|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||37.62 - 39.08|
|52 Week Range||35.75 - 57.86|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||348.62|
|Earnings Date||Oct 22, 2018|
|Forward Dividend & Yield||0.72 (1.89%)|
|1y Target Est||51.36|
While Schlumberger Ltd., Halliburton Co. and Baker Hughes are projected to report third-quarter earnings that are higher year-on-year, analysts have been cutting their estimates in recent weeks, as it becomes clear the U.S. shale market will cool off. Here are some of the things to look for in the earnings reports, starting with Schlumberger, which is scheduled to publish its numbers on Friday before the start of trading. America’s busiest oilfield is slowing down because of maxed-out pipelines, budget exhaustion and greater investor scrutiny of explorer spending.
Halliburton (HAL) has seen quite a few target price revisions in October. On October 12, Société Générale cut its rating for Halliburton from “buy” to “hold.” On October 10, Barclays cut its target price for Halliburton from $60 to $52. On October 8, HSBC cut its target price for the stock from $56 to $51. On October 3, Wells Fargo cut its target price for Halliburton from $58 to $55. Currently, Halliburton’s mean target price is $51.4.
Pipeline takeaway capacity constraints in the Permian Basin seems to be the primary reason for apprehension about Halliburton's (HAL) Q3 results.
So far, Halliburton (HAL) has fallen ~20% in 2018. The company has underperformed its peers during this period. Schlumberger (SLB) and Baker Hughes (BHGE) have fallen 14% and 5%, respectively, during the same period. National Oilwell Varco (NOV) has risen 15% YTD (year-to-date). The VanEck Vectors Oil Services ETF (OIH) has fallen 8% during the same period. Halliburton fell significantly after its second-quarter earnings. The company announced that it expects temporary softness in the North America market.
Halliburton (HAL) operates through two segments—Completion and Production and Drilling and Evaluation. The Completion and Production segment contributed 78% of Halliburton’s second-quarter operating income. Halliburton’s Completion and Production segment’s operating income rose 34% sequentially in the second quarter driven by growth in pressure pumping and artificial lift activity in the US land sector.
Christopher Earnest, Partner, Houston Office of Compensation Advisory Partners By John Jannarone A slew of companies have been in the crosshairs of proxy advisors due to their approach to so-called Say on Pay practices. In the energy sector, for example, the likes of Halliburton, C&J, and Parker Drilling faced criticism for failing to conduct appropriate […]
Halliburton’s (HAL) third-quarter revenues are expected to be $6.1 billion—flat compared to its revenues in the second quarter. Halliburton’s revenues grew 24% year-over-year in the second quarter. Halliburton’s expected revenues in the third quarter are 12.7% higher than the same quarter last year.
Halliburton (HAL) is scheduled to release its third-quarter earnings on October 22. Analysts expect Halliburton’s EPS to be 49.1 cents in the third quarter—16.9% higher than the company’s EPS in the third quarter of 2017. The expected EPS is 15.3% lower than Halliburton’s EPS in the second quarter. Halliburton beat its EPS estimates in nine of the last ten quarters.
Last week, the oil rig count rose by eight to 869—more than a 3.5-year high. The US oil rig count tends to follow US crude oil prices with a three to six-month lag. In February 2016, US crude oil prices fell to the lowest closing level in 12 years. Between February 11, 2016, and October 15, 2018, US crude oil active futures rose 173.9%.
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.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
Halliburton (HAL) currently has a Zacks Rank #5 (Strong Sell). Moreover, the company's expected long-term earnings per share growth rate is lower than the industry average.
Last week, the oil rig count fell by two to 861, eight below its 3.5-year high. The US oil rig count tends to follow US crude oil prices with a three-month to six-month lag. In February 2016, US crude oil prices fell to their lowest closing level in 12 years. Between February 11, 2016, and October 8, 2018, US crude oil active futures rose 183.4%.
Last week, the oil rig count fell by three to 863—six below its 3.5-year high. The US oil rig count tends to follow US crude oil prices with a three to six-month lag. In February 2016, US crude oil prices fell to the lowest closing level in 12 years. Between February 11, 2016, and October 1, 2018, US crude oil active futures rose 187.3%. The oil rig count reached a 6.5-year low of 316 in May 2016. Between May 27, 2016, and September 28, 2018, the oil rig count rose ~173.1%. Between May 27, 2016, and September 21, 2018, US crude oil production rose ~24.8%.
NEW YORK, Oct. 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of AbbVie ...
Helmerich & Payne’s (HP) revenues grew 30% YoY (year-over-year) in the quarter ending on June 30. Helmerich & Payne’s revenues started to fall in the first quarter of 2015. The company’s revenues started to grow again in the second quarter of 2016 and have maintained the upward trend.
Jim Cramer breezes through his take on callers' favorite stocks, including an insurance play that could be one-upped by a Cramer fave.
With the Federal Open Market Committee dropping its "accommodative" stance--take that with a grain of salt, of course, since the New York Fed owned $3.989 trillion of Treasury and Agency securities as of last week--earnings will once again come to the fore.
Last week, the oil rig count fell by one to 866, just three below its three-and-a-half-year high. The US oil rig count tends to follow US crude oil prices, with a three- to six-month lag. In February 2016, US crude oil prices fell to their lowest closing level in 12 years. Between February 11, 2016, and yesterday, US crude oil active futures rose 175%. The oil rig count reached a six-and-a-half-year low of 316 in May 2016. Between May 27, 2016, and September 21, 2018, the oil rig count rose ~174.1%, and between May 27, 2016, and September 14, 2018, US crude oil production rose ~24.8%.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting HAL. Over the last month, growth of ETFs holding HAL is favorable, with net inflows of $14.51 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.