% | $
Quotes you view appear here for quick access.

Halliburton Company Message Board

  • housedoctor66 housedoctor66 Jun 6, 2012 5:50 PM Flag

    HAL-Discount-LINK-feel fine about my purchase on the dip

    Halliburton Company (HAL) shares are trading at undervalued levels,
    although it is not as cheap as some of the stock mentioned above.
    This company operates globally and it offers a wide variety of drilling, casing and other services to the oil and gas industry. As a leader in the oil sector it should trade for more than just eight times earnings. It offers a small dividend now, however it has room to grow the payout significantly in the coming years, based on strong earnings and a low payout ratio. Halliburton has a solid balance sheet with about $2.76 billion in cash. The company reported strong financial results with earnings of 89 cents for the first quarter of 2012. While Halliburton shares are not as undervalued or as likely to double in value as stocks like Warren Resources or Basic Energy Services, it is a high-quality blue-chip stock in the oil sector, and it does have strong upside potential for more patient investors.

    Here are some key points for HAL:
    Current share price: $29.12
    The 52-week range is $27.21 to $57.77
    Earnings estimates for 2012: $3.51 per share
    Earnings estimates for 2013: $3.96 per share
    Annual dividend: 36 cents per share, which yields 1.2%

    SortNewest  |  Oldest  |  Most Replied Expand all replies
48.43-0.32(-0.66%)Oct 21 4:00 PMEDT