Company Performance - Halliburton's stock closed at $19.97, reflecting a +0.3% change from the previous day, but lagged behind the S&P 500's daily gain of 2.05% [1] - The stock has decreased by 3.58% over the past month, underperforming the Oils-Energy sector's gain of 1.87% and the S&P 500's gain of 5.21% [1] Upcoming Earnings - Halliburton is expected to report an EPS of $0.57, which is a decline of 28.75% from the same quarter last year, with projected revenue of $5.46 billion, down 6.42% year-over-year [2] - For the full year, earnings are projected at $2.40 per share and revenue at $21.87 billion, indicating decreases of -19.73% and -4.67% respectively from the previous year [3] Analyst Estimates and Rankings - Recent consensus EPS projections have decreased by 3.4% in the last 30 days, and Halliburton currently holds a Zacks Rank of 4 (Sell) [5] - The Zacks Rank system has shown that 1 ranked stocks have yielded an average annual return of +25% since 1988, indicating the importance of analyst estimate revisions [5] Valuation Metrics - Halliburton has a Forward P/E ratio of 8.29, which is significantly lower than the industry average of 14.47, suggesting it is trading at a discount [6] - The company has a PEG ratio of 3.07, compared to the industry average of 2.4, indicating a higher expected earnings growth rate relative to its peers [7] Industry Context - The Oil and Gas - Field Services industry, part of the Oils-Energy sector, ranks 172 in the Zacks Industry Rank, placing it in the bottom 31% of all industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape [8]

Group 1: Market Overview - The U.S. oil services companies are facing bearish sentiment due to tariff uncertainty, geopolitical issues, and market volatility [1] - Crude oil prices in the low $60 range discourage drilling activities, negatively impacting oil service companies [2] - OPEC+ nations' decision to increase output is contributing to the downward pressure on crude prices [2] Group 2: Investment Opportunities - Contrarian investors may see potential for crude oil prices to rise as the U.S. shifts towards onshore manufacturing [2] - Oil prices could rise even without demand growth; a drop to around $55 could lead major oil companies to cut production, eventually increasing prices [3] - Three oil services companies are highlighted as potential investment opportunities if oil prices increase [3] Group 3: Company-Specific Insights - Baker Hughes (NASDAQ: BKR) has a 12-month stock price forecast of $49.11, indicating a 36.26% upside, despite being down 8.7% in 2025 [4] - Baker Hughes reported record adjusted EBITDA and maintained full-year guidance, expecting to improve margins through operational efficiency [5] - Halliburton (NYSE: HAL) has a 12-month stock price forecast of $33.53, suggesting a 68.38% upside, with 51% of its revenue coming from international operations [7][8] - Halliburton's current and forward P/E ratios are below sector averages, making it an attractive investment option [9] - Schlumberger (NYSE: SLB) has a market cap over $46 billion and a 12-month stock price forecast of $52.44, indicating a 57.50% upside [10] - SLB's P/E ratio is fairly valued compared to the sector average but at a discount to historical averages [11]

Core Insights - Halliburton has launched EarthStar 3DX, a next-generation 3D horizontal look-ahead resistivity service that enhances subsurface mapping by providing geological foresight up to 50 feet ahead of the drill bit [1][14] - The EarthStar 3DX system integrates ultra-deep resistivity sensing with a near-bit sensor system, allowing operators to proactively adapt drilling trajectories and maximize hydrocarbon extraction [2][6] Technology Advancements - The near-bit ultra-deep resistivity sensor in EarthStar 3DX enables early detection of geological variations, improving both pre-emptive and real-time decision-making [3][4] - This technology significantly reduces unnecessary course corrections and prevents premature exits from the reservoir zone, optimizing wellbore placement and improving drilling efficiency [4][6] Operational Efficiency - EarthStar 3DX maximizes reservoir contact by enabling continuous mapping of formation boundaries and fluid interfaces ahead of the drill bit, allowing for dynamic steering within productive zones [5][6] - The integration of real-time subsurface data enhances situational awareness and supports adaptive drilling strategies, reducing non-productive time and improving overall drilling performance [6][8] Strategic Initiatives - Halliburton's recent exploration wells in offshore Namibia and the deployment of an automated on-bottom drilling system in the North Sea highlight its global operational excellence and technical capabilities [12][13] - The company's focus on innovation and strategic partnerships positions it at the forefront of next-generation reservoir mapping and drilling optimization [10][14]

Core Insights - Halliburton Company and Rhino Resources have successfully completed the first two exploration wells on Block 2914 in Namibia, utilizing entirely local infrastructure, marking a significant milestone for the region's energy sector [1] - The partnership sets a new standard for energy development in Namibia, enhancing the country's position as a rising energy hub in Africa and potentially attracting further investment [2] - The initiative emphasizes local capacity building and education, with a focus on long-term benefits for Namibians through knowledge transfer [3] Local Capacity and Education - The Rhino-Halliburton Technology Centre, inaugurated in October 2024, aims to advance geoscience education and equip Namibian youth with essential skills for the energy sector [4] - The project reflects a commitment to not only explore geological potential but also to ensure sustainable development for the local community [3] Financial Implications - Halliburton's entry into Namibia represents a strategic move into a high-growth energy market, with the development of local infrastructure and a technology center indicating a long-term commitment that could lead to future revenue opportunities [6] - The contract secured by Halliburton from Rhino Resources includes the construction of multiple deepwater integrated wells and emphasizes the importance of localization in the oil and gas industry [5] Industry Context - Halliburton is one of the largest oilfield service providers globally, offering a range of services to various sectors, including energy and government [7] - Investors may consider other top-ranked energy stocks, such as Prairie Operating Co. and Global Partners LP, which are also experiencing significant growth projections [8][9][10][11]

Core Insights - Seeking Alpha introduces Jaime Perez as a new contributing analyst with over two decades of experience in equity research, particularly in the energy and clean technology sectors [2] Group 1 - Jaime Perez has a background as both a sell-side and buy-side equity research analyst, focusing on small to mid-cap companies [2] - The analysis provided by Jaime is independent and aims to be bias-free, as he is no longer affiliated with any financial institution [2] Group 2 - There is a disclosure stating that Jaime has no current stock or derivative positions in any companies mentioned, nor plans to initiate any within the next 72 hours [3] - The article emphasizes that past performance does not guarantee future results and that no specific investment recommendations are being made [4]

First Quarter 2025 Update NYSE Stock Symbol: HAL Common Dividend: $0.17 in the first quarter 2025 Shares Outstanding: 860 million as of 4/18/2025 Investor Relations Contacts David Coleman, Sr. Director Lyn Labahn, Director (281) 871-2688 investors@halliburton.com © 2025 Halliburton. All rights reserved. 1 Safe Harbor The statements in this presentation that are not historical statements are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous ...

1 Fourth Quarter 2024 Update NYSE Stock Symbol: HAL Common Dividend: $0.17 in the fourth quarter 2024 Shares Outstanding: 868 million as of 2/5/2025 Investor Relations Contacts David Coleman, Sr. Director Lyn Labahn, Director (281) 871-2688 investors@halliburton.com © 2025 Halliburton. All rights reserved. Safe Harbor 4 Strategic Priorities 8 Financial Results The statements in this presentation that are not historical statements are forward-looking statements within the meaning of the federal securities la ...

Core Viewpoint - The significant decline in shares of major oil and gas companies in April was primarily driven by a sharp drop in oil prices, marking the largest monthly decline since November 2021, influenced by geopolitical and economic factors [1][3][4]. Group 1: Stock Performance - Chevron, APA Corporation, and Halliburton experienced substantial stock declines in April, with decreases of 18.7%, 26.1%, and 21.9% respectively [1]. - Halliburton was the only company to report earnings in April, but its earnings report did not significantly impact the stock price decline [2][11]. Group 2: Oil Price Decline - Brent and WTI oil prices fell by 15% and 18% respectively in April, attributed to broader market concerns following the "Liberation Day" tariff announcements [3][5]. - The sell-off in oil prices was exacerbated by fears of a recession or stagflation due to the economic implications of the new tariffs [5][7]. Group 3: Future Outlook - The anticipated increase in oil production by Saudi Arabia starting in June could further suppress oil prices, as the country aims to regain market share [8][9]. - Halliburton's management indicated that upstream customers are reevaluating drilling plans due to tariff impacts, suggesting potential declines in demand and supply chain issues [12][13]. - The ongoing uncertainty in U.S.-China trade relations is likely to continue affecting oil demand negatively [13][14].

Group 1 - Halliburton Company's shares have declined by 50% over the past year [1] - The slowdown in US oil production activity has significantly impacted Halliburton, which derives over 40% of its revenues from this sector [1]

Core Insights - Halliburton reported $5.42 billion in revenue for Q1 2025, a year-over-year decline of 6.7% and an EPS of $0.60, down from $0.76 a year ago, with a revenue surprise of +3.04% over the Zacks Consensus Estimate of $5.26 billion [1] Revenue Performance - Latin America revenues were $896 million, below the average estimate of $908.50 million, representing a year-over-year decline of 19.1% [4] - Europe/Africa/CIS revenues reached $775 million, exceeding the estimated $737.29 million, with a year-over-year increase of 6.3% [4] - North America revenues totaled $2.24 billion, slightly above the estimated $2.19 billion, but down 12.2% year-over-year [4] - Middle East/Asia revenues were $1.51 billion, surpassing the estimated $1.42 billion, with a year-over-year increase of 6.3% [4] Segment Performance - Drilling and Evaluation revenues were $2.30 billion, exceeding the estimated $2.21 billion, but down 5.5% year-over-year [4] - Completion and Production revenues amounted to $3.12 billion, above the estimated $3.05 billion, with a year-over-year decline of 7.5% [4] Operating Income - Operating income for Completion and Production was $531 million, slightly below the estimated $540.02 million [4] - Corporate and other segments reported an operating loss of $66 million, better than the estimated loss of $81.18 million [4] - Operating income for Drilling and Evaluation was $352 million, compared to the estimated $356.73 million [4] Stock Performance - Halliburton shares have returned -16.3% over the past month, while the Zacks S&P 500 composite has changed by -4.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]