Brett_Hondow/iStock Editorial via Getty Images Halliburton (NYSE:HAL) is a top oil and gas services firm that supports the operations of energy companies across the globe. The company has been around for over 100 years and has a market cap of just over $25 billion. Its status as a large-cap stable player in the oil and gas services makes it a top holding in the S&P Oil and Gas Services ETF (XES) and a 50-year-long member of the S&P 500 index. However, being in the energy industry makes HAL a relatively ...

Key TakeawaysHalliburton said it has and will continue to incur costs related to a cyberattack in August.The oilfield services provider explained the hacker gained access to certain of its systems that has caused disruptions for its operations and corporate functions.Halliburton warned while the hack hasn't caused significant financial or operational impacts, it remains subject to certain risks from the incident. Shares of Halliburton (HAL) declined Tuesday after the biggest oilfield services provider warn ...

Energy giant Halliburton has confirmed its systems were hacked and that intruders “accessed and exfiltrated information” following a cyberattack last week.In a brief filing with government regulators on Tuesday, Halliburton said it was “evaluating the nature and scope of the [stolen] information,” and what data breach notifications it is required to make. Halliburton last week said it took some of its systems offline following the detection of the cyberattack. The company now says it is “working to identif ...

The latest trading session saw Halliburton (HAL) ending at $31, denoting a -1.96% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.6%. Meanwhile, the Dow experienced a drop of 0.39%, and the technology-dominated Nasdaq saw a decrease of 1.12%.Prior to today's trading, shares of the provider of drilling services to oil and gas operators had lost 7.81% over the past month. This has lagged the Oils-Energy sector's loss of 0.38% and the S&P 500's gain of 3.15% in that time. ...

Oil drilling and fracking giant Halliburton said it has shut down some of its internal systems following a cyberattack earlier this week. In a brief statement filed with government regulators on Thursday, Halliburton said it became aware of unauthorized access to its systems on Wednesday and responded by “proactively taking certain systems offline.” The company said it is “working to identify any effects of the incident.” Halliburton, which has close to 48,000 employees in dozens of countries per company f ...

Halliburton Company (HAL) , a U.S.-based oilfield services company, was recently hit by a cyberattack that seemingly affected business operations at its north Houston campus. The company stated that it was aware of an issue affecting certain systems, and was diligently working to determine the cause and impact of the problem. Halliburton also mentioned working with leading external agents to resolve the issues.The attack also caused some issues in its global connectivity network. The company urged its staff ...

Core Viewpoint - Halliburton has secured a significant multi-year contract with Petrobras to provide integrated well intervention and plug and abandonment services in Brazil, starting in Q2 2025, enhancing its strategic position in the offshore market [1][3]. Detailed Service Offerings - The contract includes a comprehensive range of services such as fluids, completion equipment, wireline, slickline, flowback services, and coiled tubing, aimed at ensuring operational efficiency through HAL's project management [2]. Strategic Importance and Benefits - The partnership is expected to optimize production and asset value for Petrobras, with Halliburton's capabilities in engineering tailored solutions to extend well lifespan and access challenging reserves [3]. - This contract solidifies Halliburton's market presence in Brazil, reaffirming its leadership in specialized oilfield services [3]. Outlook and Industry Impact - The contract positions Halliburton favorably in the evolving offshore sector in Brazil, allowing it to capitalize on future opportunities amid increasing efficiency and cost-effectiveness demands [4]. - Halliburton is committed to environmental standards and operational best practices, aiming to minimize environmental impact while maximizing efficiency through sustainable solutions [4]. Conclusion - The contract with Petrobras marks a pivotal milestone for Halliburton's strategic expansion in Brazil, showcasing its operational excellence and commitment to delivering value-added solutions in the oil and gas industry [5].

Shares of Halliburton Company (HAL) have dropped by more than 15% over the past three months to close at $31.85 on Monday, near 52-week lows of $30.31. Underperforming the sector and the S&P 500, the drop can be attributed to weaker North American activity and a lower margin outlook.3-Month Price Performance Image Source: Zacks Investment ResearchOn the surface, the current share price seems an excellent opportunity to build a position in a renowned company — after all you would much rather buy closer to th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______to_______ Commission File Number 001-03492 HALLIBURTON COMPANY (Exact name of registrant as specified in its charter) Delaware 75-2677995 (State or other jurisdict ...

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