Halliburton Stock Price, News & Analysis

Halliburton (NYSE: HAL) has secured a significant five-year well stimulation services contract from ConocoPhillips Skandinavia AS for operations in the North Sea. The contract includes three optional extension periods and involves transforming Tidewater's vessel, North Pomor, into an advanced stimulation vessel.

The project will incorporate Halliburton's Octiv® digital fracturing services to enhance stimulation equipment performance and operational efficiency. This contract reinforces Halliburton's position in delivering integrated solutions for complex offshore environments and builds upon their existing relationship with ConocoPhillips.

DISA Technologies has successfully closed an oversubscribed $30 million Series A2 financing round, comprising $23 million in primary funding and $7 million in secondary funding. The round was led by Evok Innovations with strategic investment from Constellation Technology Ventures, along with participation from Valor Equity Partners, Veriten, and existing investor Halliburton Labs.

The company's patented High-Pressure Slurry Ablation (HPSA) technology serves dual purposes: enhancing critical mineral recovery for mining operations and cleaning up Abandoned Uranium Mine (AUM) waste. Following a successful EPA Treatability Study in 2023, DISA has signed an MOU with the Navajo Nation EPA and is awaiting NRC Service Providers License approval, expected by September 2025.

Halliburton (NYSE: HAL) has secured a significant contract from the Northern Endurance Partnership (NEP) to provide completions and downhole monitoring services for their carbon capture and storage (CCS) system in northeast England's East Coast Cluster.

The equipment will be primarily manufactured at Halliburton's U.K. facility in Arbroath, which has supported North Sea operations for over 50 years. The NEP infrastructure project includes a 145-km offshore pipeline and will have capacity to store up to 4 million tonnes per year of CO2 in the Endurance saline aquifer, located approximately 1000m below the seabed.

The NEP joint venture, formed in 2020 between bp, Equinor, and TotalEnergies, will serve as the CO2 transportation and storage provider for the Teesside and Humber regional industrial clusters.

Halliburton (NYSE: HAL) reported Q2 2025 financial results with net income of $472 million, or $0.55 per diluted share. The company achieved total revenue of $5.5 billion, a slight increase from $5.4 billion in Q1 2025, with an operating margin of 13%.

Key highlights include $896 million in operating cash flow, $582 million in free cash flow, and $250 million in share repurchases. The Completion and Production segment revenue increased 2% to $3.2 billion, while Drilling and Evaluation revenue grew 2% to $2.3 billion. However, management indicated a softer outlook for oilfield services in the short to medium term.

Geographically, North America revenue remained flat at $2.3 billion, while International revenue grew 2% to $3.3 billion. The company also announced technological advancements, including the launch of EarthStar® 3DX and new contracts with Repsol Resources UK and GeoFrame Energy.

Halliburton (NYSE: HAL) announced that Stephanie Holzhauser will become the company's new senior vice president and chief accounting officer, effective July 16, 2025. She succeeds Charles Geer Jr., who is leaving for an executive position at another company.

Holzhauser, who started at Halliburton as an intern in 2004, has held various leadership roles in external reporting, technical accounting, and divisional finance. Most recently, she served as vice president of operations finance. She holds both bachelor's and master's degrees in accounting from Louisiana State University.

Halliburton (NYSE: HAL) has announced it will host its second quarter 2025 earnings conference call on Tuesday, July 22, 2025, at 8:00 a.m. CT (9:00 a.m. ET). The company will release its Q2 2025 earnings report before the conference call, which will be available on Halliburton's website. Investors can access the live webcast and a recorded version will be available for seven days following the call. Pre-registration is available for participants to obtain dial-in details. Halliburton, founded in 1919, is a leading provider of products and services to the energy industry, focusing on innovative technologies that help customers maximize asset value and advance sustainable energy solutions.

Halliburton (HAL) announced a strategic collaboration with PETRONAS Carigali Sdn. Bhd. to enhance subsurface modeling and reservoir management capabilities. The partnership involves deploying Halliburton Landmark's DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling solutions. These technologies aim to unify exploration and development workflows, enabling real-time collaboration using a unified live earth model. The solutions maintain geological fidelity across scales and automate the generation of multiple probabilistic geological scenarios while integrating real-time reservoir flow data. This collaboration follows a comprehensive benchmarking of PETRONAS' practices and will incorporate multi-scenario probabilistic modeling with AI and machine learning support.

Chevron (CVX) and Halliburton (HAL) have jointly developed a groundbreaking intelligent hydraulic fracturing process in Colorado that implements closed-loop, feedback-driven completions. The system combines automated stage execution with real-time subsurface feedback to optimize wellbore energy delivery without human intervention. This advancement builds upon existing autonomous hydraulic fracturing technology, utilizing Halliburton's ZEUS IQ intelligent fracturing platform, which includes OCTIV auto frac and Sensori monitoring capabilities. The innovation enables operations to adapt in real-time to localized environments rather than relying on performance forecasting, potentially improving asset performance and operational efficiency. The technology integrates Chevron's hydraulic fracturing expertise with Halliburton's digital automation infrastructure to create an advanced decision-making algorithm.

Chevron (CVX) and Halliburton (HAL) have jointly developed a groundbreaking intelligent hydraulic fracturing process in Colorado that implements closed-loop, feedback-driven completions. The innovative system combines automated stage execution with subsurface feedback to optimize wellbore energy delivery without human intervention. The technology leverages Halliburton's ZEUS IQ intelligent fracturing platform, which includes OCTIV auto frac and Sensori monitoring capabilities, alongside Chevron's hydraulic fracturing expertise and subsurface knowledge. This advancement enables real-time adaptation to localized environments rather than relying on performance forecasting, marking a significant shift in hydraulic fracturing operations for shale and tight rock formations.