Oilfield services giants SLB , Halliburton and Baker Hughes are turning to data centers and related artificial intelligence infrastructure work to drive their next phase of growth as they navigate slowing drilling demand and idle rigs across North America.
Halliburton (NYSE: HAL) shares have jumped 25% in the last five days, significantly exceeding the S&P 500's 1.7% increase. This surge followed another quarter of solid performance; however, the headline results only provide a partial view of the situation.
HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) signed a framework agreement to provide umbilical-less tubing hanger installation and retrieval services using the Remote Operated Control System (ROCS) technology to Shell. The agreement follows a successful three-well technology phase in the Gulf of America that highlights ROCS's effectiveness in deepwater environments. "This agreement signals...
HOUSTON--(BUSINESS WIRE)--The Halliburton Charitable Foundation raised more than $3.8 million through the annual Halliburton Charity Golf Tournament, which takes place at The Clubs of Kingwood. This year, the funds will support the missions of 100 nonprofit organizations that serve the community through educational, workforce development, health and safety, and social services programs. Since 1...
Halliburton surged 11% after Q3 earnings beat estimates, driven by strong product performance and a new VoltaGrid partnership. Despite the rally, HAL faces headwinds from North American market weakness and cautious Q4 guidance, with revenues expected to decline 10-15%. International growth, cost-cutting, and innovative Zeus frac pumps provide long-term catalysts, but short-term oil price risks ...
Halliburton published its Q3 results today and beat Wall Street's expectations. Sales and earnings performance for the quarter came in far better than the market had anticipated.
Halliburton Company (NYSE:HAL ) Q3 2025 Earnings Call October 21, 2025 9:00 AM EDT Company Participants David Coleman - Senior Director of Investor Relations Jeffrey Miller - Chairman of the Board, President & CEO Eric Carre - Executive VP & CFO Conference Call Participants Arun Jayaram - JPMorgan Chase & Co, Research Division Neil Mehta - Goldman Sachs Group, Inc., Research Division John Ander...
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