Opinion: No, Halliburton’s world isn’t really ending


The phrase “temporary efficiency drags will create headwinds for additional upward pricing in the third quarter” may cause your eyes to glaze over. For shareholders of Halliburton Co. — whose CEO uttered those unfortunate words on Monday — it induced sudden nausea. The stock collapsed 8 percent, its biggest one-day drop since November 2014, when OPEC’s surprise decision to keep pumping sent oil into a tailspin.


Halliburton reports strong second quarter profit


Halliburton Co. reported strong second quarter profits as rising crude oil prices continued to boost drilling activity in West Texas and elsewhere, driving higher demand for hydraulic fracturing equipment and other oil field technology.


Halliburton CEO bullish on oil’s long-term future


The chief executive of Halliburton has touted the Houston energy sector’s rebound from the recent oil bust and the brightening outlook for the industry, predicting that the world will continue to rely on oil and gas for many decades to come.


CEO pay towers over median salary of workers


Before his departure in January, John Watson steered Chevron through a painful oil-market crash, maneuvered billions to turn the fertile Permian Basin into an oil-pumping machine, and drove stock-market returns three times higher than its larger rival Exxon Mobil as oil prices climbed up from rock bottom.


Halliburton swings to profit despite Venezuela write down


Halliburton Co. swung to a profit in the first quarter as rising crude prices bolstered demand for hydraulic fracturing equipment and other oil field technology, though executives noted the impact of supply line constraints.