Halliburton

Halliburton

Provides services for oil and gas industry

About

Halliburton provides a range of services and products to the oil and gas industry, helping clients maximize their energy resources. The company supports the entire lifecycle of oil and gas reservoirs, including locating hydrocarbons, drilling, and optimizing production. Halliburton distinguishes itself from competitors by focusing on sustainability and investing in new technologies to improve efficiency and reduce environmental impact. The company's goal is to be a leader in the energy sector by enhancing the productivity of oil and gas operations worldwide.

Company Stage

IPO

Employees

10,001+

Industries

Energy

Total Funding

N/A

Headquarters

Houston, Texas

Founded

1919


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Simplify's Take

What believers are saying

  • Expansion in Namibia boosts Halliburton's presence in emerging African markets.
  • CorrosaLock cement system strengthens Halliburton's CCUS portfolio for climate goals.
  • Collaboration with Wintershall Dea enhances reservoir management and client satisfaction.

What critics are saying

  • Geothermal energy competition may challenge Halliburton's market share.
  • Leadership changes could disrupt strategic direction temporarily.
  • Namibia expansion exposes Halliburton to geopolitical and regulatory risks.

What makes Halliburton unique

  • Halliburton's GeoESP pumps target the growing geothermal energy market.
  • TrueSync hybrid motors enhance efficiency in electric submersible pump operations.
  • Unified Ensemble Modeling improves reservoir management with advanced data integration.

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