halliburton News Updates

Next year, Halliburton expects mid-single-digit revenue growth and operating margins of about 15%, up from 13%.

The agreements add to Halliburton’s presence in Venezuela as U.S. companies seek to secure new oil deals in the country.

Safety managers at two large carriers discussed how they are using AI tools to provide more timely guidance to their drivers at a technology summit this summer.

Halliburton is ready to quickly restart operations in Venezuela once it obtains U.S. government approval and some sort of payment protections, CEO Jeff Miller said.

Halliburton is diversifying into data center power generation amid slackening worldwide demand for oil field fracking, sealing a deal with VoltaGrido.

The dominant North American oil field services provider told investors April 22 on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter.

Halliburton, the world’s biggest provider of fracking services, said it is alerting customers and other stakeholders after an unauthorized third party gained access to some of its systems.

Shale oil companies are using almost all of the fracking equipment and crews available as exploration expands, accelerating cost inflation and pointing to worsening supply chain disruptions across the industry.

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

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%.