Halliburton Stock Price, News & Analysis

Halliburton (NYSE: HAL) and Rhino Resources (OTC: RHNO) have successfully completed two exploration wells on Block 2914 within PEL 85 offshore Namibia. The project marks the first wells completed entirely using in-country infrastructure through Halliburton's new operational bases in Walvis Bay, Swakopmund, and Lüderitz.

The collaboration includes the establishment of the Rhino-Halliburton Technology Centre at the University of Namibia in October 2024, focusing on advancing geoscience education and research. This initiative demonstrates both companies' commitment to developing local capacity and supporting Namibia's emergence as an energy hub in Africa.

Halliburton (HAL) reported Q1 2025 financial results with net income of $204 million ($0.24 per diluted share), down from $606 million ($0.68 per share) in Q1 2024. Total revenue decreased to $5.4 billion from $5.8 billion year-over-year.

The company's adjusted operating margin was 14.5%, with operating income at $431 million. Completion and Production revenue declined 8% to $3.1 billion, while Drilling and Evaluation revenue decreased 6% to $2.3 billion.

Notable developments include:

• Share repurchases of approximately $250 million
• Quarterly dividend payment of $0.17 per share
• Launch of autonomous hydraulic fracturing technology with Coterra Energy
• New contract award from Petrobras for integrated drilling services in Brazil

Halliburton (HAL) and Nabors Industries (NBR) have achieved a significant milestone in drilling automation in Oman, implementing the first fully automated surface and subsurface execution of rotary and slide drilling operations. The collaboration integrates Halliburton's LOGIX™ automation and remote operations solutions with Nabors SmartROS® rig operating system.

The integrated solution delivered land-based, closed-loop drilling capabilities that enhanced operational efficiency, consistency, and real-time decision-making. The project demonstrated improved performance metrics, including:

• Wells delivered ahead of schedule
• Higher average rate of penetration
• Reduced non-productive time

This achievement earned both companies the 2025 Digital Enabler of the Year Award and marks a significant advancement in automation technology in the Middle East region.

Halliburton and industry partners hosted Department of Interior Secretary Doug Burgum for a Marcellus shale field visit in Washington County, Pennsylvania. The event showcased modern energy development, featuring Halliburton's Zeus® intelligent electric fracturing platform at a Range Resources site.

The demonstration highlighted how innovation is enhancing domestic supply while reducing emissions and costs. The visit emphasized the importance of smart energy policies to boost American energy production and featured collaboration between AXPC, EQT , Halliburton, and Range Resources.

The event focused on demonstrating how American innovation drives record energy production while supporting job creation and reducing costs for consumers. Industry leaders emphasized the potential for meeting growing energy demand both domestically and internationally, while advancing emissions reduction goals and supporting local communities.

Halliburton (NYSE: HAL) has announced its upcoming first quarter 2025 earnings conference call, scheduled for Tuesday, April 22, 2025, at 8:00 a.m. CT (9:00 a.m. ET). The company will release its Q1 2025 financial results prior to the call.

The earnings call will be accessible via live webcast on the Halliburton website, with a recorded version available for seven days following the conference. Participants can pre-register to obtain dial-in numbers and passcodes for the call.

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 (NYSE: HAL) and Sekal AS have achieved a significant technological milestone by deploying the world's first automated on-bottom drilling system in the North Sea. The groundbreaking system integrates Halliburton's LOGIX™ automation and remote operations with Sekal's Drilltronics® and rig automation control technology.

The system was successfully implemented for Equinor on the Norwegian Continental Shelf, featuring an integrated closed-loop control solution that enables autonomous directional drilling with automated wellbore hydraulics and dynamic surface drilling rig equipment control. The technology allows for single-button optimization of drilling parameters and precise well placement through real-time advanced models of subsurface, wellbore fluid, and pressure systems.

Halliburton Company (NYSE: HAL) has announced its first quarter dividend for 2025. The company's board of directors has declared a dividend of $0.17 per share on common stock, which will be payable on March 26, 2025. Shareholders must be on record by the close of business on March 5, 2025 to receive this dividend.

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 (NYSE: HAL) has secured its largest service contract with Petrobras for integrated drilling services across several offshore fields in Brazil. The three-year contract, set to commence in 2025, covers drilling services for both development and exploration wells.

The company will deploy several advanced technologies including:

• iCruise® intelligent rotary steerable system for reduced well time and accurate well placement
• LOGIX™ automation platform for improved well construction performance
• EarthStar® ultra-deep resistivity service for reservoir mapping
• BaraLogix® real-time service for hydraulic optimization
• Cerebro® in-bit sensing and Reservoir Xaminer™ formation testing service

This contract significantly expands Halliburton's drilling services presence in Brazil's pre-salt and post-salt areas.

Halliburton (HAL) reported Q4 2024 results with net income of $615 million, or $0.70 per diluted share, up from Q3's $571 million. Q4 revenue was $5.6 billion with an operating margin of 17%. Full-year 2024 revenue remained flat at $22.9 billion compared to 2023, while operating income decreased to $3.8 billion from $4.1 billion.

The company generated $1.5 billion in operating cash flow and $1.1 billion in free cash flow. Notable shareholder returns included $1 billion in share repurchases throughout 2024, representing a 60% return of free cash flow to shareholders. In Q4, the company repurchased approximately $309 million of common stock and $100 million of debt.

Geographically, North America revenue declined 7% to $2.2 billion, while International revenue increased 3% to $3.4 billion in Q4. Management expects 2025 to be sequentially softer in North America but maintains a positive long-term outlook.