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This question is about Halliburton.
Who owns Halliburton?
Institutional investors and individual shareholders own Halliburton. Institutional investors hold majority ownership of Halliburton through 85.03% of the outstanding shares that they control. Halliburton is one of the world's largest providers of products and services for the ever-evolving needs of the energy industry that has faced some controversy over the years.
Of their many institutional investors, Capital Investors Inc. and The Vanguard Group own the majority of shares in the company.
Halliburton's other top owners include Capital Research Management Company (6.9% of total shares), SSgA Funds Management (6.2% of total shares), Inc., BlackRock Fund Advisors (5.3% of total shares), and Pzena Investment Management LLC (4.0% of total shares).
Halliburton was founded in 1919 by oil industry businessman Erle Halliburton. The company was initially called New Method Oil Well Cementing Company. In 1924, Halliburton incorporated his company and sold part ownership to some large petroleum businesses to encourage expansion.
The company went public in 1948 and was renamed the Halliburton Oil Well Cementing Company (HOWCO) and eventually became Halliburton Company in 1961.
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