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Halliburton Co. engages in the provision of services and products to the energy industry related to the exploration, development, and production of oil and natural gas. It operates through the following segments: Completion & Production, and Drilling & Evaluation business segments. Read More The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. The company was founded by Erle P. Halliburton in 1919 and is headquartered in Houston, TX.
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Oil and Gas
Halliburton strikes new deal with San Antonio
The city of San Antonio and oilfield services company Halliburton plan to enter into an agreement that will keep the company's Eagle Ford Shale operations local.
Halliburton (HAL) Amends & Raises Credit Facility by $500M
Halliburton Company HAL recently boosted its available credit facility by $500 million. Per its recent SEC filing, the company has superseded its previous five-year credit facility of $3 billion with a new deal worth $3.5 billion. The credit facility is expected to enable the company draw debt to cover general working capital requirements until March 2024. Notably, as of Dec 31, 2018, it had approximately $2 billion in cash/cash equivalents and $10.4 billion in long-term debt, representing a debt-to-capita...
Yahoo FinanceMar 18
Bill Nygren Takes an Interest in eBay, Halliburton
- By Sydnee Gatewood Oakmark Fund manager Bill Nygren (Trades, Portfolio) disclosed two new holdings in his fourth-quarter 2018 portfolio, which was released last week. The guru, who also manages the Chicago-based firm's Select and Global Select funds, invests in mid- and large-cap companies to achieve capital appreciation. When picking stocks, he looks for growing companies that have shareholder-oriented management teams. According to the fund's fact sheet, he will take a position when the stock ...
Available Apr 22, Pre-Market