My account

Trade Halliburton

1m
5m
15m
30m
1H
4H
1D
1W
Show more details
  • Full Name Halliburton
  • Currency USD
  • Spread Type Floating
  • Margin 10%
  • Min traded quantity 1
  • Stock exchangeUnited States of America
  • Long position overnight fee -0.0169%
  • Short position overnight fee -0.0054%
  • Overnight fee time 21:00 (UTC)
  • Derivative Type Contract for Difference
  • Trading hours (UTC)
    Mon - Fri: 13:30 - 20:00

Halliburton (HAL)

What is Halliburton?

Halliburton (HAL) is a U.S. multinational company that provides products and solutions for the energy industry. Founded in 1919, it serves clients that explore, develop and produce oil and natural gas throughout the lifecycle of a reservoir.

Halliburton’s structure includes 14 product service lines (PSLs) operating in two divisions: Drilling & Evaluation, and Completion & Production. The PSLs are responsible for strategy, technology development, process development, people development and capital allocation. A Consulting & Project Management PSL supports the two divisions and spearheads the company’s integrated services strategy.

Halliburton says its mission is: “To achieve superior growth and returns for our shareholders by delivering technology and services that improve efficiency, increase recovery, and maximise production for our customers.”

Who are the key people at Halliburton?

Jeff Miller has been President and Chief Executive Officer of Halliburton since June 2017. David J. Lesar is Executive Chairman, based in Dubai, and Christopher T. Weber is Executive Vice President and Chief Financial Officer.

What is the modern history of Halliburton?

The Halliburton Oil Well Cementing Company was founded by Erle P. Halliburton and incorporated in 1924. By 1946, the company had expanded into Colombia, Ecuador, Peru and the Middle East; this was followed by operations in Europe in the 1950s. In 1961 it changed its name to the Halliburton Company.

International expansion continued apace, and in 1986 Halliburton became the first American company to perform an oilfield service job in mainland China. Then in 1991 it opened a branch office in Moscow. Halliburton realigned its work into Eastern and Western Hemisphere operations in 2006, and introduced its current two divisions the following year.

What are the latest developments at Halliburton?

Halliburton performed well in 2017. In its full year results, the company reported total revenue of $20.6 billion, an increase of 30% from 2016. Reported operating income for 2017 was $1.4 billion, against a reported operating loss of $6.8 billion for 2016. Excluding special items, adjusted operating income for 2017 was $2.0 billion, a big improvement on the 2016 figure of $690 million.

President and CEO Jeff Miller said: “I am optimistic about what I see in 2018. Commodity prices are supportive of increasing activity in North America and I am encouraged by the increase in tender activity and the positive discussions we are having with our international customers.”

The Halliburton share pricehas proved rather volatile in recent years, suffering some sharp drops in Q4 2008, Q3 2011 and Q4 2014. After hitting an all-time high of over $73 in July 2014, the shares retreated and spent the next three years in a band between $30 and $60. They ended March 2018 at around $46. To find out how the shares are doing right now, follow Capital.com. Our HAL chartputs all the information at your fingertips.

Where does Halliburton operate?

Halliburton has dual headquarters in Houston and Dubai, and is incorporated in the United States. The company employs about 50,000 peopleand serves national and independent oil and natural gas companies in more than 70 countries around the world. It has major international offices in Canada, Mexico, Brazil, France, Germany, the U.K., Russia, China, India, Japan and Australia.

Where is Halliburton traded?

Halliburton’s shares are traded on the New York Stock Exchange (NYSE), and they are constituents of both the S&P 100 and S&P 500 indices. Check out Capital.com for the latest HAL chart. We’ll keep you up to date and in the picture.

Learn more

Start trading today

You might be interested in

Advantages of trading CFDs

CFDs allow you to benefit from all the price fluctuations of a product without ever having to own the product itself. Never worry about liquidity issues, or whether an exchange is down, by trading CFDs.

Smart Feed

Our revolutionary AI technology helps you be a better trader by highlighting if you’re trading with a bias.

Trade with ease

Our state of the art app is designed with you in mind providing great execution as standard. Personalise it so you can do everything you want instantly.

Tailored education

Investmate brings you personalised, up to date educational material on the go, to help you avoid biases, and become a better trader.

Negative balance protection

We focus on providing you with peace of mind. Negative balance protection ensures your losses will never exceed what’s in your account.

Commision-free deposits and withdrawals

We cover all the charges so you can keep more of your money to trade the markets

24/7 support

We’re here 24 hours a day for you. Anything that you need, we are here to solve