Company description

Halliburton (HAL) is a multinational corporation that provides products and services to the energy industry. Founded in 1919 and headquartered in Houston, Texas, the company operates in over 80 countries and employs more than 55,000 people. HAL's primary business segments include Completion and Production, Drilling and Evaluation, and Digital Solutions. Their Completion and Production segment offers cementing, stimulation, completion tools, and artificial lift services, while the Drilling and Evaluation segment specializes in drilling services, wireline and perforating, testing and subsea, and drilling and completions fluids. HAL also provides digital solutions to increase efficiency and productivity in the oil and gas industry through its Digital Solutions segment. The company has a strong commitment to safety, sustainability, and innovation, investing in research and development to provide cutting-edge technology to its customers. HAL has faced challenges in recent years due to the decrease in oil prices and the COVID-19 pandemic, but the company has shown resilience and continues to strive towards growth and success in the energy sector.