Halliburton Company

Halliburton Company

0R23.L
Halliburton CompanyGB flagLondon Stock Exchange
40.74
USD
+0.70
- -
35.69BMarket Cap
Halliburton Company
0R23.L
(London Stock Exchange)

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Business
Halliburton Company is a multinational provider of products and services to the energy industry, primarily focused on upstream oil and gas exploration, development, and production. Founded in 1919 and headquartered in Houston, Texas, with a secondary headquarters in Dubai, Halliburton operates through two main segments: Completion and Production, and Drilling and Evaluation. Its core product and service offerings encompass cementing, stimulation, specialty chemicals, well intervention, pressure control, artificial lift, and completion products and services; drilling fluids, drill bits, formation evaluation, reservoir testing, wellbore placement solutions, software, project management, and consulting services. The company services customers globally, including operations in more than 70 countries. Recent strategic developments include Halliburton's acquisition of Optime Subsea, a Norwegian offshore technology provider known for its innovative umbilical-less subsea intervention and well control technologies, enhancing Halliburton's subsea oil and gas value chain and expanding its global market access. The acquisition builds on a prior strategic alliance and marks Halliburton’s commitment to advancing modular, scalable subsea solutions. Additionally, Halliburton appointed Shannon Slocum as executive vice president and chief operating officer effective January 2026, overseeing global operations and technology development, with Rami Yassine succeeding Slocum as president of the Eastern Hemisphere operations. The company also entered a framework agreement with Shell to deploy its Remote Operated Control System (ROCS) technology following successful trials in the Gulf of America. Halliburton continues to release next-generation technologies such as the industry’s first intelligent fracturing platform and real-time 3D geological insights for well drilling. These operational and technological advances support Halliburton’s mission to improve efficiency, increase hydrocarbon recovery, and maximize production, reinforcing its position as a leading global oilfield services provider with a broad portfolio including artificial lift, chemical services, drilling, well completions, and reservoir monitoring solutions. Halliburton reported revenues exceeding $22 billion in the last twelve months and maintains a longstanding dividend payment record, indicating solid financial health and strategic growth orientation in the competitive energy services sector.