Hydraulic fracturing and completions services
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What the Options Market Tells Us About Halliburton - Halliburton (NYSE:HAL)
Benzingaยท 2025-09-11 20:02
Core Insights - Deep-pocketed investors have adopted a bearish approach towards Halliburton, indicating potential significant market movements ahead [1] - The options activity for Halliburton shows a divided sentiment among investors, with 40% bullish and 50% bearish [2] - Significant investors are targeting a price range of $22.0 to $27.0 for Halliburton over the past three months [3] Options Activity - Recent options trading revealed 10 extraordinary activities, with 4 puts totaling $231,492 and 6 calls amounting to $319,119 [2] - The volume and open interest metrics provide insights into liquidity and investor interest in Halliburton's options, particularly within the $22.0 to $27.0 strike price range over the last 30 days [4] Company Overview - Halliburton is the largest oilfield service company in North America by market share, holding a leading position in hydraulic fracturing and completions, which constitutes nearly half of its revenue [10] - The company also excels in drilling and completions fluids, leveraging its expertise in material science and directional drilling [10] - Halliburton's innovations have significantly reduced development costs for oil producers, showcasing its operational expertise over a century [10] Market Status - Recent analyst ratings for Halliburton indicate a consensus target price of $31.0, with one analyst lowering their rating to Buy with a new target of $41, while another maintains a Neutral rating with a target of $21 [12][13] - Current trading volume stands at 6,023,568, with Halliburton's stock price at $22.34, reflecting a decrease of -1.17% [15]