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Halliburton Company (NYSE: HAL) today announced it immediately suspended future business in Russia as the Company complies with sanctions that prohibit transactions and work, including for certain state-owned Russian customers. Halliburton will prioritize safety and reliability ...
Chemergy, EVA, and Novamera join the industrial scaling program Halliburton Labs today announced its next group of companies selected to participate in its collaborative environment to advance and scale cleaner, affordable energy. Chemergy, EVA, and Novamera will rec...
Investors are looking for companies that gain in times of war. Halliburton Company ( NYSE:HAL ) is among the entities whose shares gain under such circumstances. True to this observation, the share price of HAL is at $36 and rising. Halliburton is an industrial complex charged w...
U.S. stock futures struggled for direction Tuesday as investors continue to monitor developments in the Russia-Ukraine conflict along with a fresh Covid-19 spike in China. Futures for the Dow Jones Industrials gained 140 points, or 0.4%, to 32,978. Futures for the S&P 500 in...
A report released by the Department of Energy Monday showed "drilled but uncompleted" wells fell by 156 from January to February. The measure is an indication of well inventory for the industry; once inventory becomes sufficiently low, producers will need to accelerate drilling to keep up wit...
Given the hit to supply from sanctions on Russia, domestic crude producers like Continental Resources and Diamondback Energy are uniquely positioned to benefit from higher WTI crude prices. Harold Hamm purchased $20 million of Continental Resources last week. Other interesting ins...
The S&P energy sector (NYSEARCA:XLE) rose 2% this week even as U.S. benchmark crude oil posted its first weekly loss since Russia invaded Ukraine, capping a week of volatile trading that isn't likely to let up soon. WTI front-month crude (CL1:COM) closed Friday +3.1% but ended with a 5.5%...
Energy stocks (XLE -3.1%) comprise Wednesday's five biggest losers on the S&P 500, as crude futures plunged by the most since November after the United Arab Emirates and Iraq signaled OPEC may have greater willingness to raise production, as well as hopes for a de-escalation of the Russia...
iEnergy ® Stack enables digital transformation to reduce total cost of ownership Halliburton Company (NYSE: HAL) today announced that Petrobel, a joint venture between ENI and the Egyptian General Petroleum Corporation, awarded a contract to deploy iEnergy ® ...
The Ukraine and Russian situation creates substantial uncertainties in the global energy market. Investors will need to know its different impacts on different energy segments and stocks to navigate the investing landscape. Integrated players with an emphasis on production, such a...
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