Halliburton Stock News

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) launched EarthStar® 3DX, the industry's first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit. The capability to gather real-time data allows operators to identify hazards and make informed decisions. “EarthStar 3DX service is...

WINDHOEK, Namibia--(BUSINESS WIRE)--Rhino Resources (OTC: RHNO) and Halliburton (NYSE: HAL) announced the delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia. Halliburton's collaborative approach and integrated services were instrumental in Rhino's success as the block's operator. These exploration wells are the first to be completed en...

I rate Halliburton as a Hold with a $21 price target based on a 2025 adjusted EPS of $2.33, reflecting bearish oil price outlook. Economic uncertainty, potential U.S. recession, and OPEC+ production increases contribute to a bearish outlook for the oil field service sector through 2025. Halliburton's revenues and margins are pressured by lower oil prices, with significant downside risks if WTI ...

Savvy investors know that buying leading growth stocks is the best way to profit long term. But there's a rush to buy the dip in the S&P 500.

Finding value in today's market is what most investors are after. Given where broad market-based multiples sit, many investors who may be sitting on the sidelines may be doing so for fear that these multiples may have gotten ahead of the market's medium-term potential.

Halliburton shares have declined 50% due to slowing energy activity, particular in US oil production, and fear of recession. The company has a solid balance sheet, high free cash flow yield, and is returning capital to shareholders through buybacks and dividends. The stock is trading at historically low valuations, presenting a potential upside if the energy sector stabilizes.

U.S. environmental groups say they are preparing for a legal showdown with the White House over its sweeping efforts to sidestep federal regulations on oil, gas and coal development.

Oil services company Halliburton (HAL -6.52%) delivered a first-quarter report that met analysts' expectations, but also warned of troubles ahead. Investors were disappointed, sending Halliburton shares down by as much as 10% at the open and down by 6% as of 1:28 p.m.