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Halliburton Company (HAL) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-03-14 14:06
Halliburton (HAL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this provider of drilling services to oil and gas operators have returned +6.8% over the past month versus the Zacks S&P 500 composite's +4.4% change. The Zacks Oil and Gas - Field Services industry, to which Halliburton belongs, has gained 10.5% over this period. Now the key question is: Where could the stock ...
Halliburton (HAL) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Zacks Investment Research· 2024-03-12 22:51
Halliburton (HAL) closed at $36.75 in the latest trading session, marking a +0.25% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.12%. Meanwhile, the Dow gained 0.61%, and the Nasdaq, a tech-heavy index, added 1.54%.The the stock of provider of drilling services to oil and gas operators has risen by 6.17% in the past month, leading the Oils-Energy sector's gain of 4.79% and the S&P 500's gain of 2.06%.The investment community will be closely monitoring the perform ...
Halliburton First Quarter 2024 Earnings Conference Call
Businesswire· 2024-03-12 21:15
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, April 23, 2024, to discuss its first quarter 2024 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET). The Company will issue a press release regarding the first quarter 2024 earnings prior to the conference call. The press release will be posted on the Halliburton website at www.halliburton.com. Please visit the Halliburton website to listen to the call via live webcast. A recorded version ...
Europe's Secret Weapon In Its Energy War With Russia
Prnewswire· 2024-03-12 13:30
 FN Media Group Presents Oilprice.com Market Commentary LONDON, March 12, 2024 /PRNewswire/ -- If Germany fails to make up for its winding down of Russian natural gas imports, high-priced LNG imports, delayed nuclear power phaseout, and even restarting of dormant coal plants will be the outcome.   That consensus led Berlin, in early February, to earmark $16 billion for the construction of four major natural gas plants to meet electricity demand, in addition to expansion of renewable energies.   Companies me ...
Halliburton (HAL) Flat As Market Sinks: What You Should Know
Zacks Investment Research· 2024-03-05 23:51
Halliburton (HAL) closed the latest trading day at $35.18, indicating no change from the previous session's end. This move was narrower than the S&P 500's daily loss of 1.02%. On the other hand, the Dow registered a loss of 1.04%, and the technology-centric Nasdaq decreased by 1.65%.Heading into today, shares of the provider of drilling services to oil and gas operators had gained 1.88% over the past month, lagging the Oils-Energy sector's gain of 3.07% and the S&P 500's gain of 3.64% in that time.The inves ...
Europe's $800 Billion Energy Crisis Sparks Investment Frenzy
Prnewswire· 2024-03-04 13:00
FN Media Group Presents Oilprice.com Market Commentary LONDON, March 4, 2024 /PRNewswire/ -- The energy crisis that engulfed Europe after Western sanctions punished Russia's invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle East crisis and the Houthi war on the Red Sea could threaten future energy supplies.  Companies mentioned in this release include: TotalEnergies, MCF Energy, Halliburton Company (NYSE:HAL), Schlumberger Limited (NYSE:SLB), Enbridge Inc. (NYSE:ENB), G ...
Investors Heavily Search Halliburton Company (HAL): Here is What You Need to Know
Zacks Investment Research· 2024-02-28 15:01
Halliburton (HAL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this provider of drilling services to oil and gas operators have returned -5%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Oil and Gas - Field Services industry, which Halliburton falls in, has lost 4.7%. The key question now is: What could be ...
Halliburton Labs Appoints Pulakesh Mukherjee to Advisory Board
Businesswire· 2024-02-28 13:00
HOUSTON--(BUSINESS WIRE)--Halliburton Labs has announced Pulakesh Mukherjee, Partner, Imperative Ventures has joined its advisory board. Mukherjee brings extensive experience in energy systems, innovation, and venture capital to support Halliburton Labs’ collaborative environment where entrepreneurs, academics, investors, and experienced practitioners advance the future of energy faster. “ We are pleased to welcome Pulakesh as we help emerging companies achieve scale and growth,” said Dale Winger, managing ...
4 Oilfield Services Stocks Set to Escape Industry Weakness
Zacks Investment Research· 2024-02-19 14:56
Inflation is still high, resulting in increased costs for well completion and production activities. This is hurting the bottom line of oilfield service players. Strict capital discipline by upstream energy companies is also acting as a dampener, making the outlook for the Zacks Oil and Gas- Field Services industry gloomy.Among the companies in the industry that are likely to survive the business challenges are SLB (SLB) , Halliburton Company (HAL) , Weatherford International plc (WFRD) and Oceaneering Inte ...
3 Magnificent Stocks to Buy on the Dip: February 2024
InvestorPlace· 2024-02-06 00:32
While it’s a relative rarity because price generally discounts everything, that doesn’t mean you can’t find stocks to buy on dip. With thousands upon thousands of securities available, it’s impossible for analysts to track them all with equal weight. Further, the “in” securities tend to attract the most attention. After all, Wall Street isn’t about promoting a free and fair democracy.Instead, it’s about greed and hoarding as much profitability as possible and sticking losses to the other guy. But again, thi ...