2022.01.10 15:46

Why halliburton

Collaboration We work together with customers and understand that everyone has a role in providing the best solution. Competition We compete to win. We know that competition makes everyone stronger. Creativity We are resourceful. Reliability We deliver what we promise. We believe the quality of our service defines who we are. Respect We value diversity and equality. A global presence to meet our customers wherever they are.

Experience to lead Our dedicated executives have the knowledge and experience to deliver successful results. Dedication to sustainability principles How our strategy for sustainability serves as the cornerstone of our operations and our future. About Us.

Who Is the Motley Fool? Fool Podcasts. New Ventures. Search Search:. Jul 7, at AM. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow matthewdilallo. Image source: Getty Images. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

The company reported earnings of 5 cents per share. The Zacks Consensus Estimate was of a loss of 11 cents per share. The direction of estimate revisions serves as a key indicator of stock movement. This Houston, TX-based company has a decent surprise record. Its earnings surpassed the Zacks Consensus Estimate in three of the preceding four quarters and met the mark on one occasion, the average beat being Halliburton enjoys strong relationships with the national oil companies worldwide that boast long-term prospects.

Moreover, a sizeable proportion of its international projects that lies offshore and has been sanctioned over the past few years is difficult to get rid of suddenly. Together with TechnipFMC, Halliburton recently announced the launch of Odassea, the first distributed acoustic sensing solution for subsea wells. It also collaborated with Microsoft and Accenture in a five-year agreement to enhance its digital capabilities. Further, the company embarked on a policy of transition to replace its physical site equipment with software solutions.

Even as the company relentlessly battles against a challenging business landscape in North America, it is looking to boost free cash flow generation and improve returns. This industry player maintains an efficient North America service delivery improvement strategy, a prudent capital management policy and a responsible and competent team. Importantly, Halliburton will not only gain traction from its key concerted efforts but also continue to monitor the commodity price movement, further adjusting itself to the revised capex plans in response to a volatile price scenario.

Some other top-ranked stocks in the energy space are Royal Dutch Shell plc. It could become the mother of all technological revolutions. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in These choices will be signaled globally to our partners and will not affect browsing data.

We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Business Company Profiles. Table of Contents Expand. Haliburton: A Brief History.

Acquisition Strategy. Sperry Drilling. Key Takeaways Halliburton is an energy equipment and services company with a long history of acquisitions. The company currently has roughly 30 subsidiaries and 14 product service lines.

Three important subsidiaries include Baroids, Landmark, and Sperry Drilling. Haliburton acquired Athlon in for an undisclosed sum to develop its reactive chemistry capabilities. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.