Jeff Miller is the CEO of Halliburton, which is an oil field service corporation that is headquartered in the United States but has operations in more than 70 countries. Due to this, Miller is a significant figure in the oil industry, meaning that he is worthy paying attention to by people who are interested in said industry. Here are 10 things that you may or may not have known about Jeff Miller:
1. Jeffrey Comes from Germanic Sources
Jeffrey is an English name. However, it is interesting to note that it comes from Germanic sources through a rather meandering route. In short, Jeffrey is believed to be a version of Geoffrey, which is a version of Godfrey. In turn, Godfrey is believed to mean either “God Peace” or “Good Peace,” though there are other sources as well.
2. Miller Is Very Straightforward
Miller is an excellent example of a name that means exactly what it sounds like. In the past, millers would have been people of some importance because they provided an essential service for pre-modern farmers. However, that importance came with a fair amount of stereotyping as well, which was not particularly kind to say the least.
3. Studied at McNeese State University
For his bachelor’s degree, Miller studied at McNeese State University, which is counted as a part of the University of Louisiana System. As for its name, it is named for a man named John McNeese, who played a very important role in promoting education in the region. For example, he was the one who pioneered the use of taxes to fund schools in his parish, which had an enormous effect on the education that was offered to local students.
4. Studied at Texas A&M University
Later, Miller studied at Texas A&M University for his master’s degree. For those who are curious, the A stands for agricultural while the M stands for mechanical, though it is interesting to note that the school had no agricultural courses when it was founded. With that said, Miller went to Texas A&M University for his MBA, which was a natural choice for someone interested in entering the ranks of senior management.
5. Is a CPA
Miller is a CPA, meaning a Certified Public Accountant. Like the name suggests, CPAs do accounting, but they are also capable advisers when it comes to financial matters on the strategic level. This makes sense considering the nature of their skills, but they are nonetheless not what a lot of people would expect when the term “accountant” comes up.
6. Has Been a Part of Halliburton for a Long Time
It is interesting to note that Miller has been with Halliburton since 1997. As a result, it is natural for him to have served in a number of high-ranking positions at the corporation over the course of his career, with examples ranging from Vice President to Executive Vice President.
7. Runs a Corporation that Is Very Susceptible to Oil Prices
Unsurprisingly, Halliburton is very susceptible to oil prices. Due to this, it was one of the corporations that took a serious hit when oil prices fell not so long ago, so much so that it fired 40 percent of its workforce.
8. Runs a Corporation that Is Very Susceptible to Foreign Factors
Speaking of which, Halliburton is very susceptible to foreign factors as well. After all, while the United States is an oil producer in its own right, the international nature of the oil market means that the relevant entities can’t help but be affected by the actions of other relevant entities. Something that should be made clear by the impact that OPEC has had over time.
9. Interested in the Permian Basin
As the CEO of Halliburton, it is perhaps unsurprising to learn that Miller has a strong interest in the Permian Basin, which is a part of the United States Mid-Continent Oil Field. He has stated that he expects a number of bottlenecks to clear up in 2019, meaning that oil production in said region should increase in the near future.
10. Remains to Be Seen How He Will Cope with Current Prices
U.S. crude oil has seen a fall in recent times. This is because the stakeholders are concerned about over-production, which is connected to how a lot of people had their hopes of Russia and Saudi Arabia agreeing to production cuts not so long ago. As a result, it will be interesting to see where Miller takes Halliburton next.