Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...

Halliburton Company (HAL) is set to release first-quarter results on April 22. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 60 cents per share on revenues of $5.3 billion.Let’s delve into the factors that might have influenced the oilfield service firm’s performance in the March quarter. But it’s worth taking a look at HAL’s previous-quarter performance first.Highlights of Q4 Earnings & Surprise HistoryIn the last reported quarter, this Houston, TX-based provider of t ...

Core Insights - Halliburton and Nabors Industries have achieved a significant milestone by completing the first fully automated rotary and slide drilling operations in Oman, setting a new standard for land-based drilling in the oil and energy sector [1][9] - The integration of Halliburton's LOGIX automation platform and Nabors' SmartROS rig operating system has enabled a closed-loop drilling system that enhances operational efficiency and real-time decision-making [2][3] Group 1: Technological Advancements - The collaboration showcases how digital ecosystems can transform complex drilling operations into streamlined, autonomous processes, enhancing precision and performance [3][4] - The automation of drilling processes has led to wells being completed ahead of schedule, with improved drilling rates and reduced non-productive time, establishing a benchmark for future digital drilling initiatives [2][5] Group 2: Economic Impact - The immediate impact of this technological advancement is a reduction in well construction timelines, which is crucial for the economic viability of oil and gas projects in the region [5][6] - As global energy demands increase, the need for faster, safer, and more cost-effective drilling operations becomes essential, making this development strategically important for the Middle East and global markets [6][9] Group 3: Future Outlook - The success in Oman serves as a proof of concept for the industry's progression toward fully autonomous drilling, with digitally enabled rigs capable of self-optimizing in real time becoming the new standard [7][8] - This achievement not only benefits Halliburton and Nabors but also represents a win for the entire sector and regions reliant on efficient resource development [8][9]

Halliburton Stock Forecast Today12-Month Stock Price Forecast:$37.3745.23% Upside Moderate BuyBased on 20 Analyst RatingsCurrent Price$25.73High Forecast$45.00Average Forecast$37.37Low Forecast$29.00Halliburton Stock Forecast DetailsHalliburton NYSE: HAL is a good buy for many reasons, but several stand out for 2025, including improving market sentiment, cash flow, and capital return. This is a look at five of them and what they mean for the share price. The bottom line is that the oilfield services company ...

Company Performance - Halliburton's stock closed at $25.70, reflecting a slight increase of +0.04% from the previous trading day, outperforming the S&P 500 which fell by 1.12% [1] - Over the past month, Halliburton's stock has decreased by 2.06%, underperforming the Oils-Energy sector's gain of 3.39% and the S&P 500's loss of 2.91% [2] Upcoming Earnings - Halliburton is set to release its earnings report on April 22, 2025, with an expected EPS of $0.61, representing a decline of 19.74% from the same quarter last year [3] - The consensus estimate for revenue is $5.26 billion, indicating a 9.29% decrease compared to the previous year [3] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.63 per share and revenue of $22.28 billion, reflecting changes of -12.04% and -2.89% respectively from the prior year [4] - Recent adjustments to analyst estimates may indicate shifting business dynamics, with positive changes suggesting analyst optimism regarding Halliburton's profitability [4] Valuation Metrics - Halliburton currently has a Forward P/E ratio of 9.75, which is lower than the industry average Forward P/E of 15.06, indicating a potential undervaluation [7] - The company has a PEG ratio of 3.61, compared to the industry average PEG ratio of 1.68, suggesting that Halliburton's expected earnings growth is not being fully reflected in its stock price [8] Industry Context - Halliburton operates within the Oil and Gas - Field Services industry, which ranks in the bottom 33% of all industries according to the Zacks Industry Rank [9] - The Zacks Industry Rank evaluates the performance of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]

U.S. oilfield service giant Halliburton Company (HAL) has had a rough ride over the past year, tumbling more than 34% and underperforming the Zacks Oil and Gas Field Services industry, which lost 11.4%, and rival SLB (SLB) , which is down 24.5%. The culprit? Halliburton’s heavy reliance on North America, a region facing softening drilling activity and pricing pressure. More than 40% of Halliburton’s revenues come from North America — far more than SLB’s 20% and Baker Hughes’ (BKR) 25% — leaving it more vuln ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Halliburton (HAL) .Halliburton currently has an average brokerage ...

Company Performance - Halliburton's stock closed at $24.19, reflecting a +0.17% change, which underperformed compared to the S&P 500's gain of 1.12% on the same day [1] - Over the past month, Halliburton's shares have decreased by 8.31%, which is worse than the Oils-Energy sector's loss of 5.86% and the S&P 500's loss of 4.13% [1] Earnings Projections - Halliburton is expected to report earnings of $0.61 per share, indicating a year-over-year decline of 19.74% [2] - The consensus estimate for revenue is projected at $5.27 billion, reflecting a 9.27% decrease from the same quarter last year [2] - For the full year, earnings are projected at $2.64 per share and revenue at $22.28 billion, representing declines of -11.71% and -2.88% respectively from the previous year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Halliburton suggest a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system currently rates Halliburton at 4 (Sell), with a downward shift of 1.43% in the consensus EPS estimate over the past month [6] Valuation Metrics - Halliburton is trading with a Forward P/E ratio of 9.16, which is lower than the industry's average Forward P/E of 13.27 [7] - The company has a PEG ratio of 3.39, compared to the Oil and Gas - Field Services industry's average PEG ratio of 1.49 [7] Industry Context - The Oil and Gas - Field Services industry, which includes Halliburton, holds a Zacks Industry Rank of 147, placing it in the bottom 42% of over 250 industries [8]

Halliburton Company (HAL) and Sekal AS recently made a technology breakthrough in upstream oil operations by deploying the world’s first automated on-bottom drilling system. The automation breakthrough was achieved by integrating Halliburton’s LOGIX™ automation, Sekal’s DrillTronics® and an advanced rig automation control system that allows real-time drilling optimization with the push of a button. By leveraging real-time models of subsurface conditions and fluid dynamics, the system ensures precise well pl ...

Core Insights - Halliburton Company has introduced the EcoStar® electric tubing-retrievable safety valve (eTRSV) technology, marking a significant advancement in well safety and efficiency services [1] - The eTRSV technology aims to eliminate hydraulic actuations from safety valve systems, enhancing operational efficiency and personnel safety while reducing infrastructure needs [4][6] Group 1: Technological Innovation - The EcoStar eTRSV represents a breakthrough in the upstream oil industry, streamlining operations and improving field economics [4] - This second-generation product builds on the success of the first electric TRSV, which won the OTC Spotlight on New Technology Award in 2017 [1][7] - The eTRSV enhances reliability by isolating actuation components from tubing fluid and pressure, incorporating real-time position sensing and valve health monitoring [6] Group 2: Market Position and Growth Potential - Halliburton's focus on automation, electrification, and digital solutions is expected to drive long-term revenue growth and strengthen customer relationships [2][3] - The full electrification of wellbores through eTRSV is anticipated to improve completion performance and maximize asset value for customers [5] - The introduction of eTRSV aligns with operators' priorities for efficiency and cost reduction, creating a positive trajectory for Halliburton and its stakeholders [3]