Sentiment Trading

Halliburton Co., a leading energy equipment and services company, faces challenges from rising tungsten prices, which could impact its clients’ drilling activities and ultimately affect the company’s financial performance.

Halliburton Co. reported a significant decline in profits and revenue in the second quarter of 2025, citing weakened demand in North America and the Middle East due to trade war uncertainties and a broader decline in oil demand.

Halliburton Co.’s stock price has shown resilience in a volatile market, increasing by 4.72% to €19.89 on June 13, 2025, despite broader market challenges and geopolitical tensions.

Halliburton Co. has expanded its operations in the UK North Sea with a five-year contract with Repsol Resources UK, aiming to optimize the region’s remaining oil and gas potential.

Halliburton Co. has unveiled the EarthStar 3DX, a groundbreaking 3D drilling technology that allows operators to view up to 50 feet ahead of the drill bit in horizontal wells, marking a significant advancement in the energy sector.