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) showcased innovative technologies and sustainable solutions at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). CEO Jeff Miller participated in a strategic panel on November 1, discussing the industry’s commitment to decarbonization while meeting global energy demand. New products include the BrightStar® service for enhanced drilling performance, the FloConnect® automation platform for safer operations, and the NeoCem™ E+ and EnviraCem™ systems that reduce carbon emissions in cementing processes.
Halliburton Company (NYSE: HAL) reported a net income of $544 million, or $0.60 per diluted share, for Q3 2022, a significant increase from $109 million in Q2 2022. Revenue climbed 39% year-over-year to $5.4 billion, with a 16% operating margin, up 393 basis points. Operating income also rose to $846 million, driven by strong performance in both North America and International markets. The company redeemed $600 million of senior notes and exited its Russia operations. Halliburton anticipates continued growth in global activity and is focused on maximizing shareholder returns.
Halliburton Company (NYSE: HAL) has launched the Halliburton Digital Well Program and Digital Well Operation DecisionSpace® 365 solutions for PETRONAS' Integrated Operation. This initiative concludes a two-year technology evaluation. The Digital Well Program allows rapid generation of feasible drilling programs and enhances engineering workflows, boosting efficiency. The solutions provide a unified platform for project management from well planning to delivery, ensuring all changes are automatically updated across the organization.
Halliburton Company (NYSE: HAL) has successfully completed the sale of its operations in Russia to a management team formed by former Halliburton employees. Following this transaction, Halliburton will cease all operations in Russia. The new entity, operating under the name BurService LLC, is now fully independent of Halliburton and manages the former business and assets in Russia.
Halliburton Company (NYSE: HAL) is set to host a conference call on
Halliburton Company (NYSE: HAL) has announced the redemption of its entire outstanding principal amount of 3.50% Senior Notes due 2023, totaling $600,061,000. The redemption date is set for September 25, 2022. The redemption price will be based on the greater of the principal amount or the present value of remaining payments, plus accrued interest. Halliburton will utilize cash on hand for this transaction. The notice of redemption has been communicated to registered holders of the Notes by The Bank of New York Mellon Trust Company, N.A.
Halliburton Labs has announced the selection of three companies—AW-Energy, RedShift Energy, and Renkube—for its industrial scaling program focused on clean energy innovations. These companies will benefit from Halliburton’s technical expertise, mentorship, and resources to advance their projects. AW-Energy aims to harness ocean wave energy, RedShift focuses on producing hydrogen from hydrogen sulfide, and Renkube develops innovative glass technology for solar energy. This initiative aligns with Halliburton’s commitment to supporting cleaner, affordable energy solutions.
Halliburton Company (NYSE: HAL) has announced a third quarter dividend of $0.12 per share, payable on September 28, 2022, to shareholders of record as of September 7, 2022. This decision reflects the company's ongoing commitment to returning value to its shareholders. Founded in 1919, Halliburton is a leading provider of products and services for the energy industry, employing around 40,000 people worldwide.
Halliburton Company (NYSE: HAL) reported a net income of $109 million, or $0.12 per diluted share, for Q2 2022, down from $263 million or $0.29 per diluted share in Q1 2022. Adjusted net income rose to $442 million, or $0.49 per diluted share, up from $314 million or $0.35 in Q1. Total revenue surged 18%, reaching $5.1 billion, with notable increases in Completion and Production revenue, which grew 24%. However, a pre-tax charge of $344 million due to exiting Russia impacted results. Halliburton's future looks promising, driven by strong performance in both North American and international markets.
