Oil drilling and fracking giant Halliburton said it has shut down some of its internal systems following a cyberattack earlier this week.
Halliburton (HAL) states that the cyberattack seemingly affected business operations at its north Houston campus. The company is working with leading external agents to resolve the issues.
Oilfield services firm Halliburton said on Friday that an unauthorized third party had gained access to certain of its systems.
Top US oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter.
Halliburton (HAL) secures a multi-year contract with Petrobras for a full range of offshore well services in Brazil, starting from the second quarter of 2025.
Halliburton (HAL) anticipates a 6% to 8% decline in full-year North America revenues from 2023 due to continued lower rig counts and service activity levels.
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Energy stocks soared in 2022 as prices rose with a rapid rise in demand after COVID lockdowns were lifted and supply shocks due to the Ukrainian war. However, they have since declined, suffering a big blow in 2023 when energy prices remained flat.
Both Halliburton (HAL) and SLB (SLB) look forward to solid momentum in international markets during the second half of the year.
Shares of Halliburton Company HAL were tanking in early trading on Monday, after the company reported its second-quarter results.