Halliburton - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Halliburton M&A Summary

Halliburton has acquired 24 companies, including 1 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 2 assets.

Halliburton’s largest acquisition to date was in 1998, when it acquired Dresser for $7.7B. It’s largest disclosed sale occurred in 2001, when it sold Dresser to Odyssey Investment Partners for $1.6B. Halliburton has acquired in 6 different US states, and 3 countries. The Company’s most targeted sectors include energy services and equipment (39%) and test/measurement equipment (15%).

Halliburton Business Overview

Where is Halliburton headquartered?

Halliburton is headquartered in Houston, Texas.

What is Halliburton’s revenue?

Halliburton disclosed revenue of 23,018M USD for 2023 and 20,297M USD for 2022.

How many employees does Halliburton have?

Halliburton has 48,000 employees.

What sector is Halliburton in?

Halliburton is an energy services and equipment company.

When was Halliburton founded?

Halliburton was founded in 1919 .

M&A Summary

  • M&A Total Activity23
    • M&A Buy Activity21
    • M&A Sell Activity2
  • Total Sectors Invested 10
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 15

Halliburton

Halliburton Company

3000 North Sam Houston Parkway East,
Houston, Texas 77072
United States,
(281) 871-2699
www.halliburton.com

Halliburton is a provider of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton was founded in 1919 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 20 - - - 1 - 21
vol $8.2B $8.2B
Sell (0.0/yr) # 2 - - - - - 2
vol $1.6B $1.6B
  23

Most Recent M&A

Company Date Value Type
Envana Software Solutions LLC 2023-02-23 - Joint Venture
Houston, Texas · www.envana.com
Summit ESP LLC 2017-07-05 - Add-on Acquisition
Tulsa, Oklahoma · www.summitesp.com
Ingrain, Inc. 2017-07-01 - Add-on Acquisition
Houston, Texas · www.ingrainrocks.com
Optiphase, Inc. 2013-07-16 - Add-on Acquisition
Van Nuys, California · www.optiphase.com
Red Spider Technology Ltd. 2012-12-19 - Add-on Acquisition
Westhill, United Kingdom · www.redspiders.com
Petris Technology, Inc. 2012-08-02 - Add-on Acquisition
Houston, Texas · www.petris.com
Data Retrieval Corporation, Inc. 2012-08-01 - Add-on Acquisition
Houston, Texas · www.spidr.com
Global Oilfield Services, Inc. 2011-09-06 - Add-on Acquisition
Houston, Texas · www.globaloilfieldservices.com
Multi-Chem Group LLC 2011-09-06 - Add-on Acquisition
San Angelo, Texas
SensorTran, Inc. 2011-04-21 - Add-on Acquisition
Austin, Texas · www.sensortran.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 8 (38%) 7.7B (94%) 2 (100%) 1.6B (100%)
Test/Measurement Equipment 3 (14%) - - -
Information Technology 2 (10%) - - -
Software 2 (10%) 525M (6%) - -
Chemicals 1 (5%) - - -
Electrical Equipment 1 (5%) - - -
Internet Software and Services 1 (5%) - - -
Oil/Gas Exploration 1 (5%) - - -
Retail 1 (5%) - - -
Technology Hardware 1 (5%) - - -
Total 21 $8.2B 2 $1.6B

By Geo

State/Country Buy Value Sell Value
United States 17 8.2B 2 1.6B
  Texas 10 525M 1 9M
  Louisiana 2 - - -
  California 2 - - -
  Illinois 1 7.7B 1 1.6B
  South Carolina 1 - - -
  Oklahoma 1 - - -
Netherlands 2 - - -
United Kingdom 2 - - -
Domestic 17 (81%) 8.2B (100%) 2 (100%) 1.6B (100%)
Cross-border 4 (19%) - - -
Total 21 $8.2B 2 $1.6B

Deal Values

buy # Total
> $1B 1 $7.7B
$100M to $1B 1 $525M
TOTAL $8.2B
Largest Dresser, Inc.
$7.7B (1998-02-26)
sell # Total
> $1B 1 $1.6B
< $100M 1 $9M
TOTAL $1.6B
Largest Dresser, Inc.
$1.6B (2001-04-10)

M&A Connections

Deals
Acquired from
Investor(s)
38%
8 (38%)
Strategic(s)
5%
1 (5%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

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