OverviewSuggest Edit

Halliburton is a provider of products and services to the energy industry. It operates in two segments: Completion and Production and Drilling and Evaluation. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. The Drilling and Evaluation segment offers field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model and measure construction activities.

TypePublic
Founded1919
HQHouston, TX, US
Websitehalliburton.com
Employee Ratings3.6
Overall CultureC+

Latest Updates

Employees (est.) (Sept 2020)40,000(-20%)
Revenue (FY, 2020)$14.4 B(-35%)
Share Price (Mar 2021)$23 (+6%)
Cybersecurity ratingAMore

Key People/Management at Halliburton

Jeff Miller

Jeff Miller

Chairman, President and Chief Executive Officer
Auditor II - Senior

Auditor II - Senior

Staff Auditor
Lawrence J. Pope

Lawrence J. Pope

Executive Vice President of Administration and Chief Human Resources Officer
Joe D. Rainey

Joe D. Rainey

President - Eastern Hemisphere
Myrtle L. Jones

Myrtle L. Jones

Senior Vice President - Tax
Mark Richard

Mark Richard

President - Western Hemisphere
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Halliburton Office Locations

Halliburton has offices in Houston, Alice, Anchorage, Bakersfield and in 54 other locations
Houston, TX, US (HQ)
3000 N Sam Houston Pkwy E
Alice, TX, US
850 Commerce Rd
Anchorage, AK, US
6900 Arctic Blvd
Bakersfield, CA, US
34722 7th Standard Rd
Bossier City, LA, US
5410 Kilpatrick Dr
Canonsburg, PA, US
121 Champion Way #110
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Halliburton Financials and Metrics

Halliburton Revenue

Halliburton's revenue was reported to be $14.45 b in FY, 2020
USD

Revenue (FY, 2020)

14.4b

Net income (FY, 2020)

(2.9b)

EBIT (FY, 2020)

(2.4b)

Market capitalization (1-Mar-2021)

20.4b

Closing stock price (1-Mar-2021)

23.0

Cash (31-Dec-2020)

2.6b

EV

28.7b
Halliburton's current market capitalization is $20.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

20.6b24.0b22.4b14.4b

Revenue growth, %

30%16%(7%)

Cost of goods sold

18.4b21.0b20.1b

Gross profit

2.3b3.0b2.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

5.7b6.1b6.2b5.7b5.9b5.6b5.0b3.2b3.0b

Cost of goods sold

5.1b5.3b5.4b5.5b5.3b5.0b4.5b2.9b2.7b

Gross profit

677.0m854.0m788.0m196.0m606.0m5.5b556.0m279.0m164.0m

Gross profit Margin, %

12%14%13%3%10%100%11%9%6%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.3b2.0b2.3b2.6b

Accounts Receivable

5.0b5.2b4.6b3.1b

Inventories

2.4b3.0b3.1b2.3b

Current Assets

10.8b11.2b11.2b9.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

2.3b2.1b2.1b1.4b1.2b1.6b1.4b1.8b2.1b

Accounts Receivable

5.3b5.4b5.5b5.6b5.7b5.3b4.9b3.3b3.1b

Inventories

2.5b2.6b2.9b3.3b3.3b3.4b3.2b2.7b2.6b

Current Assets

11.0b11.4b11.4b11.2b11.2b11.2b10.7b9.1b9.0b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(468.0m)1.7b(1.1b)(2.9b)

Depreciation and Amortization

1.6b1.6b1.6b1.1b

Inventories

(29.0m)(681.0m)(202.0m)340.0m

Accounts Payable

753.0m483.0m(595.0m)(934.0m)
USDFY, 2017

Revenue/Employee

374.9k

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3 x
Show all financial metrics

Halliburton Operating Metrics

FY, 2017FY, 2018FY, 2019

Patents (US)

813 896 1.12 k

Countries Covered

70 80 80

Services Provided

14 14 14
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Halliburton Acquisitions / Subsidiaries

Company NameDateDeal Size
Summit ESPJuly 05, 2017
Intelligent Well ControlsNovember 27, 2013
Red SpiderDecember 01, 2012
Multi-Chem GroupOctober 03, 2011
SensorTranApril 21, 2011
Permedia Research GroupSeptember 23, 2010
Pinnacle Technologies, Inc.August 28, 2008
WellDynamicsJuly 02, 2008
Protech CenterformJune 09, 2008
Knowledge Systems, Inc.May 02, 2008
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Halliburton Revenue Breakdown

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Halliburton revenue breakdown by business segment: 37.4% from Drilling and Evaluation and 62.6% from Completion and Production

Halliburton revenue breakdown by geographic segment: 21.8% from Middle East/Asia, 10.5% from Latin America, 14.7% from Europe/Africa/CIS and 53.0% from North America

Human Capital Metrics

Embed Graph
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Halliburton Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Halliburton Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Halliburton Online and Social Media Presence

Embed Graph

Halliburton Company Culture

  • Overall Culture

    C+

    65/100

  • CEO Rating

    D

    60/100

  • Compensation

    B

    69/100

  • Diversity

    C+

    66/100

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Halliburton News and Updates

Halliburton narrows loss as revenue tops estimates

Oil services company Halliburton Inc. said Monday it had a net loss of $235 million, or 27 cents a share, in the fourth quarter, narrower than the loss of $1.654 billion, or $1.88 a share, posted in the year-earlier period. Adjusted to exclude severance and other charges, the company had per-share …

Energy Industry Adoption Of AI - Interview With Dr. Satyam Priyadarshy, Technology Fellow And Chief Data Scientist At Halliburton

Companies in the energy industry have begun to ramp up their adoption of various AI technologies. With the advent of widespread access to big data technologies, low-cost compute resources, & the availability of technology it’s making it easier for the energy sector to see real value from AI.

March 2021 Options Now Available For Halliburton (HAL)

Investors in Halliburton Company (Symbol: HAL) saw new options begin trading today, for the March 2021 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 92 days until expiration the newly trading contracts represent a potent…

Nanotech nabs $5M in seed funding, issues shares to Halliburton Labs

A local company developing fireproofing and insulation technologies raised new growth funding. Houston-based Nanotech Inc. recently closed a $5 million seed financing round, according to a Dec. 7 press release. The investment round was led by Austin-based venture capital firm Ecliptic Capital. Na…

Halliburton Teams With Accenture to Accelerate Digital Supply Chain Transformation

– Halliburton (NYSE: HAL) and Accenture (NYSE: ACN) today announced they have teamed to accelerate Halliburton’s digital supply chain transformation and support digitalization within the Company’s manufacturing function.

Halliburton v Chubb: Supreme Court rules on arbitrator bias

Arbitrators risk being seen as biased and having their appointment to arbitral tribunals revoked by courts in England and Wales if they fail to notify businesses involved in arbitral proceedings of their appointment to other tribunals tasked with considering related subject matter and involving a co…
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Halliburton Blogs

Halliburton 2021 First Quarter Conference Call

Halliburton 2021 First Quarter Conference Call Content Import Wed, 03/03/2021 - 17:15 Halliburton 2021 First Quarter Conference Call March 3, 2021 at 5:15 PM EST This release is a backfill from a News Wire General HOUSTON--(BUSINE…

Halliburton Declares Dividend and Announces Annual Shareholders' Meeting

Halliburton Declares Dividend and Announces Annual Shareholders' Meeting Content Import Thu, 02/18/2021 - 17:15 Halliburton Declares Dividend and Announces Annual Shareholders' Meeting February 18, 2021 at 5:15 PM EST This release is a backfill from a News Wir…

Halliburton Names Bob Patel to Board of Directors

HOUSTON --(BUSINESS WIRE)--Feb. 17, 2021-- Halliburton Company (NYSE: HAL) today announced that Mr. Bhavesh V. (Bob) Patel has been named to the Company’s board of directors. The appointment is effective February 17, 2021 , and he will stand for election by stockholders at the Company’s annual

Enexor Joins Halliburton Labs, Prepares for Global Launch

Enexor Joins Halliburton Labs, Prepares for Global Launch Paul.alfano@na… Fri, 02/12/2021 - 16:14 Enexor Joins Halliburton Labs, Prepares for Global Launch February 9, 2021 at 9:00 AM EST This release is a backfill from a News Wire General …

Halliburton Labs Announces Inaugural Group of Companies

Enexor BioEnergy, Momentum Technologies and OCO Inc. join clean tech accelerator program HOUSTON --(BUSINESS WIRE)--Feb. 9, 2021-- Halliburton Labs today announced the inaugural group of companies selected to participate in its collaborative environment where entrepreneurs, academics, and investors

Halliburton to Provide Digital Solutions for Kuwait Oil Company

Halliburton to Provide Digital Solutions for Kuwait Oil Company Content Import Wed, 02/03/2021 - 06:00 Halliburton to Provide Digital Solutions for Kuwait Oil Company February 3, 2021 at 6:00 AM EST This release is a backfill from a News Wire Ge…
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Halliburton Frequently Asked Questions

  • When was Halliburton founded?

    Halliburton was founded in 1919.

  • Who are Halliburton key executives?

    Halliburton's key executives are Jeff Miller, Auditor II - Senior and Lawrence J. Pope.

  • How many employees does Halliburton have?

    Halliburton has 40,000 employees.

  • What is Halliburton revenue?

    Latest Halliburton annual revenue is $14.4 b.

  • What is Halliburton revenue per employee?

    Latest Halliburton revenue per employee is $361.1 k.

  • Who are Halliburton competitors?

    Competitors of Halliburton include Nabors, NexTier Oilfield Solutions and Borets.

  • Where is Halliburton headquarters?

    Halliburton headquarters is located at 3000 N Sam Houston Pkwy E, Houston.

  • Where are Halliburton offices?

    Halliburton has offices in Houston, Alice, Anchorage, Bakersfield and in 54 other locations.

  • How many offices does Halliburton have?

    Halliburton has 63 offices.