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Get SEC filings for Halliburton Co (HAL), including Annual Report (10k) and Quarterly Report (10Q). K 1 DECEMBER 31, FORM K Portions of the Halliburton Company Proxy Statement for our Annual Meeting of. Portions of the Halliburton Company Proxy Statement for our .. Our annual reports on Form K, quarterly reports on Form Q, current.

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These statements are subject to numerous risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the results expressed or implied by the statements.

Millions of dollars and shares except per share data.

December 1 – Service revenue, including training and consulting services, is recognized when the services are rendered and collectability is reasonably assured. Our operations outside the United States require us to comply with a number of United States and international regulations, violations of which could have a material adverse effect on our business, consolidated results of operations, and consolidated financial condition. The management of Halliburton Company is responsible for establishing and maintaining adequate internal control over financial reporting as defined in the Securities Exchange Act Rule 13a f.

Cash payments receipts during the period for: This new telemetry system helps operators make faster decisions to optimize well placement and improve well control while increasing drilling efficiency.

Halliburton Company –

10 serve major, national, and independent oil and natural gas companies throughout the world and operate under two divisions, which form the basis for the two operating segments we report, the Completion and Production segment and the Drilling and Evaluation segment: We intend to use the net proceeds of this offering for general corporate purposes, including to finance a portion of the cash consideration component of our pending Baker Hughes acquisition and to pay related fees and expenses.

We also have proactively developed processes to provide our customers with the chemical constituents of our hydraulic fracturing fluids to enable halliubrton customers to comply with state laws as well as voluntary standards established by the Chemical Disclosure Registry, www. These earn-out provisions are estimated and recognized at fair value at hallibutron acquisition date based on projected earnings or other financial metrics over specified periods after the acquisition date.


Many of the raw materials essential to our business require the use of rail, storage, and trucking services to transport the materials to our jobsites. The effective tax rates in both periods were positively impacted by lower halliburyon rates in certain foreign jurisdictions.

Supplemental disclosure of cash flow information: To the extent that we cannot engage subcontractors or acquire equipment or materials in a timely manner and on reasonable terms, our ability to complete a project in accordance with stated deadlines or at a profit may be impaired. The Board of Directors and Shareholders. As a result of the recent uptick in activity and the structural changes to our delivery platform we made during this down cycle, we returned to operating profitability in North Halliubrton in the fourth quarter of after recording operating losses in the first three quarters of the year.

It provides the highest lost circulation material LCM tolerance of any high-speed telemetry system, helping the operator pump the required LCM concentration to cure mud losses without changing or plugging the bottom hole assembly.

Halliburton Company

We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. Should current market conditions worsen or persist for an extended period of time, we may be required to record additional asset impairments, including an impairment of the 100k value of our goodwill. We have internal control policies and procedures and have implemented training and compliance programs for our employees and agents with respect galliburton the FCPA.

Our Board of Directors has authorized a plan to repurchase our common stock from time to time. Accrued employee compensation and benefits.

The counterparties to our forward contracts, options, and interest rate swaps are global commercial and investment banks. Halliburtn other remedies, the plaintiffs sought to enjoin the acquisition and rescind the merger agreement, in addition to certain unspecified damages and reimbursement of costs. We identified our most critical accounting estimates to be: Inthe United States Environmental Protection Agency EPA conducted an extensive study of hydraulic fracturing practices, focusing on coalbed methane wells, and their potential effect on underground sources of drinking water.


Liability for damages arising as a result of environmental laws could be substantial and could have a material adverse effect on our liquidity, consolidated results of operations, and consolidated financial condition. On April 30,primarily because of the challenges in obtaining remaining regulatory approvals and general industry conditions that severely hallibruton deal economics, we and Baker Hughes mutually terminated our merger agreement.

Consolidated Balance Sheets at December 31, and We maintain an active research and development program. Represents the tax effects of the aggregate adjustments during the period. Adjusted operating income is calculated as: These results were partially offset by reduced drilling activity in Venezuela. In most cases, we bill our customers for our services in arrears and are, therefore, subject to our customers delaying or failing to pay our invoices.

Supplemental disclosure of cash flow information: Interest on debt b. Operating income benefited from depreciation cessation related to assets held for sale during along with improved pipeline and fluid services in Venezuela and well completions activity in Brazil.

Competitive factors impacting sales of our services and products include: We have taken actions hal,iburton to help mitigate the effect on our business during the downturn in the energy market, and we will continue to evaluate our cost structure and make further adjustments as required. These and other requirements generally are becoming increasingly strict. Some of the outstanding letters of credit have triggering events that would entitle a bank to require cash collateralization.