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Halliburton Company today announced it has successfully deployed the industry’s first electric grid-powered fracturing operation. The job, being performed on several pads for Cimarex Energy Co. in the Permian basin, started in November.
Halliburton today announced the establishment of a new $1 million Halliburton Business and Engineering Scholarship Fund at Prairie View A&M University (PVAMU). Scholarships will be awarded to eligible junior and/or senior students majoring in Accounting, Management Information Systems, Finance and Engineering.
Halliburton Company has named Van H. Beckwith executive vice president, secretary and chief legal officer. Beckwith succeeds Robb Voyles who is stepping down after seven years with the Company. With this new role, Beckwith joins the Halliburton Executive Committee and assumes leadership of the Company’s Law Department, Global Communications & Marketing and Government Affairs.
Halliburton Company announced today a net loss of $235 million, or $0.27 per diluted share, for the fourth quarter of 2020. This compares to a net loss for the third quarter of 2020 of $17 million, or $0.02 per diluted share. Adjusted net income for the fourth quarter of 2020, excluding impairments and other charges, was $160 million, or $0.18 per diluted share.
Halliburton Company announced today that its board of directors has declared a 2020 third quarter dividend of four and one-half cents ($0.045) a share on the Company’s common stock payable on September 23, 2020, to shareholders of record at the close of business on September 2, 2020.