Articles from Halliburton Company
Halliburton Announces Fourth Quarter 2024 Results
Halliburton Company (NYSEHAL) announced today net income of $615 million, or $0.70 per diluted share, for the fourth quarter of 2024. This compares to net income for the third quarter of 2024 of $571 million, or $0.65 per diluted share. Adjusted net income2 in the third quarter of 2024, excluding impairments and other charges and tax adjustments, was $641 million, or $0.73 per diluted share. Halliburton’s total revenue for the fourth quarter of 2024 was $5.6 billion, compared to total revenue of $5.7 billion in the third quarter of 2024. Operating income was $932 million in the fourth quarter of 2024, compared to operating income of $871 million in the third quarter of 2024. Adjusted operating income3, excluding impairments and other charges, was $987 million in the third quarter of 2024.
By Halliburton Company · Via Business Wire · January 22, 2025
Halliburton Fourth Quarter 2024 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Wednesday, January 22, 2025, to discuss its fourth quarter 2024 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET).
By Halliburton Company · Via Business Wire · December 5, 2024
Halliburton Announces Dividend
Halliburton Company (NYSEHAL) announced today that its board of directors has declared a 2024 fourth quarter dividend of seventeen cents ($0.17) a share on the Company’s common stock payable on December 26, 2024, to shareholders of record at the close of business on December 4, 2024.
By Halliburton Company · Via Business Wire · November 18, 2024
Halliburton Opens New Facilities in Namibia
Halliburton Company (NYSEHAL) will open new facilities in Namibia highlighting the importance of the country’s growing oil and gas industry. The facilities, which will support the company’s in-country operations, are located in Windhoek, Walvis Bay, Swakopmund, and Lüderitz.
By Halliburton Company · Via Business Wire · November 13, 2024
Halliburton Announces Third Quarter 2024 Results
Halliburton Company (NYSEHAL) announced today net income of $571 million, or $0.65 per diluted share, for the third quarter of 2024. This compares to net income for the second quarter of 2024 of $709 million, or $0.80 per diluted share. Adjusted net income3 in the third quarter of 2024, excluding impairments and other charges and tax adjustments, was $641 million, or $0.73 per diluted share. Halliburton’s total revenue for the third quarter of 2024 was $5.7 billion, compared to total revenue of $5.8 billion in the second quarter of 2024. Operating income was $871 million in the third quarter of 2024, compared to operating income of $1.0 billion in the second quarter of 2024. Adjusted operating income4, excluding impairments and other charges, was $987 million in the third quarter of 2024.
By Halliburton Company · Via Business Wire · November 7, 2024
Halliburton Third Quarter 2024 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Thursday, November 7, 2024, to discuss its third quarter 2024 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET).
By Halliburton Company · Via Business Wire · September 10, 2024
Halliburton Announces Dividend
Halliburton Company (NYSEHAL) announced today that its board of directors has declared a 2024 third quarter dividend of seventeen cents ($0.17) a share on the Company’s common stock payable on September 25, 2024, to shareholders of record at the close of business on September 4, 2024.
By Halliburton Company · Via Business Wire · August 16, 2024
Halliburton Announces Second Quarter 2024 Results
Halliburton Company (NYSEHAL) announced today net income of $709 million, or $0.80 per diluted share, for the second quarter of 2024. This compares to net income for the first quarter of 2024 of $606 million, or $0.68 per diluted share and first quarter of 2024 adjusted net income2 of $679 million, or $0.76 per diluted share. Halliburton's total revenue for the second quarter of 2024 was $5.8 billion, sequentially flat. Operating income was $1.0 billion in the second quarter of 2024, an increase of 5% sequentially.
By Halliburton Company · Via Business Wire · July 19, 2024
Halliburton Second Quarter 2024 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Friday, July 19, 2024, to discuss its second quarter 2024 financial results. The call will begin at 7:30 a.m. CT (8:30 a.m. ET).
By Halliburton Company · Via Business Wire · June 10, 2024
Halliburton Landmark’s Unified Ensemble Modeling Solution to Be Used by Wintershall Dea
Halliburton Company (NYSEHAL) and Wintershall Dea have announced a license agreement under which Wintershall Dea will use Halliburton Landmark’s new Unified Ensemble Modeling (UEM) solution. UEM is an innovative approach that for the first time simultaneously integrates static and dynamic data in real time to represent subsurface conditions across multiple scales. This method improves the accuracy of reservoir models by consistently incorporating geologic uncertainties, making UEM vital to optimize reservoir recovery under uncertainty.
By Halliburton Company · Via Business Wire · May 21, 2024
Halliburton Annual Meeting of Shareholders and Dividend Declaration
Halliburton Company (NYSEHAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 15, 2024, the shareholders elected all 12 nominees to the Company’s board of directors. Shareholders elected board members Abdulaziz F. Al Khayyal, William E. Albrecht, M. Katherine Banks, Alan M. Bennett, Earl M. Cummings, Murry S. Gerber, Robert A. Malone, Jeffrey A. Miller, Bhavesh V. Patel, Maurice S. Smith, Janet L. Weiss, and Tobi M. Edwards Young.
By Halliburton Company · Via Business Wire · May 16, 2024
Rhino Resources and Halliburton to Sign Contract for Integrated Deep-Water Services Offshore Namibia
Halliburton Company (NYSEHAL) today announced it has been awarded a deep water integrated multi-well construction contract by Rhino Resources Ltd., a private company engaged in both onshore and offshore energy exploration in Africa.
By Halliburton Company · Via Business Wire · April 24, 2024
Halliburton Announces Annual Shareholders’ Meeting
Halliburton Company (NYSEHAL) announced today that its annual meeting of shareholders will take place on May 15, 2024, at 9 a.m. CDT. The Company will hold the meeting at its headquarters located at 3000 N. Sam Houston Parkway East, Houston, Texas. The record date for determination of shareholders entitled to vote at the meeting is March 18, 2024.
By Halliburton Company · Via Business Wire · March 12, 2024
Halliburton First Quarter 2024 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Tuesday, April 23, 2024, to discuss its first quarter 2024 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET).
By Halliburton Company · Via Business Wire · March 12, 2024
Halliburton Named to the Dow Jones Sustainability Indices for Third Consecutive Year
Halliburton Company (NYSEHAL) has been named to the 2023 Dow Jones Sustainability Indices (DJSI). 2023 marks the third consecutive year that the company has been named to the list.
By Halliburton Company · Via Business Wire · January 3, 2024
Libra Consortium and Halliburton Landmark Collaborate to Develop Field Digital Twin
Halliburton Company (NYSEHAL) today announced it will work with Libra Consortium, lead by Petrobras, to develop a digital twin for a pre-salt field system in Brazil. The Libra digital twin will help the consortium reduce capital expenditures, accelerate production times, and improve crude oil recovery rate using new insights obtained in a real-time environment. The digital twin is a virtual representation of the physical asset that replicates its behavior and characteristics. It allows operators to run “what if” scenarios to improve decision-making and maximize operational predictability for optimal field development.
By Halliburton Company · Via Business Wire · December 11, 2023
Halliburton Fourth Quarter 2023 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Tuesday, January 23, 2024, to discuss its fourth quarter 2023 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET).
By Halliburton Company · Via Business Wire · December 8, 2023
Halliburton Announces Dividend
Halliburton Company (NYSEHAL) announced today that its board of directors has declared a 2023 fourth quarter dividend of sixteen cents ($0.16) a share on the Company’s common stock payable on December 27, 2023, to shareholders of record at the close of business on December 7, 2023.
By Halliburton Company · Via Business Wire · November 17, 2023
Halliburton and Sekal Enter Agreement to Deliver Leading Well Construction Automation Solutions
Halliburton Company (NYSEHAL) and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations. Under the agreement, Halliburton and Sekal are collaborating on several technologies and services that incorporate Halliburton digitally integrated well construction solutions and the Sekal DrillTronics automation platform. In addition, both parties’ remote operations centers will provide expertise and support to these offerings.
By Halliburton Company · Via Business Wire · November 7, 2023
Halliburton, Oil States Industries Collaborate to Provide Innovative Deepwater Managed Pressure Drilling Solutions
Halliburton Company (NYSEHAL) and Oil States Industries, Inc. today announced a strategic collaboration that combines two award-winning technology sets to provide customers with innovative deepwater managed pressure drilling (MPD) solutions.
By Halliburton Company · Via Business Wire · November 6, 2023
Halliburton Announces Third Quarter 2023 Results
Halliburton Company (NYSEHAL) announced today net income of $716 million, or $0.79 per diluted share, for the third quarter of 2023. This compares to net income for the second quarter of 2023 of $610 million, or $0.68 per diluted share and adjusted net income1, excluding the loss on transactions in Argentina, of $691 million, or $0.77 per diluted share2. Halliburton's total revenue for the third quarter of 2023 was $5.8 billion, flat when compared to the second quarter of 2023. Operating income was $1.0 billion in the third quarter of 2023, a 3% increase when compared to the second quarter of 2023.
By Halliburton Company · Via Business Wire · October 24, 2023
Halliburton Highlights Innovative Technologies, Sustainable Solutions at ADIPEC 2023
Halliburton Company (NYSEHAL) will highlight a slate of innovative new technologies and sustainable solutions during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) from October 2-5, 2023. Halliburton’s new product offerings feature the latest drilling, completions, production, and carbon capture, utilization, and storage (CCUS) technologies, as well as new applications for artificial intelligence. Halliburton’s technology portfolio provides customers with benefits that can include increased wellbore stability, more precise drilling performance, and improved well monitoring.
By Halliburton Company · Via Business Wire · October 1, 2023
Halliburton Third Quarter 2023 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Tuesday, October 24, 2023, to discuss its third quarter 2023 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET).
By Halliburton Company · Via Business Wire · September 15, 2023
Halliburton Announces Dividend
Halliburton Company (NYSEHAL) announced today that its board of directors has declared a 2023 third quarter dividend of sixteen cents ($0.16) a share on the Company’s common stock payable on September 27, 2023, to shareholders of record at the close of business on September 6, 2023.
By Halliburton Company · Via Business Wire · August 21, 2023
Halliburton Announces Second Quarter 2023 Results
Halliburton Company (NYSEHAL) announced today net income of $610 million, or $0.68 per diluted share, for the second quarter of 2023. This compares to net income for the first quarter of 2023 of $651 million, or $0.72 per diluted share. Adjusted net income4 for the second quarter of 2023, excluding the loss on transactions in Argentina, was $691 million, or $0.77 per diluted share. Halliburton's total revenue for the second quarter of 2023 was $5.8 billion compared to total revenue of $5.7 billion in the first quarter of 2023. Operating income was $1.0 billion in the second quarter of 2023 compared to operating income of $977 million in the first quarter of 2023.
By Halliburton Company · Via Business Wire · July 19, 2023
Updated TIME: Halliburton Second Quarter 2023 Earnings Conference Call
Halliburton Company (NYSEHAL) issues the following update to their release NewsItemID: 20230613032644 issued June 13, 2023 entitled “Halliburton Second Quarter 2023 Earnings Conference Call”:
By Halliburton Company · Via Business Wire · June 26, 2023
Halliburton and Nabors Industries Collaborate on Leading Well Construction Automation
Halliburton Company (NYSEHAL) and Nabors Industries (NYSE: NBR, “Nabors”) today announced an agreement on leading well construction automation solutions. Under the agreement, Halliburton and Nabors will collaborate together on their technologies including the Halliburton Well Construction 4.0 digital surface and subsurface drilling technologies, the LOGIX® Autonomous Drilling Platform, and the Nabors SmartROS® universal rig controls and automation platform and RigCLOUD® high-performance digital infrastructure platform.
By Halliburton Company · Via Business Wire · June 19, 2023
Halliburton Second Quarter 2023 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Wednesday, July 19, 2023, to discuss its second quarter 2023 financial results. The call will begin at 8 a.m. CT (9 a.m. ET).
By Halliburton Company · Via Business Wire · June 13, 2023
Halliburton Wins Well Completions Contract for HyNet North West Carbon Capture and Storage Project
Halliburton Company (NYSEHAL) today announced it has been awarded a contract to provide completions, liners, and monitoring products and services for the carbon capture and storage (CCS) system within the HyNet North West project in the Liverpool Bay (U.K.).
By Halliburton Company · Via Business Wire · June 12, 2023
Halliburton Landmark DecisionSpace® Geosciences Selected as Equinor’s Standard Subsurface Data Interpretation Tool
By Halliburton Company · Via Business Wire · May 31, 2023
Halliburton Annual Meeting of Shareholders and Dividend Declaration
Halliburton Company (NYSEHAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 17, 2023, the shareholders elected all 13 nominees to the Company’s board of directors. Shareholders elected board members Abdulaziz F. Al Khayyal, William E. Albrecht, M. Katherine Banks, Alan M. Bennett, Milton Carroll, Earl M. Cummings, Murry S. Gerber, Robert A. Malone, Jeffrey A. Miller, Bhavesh V. Patel, Maurice S. Smith, Janet L. Weiss, and Tobi M. Edwards Young.
By Halliburton Company · Via Business Wire · May 18, 2023
Halliburton Announces First Quarter 2023 Results
Halliburton Company (NYSEHAL) announced today net income of $651 million, or $0.72 per diluted share, for the first quarter of 2023. This compares to net income for the first quarter of 2022 of $263 million, or $0.29 per diluted share. Halliburton's total revenue for the first quarter of 2023 was $5.7 billion compared to total revenue of $4.3 billion in the first quarter of 2022. Reported operating income was $977 million in the first quarter of 2023 compared to reported operating income of $511 million and adjusted operating income, excluding impairments and other charges, of $533 million in the first quarter of 2022.
By Halliburton Company · Via Business Wire · April 25, 2023
Repsol Accelerates Digital Journey with Halliburton Landmark to Automate and Streamline Its Well Design Process
Halliburton Company (NYSEHAL) today announced that Repsol implemented the Halliburton Landmark DecisionSpace® 365 Well Construction Suite as its preferred digital solution to automate and streamline its well design process. The deployment provides scalability, flexibility, integration, and third-party collaboration and accelerates the adoption of machine learning and artificial intelligence across the drilling and wells organization.
By Halliburton Company · Via Business Wire · April 5, 2023
Petrobras Accelerates Digital Transformation with Halliburton’s iEnergy® Cloud
Halliburton Company (NYSEHAL) today announced that Petrobras will use the Landmark iEnergy® digital platform to address its subsurface challenges. The companies executed a contract that gives Petrobras access to the entire Halliburton Landmark DecisionSpace® 365 Geoscience Suite including cloud-based, next-generation technologies like Seismic Engine, Scalable Earth Modeling, Assisted Lithology Interpretation, DS365.ai, and Neftex® Predictions to support its strategic exploration and production programs.
By Halliburton Company · Via Business Wire · March 29, 2023
Hess Selects Halliburton Well Construction Suite to Implement Digital Wells
By Halliburton Company · Via Business Wire · March 22, 2023
Halliburton First Quarter 2023 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Tuesday, April 25, 2023, to discuss its first quarter 2023 financial results. The call will begin at 8 a.m. CT (9 a.m. ET).
By Halliburton Company · Via Business Wire · March 14, 2023
Halliburton Appoints New Eastern Hemisphere President
Halliburton Company (NYSEHAL) today announced that Shannon Slocum, senior vice president, Global Business Development and Marketing, has been promoted to the role of president, Eastern Hemisphere, effective immediately. Joe Rainey, president, Eastern Hemisphere, is retiring and will serve as senior advisor to Chairman, President, and CEO Jeff Miller during the transition.
By Halliburton Company · Via Business Wire · March 13, 2023
Halliburton Announces Annual Shareholders’ Meeting
Halliburton Company (NYSEHAL) announced today that its annual meeting of shareholders will take place on May 17, 2023, at 9 a.m. CDT. The Company will hold the meeting at its headquarters located at 3000 N. Sam Houston Parkway East, Houston, Texas. The record date for determination of shareholders entitled to vote at the meeting is March 20, 2023.
By Halliburton Company · Via Business Wire · February 24, 2023
Halliburton and Siguler Guff Announce Joint Venture for Emissions Management Software
Halliburton Company (NYSEHAL) and Siguler Guff & Company, LP (“Siguler Guff”) today announced the launch of Envana Software Partners, LLC. The new venture provides critical emissions management software-as-a-service (SaaS) solutions to track greenhouse gas emissions in the oil and gas industry and beyond.
By Halliburton Company · Via Business Wire · February 23, 2023
Halliburton Names Janet Weiss, Maurice Smith to Board of Directors
Halliburton Company (NYSEHAL) today announced the addition of Ms. Janet Weiss and Mr. Maurice Smith to its board of directors. The appointments were effective Feb. 21, and both will stand for election by shareholders at the annual meeting on May 17.
By Halliburton Company · Via Business Wire · February 22, 2023
Halliburton Announces Fourth Quarter 2022 Results and Increases Dividend
Halliburton Company (NYSEHAL) announced today net income of $656 million, or $0.72 per diluted share, for the fourth quarter of 2022. This compares to net income for the third quarter of 2022 of $544 million, or $0.60 per diluted share. Halliburton's total revenue for the fourth quarter of 2022 was $5.6 billion compared to total revenue of $5.4 billion in the third quarter of 2022. Operating income was $976 million in the fourth quarter of 2022 compared to operating income of $846 million in the third quarter of 2022.
By Halliburton Company · Via Business Wire · January 24, 2023
Halliburton Named to the 2022 Dow Jones Sustainability Indices
Halliburton Company (NYSEHAL) announced today it was named to the 2022 Dow Jones Sustainability Indices (DJSI), which recognize the top 10% most sustainable companies.
By Halliburton Company · Via Business Wire · December 19, 2022
Halliburton Installs First Downhole Electro-Hydraulic Wet-Connect in Deepwater Brazil
Halliburton Company (NYSEHAL) today announced a successful installation of the industry’s first single trip, electro-hydraulic wet connect in deepwater for Petrobras in Brazil – a significant achievement in downhole electric completion technology. The Halliburton Fuzion® EH electro-hydraulic downhole wet-mate connector helps increase well recovery factors by maintaining integrity of Halliburton’s SmartWell® completion systems throughout the well’s lifecycle.
By Halliburton Company · Via Business Wire · November 29, 2022
Halliburton Declares Dividend
Halliburton Company (NYSEHAL) announced today that its board of directors has declared a 2022 fourth quarter dividend of twelve cents ($0.12) a share on the Company’s common stock payable on December 21, 2022, to shareholders of record at the close of business on December 8, 2022.
By Halliburton Company · Via Business Wire · November 18, 2022
Halliburton Introduces Innovative Technologies, Sustainable Solutions at ADIPEC
Halliburton Company (NYSEHAL) today announced new products that highlight innovative technologies and sustainable solutions as part of its presence at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). In addition, Halliburton Chairman, President, and CEO Jeff Miller will participate Tuesday, Nov. 1 at 1:45 p.m. on the strategic panel, “Reconciling upstream oil and gas investment and the energy transition to meet global energy demand growth.” Miller will discuss how the industry addresses its commitment to decarbonization and the energy transition while ensuring the worldwide economy has the fuel it needs to continue to grow.
By Halliburton Company · Via Business Wire · October 31, 2022
Halliburton Announces Third Quarter 2022 Results
Halliburton Company (NYSEHAL) announced today net income of $544 million, or $0.60 per diluted share, for the third quarter of 2022. This compares to net income for the second quarter of 2022 of $109 million, or $0.12 per diluted share, and the adjusted net income for the second quarter of 2022, excluding impairments and other charges, of $442 million, or $0.49 per diluted share. Halliburton's total revenue for the third quarter of 2022 was $5.4 billion compared to total revenue of $5.1 billion in the second quarter of 2022. Reported operating income was $846 million in the third quarter of 2022 compared to reported operating income of $374 million and adjusted operating income of $718 million in the second quarter of 2022.
By Halliburton Company · Via Business Wire · October 25, 2022
Halliburton Charity Golf Tournament Raises More than $3.4 Million for Nonprofits
Halliburton Company (NYSEHAL) today announced the 27th annual Halliburton Charity Golf Tournament broke its own fundraising record when it raised over $3.4 million for 101 U.S. nonprofit organizations, once again making it one of the largest non-PGA golf tournament fundraisers. The tournament, held at The Clubs of Kingwood in Kingwood, Texas, has raised more than $28 million for charities since it started in 1993.
By Halliburton Company · Via Business Wire · October 19, 2022
Halliburton Well Construction Technology Implemented by PETRONAS
Halliburton Company (NYSEHAL) today announced the implementation of the Halliburton Digital Well Program® and Digital Well Operation DecisionSpace® 365 cloud solutions as the foundation for PETRONAS enterprise digital Well Integrated Operation (WIO). The selection marks the culmination of a two-year technology assessment with multiple technology providers.
By Halliburton Company · Via Business Wire · October 13, 2022
Halliburton Collaborates With SDAIA to Use Data Science and AI to Enhance Sustainability, Subsurface Predictions in the Energy Sector
Halliburton Company (NYSEHAL) today announced that it has signed a Memorandum of Understanding (MoU) with the Saudi Data and Artificial Intelligence Authority (SDAIA) to address national and global energy challenges with DS365.ai to create data science and artificial intelligence (AI) applications and solutions.
By Halliburton Company · Via Business Wire · September 19, 2022
Halliburton Third Quarter 2022 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Tuesday, October 25, 2022, to discuss its third quarter 2022 financial results. The call will begin at 8 a.m. CT (9 a.m ET).
By Halliburton Company · Via Business Wire · September 1, 2022
Halliburton Announces Redemption of 3.50% Senior Notes Due 2023
Halliburton Company (NYSEHAL) announced today that it has called for redemption the entire outstanding principal amount of its 3.50% Senior Notes due 2023 (the “Notes”). The redemption date for the Notes is September 25, 2022. The aggregate principal amount of the Notes currently outstanding is $600,061,000. The redemption price for the Notes will consist of the sum of (1) the greater of (a) 100% of the principal amount of the Notes outstanding and (b) the sum of the present values of the remaining scheduled payments of principal and interest on the outstanding Notes discounted to the redemption date on a semi-annual basis at the treasury rate plus 15 basis points, as determined by an independent investment banker, and (2) accrued and unpaid interest on the Notes, if any, up to, but excluding, the redemption date. Halliburton plans to use cash on hand to fund the redemption of the Notes. A notice of redemption has been sent to all currently registered holders of the Notes by the Trustee, The Bank of New York Mellon Trust Company, N.A.
By Halliburton Company · Via Business Wire · August 26, 2022
Halliburton Declares Dividend
Halliburton Company (NYSEHAL) announced today that its board of directors has declared a 2022 third quarter dividend of twelve cents ($0.12) a share on the Company’s common stock payable on September 28, 2022, to shareholders of record at the close of business on September 7, 2022.
By Halliburton Company · Via Business Wire · August 17, 2022
Halliburton Announces Second Quarter 2022 Results
Halliburton Company (NYSEHAL) announced today net income of $109 million, or $0.12 per diluted share, for the second quarter of 2022. This compares to net income for the first quarter of 2022 of $263 million, or $0.29 per diluted share. Adjusted net income for the second quarter of 2022, excluding impairments and other charges, was $442 million, or $0.49 per diluted share. This compares to adjusted net income for the first quarter of 2022, excluding impairments and other charges and a loss on the early extinguishment of debt, of $314 million, or $0.35 per diluted share. Halliburton's total revenue for the second quarter of 2022 was $5.1 billion compared to revenue of $4.3 billion in the first quarter of 2022. Reported operating income was $374 million in the second quarter of 2022 compared to reported operating income of $511 million in the first quarter of 2022. Excluding impairments and other charges, adjusted operating income was $718 million in the second quarter of 2022 compared to adjusted operating income of $533 million for the first quarter of 2022.
By Halliburton Company · Via Business Wire · July 19, 2022
Halliburton’s Second Quarter 2022 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Tuesday, July 19, 2022, to discuss its second quarter 2022 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).
By Halliburton Company · Via Business Wire · June 8, 2022
Halliburton Annual Meeting of Shareholders and Dividend Declaration
Halliburton Company (NYSEHAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 18, 2022, the shareholders elected all eleven nominees to the Company’s board of directors and ratified the selection of KPMG LLP as principal independent public accountants for 2022.
By Halliburton Company · Via Business Wire · May 19, 2022
Halliburton Announces Executive Leadership Changes
Halliburton Company (NYSEHAL) today announced senior executive leadership changes as part of its robust succession management process. Effective immediately, Lance Loeffler, executive vice president and chief financial officer (CFO) will assume the role of senior vice president of the Company’s Middle East North Africa (MENA) region.
By Halliburton Company · Via Business Wire · May 2, 2022
Halliburton Announces First Quarter 2022 Results
Halliburton Company (NYSEHAL) announced today net income of $263 million, or $0.29 per diluted share, for the first quarter of 2022. This compares to net income for the first quarter of 2021 of $170 million, or $0.19 per diluted share. Adjusted net income for the first quarter of 2022, excluding impairments and other charges and a loss on the early extinguishment of debt, was $314 million, or $0.35 per diluted share. Halliburton’s total revenue for the first quarter of 2022 was $4.3 billion compared to revenue of $3.5 billion in the first quarter of 2021. Reported operating income was $511 million in the first quarter of 2022 compared to reported operating income of $370 million in the first quarter of 2021. Excluding impairments and other charges, adjusted operating income was $533 million in the first quarter of 2022.
By Halliburton Company · Via Business Wire · April 19, 2022
Energean Selects Halliburton for Carbon Storage Subsurface Study in Greece
Halliburton Company (NYSEHAL) today announced Energean, an independent E&P company focused on developing resources in the Mediterranean and the North Sea, awarded it a study to assess carbon storage potential of the Prinos basin in Greece.
By Halliburton Company · Via Business Wire · March 23, 2022
Halliburton Announces Update on Russia Operations and Sanctions Compliance
Halliburton Company (NYSEHAL) today announced it immediately suspended future business in Russia as the Company complies with sanctions that prohibit transactions and work, including for certain state-owned Russian customers. Halliburton will prioritize safety and reliability as we wind down our remaining operations in Russia.
By Halliburton Company · Via Business Wire · March 18, 2022
Halliburton Announces Annual Shareholders’ Meeting
Halliburton Company (NYSEHAL) announced today that its annual meeting of shareholders will take place on May 18, 2022, at 9:00 a.m. Central Daylight Time. The Company will hold the meeting at its headquarters located at 3000 N. Sam Houston Parkway East, Houston, Texas. The record date for determination of shareholders entitled to vote at the meeting is March 21, 2022.
By Halliburton Company · Via Business Wire · February 24, 2022
Halliburton Names Tobi Young and Earl Cummings to Board of Directors
Halliburton Company (NYSEHAL) today announced the addition of Ms. Tobi Young and Mr. Earl Cummings to its board of directors. The appointments went into effect on February 23, 2022, and both will stand for election by shareholders at the annual meeting on May 18, 2022.
By Halliburton Company · Via Business Wire · February 23, 2022
Halliburton Announces Fourth Quarter 2021 Results and Increases Dividend
Halliburton Company (NYSEHAL) announced today net income of $824 million, or $0.92 per diluted share, for the fourth quarter of 2021. This compares to net income for the third quarter of 2021 of $236 million, or $0.26 per diluted share. Adjusted net income for the fourth quarter of 2021, excluding tax adjustments, was $320 million, or $0.36 per diluted share. This compares to adjusted net income for the third quarter of 2021, excluding special items, of $248 million, or $0.28 per diluted share. Halliburton's total revenue for the fourth quarter of 2021 was $4.3 billion compared to revenue of $3.9 billion in the third quarter of 2021. Reported operating income was $550 million in the fourth quarter of 2021 compared to reported operating income of $446 million in the third quarter of 2021. Reported operating income of $550 million in the fourth quarter of 2021 increased 20% compared to adjusted operating income of $458 million in the third quarter of 2021, excluding special items.
By Halliburton Company · Via Business Wire · January 24, 2022
Halliburton Announces Partial Redemption of 3.800% Senior Notes Due 2025
Halliburton Company (NYSEHAL) announced today that it has called for redemption $600,000,000 aggregate principal amount of its 3.800% Senior Notes due 2025 (the “Notes”). The redemption date for the Notes is February 23, 2022. The aggregate principal amount of the Notes currently outstanding is approximately $1 billion. The redemption price for the Notes will consist of the sum of (1) the greater of (a) 100% of the principal amount of the Notes outstanding or (b) the sum of the present values of the remaining scheduled payments of principal and interest on the outstanding Notes discounted to the redemption date on a semi-annual basis at the treasury rate plus 25 basis points, as determined by an independent investment banker, and (2) accrued and unpaid interest on the Notes, if any, up to, but excluding, the redemption date. Halliburton plans to use cash on hand to fund the redemption of the Notes. A notice of redemption has been sent to all currently registered holders of the Notes by the Trustee, The Bank of New York Mellon Trust Company, N.A.
By Halliburton Company · Via Business Wire · January 24, 2022
Halliburton’s Fourth Quarter 2021 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Monday, January 24, 2022, to discuss its fourth quarter 2021 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).
By Halliburton Company · Via Business Wire · November 29, 2021
Halliburton Named to 2021 Dow Jones Sustainability Index
Halliburton Company (NYSEHAL) today announced it has been named to the Dow Jones Sustainability Index (DJSI) North America, which highlights the top 10% most sustainable companies per industry. The DJSI measures the performance of best-in-class companies selected using environmental, social and governance (ESG) criteria.
By Halliburton Company · Via Business Wire · November 23, 2021
Halliburton Declares Dividend
Halliburton Company (NYSEHAL) announced today that its board of directors declared a 2021 fourth quarter dividend of four and one-half cents ($0.045) a share on the Company’s common stock payable on December 22, 2021, to shareholders of record at the close of business on December 9, 2021.
By Halliburton Company · Via Business Wire · November 17, 2021
Halliburton Signs Agreement to Advance Subsurface Mineral Exploration
Halliburton Company (NYSEHAL) today announced it signed an agreement with Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) to grant Teck access to Neftex® Predictions to support their global mineral exploration efforts. Teck is one of Canada’s leading mining companies and is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal as well as investments in energy assets with operations in Canada, the United States, Chile, and Peru.
By Halliburton Company · Via Business Wire · November 10, 2021
BP Implements Halliburton DecisionSpace®365 to Streamline and Automate Well Design Process
Halliburton Company (NYSEHAL) today announced the successful deployment of Landmark’s Digital Well Program® as a core component of BP’s Well Design Optimizer project.
By Halliburton Company · Via Business Wire · November 2, 2021
Halliburton Announces Third Quarter 2021 Results
Halliburton Company (NYSEHAL) announced today net income of $236 million, or $0.26 per diluted share, for the third quarter of 2021. This compares to net income for the second quarter of 2021 of $227 million, or $0.26 per diluted share. Adjusted net income for the third quarter of 2021, excluding special items, was $248 million, or $0.28 per diluted share. Halliburton's total revenue for the third quarter of 2021 was $3.9 billion compared to revenue of $3.7 billion in the second quarter of 2021. Reported operating income was $446 million in the third quarter of 2021 compared to reported operating income of $434 million in the second quarter of 2021. Excluding special items, adjusted operating income was $458 million in the third quarter of 2021.
By Halliburton Company · Via Business Wire · October 19, 2021
Energean Selects Halliburton for Offshore Israel Drilling Campaign
Halliburton Company (NYSEHAL) today announced it was awarded an integrated services contract to execute a three to five well drilling and completions campaign for Energean, an independent E&P company focused on developing resources in the Mediterranean and the North Sea. The work follows a successful four well offshore drilling campaign that Halliburton previously executed in the Karish and Karish North gas fields.
By Halliburton Company · Via Business Wire · September 14, 2021
Halliburton to Present at 2021 Barclays CEO Energy-Power Conference
Halliburton Company (NYSEHAL) announced today that its Chairman, President and CEO Jeff Miller will present at the 2021 Barclays CEO Energy-Power Conference on Wednesday, September 8, 2021, at 8:00 AM Eastern Time.
By Halliburton Company · Via Business Wire · September 7, 2021
Halliburton’s Third Quarter 2021 Earnings Conference Call
Halliburton Company (NYSEHAL) will host a conference call on Tuesday, October 19, 2021, to discuss its third quarter 2021 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).
By Halliburton Company · Via Business Wire · August 31, 2021
Halliburton Declares Dividend
Halliburton Company (NYSEHAL) announced today that its board of directors has declared a 2021 third quarter dividend of four and one-half cents ($0.045) a share on the Company’s common stock payable on September 22, 2021, to shareholders of record at the close of business on September 1, 2021.
By Halliburton Company · Via Business Wire · August 19, 2021
Halliburton SmartFleet Technology Enables Real-Time Fracture Control in the Permian Basin
Halliburton Company (NYSEHAL) announced today a successful execution of its SmartFleet™ intelligent fracturing system with a major operator in the Permian Basin.
By Halliburton Company · Via Business Wire · August 19, 2021
Halliburton And VoltaGrid Electric Solution Reduces Emissions for Chesapeake Energy Corporation
Halliburton Company (NYSEHAL) and VoltaGrid LLC today announced the first successful deployment of an advanced electric fracturing solution. This project is the first pad in a multi-year contract with Chesapeake Energy Corporation NASDAQ: CHKNASDAQCHK)
By Halliburton Company · Via Business Wire · August 4, 2021