Welcome to our dedicated page for Halliburton Company news (Ticker: HAL), a resource for investors and traders seeking the latest updates and insights on Halliburton Company stock.
Halliburton Company (symbol: HAL) is a leading force in the energy sector, founded in 1919. With a global presence in approximately 80 countries and a workforce of around 65,000 employees representing 140 nationalities, Halliburton provides an extensive range of products and services to the upstream oil and gas industry.
Halliburton’s operations span the entire lifecycle of a reservoir, from the initial stages of locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field. The company is renowned for its expertise in various business lines, including completion fluids, wireline services, and cementing.
Notably, Halliburton is the largest pressure pumper in North America and has pioneered innovations in hydraulic fracturing over the past two decades. This has positioned the company as one of the three largest oilfield service firms globally.
Halliburton's financial health is robust, with a focus on adjusted EBITDA, adjusted operating income, and adjusted free cash flow as key performance indicators. These metrics are vital for evaluating the company’s ongoing profitability and operational efficiency. The company’s recent projects and strategic partnerships further underline its commitment to technological advancements and sustainable growth in the energy sector.
For the latest updates and detailed information on Halliburton’s performance and developments, visit their official website at www.halliburton.com.
Halliburton Company (NYSE: HAL) will host a conference call on January 24, 2022, at 8:00 AM Central Time, to discuss its fourth quarter 2021 financial results. A press release with earnings information will be issued prior to the call and available on Halliburton's website. Investors can pre-register for the call or access a live webcast. A replay will be available until January 31, 2022, which can be accessed via telephone or online.
Halliburton Company (NYSE: HAL) has declared a fourth quarter dividend of $0.045 per share, payable on December 22, 2021, to shareholders recorded by December 9, 2021. This dividend reflects the company's commitment to returning value to its shareholders amid ongoing operations in the energy sector. Founded in 1919, Halliburton operates in over 70 countries, employing around 40,000 personnel. The company specializes in maximizing value throughout the lifecycle of energy reservoirs.
Halliburton Labs has selected four companies—
Halliburton (NYSE: HAL) has signed an agreement with Teck Resources Limited (NYSE: TECK) to provide access to Neftex® Predictions, enhancing Teck's global mineral exploration capabilities. The Neftex® Predictions platform delivers comprehensive geological frameworks for subsurface evaluation, thereby increasing exploration accuracy and reducing risks. Teck, a major Canadian mining firm, focuses on sustainable mining of copper, zinc, and coal, alongside energy investments across North America and South America.
Halliburton Company has announced the successful deployment of Landmark’s Digital Well Program® for BP’s Well Design Optimizer. This solution automates the well planning process, enhancing design optimization for placement and production. The Digital Well Program integrates planning and design into a single platform, streamlining workflows and increasing efficiency. The project aims to significantly reduce planning time and design cycles, ultimately improving well design accuracy and delivery.
Halliburton Company (NYSE: HAL) reported a net income of $236 million for Q3 2021, equating to $0.26 per diluted share, consistent with Q2 2021. Adjusted net income was $248 million, or $0.28 per diluted share. Total revenues reached $3.9 billion, up from $3.7 billion in Q2 2021. Operating income rose to $446 million. Notably, free cash flow increased to $469 million, with a cash balance of $2.6 billion. The company's strategic positioning aims to benefit from global commodity tightness, supported by improved operational metrics across its divisions.
Halliburton (NYSE: HAL) has secured an integrated services contract to undertake a drilling campaign for Energean in the Eastern Mediterranean, encompassing three firm and two optional wells. This collaboration follows a successful previous campaign in the Karish gas fields. Halliburton will provide a range of services including project management, directional drilling, and completion services, leveraging advanced technologies like StrataXaminer™ and iCruise®. This partnership aims to optimize well delivery and enhance production capabilities.
Halliburton Company (NYSE: HAL) announced that its Chairman, President, and CEO, Jeff Miller, will present at the 2021 Barclays CEO Energy-Power Conference on September 8, 2021, at 8:00 AM Eastern Time. Interested parties can tune in to the live presentation via webcast at www.halliburton.com. A replay will be available for twelve months post-event. Founded in 1919, Halliburton is a leading provider of energy services globally, operating in over 70 countries with approximately 40,000 employees.
Halliburton Company (NYSE: HAL) will hold a conference call on October 19, 2021, at 8:00 AM CT to discuss its Q3 2021 financial results. A press release detailing the earnings will be issued before the call, available on Halliburton's website. Participants can pre-register for the call to obtain dialing details. A replay will be accessible until October 26, 2021, via the website and by phone using passcode 5859585.
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