HAL Stock Recent News
HAL LATEST HEADLINES
HAL and Sekal jointly deliver a fully automated on-bottom drilling system to Equior, optimizing well placement with real-time automation.
In the closing of the recent trading day, Halliburton (HAL) stood at $25.92, denoting a -1.18% change from the preceding trading day.
HAL's EcoStar eTRSV is all set to transform the oilfield industry by eliminating hydraulic actuations and enhancing well safety and efficiency.
While the top- and bottom-line numbers for Halliburton (HAL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today that its board of directors has declared a 2025 first quarter dividend of seventeen cents ($0.17) a share on the Company's common stock payable on March 26, 2025, to shareholders of record at the close of business on March 5, 2025. About Halliburton Halliburton is one of the world's leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services.
HAL's heavy North American exposure, margin compression and slowing international growth paint a challenging picture for the company in 2025.
The June/July 2024 Fortune Magazine revealed 500 biggest U.S. companies by revenue and profits. Arnold-research focused on January industry-leaders using YCharts 1/30/25 data for profits from 63. Those 63 Fortune 500 industry leaders (F500IL) were segmented into 21 business sectors ranging (alphabetically) from aerospace/defense to wholesalers. By yield, MO topped-all F500IL. Top-ten Yields from JNJ. SO, PEP, XOM, ADM, T, CVS, UPS, ET, and MO, averaged 4.67% in January.
HAL secures its largest drilling contract from Petrobras for several offshore fields in Brazil, expanding its drilling services footprint.
North America is expected to be softer in 2025.
While oil and gas prices remain fairly stable, upstream activity levels appear to have peaked, particularly in North America. Weak demand growth and solid supply growth likely mean that this situation will persist, unless economic conditions soften. As a result, Halliburton's revenue and margins are likely to remain under pressure, making the company's seemingly low P/E ratio somewhat irrelevant.