|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||46.52 - 47.62|
|52 Week Range||38.18 - 57.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 23, 2018 - Apr 27, 2018|
|Forward Dividend & Yield||0.72 (1.53%)|
|1y Target Est||63.91|
Halliburton (HAL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Oil and Natural Gas Corp (ONGC) is set to hire international oil service giants for the first time to boost output from domestic oil fields in response to a government push to increase local supplies and cut expensive imports. ONGC, India's biggest explorer, has shortlisted U.S. oil service companies Halliburton, Schlumberger and GE subsidiary Baker Hughes to submit proposals on boosting production from two onshore fields, according to a document seen by Reuters. The three companies have until May to submit their proposals for what ONGC is calling a "production enhancement contract" for an oilfield in Assam and another in Gujarat.
Halliburton announced that its board of directors has declared a 2018 first quarter dividend of eighteen cents a share on the company’s common stock payable March 28, 2018, to shareholders of record at the close of business on March 7, 2018.
As the oil patch has retreated and rebounds, here are 10 ideas to play the recovery from a half-dozen experts who follow the energy sector and contribute to MoneyShow.com.
Halliburton warned that its first-quarter earnings would take a hit due to delays on delivery of a key ingredient used to hydraulically fracture shale wells: sand.
Halliburton (HAL) CEO Jeff Miller cited the company’s geographic diversity as part of its key strategy to garner solid growth in 4Q17. In the company’s 4Q17 earnings conference call, he stated that “geographic diversity is also a key component of our strategy and our international business proved resilient. Halliburton makes up 11.5% of the iShares US Oil Equipment & Services ETF (IEZ).
Halliburton's shares fell 2.5 percent after Weber's comments during a webcast presentation at the Credit Suisse Energy Summit. Shale drillers blast sand and water into wells to release trapped gas and oil inside the earth. "We got multiple sand operators whose operations in the region were impacted and from which we purchase about one-third of our total sand volumes," Weber said, adding that the delays would have an impact on Halliburton's operating efficiencies and utilization.
Halliburton's first-quarter earnings would be reduced by 10 cents per share due to delays in sand deliveries, a company executive said on Thursday.