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Halliburton Company is an American multinational corporation and the world's second-largest oil service company which is responsible for most of the world's fracking operations. [6] It employs approximately 55,000 people through its hundreds of subsidiaries, affiliates, branches, brands, and divisions in more than 70 countries.
In 2001, Halliburton was forced to settle the asbestos lawsuits that it acquired including the landmark case Bell v. Dresser Industries [16] as a result of purchasing Dresser, causing the company's stock price to fall by eighty percent in just over a year. [17]
Schlumberger is up 43% year-to-date, while Halliburton is only up 24% year-to-date and it trades at a two-multiple-point discount to the former, Link said Wednesday on CNBC's "Squawk Box."
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North America's leader in oil services for shale drilling had quite the up-and-down year. Can we expect more of the same? 3 Questions for Halliburton's Stock in 2019
These risks are discussed in Halliburton's Form 10-K for the year ended December 31, 2023; Form 10-Q for the quarter ended June 30, 2024; recent current reports on Form 8-K; and other Securities ...
As of October 16, 2003, KBR had performed nearly $1.6 billion worth of work. In the meantime, KBR has subcontracted with two companies to work on the project: Boots & Coots, an oil field emergency response firm that Halliburton works in partnership with (CEO Jerry L. Winchester was a former Halliburton manager) and Wild Well Control. Both firms ...
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