Halliburton

Halliburton’s U.S. Land Revenue Climbs 30%, with Newbuild Demand Escalating

Halliburton’s U.S. Land Revenue Climbs 30%, with Newbuild Demand Escalating

Halliburton Co.’s North American revenue jumped 24% sequentially in the first three months of the year, with U.S. land outperforming the domestic rig count with an increase of almost 30%.

April 24, 2017
Schlumberger, Weatherford Taking Fight to Halliburton for North American Fracking Share

Schlumberger, Weatherford Taking Fight to Halliburton for North American Fracking Share

Schlumberger Ltd. and Weatherford International plc are signaling a knife fight for North American pressure pumping market share after forming a partnership aimed at No. 1 operator Halliburton Co.

March 27, 2017
Halliburton Ready to Play Hardball on Pricing, Says CEO

Halliburton Ready to Play Hardball on Pricing, Says CEO

Halliburton Co. returned to operating profitability in North America for the first time in 2016 in the final three months, and equipment is coming off the cold stack and moving back into the onshore, if the price is right, CEO Dave Lesar said Monday.

January 23, 2017

Halliburton Sees Green Shoots, Surprises to Upside in 3Q, with North American Revenue Jumping 9%

Halliburton Co., the largest pressure pumper and completions expert in North America, swung to an unexpected profit in the third quarter, driven by “relentlessly managing costs” and a slightly improving market, CEO Dave Lesar said Wednesday.

October 19, 2016

Halliburton, U.S. Silica Move Record White Sand Load in Largest Unit Train Ever

Halliburton Co., which performs more pressure pumping in North America than any other oilfield services provider, said it moved with U.S. Silica Holdings Inc. the largest sand unit train of its kind to date, traversing a route from Illinois to Texas.

October 17, 2016
Attrition, Efficiency Have Tightened Pressure-Pumping Capacity, Halliburton Says

Attrition, Efficiency Have Tightened Pressure-Pumping Capacity, Halliburton Says

When it comes to the peak U.S. rig count, 900 is the new 2,000, Halliburton Co. President Jeff Miller told investors during the company’s 2Q2016 earnings call Wednesday.

July 21, 2016
E&Ps See ‘Light at the End of a Tunnel and Not an Oncoming Train,’ Says Halliburton CEO

E&Ps See ‘Light at the End of a Tunnel and Not an Oncoming Train,’ Says Halliburton CEO

The North American onshore industry has shifted its thinking towards recovery, and Halliburton Co.’s second quarter results likely represent the bottom as exploration and production (E&P) companies look ahead to growth, CEO David Lesar said.

July 20, 2016
Peak Rig Count? Nine Hundred the New 2,000, Says Halliburton

Peak Rig Count? Nine Hundred the New 2,000, Says Halliburton

When it comes to the peak U.S. rig count, 900 is the new 2,000, Halliburton Co. President Jeff Miller told investors during the company’s 2Q2016 earnings call Wednesday.

July 20, 2016

ValueAct to Pay Record $11M Penalty For Attempting to Influence Halliburton, Baker Merger

Activist investment firm ValueAct on Tuesday agreed to pay a record $11 million to the U.S. Justice Department to settle allegations that it attempted to influence the Baker Hughes Inc. and Halliburton Co. merger, which has since been canceled.

July 13, 2016
North America ‘Coming Off’ Bottom but Recovery Shaky, Says Halliburton CFO

North America ‘Coming Off’ Bottom but Recovery Shaky, Says Halliburton CFO

North America’s oil and gas industry is “coming off the bottom,” but the recovery is unlikely to be a straight line, Halliburton Co.’s financial chief said Tuesday.

June 22, 2016