NYSE:HAL

Rhino Resources and Halliburton to Sign Contract for Integrated Deep-Water Services Offshore Namibia

Retrieved on: 
Wednesday, April 24, 2024

Halliburton Company (NYSE: HAL) today announced it has been awarded a deep water integrated multi-well construction contract by Rhino Resources Ltd., a private company engaged in both onshore and offshore energy exploration in Africa.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it has been awarded a deep water integrated multi-well construction contract by Rhino Resources Ltd., a private company engaged in both onshore and offshore energy exploration in Africa.
  • “Halliburton, with its collaborative approach and solutions engineering, is uniquely positioned to maximize asset value in this block with Rhino Resources.
  • Halliburton will also extend its country operation facilities to support all product service lines from Namibia to enhance collaboration and maximize asset value for Rhino Resources and Namibian customers.
  • With more than a decade of exploration in Namibia, Rhino Resources holds operatorship of Block 2914A (PEL 85).

Halliburton Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, April 23, 2024

Halliburton's total revenue for the first quarter of 2024 was $5.8 billion, a 2% increase when compared to the first quarter of 2023.

Key Points: 
  • Halliburton's total revenue for the first quarter of 2024 was $5.8 billion, a 2% increase when compared to the first quarter of 2023.
  • Operating income was $987 million in the first quarter of 2024, flat when compared to the first quarter of 2023.
  • "Halliburton delivered solid first quarter results that again demonstrated the power of our strategy and the strength of our execution.
  • North America revenue in the first quarter of 2024 was $2.5 billion, an 8% decrease when compared to the first quarter of 2023.

Halliburton First Quarter 2024 Earnings Conference Call

Retrieved on: 
Tuesday, March 12, 2024

Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, April 23, 2024, to discuss its first quarter 2024 financial results.

Key Points: 
  • Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, April 23, 2024, to discuss its first quarter 2024 financial results.
  • The Company will issue a press release regarding the first quarter 2024 earnings prior to the conference call.
  • A recorded version will be available for seven days under the same link immediately following the conclusion of the conference call.
  • You can also pre-register for the conference call and obtain your dial in number and passcode by clicking here .

Halliburton Announces Annual Shareholders’ Meeting

Retrieved on: 
Tuesday, March 12, 2024

Halliburton Company (NYSE: HAL) announced today that its annual meeting of shareholders will take place on May 15, 2024, at 9 a.m. CDT.

Key Points: 
  • Halliburton Company (NYSE: HAL) announced today that its annual meeting of shareholders will take place on May 15, 2024, at 9 a.m. CDT.
  • The Company will hold the meeting at its headquarters located at 3000 N. Sam Houston Parkway East, Houston, Texas.
  • The record date for determination of shareholders entitled to vote at the meeting is March 18, 2024.

Halliburton Labs Appoints Pulakesh Mukherjee to Advisory Board

Retrieved on: 
Wednesday, February 28, 2024

Halliburton Labs has announced Pulakesh Mukherjee, Partner, Imperative Ventures has joined its advisory board.

Key Points: 
  • Halliburton Labs has announced Pulakesh Mukherjee, Partner, Imperative Ventures has joined its advisory board.
  • “We are pleased to welcome Pulakesh as we help emerging companies achieve scale and growth,” said Dale Winger, managing director of Halliburton Labs.
  • He serves on numerous industry advisory boards, including the NREL Investor Advisory Board, Activate, and Rocky Mountain Institute.
  • Mukherjee joins Jeff Miller, Reggie DesRoches, John Grotzinger, Jennifer Holmgren, Maynard Holt, Walter Isaacson, and Dale Winger on the Advisory Board.

Nabors Announces Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 6, 2024

HAMILTON, Bermuda, Feb. 6, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2023 operating revenues of $726 million, compared to operating revenues of $734 million in the third quarter.

Key Points: 
  • HAMILTON, Bermuda, Feb. 6, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2023 operating revenues of $726 million, compared to operating revenues of $734 million in the third quarter.
  • The fourth quarter results included a gain, related to mark-to-market treatment of Nabors warrants, of $10 million, or $1.14 per diluted share, compared to a charge of $8 million, or $0.86 per diluted share, in the third quarter.
  • Fourth quarter adjusted EBITDA was $230 million, compared to $210 million in the previous quarter.
  • Anthony G. Petrello, Nabors Chairman, CEO and President, commented, "Our fourth quarter operating results exceeded our expectations across all of our segments.

Halliburton Announces Fourth Quarter 2023 Results and Increases Dividend

Retrieved on: 
Tuesday, January 23, 2024

Halliburton Company (NYSE: HAL) announced today net income of $661 million, or $0.74 per diluted share, for the fourth quarter of 2023.

Key Points: 
  • Halliburton Company (NYSE: HAL) announced today net income of $661 million, or $0.74 per diluted share, for the fourth quarter of 2023.
  • Halliburton's total revenue for the fourth quarter of 2023 was $5.7 billion, flat when compared to the third quarter of 2023.
  • Operating income was $1.1 billion in the fourth quarter of 2023, a 2% increase when compared to the third quarter of 2023.
  • Halliburton Labs participating companies OCOChem, Ionada and Disa Technologies each separately announced they successfully closed equity funding in the fourth quarter.

Halliburton Named to the Dow Jones Sustainability Indices for Third Consecutive Year

Retrieved on: 
Wednesday, January 3, 2024

Halliburton Company (NYSE: HAL) has been named to the 2023 Dow Jones Sustainability Indices (DJSI).

Key Points: 
  • Halliburton Company (NYSE: HAL) has been named to the 2023 Dow Jones Sustainability Indices (DJSI).
  • 2023 marks the third consecutive year that the company has been named to the list.
  • DJSI assesses the sustainability performance of companies using a transparent, rules-based process based on the annual S&P Global Corporate Sustainability Assessment (CSA).
  • “We are honored to be recognized by the Dow Jones Sustainability Indices for our commitment to sustainability leadership.”
    For more information on the DJSI and methodology, please visit the S&P Global website .

Halliburton Labs Welcomes Seven New Companies

Retrieved on: 
Wednesday, December 13, 2023

Halliburton Labs announced Airovation Technologies, Ayrton Energy, Cache Energy, CENS, Disa Technologies, Marel Power Solutions, and XtraLit as the newest participants in its collaborative environment.

Key Points: 
  • Halliburton Labs announced Airovation Technologies, Ayrton Energy, Cache Energy, CENS, Disa Technologies, Marel Power Solutions, and XtraLit as the newest participants in its collaborative environment.
  • This is part of Halliburton Labs’ ambition to advance energy and climate innovation and help early-stage companies by contributing expertise, connections, facilities, and more to help achieve strategic scaling milestones.
  • “Our experienced practitioners and network will help these companies use their time and capital efficiently.”
    Learn more about the new participant companies and what they are doing to advance the energy future.
  • “We are excited to accelerate our commercialization in the United States with Halliburton Labs, leveraging their expertise, capabilities and network."

Libra Consortium and Halliburton Landmark Collaborate to Develop Field Digital Twin

Retrieved on: 
Monday, December 11, 2023

Halliburton Company (NYSE: HAL) today announced it will work with Libra Consortium, lead by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it will work with Libra Consortium, lead by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.
  • The Libra digital twin will help the consortium reduce capital expenditures, accelerate production times, and improve crude oil recovery rate using new insights obtained in a real-time environment.
  • Halliburton and Libra Consortium will develop an integrated and dynamic digital twin of the production system, including the reservoir, wells, and subsea network.
  • "The Mero unitized field digital twin reiterates Landmark's leadership in leveraging E&P cloud and digital solutions to revolutionize reservoir performance and asset optimization," said Nagaraj Srinivasan, senior vice president of Landmark, Halliburton Digital Solutions, and Consulting.