HAL - Halliburton Company

NYSE - NYSE Delayed Price. Currency in USD
19.61
+1.18 (+6.40%)
At close: 4:01PM EDT
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Previous Close18.43
Open18.15
Bid19.61 x 1300
Ask0.00 x 3200
Day's Range18.10 - 20.00
52 Week Range16.97 - 36.51
Volume27,506,163
Avg. Volume14,057,129
Market Cap17.103B
Beta (3Y Monthly)1.75
PE Ratio (TTM)12.93
EPS (TTM)1.52
Earnings DateJan 20, 2020 - Jan 24, 2020
Forward Dividend & Yield0.72 (3.91%)
Ex-Dividend Date2019-09-03
1y Target Est27.05
Trade prices are not sourced from all markets
  • Halliburton revenue declines as shale demand slows
    Yahoo Finance Video

    Halliburton revenue declines as shale demand slows

    Halliburton reported a larger than expected drop in quarterly revenue. This comes amid weak demand from North American shale producers. Yahoo Finance's Jared Blikre joins The Ticker to discuss.

  • Halliburton Q3 match, revenue falls short; Boeing gets a downgrade
    Yahoo Finance Video

    Halliburton Q3 match, revenue falls short; Boeing gets a downgrade

    Yahoo Finance's Ines Ferre is live from the NSYE to break down the market action for Halliburton, Boeing, and Pinterest.

  • Halliburton, Schlumberger expect weaker immediate market
    American City Business Journals

    Halliburton, Schlumberger expect weaker immediate market

    The two largest publicly traded oil field service companies in the world are expecting their businesses in North America to decline in the fourth quarter.

  • Oilprice.com

    Oilfield Services Face Crisis As Shale Slowdown Worsens

    Two of the largest oilfield services companies in the world saw their earnings hit hard in the third quarter due to the U.S. shale slowdown

  • GuruFocus.com

    Global Stocks Green on Monday

    Halliburton reports 3rd-quarter earnings Continue reading...

  • Benzinga

    PreMarket Prep: Schizophrenic Drug Stocks, A Technical Play On Halliburton's Q3 Report

    AmerisourceBergen Corp. (NYSE: ABC), Cardinal Health Inc (NYSE: CAH), McKesson Corporation (NYSE: MCK) and Teva Pharmaceutical Industries Ltd (NYSE: TEVA) — were reported to be in opioid settlement talks, their respective share prices were rewarded.

  • US STOCKS-Tech stocks drive gains on Wall Street; Boeing weighs on Dow
    Reuters

    US STOCKS-Tech stocks drive gains on Wall Street; Boeing weighs on Dow

    The S&P 500 and Nasdaq indexes rose on Monday as technology stocks were bolstered by signs of progress in resolving the prolonged U.S.-China trade dispute, while losses in Boeing capped gains in the blue-chip Dow Jones Industrials. White House adviser Larry Kudlow said tariffs scheduled for December could be withdrawn if talks go well, adding to optimism after China said it will work with the United States to address each other's core concerns.

  • US STOCKS-Wall Street rises on trade optimism; Boeing slides
    Reuters

    US STOCKS-Wall Street rises on trade optimism; Boeing slides

    Wall Street kicked off the week on an upbeat note on Monday after the United States and China showed some signs of progress in resolving their trade war, but a fall in Boeing's shares pressured the blue-chip Dow index. White House adviser Larry Kudlow said that tariffs scheduled for December could be withdrawn if trade negotiations go well, adding to optimism from remarks by President Donald Trump that a trade deal could be signed by mid-November. "Any kind of positive development on trade just gets people a little excited, although it is too optimistic to believe that they will reach a whole trade deal as early as mid-November," said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in New York.

  • TheStreet.com

    Jim Cramer: There Was Nothing Revelatory In Halliburton's Earnings

    Jim Cramer has some thoughts around Halliburton's quarter.

  • Halliburton Posts 3rd-Quarter Numbers
    GuruFocus.com

    Halliburton Posts 3rd-Quarter Numbers

    Earnings match analysts' expectations, while revenue misses projections Continue reading...

  • Halliburton Writes the Script for Fracker Earnings
    Bloomberg

    Halliburton Writes the Script for Fracker Earnings

    (Bloomberg Opinion) -- Poor Halliburton, kicking off Monday morning with news it missed revenue estimates in the third quarter — especially in its main North America business — and then informing Wall Street’s finest this quarter looks pretty dire, too. No wonder the stock … jumped 8%?Put that down to two things. First, Halliburton Co. has lately been about as popular in the market as a fracker at an Elizabeth Warren rally. The stock had lagged the broader oilfield services sector so far this year (which is saying something), and short interest was at its highest level in almost four years. Earnings estimates, which Halliburton actually beat slightly, had collapsed already in January and stayed down. So anything short of catastrophe looked like a win. Second, Halliburton largely dispensed with the happy talk on its call. This is the bit to focus on.It is telling that Halliburton made a point of talking up the prospects for its international business, which generates less than half its revenue. Halliburton typically defines itself by its higher exposure to North America (and thereby the shale boom) vis-a-vis its big rival Schlumberger Ltd. Signing off after questions, though, CEO Jeff Miller declared he was “excited” about the prospects for the international business, while merely expressing confidence that Halliburton’s strategy for dealing with a weaker domestic business was working.That strategy is (more) cost-cutting and outlasting weaker rivals as the downturn in shale drilling and completion intensifies. There will be no holiday season in frackland if Halliburton’s outlook is anything to go by. While the third quarter is typically the busiest, Halliburton noted stage counts — the sections of a horizontal well that get fracked — had declined each month. The company idled more equipment than it had through the entire first half of the year. The outlook for the fourth quarter: “More of the same.” In particular, the number of completed wells might drop below the level of the fourth quarter of 2018, implying a drop of 13% from the quarter just gone. The number of wells drilled certainly points that way:This really shouldn’t come as a shock, given what’s been happening with the U.S. rig count and even the prices of hotel rooms in the Permian basin, where, like fracking equipment, spare capacity has piled up. The big question arising from Halliburton’s numbers and grim commentary — similar to Schlumberger’s — is what it portends for the rest of this earnings season as exploration and production companies report numbers.The mildly hopeful interpretation of the reduced activity weighing on Halliburton is that E&P companies have heeded the call and are diverting more cash flow away from drilling and toward investors. This is what the industry sorely needs in terms of both recovering trust from the financial markets — which look all but closed right now — and moderating the growth in U.S. oil production that is weighing on prices. Halliburton cited its clients’ free cash flow targets as one challenge on Monday’s call.On the other hand, notwithstanding Halliburton’s hopes for its international business, 2020 could be grim for oil and gas markets due to broader economic pressures, such as the trade war. That makes it even more imperative for frackers to show restraint, both to retain cash flow and rebalance supply with demand.Every signal, from their cost of capital to the gloom enveloping contractors, is telling E&P companies to cool it. Even the emergence of securitized “shale bonds” just reported by the Wall Street Journal, while nominally a sign of new capital flowing in, is a signal of desperate measures in desperate times. Apart from its usual services, Halliburton has provided its E&P clients with a script. They should follow it.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • TheStreet.com

    Let's Talk Stocks: Jim Cramer on Salesforce, Halliburton, Uber and Peloton

    Jim Cramer weighs in on Halliburton's quarter, the analyst actions surrounding Peloton and Uber's lock-up expiration.

  • Barrons.com

    Halliburton Stock Jumps Because the Company Is Cutting Costs

    (HAL) reported third-quarter earnings on Monday morning that met analyst expectations, but the stock jumped as executives said they’re aggressively cutting costs in North America and expect to maintain their competitive market position, despite slowing drilling activity. “Importantly, regardless of the cuts and idling of equipment, the size and scale of our business in North America give us the ability to drive a sustainable model without sacrificing our leadership position,” said CEO Jeffrey Allen Miller on the company’s earnings call. Halliburton was up 5.9% in recent trading.

  • Q3 Earnings Reports to Flood Wall Street This Week
    Zacks

    Q3 Earnings Reports to Flood Wall Street This Week

    Q3 Earnings Reports to Flood Wall Street This Week

  • Opioid Settlement, Boeing Downgrades: Markets Looking Up
    Zacks

    Opioid Settlement, Boeing Downgrades: Markets Looking Up

    Futures are up somewhat in this Monday's pre-market after a sell-off Friday. Much of the sentiment going forward will rely on Q3 results and other news items.

  • Halliburton meets earnings expectations, misses on revenue after Schlumberger's $11B net loss
    American City Business Journals

    Halliburton meets earnings expectations, misses on revenue after Schlumberger's $11B net loss

    Houston-based Halliburton Co. (NYSE: HAL) saw revenue decline both sequentially and year over year in the third quarter of 2019, while net income was down from 2018 but up from the prior quarter. The oil field services company's $5.55 billion in revenue was down 10 percent from Q3 2018 and down 6.4 percent from Q2 2019. International revenue was flat compared to Q2 2019 but up 10 percent year to date, while North American revenue dropped 11 percent sequentially, according to Halliburton's Oct. 21 press release.

  • Barrons.com

    The Dow Is Edging Up, With Brexit and Trade on Simmer, While Boeing Sentiment Sours

    Brexit uncertainty continues, and it is a fairly light morning for earnings reports, investors continue to hope that a U.S.-China trade deal could be inching closer.

  • Halliburton (HAL) Q3 Earnings Meet Estimates, Revenues Miss
    Zacks

    Halliburton (HAL) Q3 Earnings Meet Estimates, Revenues Miss

    Revenues from Halliburton's (HAL) international operations rose 6.9% from the year-ago period to $2.6 billion, an area that continues to exhibit growth momentum.

  • Halliburton Stock Could Bottom After Earnings
    TheStreet.com

    Halliburton Stock Could Bottom After Earnings

    Halliburton stock is rallying despite a less-than-thrilling earnings report. Does that make HAL stock a buy?

  • It's Difficult to Get Excited About the Upside Potential for Halliburton
    TheStreet.com

    It's Difficult to Get Excited About the Upside Potential for Halliburton

    I don't have any inkling to go short HAL this far in the hole. I'll wait for long triggers and sit it out until we get one.

  • Halliburton (HAL) Meets Q3 Earnings Estimates
    Zacks

    Halliburton (HAL) Meets Q3 Earnings Estimates

    Halliburton (HAL) delivered earnings and revenue surprises of 0.00% and -4.96%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • TheStreet.com

    [video]Let's Talk Stocks: Jim Cramer on Salesforce, Halliburton, Uber and Peloton

    Jim Cramer weighs in on Halliburton's quarter, the analyst actions surrounding Peloton and Uber's lock-up expiration.

  • Halliburton's Third Quarter Results Were Not Pretty
    TheStreet.com

    Halliburton's Third Quarter Results Were Not Pretty

    My oil services play remains Schlumberger. SLB has not performed much better over time than has HAL, but the market awards SLB a higher multiple.