Halliburton Company (HAL) , a leading U.S.-based oilfield services firm, is engaged in major talks with Iraq and is close to finalizing a deal for the development of the Nahr Bin Omar oilfield. The state-owned oil company of Iraq, Basra Oil Company (BOC), has announced that Halliburton and the country’s oil ministry are anticipated to sign a confidentiality agreement in the coming days. Once the deal is signed, Iraq will present the necessary information related to the Nahr Bin Omar field to Halliburton, in ...

Halliburton Company (HAL) is set to release fourth-quarter results on Jan. 22. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 70 cents per share on revenues of $5.6 billion.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let’s delve into the factors that might have influenced the oilfield service firm’s performance in the December quarter. But it’s worth taking a look at HAL’s previous-quarter performance first.Highlights of Q3 Earnings & Surprise ...

With every passing year, the energy needs of not only the US, but the world, increase. This is because of a continuously growing population and what all is needed to make such a large system function. Even though the path forward looks positiveCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in- ...

Analysts on Wall Street project that Halliburton (HAL) will announce quarterly earnings of $0.70 per share in its forthcoming report, representing a decline of 18.6% year over year. Revenues are projected to reach $5.64 billion, declining 1.7% from the same quarter last year.The current level reflects a downward revision of 3.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ov ...

The Energy sector has come back to life in 2025. While the year is just a handful of trading sessions old, we’ve seen a rotation from last year’s winners into its laggards. Of course, that means a bid for beaten-down oil & gas names. SharesFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is puttin ...

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 ...

The market expects Halliburton (HAL) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 22, 2025, might help the stock move higher if these key numbers are ...

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 ...