Halliburton (HAL 0.07%) is currently one of the biggest oilfield services companies in the world. This is a company that provides support equipment and services not only to the companies currently drilling in some of the hottest oil-rich areas in the United States, but also in many countries around the world. In the time of an oil boom like the U.S. is currently experiencing, the efficiency of the equipment and services these companies provide is key for an oil producer to beat its competition. In this video, Motley Fool energy analyst Taylor Muckerman gives us a few examples of just how essential that efficiency is.
Cost and Efficiency Will Be Key for Halliburton and Peers
By Taylor Muckerman and Joel South – Dec 23, 2012 at 12:00PM
NYSE: HAL
Halliburton
Market Cap
$23B
Today's Change
(-0.07%) $0.02
Current Price
$26.94
Price as of October 31, 2025 at 11:56 AM ET
As competition ramps up among oil-rich basin competitors, it will come down to the efficiency each company can drill and produce with. That's where Halliburton comes in.
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.