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Halliburton Co. - HAL STOCK NEWS

Welcome to our dedicated news page for Halliburton Co. (Ticker: HAL), a resource for investors and traders seeking the latest updates and insights on Halliburton Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Halliburton Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Halliburton Co.'s position in the market.

Rhea-AI Summary
Halliburton (HAL) has secured a deep water integrated multi-well construction contract with Rhino Resources in Namibia, aiming to maximize asset value and innovation in the oil and gas sector. The collaboration includes exploration and appraisal well construction, testing services, and a focus on localization to benefit the Namibian community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
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Rhea-AI Summary
Halliburton Company (NYSE: HAL) reported net income of $606 million, or $0.68 per diluted share, for the first quarter of 2024. Adjusted net income was $679 million, or $0.76 per diluted share. Revenue reached $5.8 billion with an operating margin of 17%. The company repurchased $250 million of common stock. Completion and Production revenue was $3.4 billion, while Drilling and Evaluation revenue was $2.4 billion. North America revenue decreased by 8%, while International revenue increased by 12%. Halliburton introduced Reservoir Xaminer™, CorrosaLock™ cement system, and SuperFill™ II diverter to its portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
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Rhea-AI Summary
NanoTech Materials, Inc. expands its Texas operations by 340% to meet the increased demand for energy-efficient building materials. The company moves into a new 42,545-square-foot facility in Houston to produce Cool Roof Coat, with the capacity to cover over 55 million square feet annually. NanoTech outgrew its initial space at Halliburton Labs and now has a larger facility to support production and research. The company's ICP™ technology aims to reduce energy consumption, carbon emissions, and operating costs in various applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
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Rhea-AI Summary
Halliburton (HAL) schedules its annual shareholder meeting on May 15, 2024, at 9 a.m. CDT in Houston, Texas. The record date for voting eligibility is March 18, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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Rhea-AI Summary
Halliburton Company (HAL) will host a conference call to discuss its first quarter 2024 financial results on April 23, 2024. The call will start at 8:00 a.m. CT. The press release will be available on the company's website. Investors can listen to the call via live webcast and access a recorded version for seven days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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Rhea-AI Summary
Halliburton Labs welcomes Pulakesh Mukherjee, Partner at Imperative Ventures, to its advisory board. Mukherjee's expertise in energy systems and venture capital will enhance collaboration at Halliburton Labs, fostering growth for emerging companies in the energy sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
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management
Rhea-AI Summary
Nabors Industries Ltd. reported a net loss of $17 million in Q4 2023, compared to a loss of $49 million in Q3. Operating revenues for the full year 2023 were $3.0 billion, a 13% increase from the prior year. Adjusted EBITDA for 2023 was $915 million, a 29% year-on-year growth. The company's segments, including Nabors Drilling Solutions and Rig Technologies, also saw positive growth. The company announced collaborations and business combinations, showing promising future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
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Rhea-AI Summary
Halliburton (HAL) reported net income of $0.74 per diluted share and adjusted net income of $0.86, excluding losses in Argentina. The company's revenue was $5.7 billion with an operating margin of 18%. Cash flow from operations was $1.4 billion, and free cash flow was $1.1 billion. The 2024 first quarter dividend increased by $0.01 per share to $0.17 per share. Total revenue for the full year of 2023 was $23.0 billion, an increase of 13% from 2022. Operating income for 2023 was $4.1 billion, compared to 2022 operating income of $2.7 billion. Halliburton's Chairman, President, and CEO, Jeff Miller, expressed satisfaction with the company's performance, stating that both divisions achieved their highest operating margins in over a decade.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
Tags
dividends earnings
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Rhea-AI Summary
Halliburton Company (HAL) has been named to the 2023 Dow Jones Sustainability Indices (DJSI) for the third consecutive year. The company was recognized as a sector leader in Transparency & Reporting and Resource Efficiency & Circularity. Halliburton's commitment to sustainability leadership has been acknowledged by the DJSI, reflecting the company's dedication to meeting global energy demand while advancing a more sustainable energy future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
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Rhea-AI Summary
Halliburton Labs (HAL) welcomes Airovation Technologies, Ayrton Energy, Cache Energy, CENS, Disa Technologies, Marel Power Solutions, and XtraLit as the newest participants in its collaborative environment. The company aims to accelerate energy and climate innovation by providing expertise, connections, and facilities to help early-stage companies achieve strategic scaling milestones.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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Halliburton Co.

NYSE:HAL

HAL Rankings

HAL Stock Data

35.16B
884.87M
0.4%
87.07%
2.68%
Support Activities for Oil and Gas Operations
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Houston

About HAL

founded in 1919, halliburton is one of the world's largest providers of products and services to the energy industry. with approximately 65,000 employees, representing 140 nationalities in approximately 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. visit the company's website at www.halliburton.com.