Welcome to our dedicated page for Halliburton news (Ticker: HAL), a resource for investors and traders seeking the latest updates and insights on Halliburton stock.
Halliburton Company (HAL) provides essential oilfield services and technological solutions to the global energy industry. This news hub offers investors and industry professionals direct access to official press releases, operational updates, and strategic developments from one of the world's most established energy service providers.
Track critical updates including quarterly earnings reports, technological advancements in hydraulic fracturing and directional drilling, strategic partnerships, and leadership announcements. Our curated collection ensures timely access to information that impacts Halliburton's market position and the broader oilfield services sector.
Key content categories include financial disclosures, innovation milestones in material science and drilling technologies, contract awards with energy producers, and sustainability initiatives. All materials are sourced directly from verified corporate communications to maintain accuracy and compliance.
Bookmark this page for streamlined access to Halliburton's latest developments. Combine these updates with fundamental analysis tools available on Stock Titan to inform your energy sector research.
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.
Halliburton Company (NYSE: HAL) has declared a third quarter dividend of $0.045 per share on its common stock. The dividend payment will be made on September 22, 2021, to shareholders of record as of the close of business on September 1, 2021. This reflects Halliburton's ongoing commitment to returning value to its shareholders amidst its operations as a major provider in the energy sector.
Halliburton Company (NYSE: HAL) announced the successful implementation of its SmartFleet™ intelligent fracturing system in the Permian Basin, which improves subsurface fracture placement and overall completion execution. Key benefits include a 30% improvement in cluster uniformity, 25% reduction in completion costs, and up to 20% uplift in production. This technology enables real-time control and insights into fracture performance, allowing operators to optimize completions based on dynamic reservoir behavior.
Halliburton Company (NYSE: HAL) and VoltaGrid LLC have successfully deployed an advanced electric fracturing solution under a multi-year contract with Chesapeake Energy Corporation (NASDAQ: CHK). This project, featuring Halliburton's Zeus™ 5,000 horsepower electric pumping unit, aims to reduce emissions by 32% using VoltaGrid's power generation system. The Zeus unit provides 40% higher performance than conventional pumps, delivering over 22 barrels per minute. Chesapeake can now track emissions in real time, enhancing fuel efficiency across operations.
