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.
Diamondback Energy, Halliburton, and VoltaGrid signed a deal to deploy electric simul-frac fleets in Permian Basin, reducing emissions and boosting reliability.
HOUSTON, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy (NYSE: FANG), Halliburton Energy Services (NYSE: HAL), and VoltaGrid LLC have entered into a landmark agreement to deploy four advanced electric simul-frac fleets across the Permian Basin. This collaboration represents a significant investment in clean and efficient energy solutions, with VoltaGrid delivering approximately 200 megawatts (MW) of electric power to support Diamondback Energy’s field operations. This marks a continuation of a longstanding partnership focused on sustainability and operational excellence.
Halliburton Company (NYSE: HAL) 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).
The Energy Sector is an interesting sector and there are a lot of things we can learn from valuing the Energy Sector about investing itself and about valuation.
The main indices and many stocks peaked at overbought levels early last week, but many stocks still have room for deeper pullbacks to Key Levels. We’ll soon enter the Post-Earnings phase, though short-term choppiness is likely.
Halliburton Company (NYSE: HAL) 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.
A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.
Halliburton Company (NYSE: HAL) 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.
U.S. stocks could open in the green on Thursday after a strong post-election rally on Wednesday that saw former President Donald Trump emerge victorious after a long-drawn battle with Joe Biden and Kamala Harris.
Halliburton Company (NYSE: HAL) 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.
Over the past 12 months, a group of 10 large-cap stocks have underperformed all others. Here’s an updated look at the top 10 worst performing large-caps, along with their one-year price returns.
Jim Cramer believes Uranium Energy Corp. is going higher, thanks to a recent acquisition deal. Novo Nordisk faces antitrust concerns while Halliburton gets a Buy rating from BofA Securities.
U.S. energy stocks surge due to fears of a wider conflict in the Middle East between Iran and Israel driving oil prices to $75 per barrel. Exxon and Chevron among top performers, with over $300 million invested in XLE ETF. Biden urges Israel to consider alternatives to targeting oil fields in retaliation.
