Halliburton Net Worth (Updated 2025).

Halliburton, a name synonymous with the oil and gas industry, was founded in 1919 by Erle P. Halliburton, an innovative and ambitious young engineer. The company’s inception was marked by Halliburton’s invention of the first mobile drilling unit, revolutionizing the way oil was extracted from the earth. This groundbreaking technology allowed drilling to occur in remote locations, significantly expanding the industry’s potential.

The company’s fame began to grow in the 1930s and 1940s, as Halliburton’s innovative spirit led to the development of new drilling techniques and tools. The company’s reputation for excellence and innovation was further solidified during World War II, when Halliburton played a crucial role in the war effort by providing essential drilling services to the U.S. military. This period laid the groundwork for Halliburton’s future as a global leader in the energy industry.

Halliburton’s Current Net Worth (2025)

As of 2025, Halliburton’s current net worth is estimated to be around $35 billion, according to the latest available information. This figure reflects the company’s significant presence in the global energy industry.

Career

Founded in 1919, Halliburton has grown to become one of the world’s largest providers of products and services to the energy industry. The company specializes in drilling and production services, and its clients include major oil and gas companies worldwide.

Other Ventures

In addition to its core operations, Halliburton has diversified into other ventures. These include a joint venture with Baker Hughes, a leading provider of oilfield services, products, and technology. Halliburton also offers engineering and construction services for various industries.

Assets

Halliburton’s extensive assets include a global network of manufacturing facilities, research and development centers, and a fleet of specialized drilling and construction equipment. The company also holds numerous patents and proprietary technologies in the energy sector.

Annual Income

Halliburton’s annual income has seen steady growth over the years. In 2021, the company’s total revenue was approximately $18.3 billion, reflecting its robust business operations and strong market position in the energy industry.

Frequently Asked Questions about  Halliburton

Frequently Asked Questions: Halliburton Net Worth

1. What is Halliburton’s net worth?

As of the latest estimates, Halliburton’s net worth is approximately $30 billion.

2. How does Halliburton generate its revenue?

Halliburton generates revenue through its two main business segments: Drilling and Evaluation, and Completion and Production. These segments provide a range of products and services to the oil and gas industry, including drilling fluids, cementing services, and artificial lift systems.

3. Who is the CEO of Halliburton?

The current CEO of Halliburton is Jeff Miller. He succeeded Dave Lesar in 2017.

4. When was Halliburton founded?

Halliburton was founded in 1919 by Erle P. Halliburton, an American entrepreneur.

5. Where is Halliburton’s headquarters located?

Halliburton’s headquarters is located in Houston, Texas, USA.

6. What are some of Halliburton’s notable acquisitions?

Some of Halliburton’s notable acquisitions include Dresser Industries in 1998, Landmark Graphics in 2000, and Baker Hughes in 2017 (although the latter was later divested due to regulatory issues).

7. Does Halliburton operate globally?

Yes, Halliburton operates in over 80 countries around the world.

8. What is Halliburton’s stock symbol?

Halliburton’s stock symbol is HAL on the New York Stock Exchange (NYSE).

9. How many employees does Halliburton have?

As of 2021, Halliburton employs approximately 38,000 people worldwide.

10. What is Halliburton’s mission statement?

Halliburton’s mission statement is: “Delivering the industry’s leading technologies, products, and services to help customers maximize their operating efficiency and achieve their sustainability goals.”