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 ...

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 ...

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 ...

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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______to_______ Commission File Number 001-03492 HALLIBURTON COMPANY Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12 ...

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.Over the past month, shares of this provider of drilling services to oil and gas operators have returned -1%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Oil and Gas - Field Services industry, which Halliburton falls in, has lost 6.5%. The key question now is: What could be the s ...

On Jan 19, 2024,Schlumberger (SLB) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.84 per share, before the market opened. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.38%. A quarter ago, it was expected that this world's largest oilfield services company would post earnings of $0.77 per share when it actually produced earnings of $0.78, de ...

Halliburton Co (NYSE:HAL) Q4 2023 Earnings Conference Call January 23, 2024 9:00 AM ET Company Participants David Coleman - Senior Director of IR Jeffrey Miller - President, CEO & Chairman Eric Carre - EVP & CFO Conference Call Participants David Anderson - Barclays Bank Neil Mehta - Goldman Sachs Group Arun Jayaram - JPMorgan Chase & Co. Kurt Hallead - The Benchmark Company Scott Gruber - Citigroup James West - Evercore ISI Stephen Gengaro - Stifel, Nicolaus & Company Marc Bianchi - TD Cowen Luke Lemoine - ...

Halliburton Company (HAL) reported fourth-quarter 2023 adjusted net income per share of 86 cents, surpassing the Zacks Consensus Estimate of 80 cents and well above the year-ago quarter profit of 72 cents (adjusted). The outperformance reflects strength in the international markets, partly offset by weak performance in the North American region.Meanwhile, revenues of $5.7 billion were 2.8% higher than the corresponding period of 2022 but came below the Zacks Consensus Estimate (by some $47 million).In good ...

For the quarter ended December 2023, Halliburton (HAL) reported revenue of $5.74 billion, up 2.8% over the same period last year. EPS came in at $0.86, compared to $0.72 in the year-ago quarter.The reported revenue represents a surprise of -0.80% over the Zacks Consensus Estimate of $5.79 billion. With the consensus EPS estimate being $0.80, the EPS surprise was +7.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...