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Halliburton Co (HAL.N)

HAL.N on New York Stock Exchange

56.40USD
22 Jan 2018
Change (% chg)

$3.39 (+6.40%)
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Volume
3,255,010
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2,336,664
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$58.78
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$38.19

Latest Key Developments (Source: Significant Developments)

Halliburton "encouraged by international markets for the first time in three years" : conf call
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Halliburton Co ::HALLIBURTON SAYS INTERNATIONAL BUSINESS STARTED TO SHOW SIGNS OF RECOVERY IN THE LATTER HALF OF THE YEAR- CONF CALL.HALLIBURTON SAYS SAW COST INFLATION IN SAND AND TRUCKING IN Q4 - CONF CALL.HALLIBURTON SAYS WELL ON PATH TO 20 PERCENT MARGINS IN 2018- CONF CALL.HALLIBURTON CEO SAYS "ENCOURAGED BY INTERNATIONAL MARKETS FOR FIRST TIME IN THREE YEARS" - CONF CALL.HALLIBURTON SAYS CAN CONTINUE TO EXPERIENCE DELAYS IN COLLECTING PAYMENTS ON RECEIVABLES FROM PRIMARY CUSTOMER IN VENEZUELA - CONF CALL.  Full Article

Halliburton Q4 Adjusted EPS $0.53 From Continuing Operations
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Halliburton Co ::HALLIBURTON ANNOUNCES FOURTH QUARTER 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.53 FROM CONTINUING OPERATIONS.Q4 LOSS PER SHARE $0.92 FROM CONTINUING OPERATIONS.Q4 REVENUE $5.9 BILLION VERSUS I/B/E/S VIEW $5.63 BILLION.Q4 EARNINGS PER SHARE VIEW $0.46 -- THOMSON REUTERS I/B/E/S.‍ "ENCOURAGED BY INCREASE IN TENDER ACTIVITY AND POSITIVE DISCUSSIONS WE ARE HAVING WITH OUR INTERNATIONAL CUSTOMERS"​.HALLIBURTON - REPORTED LOSS FROM CONTINUING OPERATIONS OF $0.92/SHARE IN QUARTER, REFLECTING CHARGES RELATED TO U.S. TAX REFORM AND VENEZUELA RECEIVABLES.SAYS "CONTINUE TO BELIEVE WE ARE ON PATH TO NORMALIZED MARGINS IN NORTH AMERICA IN 2018".COMPLETION AND PRODUCTION REVENUE IN Q4 OF 2017 WAS $3.8 BILLION, AN INCREASE OF $267 MILLION, OR 8%, FROM Q3 OF 2017.DRILLING AND EVALUATION REVENUE IN Q4 OF 2017 WAS $2.1 BILLION, AN INCREASE OF $229 MILLION, OR 12%, FROM Q3 OF 2017."‍COMMODITY PRICES ARE SUPPORTIVE OF INCREASING ACTIVITY IN NORTH AMERICA"​.HALLIBURTON SAYS "REGARDING VENEZUELA, HALLIBURTON CONTINUES TO EXPERIENCE DELAYS IN COLLECTING PAYMENTS ON RECEIVABLES FROM OUR PRIMARY CUSTOMER"."‍ NORTH AMERICA COMPLETIONS MARKET IS TIGHT, AND DEMAND FOR OUR COMPLETIONS EQUIPMENT AND OUR SERVICE QUALITY REMAINS STRONG"​.HALLIBURTON - REGARDING VENEZUELA, DELAYED PAYMENTS ON RECEIVABLES FROM CO'S PRIMARY CUSTOMER REQUIRED CO TO RECORD AGGREGATE CHARGE OF $385 MILLION IN Q4.  Full Article

Aker BP in rig deals with Maersk, Odfjell, Halliburton‍​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Aker Bp Asa :Entered into separate agreements with Maersk Drilling and Halliburton for jack-ups, and with Odfjell Drilling and Halliburton for semi-submersibles‍​.  Full Article

Maersk Drilling enters into alliance agreement with Aker BP
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - MAERSK :MAERSK DRILLING HAS ENTERED INTO A JACK-UP ALLIANCE AGREEMENT WITH AKER BP <<>>.THE ALLIANCE IS FOUNDED ON A TRIPARTITE COLLABORATION MODEL THAT ALSO INCLUDES SERVICE PROVIDER HALLIBURTON <<>>.THE ALLIANCE AIMS AT LOWERING THE COST PER BARREL FOR AKER BP AND INCREASING PROFITABILITY FOR THE ALLIANCE PARTNERS..THE FRAMEWORK AGREEMENT IS FIVE YEARS FIRM WITH THE OPTION TO EXTEND FOR A FURTHER FIVE YEARS .  Full Article

Halliburton ‍board declares 2017 Q4 dividend of $0.18 a share ​
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Halliburton Co :Halliburton Co - ‍board has declared a 2017 Q4 dividend of $0.18 a share on co's common stock payable December 28, 2017​.  Full Article

Halliburton executive chairman David​ Lesar sells 50,000 shares of co's common stock
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Halliburton Co :Halliburton Co <<>> executive chairman David​ Lesar reports open market sale of 50,000 shares of co's common stock on Nov 1 - SEC filing.  Full Article

Oil Search buys oil assets in Alaska for an acquisition payment of $400 mln‍​‍​
Tuesday, 31 Oct 2017 

Nov 1 (Reuters) - Oil Search Ltd ::Acquires oil assets in Alaska North Slope‍​.Deal for an acquisition payment of $400 mln‍​.Acquisition, exploration, appraisal & development costs to be funded by existing cash, cash flows and additional financing facilities.Will assume operatorship of assets in June, 2018‍​.To buy assets from privately-owned companies Armstrong Energy LLC and GMT Exploration Company LLC.Has also entered into a cooperation agreement with Halliburton.Nanushuk's purchase & development & LNG expansion in PNG to not impact dividend policy nor need additional equity to be raised ‍​.  Full Article

Halliburton expects FY 2017 capital spending to be about $1.3 bln to $1.4 bln
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Halliburton Co :Halliburton Co says capital spending for full year 2017 currently expected to be about $1.3 billion to $1.4 billion - sec filing‍​.  Full Article

Halliburton CEO says expect co's U.S. Land results to moderate in Q4 - conf call‍​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Halliburton Co ::Halliburton CEO says "Improving oil price outlook provides runway for us to increase our portfolio pricing as we go forward" - conf call‍​.Halliburton CEO says "Our fleet is sold out for the remainder of the year and into 2018" - conf call‍​.Halliburton CEO says the oil and gas industry will largely remain in a range-bound commodity price environment in the near to medium term - conf call‍​.Halliburton CFO says "we expect our U.S. Land results to moderate" in Q4 due to holidays, lower efficiency levels experienced in winter months - conf call‍​.Halliburton CFO says in drilling and evaluation division, expect north america revenue to change in line with average U.S. Land rig count - conf call‍​.Halliburton CFO says Q4 drilling and evaluation division to see international revenue increase by low single digits - conf call .Halliburton CFO says for completion and production division, expect north america revenue to outperform average change in U.S. Land rig counts by several hundred basis points in Q4 - conf call.Halliburton CFO says Q4 completion and production division to see international revenue increase by low single digits - conf call.Halliburton CEO says pricing pressure to persist, likely offset a lot of gains from activity in international markets, particularly going into 2018 - conf call.  Full Article

Halliburton qtrly ‍posts Q3 income from continuing operations of $0.42 per diluted share​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Halliburton Co :Halliburton Co qtrly ‍income from continuing operations of $0.42 per diluted share​.Halliburton Co - ‍Drilling and evaluation revenue in Q3 of 2017 was $1.9 billion, an increase of $82 million, or 4%, from Q2 of 2017​.Halliburton Co - Qtrly ‍total company revenue was $5.4 billion, representing a 10% increase compared to Q2 of this year​.Halliburton Co - "‍Outside North America, our conservative outlook for last several quarters is proving accurate​".Halliburton Co - ‍Completion and production revenue in Q3 of 2017 was $3.5 billion, an increase of $405 million, or 13%, from Q2 of 2017​.Halliburton Co - ‍International revenue in Q3 of 2017 was $2.3 billion, a 4% increase sequentially​.Q3 earnings per share view $0.37, revenue view $5.35 billion -- Thomson Reuters I/B/E/S.Halliburton Co - ‍"Our international business proved resilient in a challenging environment​" in the quarter.Halliburton - ‍Qtrly operating income was driven by strengthening conditions in North America & improvement in drilling & evaluation product lines​.  Full Article

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