5 Biggest Offshore Oil Rig Companies in the U.S.

3. Baker Hughes Company (NASDAQ:BKR)

Latest Market  Capitalization: $30.56 billion

Baker Hughes Company (NASDAQ:BKR) is a Texas-based company headquartered in Houston. The firm provides products and services for offshore drills. These include components such as drill bits, drill fluids, and pumping systems.

As of Q4 2022, 33 of the 943 hedge funds profiled by Insider Monkey had held a stake in the company. Out of these, Baker Hughes Company (NASDAQ:BKR)’s largest investor is Steve Cohen’s Point72 Asset Management since it owns 1.6 million shares that are worth $49 million.

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