- Eying business growth Halliburton (HAL) has been focused on three main oil service market sections. Mature fields, conventional plays and deepwater were responsible for almost 60% of the firm’s revenue.
- Recorded a CAGR of nearly 31% in the past two years. The company expects that the business will continue to outperform the market by almost 25% in the following years.
- The company recently announced that it has reached a settlement deal with plaintiffs, worth almost $1.1 billion. The settlement is for the Gulf of Mexico oil spill in 2010.