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BOC holds rate, oil sinksTSX edges up, but Wall St. fear ratesFed, banking and recession fears pressure marketsThis summary was created by AI, based on 7 opinions in the last 12 months.
Halliburton Co. (HAL) is poised for mixed performance amid fluctuating oil market conditions. While some analysts express optimism regarding the company's growth potential, driven by rising global oil demand and tightening cash flows, others caution that increased domestic drilling could pressure profit margins. Recent reports revealed HAL's reliance on domestic business contrasts with competitors benefiting from international operations. Despite a bearish outlook from some quarters, repeated recommendations suggest maintaining positions with an upside target as high as $47. Overall, HAL's valuation appears favorable, trading at reasonable earnings multiples, although broader market sentiments remain cautious.
Based on valuation, this could bounce to $31.32, but oil is under pressure no matter who wins the US election.
A trump presidency will actually hurt oil stocks, because he will add more drilling. Better to look at oil services companies like HAL.
Neither. Look at the 10-year charts, both lower today than 10 years ago. When flush with money, make acquisitions; then when things turn nasty, take write downs. Result is less than zero value creation for shareholders. The only people making money are the executives.
They just topped EPS, but missed revenues, with US revenue falling sequentially. Guidance was positive with oilfield services to remain strong; their international business will drive growth (i.e. Middle East, Africa). They're also confident about their construction business.
The time to buy oil stocks was over a month ago, not now after the price of crude as surged. Where were these "buy" experts? He just sold some shares of HAL into strength to take profits.
Is bearish because Russia will keep selling deceitfully its oil around the world to fund its Ukraine war. Given this, he trimmed HAL.
Halliburton Co is a American stock, trading under the symbol HAL-N on the New York Stock Exchange (HAL). It is usually referred to as NYSE:HAL or HAL-N
In the last year, 5 stock analysts published opinions about HAL-N. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Halliburton Co.
Halliburton Co was recommended as a Top Pick by on . Read the latest stock experts ratings for Halliburton Co.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Halliburton Co In the last year. It is a trending stock that is worth watching.
On 2025-03-13, Halliburton Co (HAL-N) stock closed at a price of $24.34.
It reports Wednesday. SLB reported good numbers today, but that was more due to their overseas business. In contrast, HAL is more domestic, so HAL won't put up that surprise. He's bullish this name because Trump wants to drill for oil.