Stock Symbol: HAL
5 Houston Center
Halliburton Company Industry:
Oil Well Services & Equipment
Halliburton Company Description:
Halliburton, founded in 1919, is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments
Halliburton Company Financial Summary:
Halliburton Company provides a variety of services, equipment, maintenance and engineering, and construction to energy, industrial, and governmental customers. For the 6 months ended 6/30/05, revenues fell 4% to $10.1B. Net income from cont. ops. totalled $758M, up from $18M. Results reflect lower activity on government services projects in the Middle East, offset by higher operating efficiencies.
Halliburton Company Business Summary:
Halliburton Company is an oilfield services company, and a provider of engineering and construction services. The Company provides services, products, maintenance, engineering and construction to energy, industrial and governmental customers. Its six business segments are Production Optimization, Fluid Systems, Drilling and Formation Evaluation, Digital and Consulting Solutions, collectively the Energy Services Group, and Government and Infrastructure, and Energy and Chemicals, collectively known as KBR. In August 2004, the Company sold its surface well testing and sub-sea test tree operations to Power Well Service Holdings, LLC. In January 2005, the Company emerged out of the chapter 11 proceedings and can operate the businesses without Bankruptcy Court supervision.