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How Halliburton Is Reacting to Changes in Crude Oil Prices

Alex Chamberlin
How Halliburton Is Reacting to Changes in Crude Oil Prices

The correlation coefficient between the price of crude oil and Halliburton (HAL) stock from June 7, 2017, to June 7, 2018, was 0.55. That shows a strong positive relationship between Halliburton stock and crude oil.