halliburton

Business, Fuel

World’s Biggest Fracker Halliburton Sees Signs of Rebirth as Slump Ebbs

Halliburton signage is displayed alongside storage tanks in Port Fourchon, La. Halliburton signage is displayed alongside storage tanks in Port Fourchon, La. (Luke Sharrett/Bloomberg News)

Halliburton Co. expects the rout in North American shale to peter out after history’s worst crude crash decimated many of its customers.

David Wethe | Bloomberg News
October 19, 2020
Business, Fuel, Top 100

Halliburton Rises on ‘Outstanding’ Cuts After Frack Slump

Halliburton signage is displayed alongside storage tanks in Port Fourchon, La., on June 11. Halliburton signage is displayed alongside storage tanks in Port Fourchon, La., on June 11. (Luke Sharrett/Bloomberg News)

Halliburton Co. impressed investors by slashing costs more than expected as the fracking behemoth works its way through an historic shale bust. The shares surged more than 8%.

David Wethe | Bloomberg News
July 20, 2020
Business

Halliburton Cuts Fracking Jobs, Gear in US, Canada

Halliburton Co. is shifting strategy in its largest region to deal with subdued customer spending by trimming 8% of its North American workforce and shelving unused frack gear.

David Wethe | Bloomberg News
July 22, 2019
Business

Halliburton, Baker Hughes Call Off $28 Billion Deal

Jamie Schwaberow/Bloomberg News

Halliburton Co. and Baker Hughes Inc. called off their $28 billion merger, which has met stiff antitrust resistance from regulators in the United States and Europe.

May 2, 2016