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Halliburton Company (HAL)

NYSE - Nasdaq Real Time Price. Currency in USD
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21.12+0.48 (+2.30%)
As of 2:00PM EDT. Market open.
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  • R
    Richard
    As oil producers are rushing to increase capacity, oil service companies will get very busy for a long time to come.
  • S
    Sandor Clegane
    A bear market in oil stocks when oil is in the 70's.... makes sense, doesn't it?
  • N
    Nicholas
    (Bloomberg) -- Gasoline demand surged to a a record high as Americans took to the road for the July 4th holiday weekend.
    Gasoline supplied, a proxy for demand, rose to 10 million barrels a day the week ended July 2, the highest in data going back to 1990, according to the Energy Information Administration.
    Demand has regained its footing as vaccinations and easing economic restrictions propel more Americans to resume their pre-pandemic lifestyles. Oil prices have risen almost 50% this year as U.S. refineries run close to full-bore to keep up with fuel demand. While the U.S. recovery quickens, the world’s largest oil producers can’t agree on how to supply the market with Saudi Arabia advocating for tempered supply increases given the potential headwinds that still exist.
    “Demand is bucking with the price spikes and summer driving, but with high gas prices and inflation, the picture in September may look different,” said Trisha Curtis, co-founder of PetroNerds.
    The moving average for demand also climbed higher, reaching the most since late 2019. But on a seasonal basis the figure was still about 150,000 barrels a day short of July 2019, suggesting the market still has some room to recover.
    U.S. motorists hit the road in large numbers despite contending with the highest gasoline prices since 2014. The average pump price Thursday was $3.14 a gallon, according to auto club AAA.
    © 2021 Bloomberg L.P.

    $CLR $RIG $OXY $COP $VLO $HFC $NOV $HP $RES $MUR $XOM $CVX $BP $KMI $MRO $DVN $PXD $HAL $BKR $SLB $MPC
    Bullish
  • N
    Nicholas
    They actually briefly plugged $OIH on Bloomberg today , along with $HAL and $BKR , discussed how all the so called “green” energy push is ultimately just going to cause fewer high dollar “deep water” projects and more land/fracking wells that are ultimately higher turnover and more costly; does anyone on here watch Bloomberg??? Or is it just loser CNBC “Fast Money” Tom Lee chartists/speculators and Jim Cramer lemmings??? 😆 does anyone on here follow the small cap oil services names??? I’m not gonna tell you about any of the good ones , all y’all would jinx me 😆
    Bullish
  • R
    Robin
    There has been a multi-year period of low international CAPEX. And U.S. CAPEX plunged after Covid hit. The big recovery in U.S. in 2021 is simply to keep oil production from falling to flat/up modestly. So expect another double digit increase in CAPEX in 2022 because real drilling growth is less given use of DUCS (wells drilled in the past and now being used up) and U.S. can grow moderately like 5%. But international is long lead times and so there is a multi-year period of double digit growth ahead. And companies across the energy space is generating gobs of free cash flow due to capital discipline. Wake-up people. The whole energy services space is a screaming buy.
  • R
    Robin
    HAL noted a 12% sequential increase in N.A. revenues with strength in pressure pumping. A great indicator that SLCA will see strong Q2 sequential growth. SLCA in Q1 noted that they restarted a idled mine and ramping up another and now it seems clear that was for very good reasons.
  • D
    Denis
    Halliburton stock price target raised to $33 from $28 at BofA Securities
  • r
    rocco
    Every single oil producer has said that capex will be way down for the forseeable future..many oil procduers are trading at pes under 10...look at bp apa dv etc etc... this appears to be slated for over a 20 pe
  • S
    Sandor Clegane
    Do people realize that oil went from $66 to $72 (up almost 10%) in 2 days or do they only notice when oil price drops?
  • S
    Sandor Clegane
    Oil back up above $70 - just showing that demand is strong and the whole selloff was a hedge-fund driven selloff, meant to scare people into selling.
    Bullish
  • S
    Sandor Clegane
    Oil up big - oil stocks eke 1% gain. Oil up a little - oil stock down a little. Oil flat - oil stocks drop. Oil drops by 1% - massive selloff in oil stocks.

    Very frustrating. I hope people get back to their senses that oil is at a 3-4 year high, demand is strong and supply limited because of supply destruction in the US over the past year.
    Bullish
  • g
    gerard
    I don’t know how I ever traded without using (http://Thetraderguide.com)! I look forward to their daily emails each morning that list pre-market movers based on thoroughly researched stock market and world news. I highly recommend anyone who invests in the stock market!
  • Y
    Yahoo Finance Insights
    HAL is up 5.06% to 20.34
  • J
    Jon E. Holiday
    Hard to see why anyone could be positive about HAL, considering it’s had a negative annual total return over 3, 5, 10, and 15 year periods. What’s even more sad is, it’s best days are behind it. It’s a good company in an industry that will continue to be around for many years, but as an investment, you would literally have been better off sticking your money under your mattress.
  • j
    jericho
    Haliburton bout to pop, Seadrill just did and next is Vantage drilling its getting busy down here in Brazil 🤠
  • S
    Sandor Clegane
    Now oil stocks are down even when oil prices are up. Old rule still applies: no matter how high oil prices go, a $1 pullback causes a massive selloff in oil stocks that did nothing even as oil went from $60 to $75.
    Bullish
  • n
    nate
    Bought hal stock in my 401(k) in early March last year around $4 picked up 20,000 shares love it!!! See this back at $50+ In the short future
  • P
    Paul
    Eric what does price action look like next week when they have earnings?
    Bullish
  • E
    Eric
    Market is too eay to play. HAL will not break $23 for a few months. This "news" about inflation data will continue to hamper most stocks but especially oil, even though we knew inflation was creeping up. This is hilarious. HAL to $19 in 1-2 weeks from now. Will settle around there, maybe drop as low as $18 (~25% drop from high of around $24), then it will "miraculously" pop back up to mid 20s in a few months...even though HAL should probably be around $25-30 by now.

    If you're looking to buy, wait on the sidelines for another 15% drop, then go all in. Easiest money you will make in your life.
  • E
    Eric
    Will be a high of around $22.45 today (early morning), then will trade between $22 and $22.35 for most of the day. Watch and learn.