Halliburton signs more contracts for low-cost electric fracking fleets in Q3

Halliburton Co. (NYSE: HAL) is gradually retiring its diesel-powered hydraulic fracturing fleets in favor of natural gas-powered electric fleets. The Houston-based oil field services company signed on more e-fleet contracts in the third quarter 2023, even seeing a repeat customer, after signing more multi-year contracts for its Zeus fleet than in any prior quarter.