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 ...

Halliburton Company (HAL) has introduced the Sensori fracture monitoring service that provides continuous measurement and visualization of the subsurface. The solution is cost-effective and uses automation for the measurement and visualization processes.The Sensori service integrates non-intrusive technologies, automated data extraction and processing, and real-time subsurface data into one solution.  The idea is to provide operators with visibility and control over fracture performance.The service acquires ...

Halliburton Company (NYSE:HAL) Q2 2024 Earnings Call Transcript July 19, 2024 8:30 AM ET Company Participants David Coleman - Senior Director, IR Jeff Miller - Chairman, President, and CEO Eric Carre - EVP and CFO Conference Call Participants Dave Anderson - Barclays Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs James West - Evercore ISI Luke Lemoine - Piper Sandler Saurabh Pant - Bank of America Scott Gruber - Citi Doug Becker - Capital One Marc Bianchi - TD Cowen Operator Good day and thank you for s ...

Halliburton (HAL) came out with quarterly earnings of $0.80 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this provider of drilling services to oil and gas operators would post earnings of $0.74 per share when it actually produced earnings of $0.76, delivering a surprise of 2.70%.Over the last four quarters, the company has surpassed consensus EPS estimates ...