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 Company (NYSE: HAL) has announced the promotion of Shannon Slocum to president of the Eastern Hemisphere, effective immediately. He succeeds Joe Rainey, who is retiring but will continue as a senior advisor. Slocum, who joined Halliburton in 2005, previously led global business development and has held various leadership roles globally. His extensive experience and strong customer relationships are expected to contribute positively to the company's strategy in the Eastern Hemisphere. Rainey's 45-year tenure is recognized for exceptional leadership and commitment to customer service.
Halliburton Company (NYSE: HAL) has announced that its annual meeting of shareholders will be held on May 17, 2023, at 9 a.m. CDT, at its Houston headquarters. Shareholders must be on record by March 20, 2023, to vote at the meeting. Halliburton is a prominent provider of energy industry products and services. Founded in 1919, the company focuses on innovative technologies to enhance asset value and promote a sustainable energy future.
Halliburton Company (NYSE: HAL) and Siguler Guff & Company, LP have launched Envana Software Partners, LLC, focusing on emissions management solutions. The Envana™ software suite offers software-as-a-service (SaaS) tools to track greenhouse gas emissions in the oil and gas sector, enhancing transparency and providing actionable data for reducing carbon footprints. The first product, Envana Catalyst, improves emissions tracking through customizable methodologies. This initiative represents a significant step towards sustainability in energy operations and is supported by Halliburton Landmark for sales and integration.
Halliburton Company (NYSE: HAL) has announced the appointment of Janet Weiss and Maurice Smith to its board of directors, effective February 21. They will stand for election by shareholders at the annual meeting on May 17. Janet Weiss brings extensive experience from her 35-year career in the oil and gas industry, notably as president of BP Alaska. Maurice Smith, currently the CEO of Health Care Service Corporation, contributes deep expertise in corporate strategy and financial operations. Together, they increase Halliburton's board to 13 members, with 12 being independent, enhancing leadership and operational insights.
Halliburton Company (NYSE: HAL) reported a net income of $656 million, or $0.72 per diluted share, for Q4 2022, up from $544 million in Q3 2022. The company's total revenue for Q4 was $5.6 billion, a slight increase from $5.4 billion in Q3. For the full year, revenue reached $20.3 billion, marking a 33% year-over-year increase. Operating income rose 50% year-over-year to $2.7 billion. The board declared a 33% increase in the quarterly dividend to $0.16 per share, payable on March 29, 2023. Halliburton's strategic focus on capital efficiency and profitable growth positions it for continued success.
Halliburton Labs has welcomed Matrix Sensors, Renew Power Systems (RPSi), and SunGreenH2 into its clean energy accelerator, aiming to foster innovation in sustainable energy. The program provides essential resources and expertise to help these startups achieve their commercialization goals more efficiently. Matrix Sensors develops advanced gas sensors while RPSi focuses on integrating renewable energy with grid systems. SunGreenH2 specializes in high-performance electrolyzer systems for green hydrogen production, enhancing energy sustainability. Their participation reflects Halliburton's commitment to clean energy solutions.
Halliburton Company (NYSE: HAL) will hold a conference call on January 24, 2023, at 8 a.m. CT to discuss its fourth quarter 2022 financial results. The earnings press release will be shared before the call and will be available on Halliburton's website. Investors can listen through a live webcast, with a recorded version accessible afterward. This call is a significant event for stakeholders, highlighting the company's ongoing performance in the energy sector.
Halliburton Company (NYSE: HAL) has achieved a milestone by installing the first single trip, electro-hydraulic wet connect in deepwater for Petrobras in Brazil. This innovative Fuzion® EH connector enhances the integrity of SmartWell® completion systems, improving well recovery factors and simplifying intervention operations. The company plans to develop a dual trip system version for Petrobras later in 2023. With 1,400 SmartWell systems globally, Halliburton reinforces its leadership in completions technology, emphasizing collaboration with Petrobras and Shell in their Brazilian operations.
Halliburton Company (NYSE: HAL) declared a $0.12 per share dividend for the fourth quarter of 2022, payable on December 21, 2022. This dividend is set for shareholders on record as of December 8, 2022. Established in 1919, Halliburton provides leading products and services to the energy sector, focusing on innovative technologies to enhance asset value and support a sustainable energy future.
