HAL - Halliburton Company
18.76 0.00 (0.00%)
After hours: 7:54PM EDT
| Previous Close | 18.95 |
| Open | 18.62 |
| Bid | 18.61 x 4000 |
| Ask | 18.76 x 1300 |
| Day's Range | 18.05 - 18.83 |
| 52 Week Range | 16.97 - 40.45 |
| Volume | 8,893,375 |
| Avg. Volume | 13,769,156 |
| Market Cap | 16.432B |
| Beta (3Y Monthly) | 1.75 |
| PE Ratio (TTM) | 12.37 |
| EPS (TTM) | 1.52 |
| Earnings Date | Oct 21, 2019 |
| Forward Dividend & Yield | 0.72 (3.80%) |
| Ex-Dividend Date | 2019-09-03 |
| 1y Target Est | 28.27 |
- Reuters
Oilfield services firm ProPetro cuts almost 150 workers: sources
Midland, Texas-based ProPetro said last week it would cut the number of hydraulic fracturing fleets operated this quarter by as much as 28%, far surpassing analysts' expectations. Halliburton Co said last week it was cutting about 650 jobs in Colorado, Wyoming, New Mexico and North Dakota as oilfield activity slowed. Most of the affected Halliburton employees were offered a chance to relocate to areas with stronger anticipated activity.
- Benzinga
Borderlands: Halliburton Lays Off 650 Workers; DHL Expands El Paso Freight Operations
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. Energy services provider Halliburton Company (NYSE: HAL) is laying off 650 oil and gas industry workers in Colorado, New Mexico, North Dakota and Wyoming.
- 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.
- American City Business Journals
Colorado oil and gas producers face yet another drilling barrier: tariffs
Low crude oil and natural gas prices continue to slow down drilling for regional companies, and now trade tensions weigh on most of them too. A quarterly survey conducted by the Federal Reserve Bank of Kansas City and published Friday found that regional oil and gas producers mostly see drilling activity flat or declining in coming months. The Fed’s survey, conducted among companies in Colorado, Oklahoma, Kansas and Nebraska, asked a special question in the third quarter edition: how trade tensions, or tariffs, affected their business and expectations for the future.
- Investopedia
Energy ETFs Surge Amid Trade and Middle East News
A partial trade agreement and ongoing tensions in the Middle East may fuel oil stocks this week. Gain exposure to the sector using these three ETFs.
- Reuters
Sanders unveils economic plan a day before U.S. Democratic debate
Senator Bernie Sanders, a day before the next debate among the Democratic U.S. presidential candidates, released a plan on Monday underscoring his left-leaning economic views aimed at curbing corporate tax avoidance, tightening antitrust enforcement and empowering workers. Sanders, one of the top three contenders for his party's nomination, said in a statement his plan would raise up to $3 trillion over 10 years by upping the corporate tax rate to 35 percent, eliminating most corporate tax breaks and loopholes, and taking steps to eliminate use of offshore tax havens. The 78-year-old senator from Vermont, set to take part in Tuesday's debate in Ohio after a heart attack this month, has sought to differentiate himself from another top contender for the party's nomination, Senator Elizabeth Warren, who has issued her own set of economic proposals.
- Oilprice.com
Oil Jumps on Trade Hopes and Tanker Attack
Oil prices rose on Friday on the back of some positive noises coming out of the trade war negotiations and reports that an Iranian oil tanker had been attacked
- Oilprice.com
Oil Giant Slashes Jobs Amid Shale Slowdown
Oilfield services Halliburton has cut 650 jobs across 4 US states, blaming the slowdown in drilling activity for the decision
- Zacks
Halliburton Trims 650 Jobs as Producers Scale Down Spending
Oilfield service provider Halliburton (HAL) declares another round of job cut as oil and gas customers scale back spending on services and equipment.
- American City Business Journals
Halliburton cuts hundreds of jobs in the Rockies
Houston-based Halliburton Co. (NYSE: HAL) is cutting its Rocky Mountains workforce. The oil field services company is seeing reduced activity in its Rockies customers, so 650 people in Colorado, Wyoming, New Mexico and North Dakota were affected. The move comes a few months after Halliburton restructured its organization in North America to remove several layers of management.
Oilprice.comThe Real History Of Fracking: Oil, Bombs And Civil War
Despite popular belief, fracking is not that new but has been around since the American Civil War, but how did this misconception come about?
- Bloomberg
Halliburton Cuts Workforce in U.S. Rockies on Lower Activity
(Bloomberg) -- Halliburton Co. is reducing its workforce in the Rockies as the biggest oilfield service contractor to announce job cuts grapples with a protracted spending slump in the shale patch.The cuts affect 650 workers across Colorado, Wyoming, New Mexico and North Dakota, Emily Mir, a spokeswoman, said Wednesday in a prepared statement. Most were offered the option to relocate to other areas where greater oilfield work is expected, she said.The moves come three months after the Houston-based oilfield contractor announced it was trimming 8% of its North American headcount and parking unused frack gear.Oilfield servicers have been among the worst-hit companies amid a slowdown in the once red-hot U.S. shale patch. Their exploration customers are dialing back spending as low crude prices dent profits and investors urge financial discipline. Bankruptcies in the industry are surging and on track to eclipse last year’s casualties, according to law firm Haynes and Boone LLP.The number of U.S. crews that frack wells, the final step before oil production, has dropped 17% this year, according to Primary Vision Inc. Halliburton is set to report financial results from the third quarter on Oct. 21.Halliburton fell 0.5% to $18.16 at 1:48 p.m. in New York.(Updates with number of frack crews in fifth paragraph.)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, Christine Buurma, Joe CarrollFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters
Halliburton cutting 650 jobs in U.S. as oilfield business slows
Halliburton and its rivals that provide drilling equipment and services have suffered this year due to reduced spending by oil and gas producers amid weak prices. Spending by U.S. independent producers is projected to fall 11% this year, according to analysts at Cowen and Co.
- Rigzone.com
Halliburton Cuts 650 Jobs in US
Oilfield services giant Halliburton has laid off 650 employees in the U.S.
- Simply Wall St.
How Many Halliburton Company (NYSE:HAL) Shares Did Insiders Buy, In The Last Year?
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
- Investopedia
8 Stocks That Can Lead Longterm as Steep Market Selloff Looms
These stocks offer low valuations and high dividends, and look poised to outperform under several possible economic backdrops.
- Zacks
Halliburton (HAL) Stock Sinks As Market Gains: What You Should Know
Halliburton (HAL) closed the most recent trading day at $18.55, moving -0.48% from the previous trading session.
- Zacks
The Zacks Analyst Blog Highlights: GE company, Halliburton Company, Schlumberger, Diamond Offshore Drilling and Transocean
The Zacks Analyst Blog Highlights: GE company, Halliburton Company, Schlumberger, Diamond Offshore Drilling and Transocean
- Zacks
The Zacks Analyst Blog Highlights: Halliburton, Noble, Transocean, Diamond Offshore Drilling and Valaris
The Zacks Analyst Blog Highlights: Halliburton, Noble, Transocean, Diamond Offshore Drilling and Valaris
- Zacks
Drillers in Permian Basin Continue to Remove Oil Rigs
Domestic drillers may continue to lower rigs in the oil patches as they have a conservative capital budget for 2019 and the crude pricing scenario is weak.
- Zacks
5 Reasons Offshore Drilling Stocks are Poised for a Rebound
It appears that the offshore drilling industry is finally set to rebound from one of the worst slumps that it has ever been through.
- Business Wire
PTTEP Selects Halliburton for Digital Transformation Contract
Halliburton Company (HAL) today announced PTTEP, a national petroleum exploration and production company in Thailand, selected Halliburton Landmark’s Digital Well Program application to automate drilling, completions and engineering processes across the well lifecycle. Digital Well Program™, an application within DecisionSpace® 365, transforms how wells are constructed and delivered by combining a digitalized planning and design process with engineering models on a single and open platform.
- Rigzone.com
Halliburton Wins Thailand Well Automation Contract
PTTEP will use Halliburton Landmark application to automate drilling, completions and engineering processes across the well lifecycle.
