halliburton co (HAL:New York)
halliburton co (HAL) Snapshot
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Open
$44.63
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Previous Close
$43.85
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Day High
$45.25
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Day Low
$44.41
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52 Week High
05/17/13 - $45.25
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52 Week Low
06/26/12 - $26.28
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Market Cap
42.1B
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Average Volume 10 Days
9.0M
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EPS TTM
$2.77
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Shares Outstanding
931.0M
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EX-Date
06/3/13
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P/E TM
16.3x
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Dividend
$0.50
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Dividend Yield
0.87%
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halliburton co (HAL) Related Businessweek News
halliburton co (HAL) Details
Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas. The company operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services, including stimulation services and sand control services; and cementing services comprising bonding the well and well casing, and casing equipment. It also offers completion tools that provide downhole solutions and services, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems, and service tools. This segment also provides well intervention services, pressure control, equipment rental tools and services, and pipeline and process services; and oilfield production and completion chemicals and services that address production, processing, and transportation operations. The Drilling and Evaluation segment offers drill bits and services, including roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services; wireline and perforating services, such as open-hole logging, cased-hole and slickline, borehole seismic, and formation and reservoir solutions; and testing and subsea services comprising acquisition and analysis of reservoir information and optimization solutions. This segment also provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; drilling systems and services; integrated exploration, drilling, and production software, as well as related professional and data management services; and oilfield project management and integrated solutions. Halliburton Company serves oil and gas companies worldwide. The company was founded in 1919 and is based in Houston, Texas.
halliburton co (HAL) Top Compensated Officers
halliburton co (HAL) Key Developments
Halliburton Company announced that its board declared a 2013 second quarter dividend of $0.125 a share on the company's common stock payable June 26, 2013, to stockholders of record at the close of business on June 5, 2013.
Several coalitions of Mexican fishermen are suing BP plc, Transocean Ltd. and Halliburton Company, seeking unspecified damages over the 2010 oil spill in the Gulf of Mexico. The lawsuit, filed in federal court in San Antonio, seeks compensatory and punitive damages against the companies for alleged negligence and missteps that led to a fire and explosion at the Macondo well. According to the suit, the defendants failed to properly maintain and operate the Deepwater Horizon oil exploration rig; disregarded safety and integrity to save time and money; ignored warnings that the integrity of the well, cementing patchwork repairs, and the Deepwater Horizon were in jeopardy; failed to make sure the Deepwater Horizon and its equipment were free of defects or that it was properly maintained; did not enforce proper rules and regulations; failed to provide appropriate disaster prevention equipment; and failed to have an appropriate emergency spill response plan or readily available spill response equipment. The suit was filed by San Antonio lawyer Enrique Serna, who three years ago filed similar negligence lawsuits here on behalf of the Mexican states of Tamaulipas, Veracruz and Quintana Roo. The first part of a trial last month in New Orleans involving BP and its drilling partners established that BP held the lease on the Macondo well and oversaw drilling operations on the rig. Transocean owned the rig and supplied both the rig and the crew to BP, and Halliburton was hired by BP to pour the cement that was supposed to temporarily plug the ill-fated well before it was developed for production. Eleven workers were killed in the deadly catastrophe, which led to one of the worst environmental disasters in the nation's history. The trial's second phase, scheduled to begin Sept. 16, will focus on key issues that arose during the 150 days between the sinking of the Deepwater Horizon rig and Sept. 19, 2010, the day the well was sealed.
Halliburton announced the successful completion of three wells in the Deep Water Gulf of Mexico utilizing Halliburton's Enhanced Single-Trip Multizone (ESTMZ(TM)) FracPac(TM) System. ESTMZ(TM) downhole tool system enables the operator to stimulate and gravel pack multiple production zones in a single trip. Designed for use in Dee Water and Ultra-Deep Water offshore completions, the ESTMZ(TM) system allows the higher treating rate with the greater volume of proppant in the industry. Halliburton developed the multi-zone completion technology in collaboration with Chevron U.S.A. Inc. The two companies conducted numerous system integration tests and two field trials to prove the technology The time savings realized for each of the three Chevron-operated wells completed with the ESTMZ(TM) system averaged 18 days, equating to approximately $22 million. Providing wellbore assurance through various critical operations such as wellbore cleanout, completion services, pumping and fluids also contributed to the success of these three wells. This integrated approach in planning and execution mitigated risks while promoting efficiency and providing an optimal conduit for the reservoir to flow. The proven reliability of Halliburton's ESTMZ(TM) tool system and the continual evolution of these smart technologies are critical to the changing landscape in the Gulf of Mexico. To date, Halliburton has successfully deployed nearly 20 ESTMZ(TM) systems around the globe including the Asia Pacific region.
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Industry Analysis
HAL
Industry Average
| Valuation | HAL | Industry Range |
| Price/Earnings | 21.1x |
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| Price/Sales | 1.4x |
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| Price/Book | 2.6x |
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| Price/Cash Flow | 20.5x |
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| TEV/Sales | 1.2x |
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Post a JobJobs
- Houston, TX | HalliburtonPosted: May 18
- Moro, OR | HalliburtonPosted: May 19
- Canonsburg, PA | HalliburtonPosted: May 17
- Grand Junction, CO | HalliburtonPosted: May 17
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