The second of the "big three" oil and gas service companies, Baker Hughes (NYSE:BHI), released its fourth-quarter and full-year results for 2012 this morning. Much like its larger peer, Schlumberger (NYSE:SLB), Baker Hughes witnessed continued headwinds in the on-land North American market. Bright spots internationally lead to an 8% jump in year-over-year revenues, but margins did not allow for any bottom-line growth. To see what markets helped and hurt this services leader, check out Motley Fool energy analyst Taylor Muckerman's video below.

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