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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."
Halliburton invented the revolutionary cement jet mixer, to eliminate hand-mixing of cement, and the measuring line, a tool used to guarantee cementing accuracy. [21] By 1922, the Halliburton Oil Well Cementing Company (HOWCO) was prospering from the Mexia, Texas oil boom, having cemented its 500th well in late summer. [22]
Despite constant attempts by analysts and the media to complicate the basics of investing, there are only three ways a stock can create value for shareholders: Dividends. Earnings growth. Changes ...
The stock market was mixed on Wednesday morning.
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
In 1919, based on this new method, Halliburton started Duncan's New Method Oil Well Cementing Company. By 1922, the company was operating as the Halliburton Oil Well Cementing Company. On July 5, 1961, it became known as the Halliburton Company. Halliburton also founded Southwest Air Fast Express, which was later acquired by American Airlines. [3]
In 1998, Dresser merged with its main rival Halliburton. [1] Halliburton sold many of former Dresser non "oil patch" divisions, retaining the M W Kellogg Engineering and Construction Company and the Dresser oil-patch products and services that complemented Halliburton's energy and natural resource businesses. In 2001 Halliburton sold five ...
Strong activity in international markets helped the Houston-based oilfield services provider gift investors an estimate-beating quarter.