Halliburton (NYSE:HAL) is a multinational company that offers energy industry products and services, from data to production output. The company was founded in 1919 and has a long history with the energy industry. In fact, Halliburton was the first company to frack a well in the United States over 60 years ago.

Recently, current Halliburton COO and Executive VP Jeff Miller sat down with The Motley Fool's own Taylor Muckerman to discuss the energy industry. In part four of this five-part interview, Mr. Miller talks about the company's "Frack of the Future" initiative, which is geared toward producing the same amount of oil with half the horsepower, and its inroads into international markets. Tune in to the short clip below for more.