHL).

PlayStation* video game consoles and accompanying monitors have been fitted to stands constructed by colleagues at Panametrics.

"Thinking about how we could make life better for children getting medical treatment in the Ark Ward, we came up with something we knew would brighten their day - PlayStation* consoles," said Dave King, manufacturing systems specialist at Panametrics. "However, we also knew that many of the children are limited to their hospital beds, so we needed to bring the PlayStation* consoles to them. Panametrics donated the aluminum, wheels and brackets we used to manufacture the mobile stands, plus the monitors. Meanwhile, our colleagues in Shannon donated three PlayStation consoles and a countless number of games. We're glad we are able to help keep patients entertained in difficult circumstances."

"Thank you to Dave and all the team at Panametrics for their generosity and their innovative approach," said Deirdre Twohig, Clinical Nurse Manager 1 at the UHL. "The mobile video game stations make a big difference to the quality of life for many of the children on the Ark Ward."

With a major manufacturing facility based in Shannon, Panametrics, a Baker Hughes business, is a global energy company that specializes in developing measurement technology used in gas, moisture and flow applications.

*PlayStation is a registered trademark of Sony Interactive Entertainment.

ENDS

About Baker Hughes

Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward - making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

About Panametrics, a Baker Hughes business

Panametrics, a Baker Hughes business, provides solutions in the toughest applications and environments for moisture, oxygen, liquid and gas flow measurement. Experts in flare management, Panametrics technology also reduces flare emissions and optimizes performance.

With a reach that extends across the globe, Panametrics' critical measurement solutions and flare emissions management are enabling customers to drive efficiency and achieve carbon reduction targets across critical industries including: Oil & Gas; Energy; Healthcare; Water and Wastewater; Chemical Processing; Food & Beverage and many others. Website; LinkedIn

For more information, please contact:

Media Relations

Niall Dowds

Senior Communications Leader, Panametrics

+44 (0) 7900 977777

niall.dowds@bakerhughes.com

Tweet me: Employees from Panametrics, a @bakerhughesco business, work together to develop unique mobile PlayStation stands for the Childrens' Ark Ward at the @ULHospitals. Learn more: https://bit.ly/3fiFD1l

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(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2022 21 345 M - -
Net income 2022 -395 M - -
Net Debt 2022 3 518 M - -
P/E ratio 2022 -71,6x
Yield 2022 2,51%
Capitalization 28 762 M 28 762 M -
EV / Sales 2022 1,51x
EV / Sales 2023 1,30x
Nbr of Employees 55 000
Free-Float 99,2%
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Mean consensus BUY
Number of Analysts 25
Last Close Price 28,72 $
Average target price 33,37 $
Spread / Average Target 16,2%
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Managers and Directors
Lorenzo Simonelli Chairman, President & Chief Executive Officer
Nancy K. Buese Chief Financial Officer
Jeff Fleece Chief Information Officer
Gregory D. Brenneman Independent Director
Lynn Laverty Elsenhans Independent Non-Executive Director
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