Halliburton employees 2010-2023
Halliburton is an oil service provider and employer to some 48,000 people as of 2023. Between 2014 and 2021, when high oil prices saw many within the global oil industry record their greatest ever profits, Halliburton cut its workforce by over 40 percent.
Background on Halliburton
Halliburton is a U.S. multinational corporation founded in 1919. Headquartered in both Houston, Texas, and Dubai, it is one of the largest oil field service companies in the world. Its origins lie in the New Method Oil Well Cementing Company. Throughout the 20th century, Halliburton continuously expanded its operations throughout the United States. The company is now focused on services in the energy industry that correspond with the exploration, production, and processing of gas and oil. Halliburton operates in over 70 countries worldwide.
Halliburton's financial performance
As one of the leading oil service providers in the world, Halliburton's financial performance largely mirrors the overall health of the oil and gas industry. Halliburton's revenue surpassed 23 billion U.S. dollars in 2023, the highest annual revenue since 2018. A similar trend was noted for Halliburton's net income.
