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Halliburton Co (HAL)

HAL on New York Consolidated

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8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Aker BP in rig deals with Maersk, Odfjell, Halliburton‍​
Tuesday, 21 Nov 2017 01:29am EST 

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 01:13am EST 

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 05:15pm EDT 

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 03:02pm EDT 

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 06:13pm EDT 

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 09:39am EDT 

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 10:00am EDT 

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 06:50am EDT 

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

Halliburton co - currently sees FY 2016 capital expenditures to be about $850 mln
Monday, 1 Aug 2016 09:30am EDT 

Halliburton Co :Capital spending for fy 2016 is currently expected to be about $850 million, reduction of over 60% from $2.2 billion of capital expenditures in 2015.  Full Article

S&P downgrades Halliburton to 'BBB+' on difficult industry conditions
Friday, 29 Jul 2016 02:19pm EDT 

S&P Global Ratings:Halliburton co downgraded to 'BBB+' on difficult industry conditions; outlook stable.  Full Article

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