Halliburton (NYSE:HAL) will idle or retire some oilfield equipment in response to deteriorating demand among shale companies, CEO Jeff Miller said Tuesday, as the world's largest provider of hydraulic ...

Tariffs Hit Halliburton’s Core Fracking Business 60% of Financial Blow Targets Completions Segment “A lot’s happened in three weeks,” Miller said. (Aaron M. Sprecher/Bloomberg News) ...

A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a ...

Despite posting second-quarter earnings in line with expectations, Halliburton Company warned on Tuesday that the oilfield services market will be softer in the short to medium term than previously ex ...

Halliburton on Wednesday reported a net income of $615 million, or $0.70 per diluted share, for the fourth quarter of 2024, up from $571 million, or $0.65 per share, for the third quarter of 2024.

Diamondback, Halliburton, and VoltaGrid partner to deploy advanced electric simul-frac fleets in the Permian Basin. Collaboration integrates low-carbon technologies to enhance reliability ...

Halliburton Company (NYSE:HAL) is one of the largest providers of hydraulic fracturing (fracking) services in the world, and its earnings depend on the price of oil and demand for drilling equipment.

We believe Halliburton enjoys solid credit quality, with a low risk of default. As of the end of 2024, Halliburton carries total gross debt of $7.6 billion (of which $7.4 billion is long-term ...

Fracking, invented by Halliburton, involves injecting a mixture of water, sand and chemicals, some of them toxic, into underground rock formations to blast them open and release natural gas.

We believe Halliburton enjoys solid credit quality, with a low risk of default. As of the end of 2023, Halliburton carries long-term debt of $7.6 billion versus cash and equivalents of $2.3 ...

Investors were disappointed, sending Halliburton shares down by as much as 10% at the open and down by 6% as of 1:28 p.m. ET, even as the broader market rebounded from Monday's sell-off.

Backing Fracking: 3 Shale Stocks to Buy Before the 2024 Election InvestorPlace Apr. 3, 2024, 11:55 AM ...