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Reuters (Free subscription) | 10/16/2009
NEW YORK (Reuters) - Halliburton Co , the world's second-largest oilfield services company, reported a 61 percent drop in quarterly net profit on Friday as a slump in natural gas prices kept many North American drillers on the sidelines.
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oil and energy news (Free subscription) | 10/15/2009
Yesterday, oilfield service provider Halliburton Company (NYSE: HAL - News) announced the receipt of a two-year, $229 million contract from the Norwegian subsidiary of Talisman Energy Inc (NYSE: TLM - News). The deal calls for Halliburton to provide drilling fluids and related services to all Talisman-operated fields on the Norwegian Continental Shelf. Halliburton further said [...]
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Business Wire (Free subscription) | 10/13/2009
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Baker Hughes Inc. (NYSE: BHI), Halliburton Company (NYSE: HAL), Schlumberger Limited (NYSE: SLB), National-Oilwell Varco (NYSE: NOV) and...
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Business Wire (Free subscription) | 09/15/2009
HOUSTON--(BUSINESS WIRE)--Boots & Coots, Inc. (NYSE: WEL), the premier pressure control company for the oil and gas industry, today announced it has entered into an agreement to purchase Halliburton Company’s (NYSE: HAL) external abrasive jet cutting systems. “We have worked in conjunction with Halliburton for several years coordinating the jet cutter in emergency response efforts both...
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People Daily (Free subscription) | 09/01/2009
Baker Hughes Inc said it will buy smaller competitor BJ Services Co for $5.5 billion in stock and cash to expand its international business and take advantage of BJ's pressure pumping expertise. The deal values BJ at a 16 percent premium over its closing price on Friday, the companies said. Lower oil and gas prices have hammered the industry, with both companies, as well as industry leaders Schlumberger...
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The Houston Business Journal (Free subscription) | 08/12/2009
Halliburton Co. has been awarded a $140 million contract by Total for work on a project offshore Angola. (HAL)
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GuruFocus Updates (Free subscription) | 07/25/2009
Weekly highlight of top insider buys: Halliburton Company ( HAL ), Regions Financial Corp. ( RF ), General American Investors Company Inc. ( GAM ), Marten Transport Ltd. ( MRTN ), and S&T Bancorp Inc. ( STBA ) For the complete list of stocks that bought by their company executives, go to: Insider Buys . Halliburton Company ( HAL ): Director Nance K Dicciani Bought 5,000 Shares Director of Halliburton...
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People Daily (Free subscription) | 07/21/2009
The world's second largest oilfield-services provider Halliburton Co. said Monday it's second-quarter profits plunged by almost a half, a fall smaller than analysts had expected. Halliburton, which has dual headquarters in Houston and Dubai, said its net income for the second quarter plummeted 48 percent to262 million U.S. dollars, from 504 million dollars a year ago. Excluding costs for job cuts,...
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The Houston Business Journal (Free subscription) | 07/20/2009
Halliburton Co. on Monday said weak activity was a contributing factor in a 48 percent drop in second-quarter net income. (HAL)
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Seattle Times (Free subscription) | 07/20/2009
Halliburton Co. said Monday its second-quarter profit tumbled 48 percent as sluggish exploration and production activity, particularly in North America, crimped results. Its earnings beat Wall Street forecasts, though the company offered little hope for an uptick in drilling before year's end.
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Times of the Internet (Free subscription) | 07/20/2009
The U.S. stock market faces more than 100 corporate earnings reports this week after earnings and forecasts last week helped major indexes rise 7 percent. Standard & Poor's 500 index companies issuing their April-June quarterly reports Monday include industrial manufacturer Eaton Corp., toymaker Hasbro Inc., oil services giant Halliburton Co., semiconductor developer Texas Instruments Inc. and...
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