HAL Stock Recent News

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas. “We are pleased to join the NYSE Texas as a Founding Member. Halliburton is one of the largest international service companies with operations in over 70 countries around the world, and Texas is home to our global headquarters,” commented Jeff Miller, Chairman, President and CEO of Hall.

In the latest trading session, Halliburton (HAL) closed at $19.97, marking a +0.3% move from the previous day.

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today that its board of directors has declared a 2025 second quarter dividend of seventeen cents ($0.17) a share on the Company's common stock payable on June 25, 2025, to shareholders of record at the close of business on June 4, 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.

The headlines from President Trump's Middle East trip trumpeted the deals made by many of the leading technology companies. However, investors should note that the U.S. delegation included three oil services companies' chief executive officers (CEOs).

The oilfield services industry is once again facing a cyclical downturn, shaped by falling oil prices, reduced upstream spending, and mounting cost pressures. Companies like SLB SLB, Halliburton HAL and Baker Hughes BKR have all flagged a more challenging 2025, even as a few resilient areas offer some support.

HAL debuts EarthStar 3DX, the industry's first 3D horizontal look-ahead resistivity tool, enabling earlier formation detection for better drilling outcomes.

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) launched EarthStar® 3DX, the industry's first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit. The capability to gather real-time data allows operators to identify hazards and make informed decisions. “EarthStar 3DX service is the latest example of Halliburton's leadership in reservoir mapping technology,” said Jim Collins, vi.

HAL and Rhino Resources complete delivery of two exploration wells offshore Namibia, marking the first fully in-country completion.

WINDHOEK, Namibia--(BUSINESS WIRE)--Rhino Resources (OTC: RHNO) and Halliburton (NYSE: HAL) announced the delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia. Halliburton's collaborative approach and integrated services were instrumental in Rhino's success as the block's operator. These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton's newly established operational bases in Wal.

I rate Halliburton as a Hold with a $21 price target based on a 2025 adjusted EPS of $2.33, reflecting bearish oil price outlook. Economic uncertainty, potential U.S. recession, and OPEC+ production increases contribute to a bearish outlook for the oil field service sector through 2025. Halliburton's revenues and margins are pressured by lower oil prices, with significant downside risks if WTI falls below $55 per barrel.