$HAL (Halliburton Company)

$HAL {{ '2015-10-19T14:06:40+0000' | timeago}} • Webcast

$HAL's tax rate for the quarter came in a bit higher at 29% due to foreign currency hedging program gains. $HAL expect effecting tax rate to be approx. 26-27% for the fourth quarter. $HAL is reducing CapEx guidance by an additional $200MM to $2.4Bil for the year, representing a 27% YoverY decline given the decline in activity levels.

$HAL {{ '2017-07-24T18:41:53+0000' | timeago}} • Webcast

In 3Q17, in the Completion and Production division, $HAL expects North America sequential revenue to outperform average US land rig count and international revenue to be flat. Margins are expected to increase by 225-325 BP. In the Drilling and Evaluation division, it anticipates North America revenue to be in line with average US land rig count.

$HAL {{ '2017-07-24T18:19:05+0000' | timeago}} • Webcast

$HAL said it expects improvement in activity in the international markets in 2H17, though these improvements may not offset the continued pricing pressures. "As a result, the international markets will continue to move sideways," the company said.

$HAL {{ '2017-07-24T12:48:06+0000' | timeago}} • Infographic

$HAL Halliburton Company Earnings AlphaGraphics: Q2 2017 highlights

$HAL {{ '2017-07-24T11:34:04+0000' | timeago}} • Announcement

In 2Q17, $HAL's Completion and Production revenue was $3.1Bil, up 48%, helped by improved pressure pumping utilization and pricing in the US land market. Drilling and Evaluation revenue grew 6% to $1.8Bil due to higher drilling activity in North America, Latin America, North Sea, and Russia.

$HAL {{ '2017-07-24T11:28:45+0000' | timeago}} • Announcement

$HAL's North America revenue in 2Q17 soared 82%YoY to $2.8Bil, due to increased utilization and pricing throughout the US land sector. Meanwhile, International revenue slipped 5.7% to $2.2Bil, weighed down by Europe/Africa/CIS region.

$HAL {{ '2017-07-24T11:19:44+0000' | timeago}} • Announcement

$HAL, one of the largest oil field service companies, reported 29% growth in total revenue in 2Q17 to $5Bil, primarily driven by continued strengthening of market conditions in North America. This also helped the company cut down the massive losses it incurred in 2Q16 of $3.2Bil, or $3.73 per share. Net income in 2Q17 was $28MM, or $0.03 per share.

$HAL {{ '2017-07-05T12:06:21+0000' | timeago}} • Announcement

$HAL acquired Summit ESP, a provider of electric submersible pump (ESP) technology and services. No other terms were disclosed.

$HAL {{ '2017-06-12T20:51:01+0000' | timeago}} • Announcement

$HAL announced the appointment of Christopher Weber as EVP and CFO effective June 22, 2017. Mr. Weber joins $HAL from Parker Drilling Company, where he served as SVP and CFO. He has also previously worked with Ensco plc.

$HAL {{ '2017-05-18T21:48:45+0000' | timeago}} • Announcement

$HAL BoD declared a 2Q17 dividend of $0.18 a share on the company’s common stock payable June 28, 2017, to stockholders of record at the close of business on June 7, 2017.

$HAL {{ '2017-05-17T20:42:54+0000' | timeago}} • Announcement

$HAL BoD unanimously elected Jeff Miller, the company’s President and a Board member, to the position of President and CEO. Dave Lesar, who has led the company as Chairman and CEO since 2000, will continue serving the company as Executive Chairman. The leadership changes are effective June 1, 2017.

$HAL {{ '2017-04-28T15:54:28+0000' | timeago}} • Announcement

$HAL, Trendsetter Engineering and C-Innovations formed a strategic alliance to provide Gulf of Mexico (GOM) customers with technologically advanced, integrated offshore well intervention packages. The alliance leverages the companies' strengths to create subsea solutions for hydraulic interventions.

$HAL {{ '2017-04-24T16:32:29+0000' | timeago}} • Webcast

$HAL is positive about its position in Iraq and the success it has had with project management. It has been a launch pad for the company to move its model effectively to other parts of the Middle East and the world. The Middle East overall has been resilient and $HAL considers this to be an important part of its business.

$HAL {{ '2017-04-24T16:11:32+0000' | timeago}} • Webcast

$HAL stated that it is working on the supply chain constantly. The company believes that the short-term supply shortages that were generated by year-end 2016 activity should begin to abate moving through 2Q17. $HAL is seeing pricing improvement in every basin it works around North America along with progress in the legacy portfolio.

$HAL {{ '2017-04-24T15:59:12+0000' | timeago}} • Webcast

$HAL said North America is rapidly expanding. The margins have improved throughout 1Q17 and the exit incrementals for North America approximated as anticipated for the whole quarter. The company is pleased with the momentum seen going into 2Q17 and anticipates this momentum to continue throughout 2017.

$HAL {{ '2017-04-24T14:58:21+0000' | timeago}} • Infographic

$HAL Halliburton Company Earnings AlphaGraphics: Q1 2017 highlights

$HAL {{ '2017-04-24T11:23:52+0000' | timeago}} • Announcement

In 1Q17, Completion and Production revenue for $HAL was $2.60Bil, up 12%. Drilling and Evaluation revenue slumped 10% to $1.67Bil. Halliburton redeemed $1.4Bil of debt during the quarter, resulting in $104MM in costs for early extinguishment of debt. Total assets at quarter end were $24.8Bil vs. $27.0Bil at Dec. 31, 2016.

$HAL {{ '2017-04-24T11:17:07+0000' | timeago}} • Announcement

$HAL shrunk its 1Q17 attributable net loss to $32MM from the $2.41Bil loss a year ago. The diluted loss improved to $0.04 a share vs. last year's $2.81 loss per share. Total revenue inched 2% up to $4.28Bil. “First quarter revenue in North America increased 24% sequentially, significantly outperforming our largest peer," said President Jeff Miller.

$HAL {{ '2017-03-07T13:36:50+0000' | timeago}} • Announcement

$HAL announced that CFO Mark McCollum is leaving the company effective immediately to become the new CEO at $WFT. Executive VP and general counsel, Robb L. Voyles, was named interim CFO until a replacement is found. The company also promoted Lyn Beaty, the current SVP of Internal Assurance Services, to SVP of Finance.

$HAL {{ '2017-02-15T12:27:02+0000' | timeago}} • Announcement

$HAL to redeem the entire outstanding principal amount of its 5.90% Senior Notes due September 2018 and 6.15% Senior Notes due September 2019. The redemption date for the Notes is March 15, 2017. The aggregate principal amount of the Notes outstanding is $1.4Bil.

$HAL {{ '2017-02-09T12:56:04+0000' | timeago}} • Announcement

$HAL's BoD declared 1Q17 dividend of $0.18 per share on its common stock. The dividend is payable on March 22, 2017, to shareholders of record at the close of business on March 1, 2017.

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