|Bid||0.00 x 3200|
|Ask||29.44 x 2200|
|Day's Range||29.18 - 30.18|
|52 Week Range||24.70 - 54.91|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||14.52|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||0.72 (2.46%)|
|1y Target Est||38.67|
Halliburton is one of the largest oilfield services companies in the world, with hundreds of subsidiary businesses and affiliates. Read about their other holdings here.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he wouldn't buy Textron Inc. (NYSE: TXT ) because the stock failed to stay near the recent highs. Cramer thinks Halliburton Company (NYSE: ...
Oilfield services company Halliburton Company (NYSE: HAL ) reported forecast-beating first-quarter results Monday, yet the stock reacted with a modest move to the downside. The Analysts Raymond James analyst ...
When it comes to energy sector exchange traded funds that are highly correlated to oil prices and that provide important gauges of oil companies' spending plans, the V anEck Vectors Oil Services ETF (OIH) is one of the premier funds to consider. OIH, one of the largest oil services ETFs, is up about 28.40% this year. Furthermore, the oil services sector gained momentum after Schlumberger (SLB) , a bellwether for the oilfield services industry, revealed quarterly revenue that topped expectations and forecasted single-digit growth in international markets for 2019, Reuters reports.
The Zacks Analyst Blog Highlights: Schlumberger, Halliburton, Baker Hughes and Weatherford International
While the North America business environment remains challenging, both Schlumberger (SLB) and Halliburton (HAL) expect international drilling activity to continue with the broad-based recovery.
US Crude Oil Is Heading for a New High(Continued from Prior Part)Oil rig countLast week, the oil rig count fell by eight to 825—just nine more rigs than the lowest level since April 13, 2018. The rig count tends to follow US crude oil prices with
Better-than-expected revenue in North America, along with the company's claim that prices were bottoming out, initially drove shares in the oilfield services giant almost 5 percent higher after it published first quarter results. "I don't think there was anything in there to get people off the sidelines," said Jennifer Rowland, an analyst at brokerage Edward Jones, arguing the company's comments fell short of what was needed to shift sentiment around the industry. Halliburton and larger rival Schlumberger NV have been struggling with a tightening of spending by U.S. oil producers in response to shareholder pressure for greater returns following a period of heavy investment in shale.
stock closed almost flat on Monday, down 13 basis points, after the company reported its first-quarter earnings. Shares initially rallied earlier in the day, but then fell into negative territory before rebounding in the afternoon portion of Monday's trading session. What do investors make of this price action?
Oilfield services firm Halliburton just released its outlook for the rest of 2019, and in contrast to its competitor Schlumberger, the company sees a rebound in U.S. shale
Halliburton said the "worst in the pricing deterioration is now behind us" after rival Schlumberger warned of weak U.S. shale activity.
Stocks end mixed Monday as oil prices rise following a move by the Trump administration to end waivers issued to eight countries allowing them to buy Iranian oil without facing U.S. sanctions.
Stocks ended Monday’s session mixed as investors awaited quarterly results from an onslaught of major corporations across sectors, with consensus estimates pointing to a broad-based decline in earnings over last year.
Brent crude futures closed 2.9 percent higher Monday after U.S. Secretary of State Mike Pompeo said no more waivers will be issued on sanctions aimed at isolating the Islamic Republic. In response, Iran threatened to shut the Strait of Hormuz, a key maritime chokepoint for Persian Gulf producers, and said it’s engaged in “intensive” talks with partners to blunt the impact of Trump’s escalation.
Both oil field services companies also met or exceeded analysts’ average estimates for the first quarter of 2019.
Schlumberger said last week that investments by oil producers in international markets will increase by 7 percent to 8 percent this year, citing a 20 percent increase last quarter in offshore rig counts and growing exploration activity in Latin America, Africa and Asia. Halliburton's international revenue rose 11 percent in the first quarter, driven by gains in Mexico, Argentina and the Middle East.
The stock has been a bit of a roller coaster Monday morning trading to $32, then down under $30.70, before finding buyers. Bulls managed to find green again shortly before the noon hour, something not common for post-earnings Halliburton.