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Halliburton Company - HAL STOCK NEWS

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.

Rhea-AI Summary
Halliburton and Oil States Industries have announced a strategic collaboration to provide customers with innovative deepwater managed pressure drilling (MPD) solutions. This collaboration aims to improve control and operational efficiencies for offshore drillers by combining Halliburton's services, control systems, digital platform, and training with Oil States' integrated riser joint.
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Halliburton reports net income of $0.79 per diluted share and revenue of $5.8 billion for Q3 2023. International revenue grows by 17% YoY. The company repurchases approximately $200 million of common stock.
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Halliburton and Core Laboratories collaborate to accelerate delivery of digital rock data solutions, reducing time from months to weeks.
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Halliburton highlights new technologies and sustainable solutions at ADIPEC. New products improve drilling performance, wellbore stability, reservoir contact, and oil recovery. CEO to discuss low carbon solutions.
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Halliburton to host conference call to discuss Q3 2023 financial results.
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Halliburton (HAL) declares 2023 Q3 dividend of $0.16 per share.
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Halliburton Company (NYSE: HAL) reported net income of $0.68 per diluted share and adjusted net income per diluted share of $0.77, a 50% increase YoY. Revenue was $5.8 billion, a 14% increase YoY. Operating margin increased by 329 basis points YoY. Cash flow from operating activities was $1.1 billion and free cash flow was $798 million.
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Halliburton and Nabors Industries announce an agreement on leading well construction automation solutions. The companies will collaborate on technologies to automate well construction services, enhancing rig capabilities and reducing operational risks.
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FAQ

What is the current stock price of Halliburton Company (HAL)?

The current stock price of Halliburton Company (HAL) is $25.97 as of December 20, 2024.

What is the market cap of Halliburton Company (HAL)?

The market cap of Halliburton Company (HAL) is approximately 22.9B.

What does Halliburton Company do?

Halliburton provides a wide range of products and services to the upstream oil and gas industry, from locating hydrocarbons to optimizing production.

When was Halliburton founded?

Halliburton was founded in 1919.

How many employees does Halliburton have?

Halliburton employs approximately 65,000 people.

In how many countries does Halliburton operate?

Halliburton operates in around 80 countries.

What are some of Halliburton's core business lines?

Halliburton excels in completion fluids, wireline services, cementing, and hydraulic fracturing.

What is Halliburton's significance in hydraulic fracturing?

Halliburton has been a leading innovator in hydraulic fracturing over the past two decades.

What financial measures does Halliburton use to evaluate performance?

Halliburton uses metrics such as adjusted EBITDA, adjusted operating income, and adjusted free cash flow.

Where can I find the latest news about Halliburton?

The latest news and updates about Halliburton can be found on their official website at www.halliburton.com.

Who are the primary users of Halliburton's products and services?

Halliburton's products and services are primarily used by companies in the upstream oil and gas industry.

What is Halliburton's role in the global energy sector?

Halliburton is one of the three largest oilfield service firms globally, offering comprehensive solutions throughout the lifecycle of a reservoir.

Halliburton Company

NYSE:HAL

HAL Rankings

HAL Stock Data

22.90B
874.40M
0.45%
86.25%
2.51%
Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
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United States of America
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