Halliburton (NYSE: HAL ) stock has not performed well since the beginning of 2022. The shares have been floating around from the low forties to the $24 mark. Today, close to $28 and with a comfortable PE ratio of just 9, I consider HAL a good buy, consideringI am a dedicated financial risk manager and investor specializing in financials, consumer, and technology industries. I have been involved in the investing world for over seven years, making deep analyses and managing different types of portfolios.I bel ...

Company Overview - Halliburton (HAL) is expected to report a year-over-year decline in earnings due to lower revenues for the quarter ended December 2024, with a consensus EPS estimate of $0.70, reflecting an 18.6% decrease [3][10] - Revenues are anticipated to be $5.64 billion, down 1.7% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for January 22, 2025, and could lead to stock price movements depending on whether the actual results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 3.28% lower in the last 30 days, indicating a bearish sentiment among analysts [4][10] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a negative Earnings ESP of -0.73%, suggesting that analysts have become more pessimistic about Halliburton's earnings prospects [11] - The stock currently holds a Zacks Rank of 4 (Sell), complicating predictions of an earnings beat [11] Historical Performance - In the last reported quarter, Halliburton was expected to post earnings of $0.75 per share but delivered $0.73, resulting in a surprise of -2.67% [12] - Over the past four quarters, Halliburton has beaten consensus EPS estimates twice [13] Industry Context - In comparison, Schlumberger (SLB), a competitor in the oil and gas field services industry, is expected to report earnings of $0.90 per share for the same quarter, reflecting a year-over-year increase of 4.7% [17] - Schlumberger's revenue is projected to be $9.18 billion, up 2.1% from the previous year, but it also faces a negative Earnings ESP of -1.39% and a Zacks Rank of 5 (Strong Sell) [18]

Halliburton (HAL) ended the recent trading session at $27.75, demonstrating a +0.33% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 1.11%. Elsewhere, the Dow lost 0.42%, while the tech-heavy Nasdaq lost 1.89%.Shares of the provider of drilling services to oil and gas operators witnessed a loss of 4.88% over the previous month, beating the performance of the Oils-Energy sector with its loss of 11.62% and underperforming the S&P 500's loss of 1.7%.Analysts and inv ...

Core Insights - Halliburton (HAL) and Coterra Energy Inc. (CTRA) have collaborated to launch the Octiv Auto Frac service, which aims to revolutionize hydraulic fracturing in North America by automating the stage delivery process [1][10] - The Octiv Auto Frac service is integrated into HAL's ZEUS platform, enhancing operational efficiency, consistency, and control for operators [5][10] Group 1: Automation in Hydraulic Fracturing - Hydraulic fracturing is traditionally a manual and labor-intensive process, but the Octiv Auto Frac service automates this process, improving efficiency and reducing human error [2][3] - Coterra Energy is the first company to fully implement the Octiv Auto Frac service, aligning with its commitment to technological innovation [3][8] Group 2: Efficiency Gains - The initial rollout of the Octiv Auto Frac service resulted in a 17% increase in stage efficiency, highlighting the benefits of automation in reducing downtime and optimizing operations [6][12] - Following initial success, CTRA has expanded the use of the Octiv Auto Frac service across its Permian Basin completion programs, maximizing efficiency gains [7] Group 3: Technological Commitment - Coterra Energy is dedicated to leveraging advanced technologies to enhance operational performance, contributing to a broader industry shift towards automation [8][9] - The use of intelligent automation allows CTRA to execute hydraulic fracturing stages with greater consistency and control, improving overall operational efficiency [9][10] Group 4: Future Implications - The Octiv Auto Frac service represents a significant advancement in hydraulic fracturing technology, expected to drive further improvements in operational efficiency and cost-effectiveness for oil and gas companies [10][11] - By ensuring consistent results across all stages of fracture execution, the service enhances asset value for operators, helping them remain competitive in a demanding industry [11][12]

Halliburton Company (HAL) recently announced an accord with Optime Subsea, a Norwegian pioneer in offshore technology and subsea solutions. Upon acquisition, Optime Subsea's revolutionary umbilical-less technology will integrate with Halliburton’s Testing and Subsea division, which will help both companies gain global market access and further technological development.Benefits of Optime Subsea’s Acquisition by HALOptime Subsea, the company that dates back to 2015, has shown exceptional growth from being a ...

Company Performance - Halliburton's stock closed at $29.20, reflecting a +0.45% change from the previous trading day, underperforming the S&P 500 which gained 0.82% [1] - Over the past month, Halliburton shares have depreciated by 3.71%, compared to the Oils-Energy sector's loss of 2.1% and the S&P 500's gain of 0.8% [2] Earnings Estimates - Halliburton is expected to report earnings on January 22, 2025, with an EPS of $0.70, down 18.6% from the prior-year quarter, and revenue of $5.65 billion, down 1.47% from the prior-year quarter [3] - For the full year, earnings are projected at $3 per share and revenue at $22.99 billion, reflecting changes of -4.15% and -0.12% respectively from the previous year [4] Analyst Sentiment - Recent changes to analyst estimates for Halliburton indicate short-term business trends, with positive revisions suggesting analyst optimism regarding the company's profitability [4] - The Zacks Consensus EPS estimate has decreased by 1.74% over the last 30 days, and Halliburton currently holds a Zacks Rank of 4 (Sell) [6] Valuation Metrics - Halliburton has a Forward P/E ratio of 9.7, which is below the industry average of 19.12, indicating it is trading at a discount [7] - The company has a PEG ratio of 3.59, compared to the industry average of 1.17, suggesting a higher expected earnings growth trajectory relative to its peers [8] Industry Context - The Oil and Gas - Field Services industry, which includes Halliburton, holds a Zacks Industry Rank of 78, placing it in the top 32% of over 250 industries [8] - The strength of individual industry groups is measured by the Zacks Industry Rank, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]

Core Viewpoint - Halliburton Company (HAL) is facing significant challenges, with a notable decline in stock performance and disappointing quarterly results, suggesting caution for potential investors [1][4][13] Financial Performance - Halliburton reported adjusted net income per share of 73 cents for Q3, missing the Zacks Consensus Estimate of 75 cents and down from 79 cents in the previous year [4] - Revenues decreased by 1.8% year over year to $5.7 billion, falling short of projections of $5.8 billion [4] - North American revenues dropped 8.5% year over year to $2.4 billion, significantly impacting overall performance [5] Market Exposure - Approximately 40% of Halliburton's revenues come from North America, making it more vulnerable to regional downturns compared to peers like SLB and Baker Hughes, which have 20% and 25% exposure, respectively [6] - The North American market is expected to face seasonal budget exhaustion, potentially affecting full-year revenues and margins [7] International Operations - The international segment showed modest growth of 4% year over year, but faced challenges such as decreased drilling activity in the North Sea and project delays in the Middle East [8] Cybersecurity Issues - A cybersecurity breach in Q3 disrupted billing and collection processes, impacting free cash flow and earnings per share by an estimated 2 cents [9][10] - The incident led to a temporary suspension of the share repurchase program, limiting shareholder returns [10] Earnings Estimates - Earnings estimates for Halliburton have been revised downward, with 2024 EPS projections dropping by 4% to $3.00 and 2025 estimates falling by over 8% [11] Valuation Perspective - Halliburton is trading at a forward price-to-earnings (P/E) ratio of 9.33, which is above its 3-year low of 8.10, raising concerns about the justification of this premium given the company's challenges [11] Conclusion - Given the weak Q3 results, ongoing challenges in North America, international headwinds, and cybersecurity issues, Halliburton stock is considered a risky investment at this time [13]

Core Insights - Halliburton Company (HAL) has launched the Intelli suite of diagnostic well intervention wireline logging services aimed at enhancing well insights, increasing production, extending asset life, and reducing operational costs [1][14] Group 1: Intelli Suite Overview - The Intelli suite combines advanced technologies with Halliburton's expertise to provide a comprehensive solution for optimizing performance and improving operational efficiency [2] - The suite includes several key services: IntelliSat for reservoir insights, IntelliFlow for production logging, IntelliGuard for casing inspection, and IntelliScope for leak detection [3][5][7][9] Group 2: IntelliSat for Reservoir Insights - IntelliSat offers cutting-edge pulsed-neutron logging services that improve recovery rates by detecting bypassed pay zones and providing detailed measurements [3][4] - It delivers a more robust method for measuring reservoir saturation and monitoring fluid properties, aiding operators in making informed decisions [4] Group 3: IntelliFlow for Production Logging - IntelliFlow enhances reservoir insights through colocated fluid identification and flow rate sensors, allowing for accurate profiling of production [5][6] - It provides precision phase analysis and dynamic flow information critical for optimizing production and reducing operational costs [6] Group 4: IntelliGuard for Casing Inspection - IntelliGuard is a high-definition casing inspection service that detects and quantifies metal loss in multiple concentric casings, helping to identify potential integrity issues [7][8] - Its imaging capabilities allow for early detection of corrosion or damage, enabling preventative measures to extend asset life [8] Group 5: IntelliScope for Leak Detection - IntelliScope accurately locates leak sources and traces flow paths, ensuring swift detection of even the smallest leaks [9][10] - This service leads to quicker resolution times and reduces the need for extensive interventions [10] Group 6: Integration and Support - The Intelli suite allows for the integration of services, providing comprehensive data acquisition in a single run, which saves time and costs [11][12] - HAL's global network of geoscientists and production experts supports the Intelli suite, ensuring access to cutting-edge technologies and industry expertise [13] Group 7: Industry Impact - The Intelli suite represents a significant advancement in oil and gas technology, setting new standards in well intervention and production optimization [14]

One of the largest oil field service providers, Halliburton Company (HAL) , recently announced the launch of multiple facilities across Namibia, marking a significant step toward providing advanced energy solutions and boosting the nation’s economy in the oil and gas sector.An Insight Into HAL’s New FacilitiesHAL’s new Namibian facilities, having a combined footprint of about 20,000 m², will be located in different areas like Windhoek, Walvis Bay, Swakopmund and Lüderitz. The Windhoek facility will provide ...

GARHAM, BAVARIA, GERMANY - 2024/07/24: In this photo illustration, Halliburton Company logo seen ... [+] displayed on a tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images After a 15% decline since the beginning of the year, at the current price of around $30 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 potentia ...