HAL Stock Recent News

Halliburton's (HAL) newly launched Sensori service integrates non-intrusive technologies, automated data collection and real-time subsurface information into a single solution.

Halliburton (HAL) came out with quarterly earnings of $0.80 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.77 per share a year ago.

Oilfield services firm Halliburton reported a rise in quarterly profit on Friday, helped by stable demand from international customers for its drilling equipment and services.

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today net income of $709 million, or $0.80 per diluted share, for the second quarter of 2024. This compares to net income for the first quarter of 2024 of $606 million, or $0.68 per diluted share and first quarter of 2024 adjusted net income2 of $679 million, or $0.76 per diluted share. Halliburton's total revenue for the second quarter of 2024 was $5.8 billion, sequentially flat. Operating income was $1.0 billion in the second.

Halliburton stock (NYSE: HAL), an energy company organized into the exploration, development, and production of oil and natural gas, is scheduled to report its fiscal second-quarter results on Friday, July 19. We expect HAL's stock to trade higher with revenues and earnings beating market expectations in its second quarter.

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

The past few months have been a bumpy time for Halliburton Company, as the stock materially underperformed the market. Despite a recent stock price decline, the company's financial performance remains strong, with revenue growth and improved operating income. Investors should keep an eye on upcoming financial results and industry trends to assess the company's future performance and potential for growth.

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) believes that combining its industry expertise with AIQ's AI-based solutions will help provide greater operational efficiency and asset value for its customers.

After an 8% decline since the beginning of the year, at the current price of around $34 per share, we believe Halliburton stock (NYSE: HAL), an energy company organized into the exploration, development, and production of oil and natural gas - has upside potential in the longer run. In comparison, HAL's peer SLB stock (NYSE: SLB) is down 10% this year to $47.