The dominant North American oil field services provider told investors April 22 on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter.
April 22, 2025fracking News Updates
Tariffs Hit Halliburton’s Core Fracking Business
Trump Plans Immediate Energy Push After Inauguration
U.S. President-elect Donald Trump is poised to order changes meant to encourage domestic oil and gas development immediately after his Jan. 20 inauguration.
December 17, 2024Oil Glut Set to Thwart Trump’s Call to ‘Frack, Frack, Frack’
President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production.
November 19, 2024Shale Oil ‘Fracklog’ Resumes Expansion After Yearlong Hiatus
Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.
April 15, 2024Exxon Works to Improve Fracking Methods
Exxon Mobil Corp. is betting that a better way to frack will double the amount of oil it can pump from shale fields.
June 1, 2023Oil Explorers Are Fracking at Breakneck Pace, Fueling Inflation
Shale oil companies are using almost all of the fracking equipment and crews available as exploration expands, accelerating cost inflation and pointing to worsening supply chain disruptions across the industry.
January 24, 2022California Lawmakers Propose Ban on Fracking by 2027
SACRAMENTO, Calif. — New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in a state already planning to ban the sale of new gas-powered cars by 2035.
February 17, 2021World’s Biggest Fracker Halliburton Sees Signs of Rebirth as Slump Ebbs
Halliburton Co. expects the rout in North American shale to peter out after history’s worst crude crash decimated many of its customers.
October 19, 2020Shale Loses Another Global Giant After Schlumberger’s Frack Sale
Schlumberger has become the biggest oil service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.
September 1, 2020Halliburton Rises on ‘Outstanding’ Cuts After Frack Slump
Halliburton Co. impressed investors by slashing costs more than expected as the fracking behemoth works its way through an historic shale bust. The shares surged more than 8%.
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