Halliburton partners in nuclear waste management project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2025
0mins
Source: Globenewswire
Halliburton Co's stock fell 3.01% as it hit a 20-day low amid a mixed market environment where the Nasdaq-100 rose by 1.57% and the S&P 500 increased by 0.49%.
The decline in Halliburton's stock comes despite the company's involvement in a significant nuclear waste management project alongside Deep Isolation and Westinghouse. This collaboration aims to demonstrate an integrated solution for the storage and disposal of nuclear waste, supported by up to $20 million in funding from the U.S. Department of Energy's ARPA-E SCALEUP Ready program. The project is expected to enhance the commercialization potential of nuclear waste management technologies, reflecting a growing demand in the industry.
While Halliburton's participation in this project highlights its strategic positioning in the evolving energy sector, the overall gloomy outlook for the oilfield services industry, driven by declining demand and strict capital discipline among upstream energy companies, continues to weigh on investor sentiment.
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Analyst Views on HAL
Wall Street analysts forecast HAL stock price to fall
18 Analyst Rating
12 Buy
6 Hold
0 Sell
Moderate Buy
Current: 33.000
Low
28.00
Averages
32.31
High
39.00
Current: 33.000
Low
28.00
Averages
32.31
High
39.00
About HAL
Halliburton Company is a provider of products and services to the energy industry. The Company operates through two segments: Completion and Production and the Drilling and Evaluation. The Completion and Production segment delivers cementing, stimulation, specialty chemicals, intervention, pressure control, artificial lift, and completion products and services. The segment consists of artificial lift, cementing, completion tools, multi-chem, pipeline and process services, production enhancement, and production solutions. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, fluids, evaluation and precise wellbore placement solutions. The segment consists of Baroid, drill bits and services, Halliburton project management, landmark software and services, sperry drilling, testing and subsea and wireline and perforating. It develops cloud‑native applications for subsurface, drilling, well, and logistics data.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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