HAL Stock Recent News

Evaluate the expected performance of Halliburton (HAL) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Halliburton is expected to help Iraq increase its production from the Nahr Bin Omar field to 300,000 barrels per day (bpd) from its current 50,000 bpd.

Weakness in North American activity is likely to have impacted the fourth-quarter earnings of Halliburton (HAL).

Halliburton Company has faced a 17.7% stock decline since July 2024 despite trading cheaply and increasing oil and gas consumption. The Drilling and Evaluation segment showed revenue growth, but this was offset by declines in the Completion and Production segment. Despite mixed financial results, Halliburton's shares remain attractively priced, and future demand for its services is expected to rise.

Evaluate the expected performance of Halliburton (HAL) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Iraq and U.S. oil services firm Halliburton are close to finalising an agreement to develop the Nahr Bin Omar oilfield, the head of Iraq's Basra Oil Company (BOC) told Reuters on Thursday.

The Energy sector has revived in 2025, with a rotation into oil & gas laggards, boosting shares of companies like Halliburton. I have a buy rating on HAL, citing its single-digit earnings multiple, key chart support, and potential for a post-earnings jump. Despite a disappointing Q3 2024, HAL's strong free cash flow and potential international growth make it a compelling long-term investment.

Halliburton is a strong market player with a diversified portfolio and a global footprint, making it a solid investment at a PE ratio of 9. Despite recent revenue declines, HAL's buybacks, decent dividend yield, and optimistic oil prices suggest potential recovery and growth opportunities in 2025. HAL's balance sheet shows good near-term soundness, though high long-term debt remains a concern, with a forward PE ratio indicating undervaluation.

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.

Halliburton (HAL) closed at $27.75 in the latest trading session, marking a +0.33% move from the prior day.