Financial Analyst of Halliburton
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Halliburton is a world-leading provider of energy industry products and services. The company serves the oil and gas industry by locating hydrocarbons and managing geological data, drilling and formation evaluation, well construction and completion, and optimizing oil field production. Halliburton consists of two divisions: Drilling & Evaluation and Completion & Production. As of December 31, 2011, these two divisions accounted for approximately 25.0 billion dollars in revenue. Halliburton has more than 70,000 employees in over 80 countries. Halliburton plans to maintain a competitive position by delivering services and products to customers that maximize their production and recovery. Halliburton works within an extremely competitive industry. Some of the competitive dynamics of sales include: price, service delivery, service and product quality, global talent retention, hydrocarbon reservoir knowledge, warranties, technical proficiency and health, safety, & environmental standards and practices. Operations may also be adversely affected by politics, terrorism, civil strife, governmental involvement, inflation and foreign currency exchange. In the future, Halliburton’s expected growth consists of investing in production enhancement, Sperry drilling, Cementing, and Wireline & Perforating. Halliburton expects its customer projects to become increasingly complex as the search for new hydrocarbons becomes more challenging. To sustain growth, it will continue to execute on its strategies and enhance capabilities through investments in technology and the development of new distribution networks. The firm remains committed to incorporating sustainable practices into everyday operations to reduce the impact on the environment and building strong relationships in the community. Halliburton uses estimates and assumptions of future events to detail the impact on its operations and financial statements. It uses eight accounting policies, two of which, income
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Halliburton is a world-leading provider of energy industry products and services. The company serves the oil and gas industry by locating hydrocarbons and managing geological data, drilling and formation evaluation, well construction and completion, and optimizing oil field production. Halliburton consists of two divisions: Drilling & Evaluation and Completion & Production. As of December 31, 2011, these two divisions accounted for approximately 25.0 billion dollars in revenue. Halliburton has more than 70,000 employees in over 80 countries. Halliburton plans to maintain a competitive position by delivering services and products to customers that maximize their production and recovery. Halliburton works within an extremely competitive industry. Some of the competitive dynamics of sales include: price, service delivery, service and product quality, global talent retention, hydrocarbon reservoir knowledge, warranties, technical proficiency and health, safety, & environmental standards and practices. Operations may also be adversely affected by politics, terrorism, civil strife, governmental involvement, inflation and foreign currency exchange. In the future, Halliburton’s expected growth consists of investing in production enhancement, Sperry drilling, Cementing, and Wireline & Perforating. Halliburton expects its customer projects to become increasingly complex as the search for new hydrocarbons becomes more challenging. To sustain growth, it will continue to execute on its strategies and enhance capabilities through investments in technology and the development of new distribution networks. The firm remains committed to incorporating sustainable practices into everyday operations to reduce the impact on the environment and building strong relationships in the community. Halliburton uses estimates and assumptions of future events to detail the impact on its operations and financial statements. It uses eight accounting policies, two of which, income
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