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Halliburton Reviews

Houston, Texas

4.7/ 5

3 reviews

Halliburton Company is an American multinational corporation and one of the world's largest oilfield services companies. Founded in 1919 by Erle P. Halliburton as the New Method Oil Well Cementing Company, it began in Duncan, Oklahoma, and has grown into a global leader in providing products and services to the energy industry. Today, Halliburton operates in more than 70 countries, representing over 130 nationalities with a global workforce of tens of thousands of employees. The company maintains dual headquarters located in Houston, Texas, and Dubai, United Arab Emirates, and remains incorporated in the United States. It is publicly traded on the New York Stock Exchange under the ticker symbol HAL. The company's core operations are divided into two primary business segments: Completion and Production, and Drilling and Evaluation. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, artificial lift, and completion tools and services. This vertical focuses on optimizing production and ensuring wellbore integrity, including hydraulic fracturing operations. The Drilling and Evaluation segment provides directional drilling, fluids and specialty chemicals, wireline and perforating, drill bits, field and reservoir modeling, and precise wellbore placement solutions. These technologies enable energy operators to model, measure, and optimize their well construction activities. Halliburton serves upstream oil and natural gas customers throughout the entire life cycle of an asset. In addition to traditional oilfield services, the company has expanded its portfolio into digital transformation and sustainable energy solutions. Through digital initiatives, Halliburton offers cloud-native capabilities, real-time automated monitoring systems, and advanced data analytics software—often collaborating with major technology firms like Microsoft and Accenture—to reduce nonproductive time and streamline field operations. In alignment with shifting global energy trends, Halliburton is actively investing in technologies for carbon capture and storage (CCS), permanent downhole monitoring tools, and environmental management solutions to support a lower-carbon future. Financially, Halliburton is a major revenue-generating entity in the energy sector. For the fiscal year 2025, the corporation reported total revenue of approximately $22.18 billion. The company continues to sustain its market position through strategic acquisitions, such as the purchase of InformatiQ to boost cloud software capabilities and Sekal AS to accelerate drilling automation. Led by Jeff Miller, who serves as Chairman, President, and Chief Executive Officer, Halliburton focuses on its core values of safety, collaboration, integrity, and reliability to maximize asset value for global operators while navigating commodity price volatility and evolving international regulatory frameworks.