Halliburton Co. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / April 21, 2021 / Halliburton Co. (NYSE:HAL) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 21, 2021 at 9:00 AM Eastern Time.
Halliburton Announces First Quarter 2021 Results
Halliburton Company (NYSE: HAL) announced today net income of $170 million, or $0.19 per diluted share, for the first quarter of 2021. This compares to a net loss for the fourth quarter of 2020 of $235 million, or $0.27 per diluted share, as well as adjusted net income for the fourth quarter of 2020, excluding impairments and other charges, of $160 million, or $0.18 per diluted share. Reported operating income was $370 million in the first quarter of 2021 compared to reported operating loss of $96 million and adjusted operating income of $350 million in the fourth quarter of 2020, excluding impairments and other charges.
U.S. Well Services, Inc. files suit against Halliburton Company and Cimarex Energy Co. for patent infringement
, /PRNewswire/ -- U.S. Well Services, Inc. (Nasdaq: USWS) today announced it has filed suit in District Court for the Western District of - Waco Division for patent infringement against Halliburton Company (NYSE: HAL) and Cimarex Energy Co. (NYSE: XEC). The original complaint alleges infringement of multiple U.S. Well Services patents. The alleged infringements are related to U.S. Well Services patents covering "Systems for Pumping Hydraulic Fracturing Fluid using Electric Pumps", "Electric Powered Pump Down", "Systems for Centralized Monitoring and Control of Electric Powered Hydraulic Fracturing Fleet" as well as 4 other related patents. U.S. Well Services currently has a portfolio of 42 patents granted, 4 patents allowed, and 185 patents pending.
Halliburton to Provide Petroleum Data Management Platform for Norwegian Petroleum Directorate
Halliburton Company (NYSE: HAL) today announced it signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry.
Halliburton and Optime Subsea Form Global Alliance
Halliburton Company (NYSE: HAL) and Optime Subsea today announced they formed a global strategic alliance to apply Optime's innovative Remotely Operated Controls System (ROCS) to Halliburton's completion landing string services. The companies will also collaborate and offer intervention and workover control system services leveraging Optime's Subsea Controls and Intervention Light System (SCILS) technology, a remote digital enabled system that compliments Halliburton's subsea intervention expertise.
Halliburton Gives Major Operator Real-Time Automated Control of Fracture Placement
Halliburton Company (NYSE: HAL) today announced it successfully delivered real-time control of fracture placement while pumping on a multi-well pad using the SmartFleet(TM) intelligent fracturing system in the Permian Basin.
Halliburton Labs Opens Second Application Round
Halliburton Labs today announced that it has opened the application process for early stage clean energy companies interested in joining its accelerator program. The application deadline is April 23, 2021.
Halliburton Co Has Returned 10.9% Since SmarTrend Recommendation (HAL)
SmarTrend identified an Uptrend for Halliburton Co (NYSE:HAL) on February 16th, 2021 at $20.63. In approximately 4 weeks, Halliburton Co has returned 10.86% as of today's recent price of $22.87.
Halliburton Awards Multimillion Dollar Grant to Malaysian University
Halliburton Company (NYSE: HAL) today announced it awarded a multimillion dollar software grant to Universiti Teknologi PETRONAS (UTP) to support the education and development of students pursuing careers in the oil and gas industry. The three-year donation provides access to Halliburton Landmark's DecisionSpace(R) suite of exploration and production software so students can bridge the gap between academic coursework and practical application.
Halliburton 2021 First Quarter Conference Call
Halliburton Company (NYSE: HAL) will host a conference call on Wednesday, April 21, 2021, to discuss its first quarter 2021 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).