Halliburton is a multinational corporation that provides a wide range of services and products to the energy industry, particularly in the oil and natural gas sectors
The company specializes in various aspects of exploration, drilling, and production, offering solutions that help clients optimize their operations and enhance the efficiency of resource extraction. Halliburton’s services include project management, engineering, and technology development, which are essential for both onshore and offshore operations. By leveraging advanced technologies and innovative techniques, Halliburton supports its customers in navigating the complexities of the energy market while focusing on safety and sustainability.
Halliburton (NYSEHAL) announced today a contract award from Petrobras for integrated drilling services across several offshore fields in Brazil, the result of a competitive process. The contract scope includes drilling services for development and exploration wells over a three-year period.
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Fourth-quarter revenue in its largest segment, Completion and Production, fell by 4.2% compared to last year. The company also forecast softer 2025 activity in North America.
Technijian introduces My CyberShield, a comprehensive cybersecurity platform designed to help businesses in Orange County combat growing cyber threats. It offers multi-layered protection with device, email security, and user training, alongside proactive threat detection, easy integration, scalability, and cost-effective solutions for organizations of all sizes.
HAL's Q4 results were mixed, with revenue declining but adjusted EPS beating expectations. CEO expects strong future with transformed balance sheet and growth engines.
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.
Jim Cramer highlights strong bank earnings and upcoming corporate reports, advising investors to stay vigilant as market conditions and political changes unfold.
President Joe Biden announced Monday that he will ban offshore drilling along most of the U.S. coastline before leaving the White House in two weeks. Here are four stocks to watch:
Halliburton Labs added five innovative companies to its collaborative ecosystem. The new cohort features 360 Energy, Cella, Espiku, Mitico, and NuCube. The companies will enter a vibrant environment to help advance their commercialization with support from Halliburton's practitioners and business network.
Diamondback Energy, Halliburton, and VoltaGrid signed a deal to deploy electric simul-frac fleets in Permian Basin, reducing emissions and boosting reliability.
