HAL - Halliburton Company

NYSE - NYSE Delayed Price. Currency in USD
23.96
+0.15 (+0.63%)
At close: 4:01PM EST
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Previous Close23.81
Open24.00
Bid23.90 x 3200
Ask24.05 x 4000
Day's Range23.83 - 24.23
52 Week Range16.97 - 32.71
Volume13,846,786
Avg. Volume11,980,719
Market Cap21.032B
Beta (5Y Monthly)1.55
PE Ratio (TTM)17.64
EPS (TTM)1.36
Earnings DateJan 20, 2020
Forward Dividend & Yield0.72 (3.02%)
Ex-Dividend DateDec 02, 2019
1y Target Est27.30
  • Oilprice.com

    Why Oilfield Service Giants Are Dumping Assets

    The three biggest oilfield service providers have all announced asset sales as they adapt to an environment featuring lower demand for their services

  • Can Solid Overseas Market Aid Halliburton (HAL) Q4 Earnings?
    Zacks

    Can Solid Overseas Market Aid Halliburton (HAL) Q4 Earnings?

    The deceleration in E&P activity is likely to have dented demand for Halliburton's (HAL) services and equipment in the fourth quarter.

  • Decline in ‘Fracklog’ Shows Scale of Pullback by U.S. Shale Drillers
    Bloomberg

    Decline in ‘Fracklog’ Shows Scale of Pullback by U.S. Shale Drillers

    (Bloomberg) -- As the U.S. shale boom unfolded, the number of oil wells that were drilled but never opened for production steadily rose. Now, that figure has plunged by a surprising 10% in the newest sign yet of tough times for drillers.A weighty decline in the so-called fracklog is perhaps the most salient gauge of a developing slowdown in U.S. shale. It shows that explorers are no longer racing to drill wells faster than they can complete them.The drop adds to a growing body of evidence that shale explorers, pushed by investors to prioritize profits over production, are stepping on the brakes. That’s bad news for oilfield services companies that have depended on rising shale growth for their prosperity. When Halliburton Co., owner of the world’s biggest fleet of fracking pumps, reports on its fourth quarter on Jan. 21, analysts expect to see a 29% earnings decline from a year earlier, excluding certain items.“We continue to believe 2020 will be a tale of two markets, with North America being a muddle while the recovery should continue in international and offshore arenas,” James West, an analyst at Evercore ISI, said Jan. 10 in a note to investors titled, “4Q Earnings Season Could Be Ugly.“The number of drilled but uncompleted wells, known as DUCs, have generally increased since the end of 2016, with the rise largely attributable to factors that include lower-than-ideal pricing for oil and gas and limited pipeline capacity. But between May and November, the number fell to 7,574 from a high of 8,429, according to the most recent data from the U.S. Energy Information Administration.That’s the steepest decline over the last three years. The key now for the biggest service providers may be how quickly they can pivot toward opportunities outside of shale.Consider the case of Baker Hughes Co., which spun off its onshore fracking business three years ago. While Halliburton is expected to report a fourth-quarter decline, Baker Hughes is forecast to report adjusted earnings on Jan. 22 that are up 19% to 31 cents a share, according to analysts.When Schlumberger Ltd., which already has a major focus outside the U.S., reports Friday, it’s expected to best last year’s fourth-quarter adjusted earnings by about a penny to 37 cents a share. The world’s biggest oilfield service company has said its North American land business, which includes pressure pumping, is now under strategic review and analysts say the company could announce an update to the unit on its earnings call.“2019 was a brutal year for completions activity,” analysts at Tudor Pickering Holt & Co. wrote in a note earlier this month. “And the pressure pumpers sit in a deep hole that’ll likely take a while to dig out of absent a stout demand surprise.”To contact the reporter on this story: David Wethe in Houston at dwethe@bloomberg.netTo contact the editors responsible for this story: Simon Casey at scasey4@bloomberg.net, Reg GaleFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Oilprice.com

    The Cannabis Industry’s Dirty Energy Secret

    The business of growing cannabis is anything but green, in fact, the growing of pot is so power-intensive that its ecological footprint is quickly becoming an environmental nightmare

  • Analysts Estimate Halliburton (HAL) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Halliburton (HAL) to Report a Decline in Earnings: What to Look Out for

    Halliburton (HAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Barrons.com

    2 Oil-Services Stocks to Own and 8 to Avoid, According to an Analyst

    Bernstein analyst Nicholas Green argues that investors should indeed put money to work in the oil-services sector. He said some companies offer enormous opportunities to savvy investors.

  • The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco
    Zacks

    The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco

    The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco

  • US Oil Drillers Spend Conservatively: Rig Count Slides Again
    Zacks

    US Oil Drillers Spend Conservatively: Rig Count Slides Again

    Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on the drilling of new wells.

  • Job Losses Galore Across the Energy Sector: What Lies Next?
    Zacks

    Job Losses Galore Across the Energy Sector: What Lies Next?

    In a bid to rebound from the cautious spending by oil and gas as well as exploration and production companies due to soft oil prices, Apache (APA) plans to slash global headcount by 500.

  • Six Of The Hottest Oil Stocks For 2020
    Oilprice.com

    Six Of The Hottest Oil Stocks For 2020

    Though a number of oil companies took major profit hits in 2019, the innovators of the bunch still have upside potential

  • Investing.com

    Stocks - S&P Falls as U.S.-Iran Tensions Still Unsettle Risk Appetite

    Investing.com – U.S. stocks closed lower Tuesday, led by a fall in energy stocks amid ongoing U.S.-Iran tensions.

  • Barrons.com

    The Middle Eastern Tension Isn’t Spooking Wall Street. Here’s What Analysts Are Saying.

    U.S. stocks rebounded from their worst levels as investors took a more measured view of the fallout from the U.S. killing of an Iranian general.

  • Barrons.com

    Iran Worries Are Causing Oil Prices to Rise Again. The Gains May Not Last.

    The U.S. killing of Iranian military commander Qassem Soleimani is affecting prices, but other factors will come into play this year.

  • Tweedy Browne Loosens Hold of MRC Global
    GuruFocus.com

    Tweedy Browne Loosens Hold of MRC Global

    Firm reduces its position in pipe and valve supplier Continue reading...

  • Oil Drillers Keep Removing Rigs From Permian & Cana Woodford
    Zacks

    Oil Drillers Keep Removing Rigs From Permian & Cana Woodford

    Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

  • MarketWatch

    Energy stocks surge, as crude oil prices spike on Middle East tensions

    Shares of energy company's were broadly higher in premarket trading Friday, as crude oil prices soared in reaction to the U.S. airstrike that killed an Iraqi militia's deputy commander. The SPDR Energy Select Sector ETF climbed 1.4% in premarket trading, with 26 of 28 equity components trading higher. Among the ETF's more active components, shares of Noble Energy Inc. rose 0.8%, Exxon Mobil Corp. gained 1.4%, Occidental Petroleum Corp. hiked up 3.0%, Schlumberger Ltd. advanced 1.8%, Halliburton Co. rose 1.9%, Marathon Oil Corp. rallied 3.4% and Chevron Corp. tacked on 1.2%. Although not an ETF components, Chesapeake Energy Corp.'s stock shot up 5.8% in active trading. The rally bucked the reaction in the broader stock market, as S&P 500 futures sank 1.2%. Meanwhile, crude oil futures shot up 3.9%, and the intraday high of $64.09 was the highest price seen since April 30.

  • Is This The Next Great Oil Frontier?
    Oilprice.com

    Is This The Next Great Oil Frontier?

    Africa’s top oil producing regions may be joined by a new country with an oil friendly regime

  • Drillers Remove Oil Rigs in Permian and Cana Woodford Basins
    Zacks

    Drillers Remove Oil Rigs in Permian and Cana Woodford Basins

    Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

  • Why Offshore Drilling Stocks Can Make a Comeback in 2020
    Zacks

    Why Offshore Drilling Stocks Can Make a Comeback in 2020

    It appears that the offshore drilling industry is finally set to rebound from one of the worst slumps that it has ever been through.

  • Hedge Fund Favorites vs. Halliburton Company (HAL) In 2019
    Insider Monkey

    Hedge Fund Favorites vs. Halliburton Company (HAL) In 2019

    Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]

  • Sanders, Warren Campaigns Spend the Most On Amazon While Trashing It
    Bloomberg

    Sanders, Warren Campaigns Spend the Most On Amazon While Trashing It

    (Bloomberg) -- During the Democratic presidential debate in Los Angeles last week, Senator Elizabeth Warren once again made her position on Amazon.com Inc. clear. “You know what unites my three brothers?” she asked, noting that one is a Democrat, the other two Republicans. “Amazon. They are furious that Amazon reported $10 billion in profits and paid zero in taxes.”Warren may have the most developed plan to curtail Amazon -- it involves breaking up the company -- but she is far from alone in targeting the Seattle leviathan for political and policy purposes. Her fellow Democrat, Senator Bernie Sanders, has hammered Amazon on the campaign trail. And, of course, President Donald Trump has launched what is perceived in some quarters as a political vendetta against the company and Chief Executive Officer Jeff Bezos.So it may surprise voters to learn that the eight leading Democratic candidates and Trump have spent almost $600,000 on Amazon in the first nine months of 2019, mostly for office supplies, according to federal campaign records reviewed by Bloomberg. (Michael Bloomberg, founder and majority owner of Bloomberg LP, the parent company of Bloomberg News, hasn’t filed campaign expenses yet because he didn’t enter the race until November.)As the following table shows, the stridency of the anti-Amazon rhetoric tends to correlate with the size of the outlay on its website.To contact the reporter on this story: Spencer Soper in Seattle at ssoper@bloomberg.netTo contact the editors responsible for this story: Robin Ajello at rajello@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Drillers Add Oil Rigs in Permian & Eagle Ford Shale Play
    Zacks

    Drillers Add Oil Rigs in Permian & Eagle Ford Shale Play

    Since February 2018, drillers in the United States have added the highest number of rigs in a week.

  • Halliburton (HAL) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Halliburton (HAL) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Halliburton (HAL) closed at $24.48, marking a -0.24% move from the previous day.

  • 3 Energy Stocks to Buy
    InvestorPlace

    3 Energy Stocks to Buy

    Don't look now, but the energy sector is starting to percolate. Apparently we've reached the stage of the market rally where they're coming after the dogs. But don't hate, participate! I'll show you how by offering three different energy stocks to buy.Here are a few stats that illustrate just how hilariously bad energy and oil stocks have been. I'm using the Energy Sector SPDR (NYSEARCA:XLE) as the benchmark, but other popular funds for the space like Oil & Gas Explore & Prod (NYSEARCA:XOP) and Oil Services ETF (NYSEARCA:OIH) have been equally dismal.While the S&P 500 is perched at record heights, XLE is still 40% off its 2014 peak. The XOP ETF is even worse. It's lower than it was when Armageddon came to town in 2008.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYear-to-date, XLE is only up 2.6% while the S&P 500 is up 27%. That's some serious relative weakness.And here's the stat to top them all. The entire energy sector has fallen so far that it's worth less than a single company -- Apple (NASDAQ:AAPL). If you're a contrarian, that above all else should have alarm bells going off in your head. The fear and loathing have reached epic levels. * 10 Stocks to Buy That Lost 8%-Plus in the Past Month But here's the thing. Many energy stocks are finally starting to catch a bid. Here are three of the best in the oil services industry worth buying. Oil Services Stocks to Buy: Schlumberger (SLB)Source: The thinkorswim® platform from TD Ameritrade The easiest way to identify candidates is to look at the top holdings of OIH. Schlumberger (NYSE:SLB) tops the list, accounting for some 20% of the fund. Its weekly trend looks atrocious, but signs of a bottom have emerged this quarter. The rebound has been strong enough to reverse the 20-day and 50-day moving averages higher and SLB stock even powered above its 200-day moving average for the first time since last July.We're now testing overhead resistance at $40. This price has kept a lid on the stock through the back half of the year, so vaulting above it will mark a big change in character.This quarter's bullish behavior has me in the bottom fishing mood. SLB share's low price tag makes them a prime candidate for naked puts.The Trade: Sell the Jan $37.50 put for 60 cents. Halliburton (HAL)Source: The thinkorswim® platform from TD Ameritrade Halliburton (NYSE:HAL) is the second-largest holding in OIH, accounting for about 12% of the fund. One glance at its chart reveals HAL is the veritable twin of SLB. They are virtually identical. So all of the bottoming characteristics identified on SLB are shared by HAL.So let's skip the redundant chart comments and elaborate on why naked puts are attractive here.The cheap price tag of SLB and HAL keep the margin requirement for short puts low enough to pump up the return on investment. By selling puts, we're obligating ourselves to buy shares at a discount to the current price. If the puts expire worthless due to the stock remaining bullish, we pocket the premium we received upfront. But if the stock drops, we get to buy shares of a company we wanted exposure to anyways.That's a win-win. * 7 Impressive Stocks to Buy Over $250 The Trade: Sell the Jan $24 puts for 50 cents. National Oilwell Varco (NOV)Source: The thinkorswim® platform from TD Ameritrade National Oilwell Varco (NYSE:NOV) rounds out today's list with a similar setup as its predecessors. NOV stock's recovery has been subtle but steady over the past few months. An ascending triangle has formed, reflecting a slight uptick in demand on each selloff. And now, NOV is knocking on the door of a major ceiling at $24.50.A break above it will signal the completion of its eight-month bottoming process and potentially spark the next leg of its nascent uptrend.Once again, naked puts are my play of choice if you're willing to bottom fish here.The Trade: Sell the Jan $23 puts for around 45 cents.As of this writing, Tyler Craig held bullish positions in OIH. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Biggest Investing Surprises of 2019 * 7 Impressive Stocks to Buy Over $250 * 4 Small-Cap Energy Stocks Ready to Explode The post 3 Energy Stocks to Buy appeared first on InvestorPlace.