Welcome to our dedicated page for Halliburton news (Ticker: HAL), a resource for investors and traders seeking the latest updates and insights on Halliburton stock.
Halliburton Company (HAL) provides essential oilfield services and technological solutions to the global energy industry. This news hub offers investors and industry professionals direct access to official press releases, operational updates, and strategic developments from one of the world's most established energy service providers.
Track critical updates including quarterly earnings reports, technological advancements in hydraulic fracturing and directional drilling, strategic partnerships, and leadership announcements. Our curated collection ensures timely access to information that impacts Halliburton's market position and the broader oilfield services sector.
Key content categories include financial disclosures, innovation milestones in material science and drilling technologies, contract awards with energy producers, and sustainability initiatives. All materials are sourced directly from verified corporate communications to maintain accuracy and compliance.
Bookmark this page for streamlined access to Halliburton's latest developments. Combine these updates with fundamental analysis tools available on Stock Titan to inform your energy sector research.
Halliburton Company (NYSE: HAL) announced a collaboration with Energean to conduct a carbon storage potential study for the Prinos basin in Greece. The study will involve long-term plume modeling and a conceptual development plan using Halliburton's DecisionSpace 365® cloud applications. This partnership marks the first end-to-end carbon capture and storage evaluation collaboration between an operator and energy service provider in Europe. The project could accommodate emissions equivalent to the Greek manufacturing sector for a decade starting 2025, demonstrating a commitment to energy transition.
Halliburton Company (NYSE: HAL) announced the immediate suspension of business operations in Russia due to complying with sanctions against state-owned customers. The company halted shipments of specific sanctioned parts and has no active joint ventures in the region. CEO Jeff Miller emphasized the importance of employee safety and compliance with sanctions, while acknowledging the tragic impact of the Ukraine war on employees and their families.
Halliburton Labs announces the addition of three companies—Chemergy, EVA, and Novamera—to its industrial scaling program aimed at advancing cleaner energy solutions. The selected companies will benefit from Halliburton Labs' technical expertise, industrial capabilities, and global network. Chemergy focuses on converting waste into green hydrogen, EVA develops drone infrastructure for global operations, and Novamera specializes in sustainable mining technologies. Halliburton Labs aims to accelerate these companies by providing mentorship and resources to achieve strategic milestones efficiently.
Halliburton Company (NYSE: HAL) announced the contract awarded by Petrobel, a joint venture of ENI and the Egyptian General Petroleum Corporation, to implement the iEnergy® Stack. This cloud solution aims to enhance digital transformation and streamline petrotechnical software applications, thereby reducing total ownership costs. The iEnergy® Stack is built to accelerate workflows with large datasets and supports collaborative exploration and production (E&P) processes. The initiative marks a significant step in Petrobel's journey towards improved efficiency.
Halliburton Company (NYSE: HAL) will hold a conference call on April 19, 2022, at 8:00 AM CT to discuss its Q1 2022 financial results. The earnings press release will be available on the company’s website before the call. Investors can pre-register for the call to obtain dial-in details. A replay will be available on the website until April 26, 2022, along with a telephone replay option. Halliburton continues to provide essential services to the energy industry globally.
Halliburton Company (NYSE: HAL) has inaugurated its first chemical reaction plant in Saudi Arabia, enhancing its manufacturing capabilities in the region. This facility will produce a wide range of specialty chemicals for the oil and gas industry and other sectors, supporting Halliburton’s commitment of over $1 billion to Saudi Arabia over the past decade. The plant aims to boost local supply chain partnerships and advance research in oilfield stimulation and industrial water treatment, further integrating Halliburton into the Kingdom's downstream initiatives.
Halliburton Company (NYSE: HAL) will hold its annual meeting of shareholders on May 18, 2022, at 9:00 a.m. Central Daylight Time at its headquarters in Houston, Texas. The record date to determine shareholders eligible to vote is set for March 21, 2022. Established in 1919, Halliburton is a leading provider of energy industry products and services, employing around 40,000 people across 70 countries.
Halliburton Company (NYSE: HAL) announced the addition of Ms. Tobi Young and Mr. Earl Cummings to its board of directors, effective February 23, 2022. Both will stand for election at the annual meeting on May 18, 2022. Chairman Jeff Miller stated that their diverse experience in technology, entrepreneurship, and governance will enhance the board's oversight. Young leads global privacy at Cognizant, while Cummings is an entrepreneur with a background in technology and real estate. Their appointments are seen as a move to strengthen Halliburton's leadership in developing new energy products and services.
Halliburton Labs has appointed two new advisory board members: Jennifer Holmgren, CEO of LanzaTech, and Maynard Holt, CEO of Veriten. Their extensive experience in energy systems and innovation aims to enhance Halliburton Labs' mission in supporting early-stage companies striving for cleaner energy solutions. Holmgren has a background in carbon recycling and has received multiple awards, while Holt brings a wealth of expertise from his time in energy investment banking.
Halliburton Company (NYSE: HAL) has announced the redemption of $600 million of its 3.800% Senior Notes due 2025, set for redemption on February 23, 2022. The total outstanding amount of these Notes is approximately $1 billion. The redemption price will be the greater of the principal amount or the present value of scheduled payments, plus accrued interest. The company intends to use cash on hand for this redemption. Notice has been sent to all registered holders of the Notes by the Trustee, The Bank of New York Mellon Trust Company, N.A.
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