Halliburton’s business depends on oil and gas work, but a faster shift toward cleaner energy and tougher climate rules could shrink new projects and squeeze profits. At the same time, its push into international markets and newer digital tools may help it hold up better than skeptics expect.Read more
Halliburton could get a lift if energy producers keep spending on new drilling and upgrades, especially overseas, where its automation tools and bundled services may help it win more work and keep customers coming back. But the same business is still tied to oil and gas cycles, and pressure from cleaner energy, tougher rules, and weak pricing could derail the upside.Read more
Halliburton could get a steadier, higher-quality business as it leans into digital tools, automation, and more work outside North America, even while parts of the oil patch cool off. But the same push toward cleaner energy, tougher rules, and reliance on shale drilling could cap growth unless the company diversifies fast enough.Read more
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Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems, multilateral systems, and service tools. This segment also provides electrical submersible pumps, as well as artificial lift services; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning; and specialty chemicals and services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; drilling systems and services; wireline and perforating services consisting of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.
