HAL Stock Recent News
HAL LATEST HEADLINES
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
HAL's Octiv Auto Frac service enables the implementation of fracture design without any human intervention, improving efficiency and safety in frac operations.
HAL's Octiv Auto Frac revolutionizes fracture services with intelligent automation, enhancing operational consistency and reducing total costs for customers.
Halliburton (HAL) closed at $29.10 in the latest trading session, marking a -0.68% move from the prior day.
HAL's North American segment, which accounts for more than 40% of its total revenue, has experienced significant challenges.
Halliburton NYSE: HAL is an energy sector giant renowned for its oilfield services. The company has experienced recent headwinds that have deflated Halliburton's stock price to a 52-week low.
The latest trading day saw Halliburton (HAL) settling at $28.31, representing a -1.29% change from its previous close.
Halliburton's multi-year contract with Petrobras is a significant growth driver, enhancing its Latin American operations amid Petrobras' aggressive CapEx plans for 2024 and 2025. The recent cyberattack on Halliburton, while concerning, is unlikely to materially impact financials or investor sentiment due to its limited disruption. Despite challenging North American market conditions, Halliburton's international segments show strong growth, offsetting regional weaknesses and supporting overall revenue stability.
Shares of Halliburton (HAL) declined Tuesday after the biggest oilfield services provider warned it is facing financial losses from a cyberattack last month.
Energy giant Halliburton has confirmed its systems were hacked and that intruders “accessed and exfiltrated information” following a cyberattack last week.