|Day's Range||45.25 - 46.04|
|52 Week Range||40.12 - 58.78|
|PE Ratio (TTM)||-11.67|
|Dividend & Yield||0.72 (1.57%)|
|1y Target Est||N/A|
Halliburton’s (HAL) 1Q17 revenues increased ~2% to $4.3 billion from ~$4.2 billion in 1Q16. Compared to 4Q16, its revenues increased 6%.
In this series, we’ll compare Schlumberger, Halliburton, Weatherford International, and National Oilwell Varco. These OFS companies have posted negative returns since 1Q17.
Oil prices may rise or fall in the short-term, but they will return to a range of $55 to $65 in the long term because that's the price of oil from fracking shale wells, the Goldman Sachs head of research said in Chicago Wednesday.