Shares of Halliburton Company (HAL) have dropped by more than 15% over the past three months to close at $31.85 on Monday, near 52-week lows of $30.31. Underperforming the sector and the S&P 500, the drop can be attributed to weaker North American activity and a lower margin outlook.3-Month Price Performance Image Source: Zacks Investment ResearchOn the surface, the current share price seems an excellent opportunity to build a position in a renowned company — after all you would much rather buy closer to th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 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 (Exact name of registrant as specified in its charter) Delaware 75-2677995 (State or other jurisdict ...

Former President Trump’s improving odds of a second term have already influenced investor behavior. The “Trump trade” is gradually being priced into various sectors.However, there is a long way to go for some undervalued Trump stocks that are still poised to benefit from his potential victory.Market volatility has risen with President Joe Biden stepping back and Vice President Kamala Harris’ inevitable nomination. Still, recent PredicIt consensus shows Trump narrowing his edge slightly over Harris, giving h ...

Long-term stocks are, by definition, stocks that investors plan to hold for a year or longer. Owning these stocks allows investors to ignore the daily ups and downs of the market. These are known as sleep-at-night stocks, and they never go out of style.  That strategy was put to the test in the last 18 months. The number of stocks posting significant gains was limited to a select few, mostly in the technology sector. That meant some investors may have been having some restless nights. But heading into the s ...

Energy stocks soared in 2022 as prices rose with a rapid rise in demand after COVID lockdowns were lifted and supply shocks due to the Ukrainian war. However, they have since declined, suffering a big blow in 2023 when energy prices remained flat. Heightened oil prices at the start of 2024 boosted energy stocks. However, heating oil prices and natural gas prices have been on the decline. Current prices for all energy products remain below their 2022 peak. This shows you that energy stocks are super volatile ...

Halliburton (HAL) and SLB (SLB) are two of the biggest names in the oilfield service space, and both came up with their second-quarter 2024 results on Friday, Jul 19. Let’s do a comparative analysis of the Zacks Rank #4 (Sell) companies’ reported numbers. You can see the complete list of today’s Zacks #1 Rank stocks here.Earnings & RevenuesHalliburton reported second-quarter 2024 adjusted net income per share of 80 cents, in line with the Zacks Consensus Estimate and above the year-ago quarter profit of 77 ...

Loading...Loading...Halliburton Company HAL reported worse-than-expected second-quarter revenue results on Friday.Halliburton reported second-quarter 2024 revenue of $5.833 billion, missing the consensus of $5.949 billion. EPS of 80 cents was in line with the consensus, according to data from Benzinga Pro.Completion and Production revenue was $3.4 billion, flat Q/Q, while Drilling and Evaluation revenue came in at $2.4 billion, flat Q/Q.International revenue was $3.4 billion, an increase of 3% Q/Q, with rev ...

Trump's likely policies in a potential second term could provide catalysts for these stocks.Republicans now officially have their presidential candidate. Former President Donald Trump cruised to his third nomination at the Republican National Convention last week.Less than four months remain before Americans go to the polls to cast their votes. However, it's not too soon for investors to begin considering which stocks might perform well under different presidential candidates.At least one investor has start ...

Halliburton Company (HAL) reported second-quarter 2024 adjusted net income per share of 80 cents, in line with the Zacks Consensus Estimate and above the year-ago quarter profit of 77 cents (adjusted). The robust numbers reflect strength in the international markets.Meanwhile, revenues of $5.8 billion were $35 million higher than the corresponding period of 2023 but missed the Zacks Consensus Estimate of $6 billion due to weak performance in the North American region.Inside Halliburton’s Regions & SegmentsN ...

Key TakeawaysHalliburton shares fell Friday morning after the company reported revenue that missed estimates as its U.S. operations lost ground.North American revenue slumped 8% amid a decline in U.S. pressure pumping services and a drop in Gulf of Mexico activity.The company's international revenue rose on high demand and activity levels, as well as "equipment tightness" in key drilling areas. Halliburton (HAL) shares slumped Friday as the big oilfield services provider’s U.S. business declined. The compan ...