Halliburton Co

HAL-N

Analysis and Opinions about HAL-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
February 25, 2020
(A Top Pick Mar 21/19, Down 35%) He sold this recently. Do you have the sell discipline or will you hang on and hope. Selling at a loss is tough to do. But consider what if you hadn't sold that stock a few years after selling it.
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Halliburton Co (HAL-N)
February 25, 2020
(A Top Pick Mar 21/19, Down 35%) He sold this recently. Do you have the sell discipline or will you hang on and hope. Selling at a loss is tough to do. But consider what if you hadn't sold that stock a few years after selling it.
COMMENT
COMMENT
September 18, 2019
It's beaten up with all oil companies. HAL is one of the biggest oil service companies in the world. One problem is domestic: a presence in the Permian Basin where it's been a big problem getting oil to market (no pipelines). This problem is starting to do well and things should improve.
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Halliburton Co (HAL-N)
September 18, 2019
It's beaten up with all oil companies. HAL is one of the biggest oil service companies in the world. One problem is domestic: a presence in the Permian Basin where it's been a big problem getting oil to market (no pipelines). This problem is starting to do well and things should improve.
TOP PICK
TOP PICK
March 21, 2019
They are trading at a 10 year low. They are bottoming but things are improving. The oil supply has righted itself. There were pipelines issues that have been largely overcome. Given the changing fundamentals, this is in a good position for the next couple of years. (Analysts’ price target is $38.45)
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Halliburton Co (HAL-N)
March 21, 2019
They are trading at a 10 year low. They are bottoming but things are improving. The oil supply has righted itself. There were pipelines issues that have been largely overcome. Given the changing fundamentals, this is in a good position for the next couple of years. (Analysts’ price target is $38.45)
PAST TOP PICK
PAST TOP PICK
October 3, 2018

(A Top Pick November 10/17 - Down 5%.) Continuous to like it. They have had some issues similar to what Canadian companies have in terms of not being able to get the product out. Not enough pipelines. It is happening in the Permian Basin, in Texas. Easier to solve there. He is expecting $2 a share in 2018 in terms of earnings and $3 next year and the stock is going to reflect that.

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Halliburton Co (HAL-N)
October 3, 2018

(A Top Pick November 10/17 - Down 5%.) Continuous to like it. They have had some issues similar to what Canadian companies have in terms of not being able to get the product out. Not enough pipelines. It is happening in the Permian Basin, in Texas. Easier to solve there. He is expecting $2 a share in 2018 in terms of earnings and $3 next year and the stock is going to reflect that.

COMMENT
COMMENT
January 25, 2018

An Oil/gas service company? This has done well and broken above its 200-day moving average. It’s broken through that and is now moving higher. The question is, where are oil prices going. If oil prices go too high or move too quickly, then people are going to turn on the taps and oil producers will come back online. On the other hand, they could start doing other things with the money, which would give room for oil prices to move higher. Finds it hard to believe oil will be back to $100, particularly with technology we are seeing these days.

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Halliburton Co (HAL-N)
January 25, 2018

An Oil/gas service company? This has done well and broken above its 200-day moving average. It’s broken through that and is now moving higher. The question is, where are oil prices going. If oil prices go too high or move too quickly, then people are going to turn on the taps and oil producers will come back online. On the other hand, they could start doing other things with the money, which would give room for oil prices to move higher. Finds it hard to believe oil will be back to $100, particularly with technology we are seeing these days.

Stan Wong

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Price
$55.200
Owned
Unknown
TOP PICK
TOP PICK
December 22, 2017

The oil service stocks are starting to show signs of seasonal strength. The seasonal period of strength is from the middle of December right through until the end of April. Technically, the stock completed a reverse head and shoulders pattern, implying upside. Dividend yield of 1.5%. (Analysts' price target is $54.)

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Halliburton Co (HAL-N)
December 22, 2017

The oil service stocks are starting to show signs of seasonal strength. The seasonal period of strength is from the middle of December right through until the end of April. Technically, the stock completed a reverse head and shoulders pattern, implying upside. Dividend yield of 1.5%. (Analysts' price target is $54.)

COMMENT
COMMENT
December 19, 2017

Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.

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Halliburton Co (HAL-N)
December 19, 2017

Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.

PAST TOP PICK
PAST TOP PICK
November 22, 2017

(A Top Pick May 5/17. Down 8%.) Has put this in the International portfolio, really in the context of trying to capture some of the recovery of the oil cycle. The majors are starting to do a little bit of spending. Thinks there is more upside here and it is very cheap.

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Halliburton Co (HAL-N)
November 22, 2017

(A Top Pick May 5/17. Down 8%.) Has put this in the International portfolio, really in the context of trying to capture some of the recovery of the oil cycle. The majors are starting to do a little bit of spending. Thinks there is more upside here and it is very cheap.

HOLD
HOLD
November 16, 2017

The #2 oil/gas services company globally, and the leader in US fracturing services. The stock has done nothing for a while because it is a pretty big conglomerate with a lot of debt and multiple services, with some areas still in the doldrums. Prefers some of the more pure-play companies in the US.

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Halliburton Co (HAL-N)
November 16, 2017

The #2 oil/gas services company globally, and the leader in US fracturing services. The stock has done nothing for a while because it is a pretty big conglomerate with a lot of debt and multiple services, with some areas still in the doldrums. Prefers some of the more pure-play companies in the US.

Alex Ruus

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Price
$41.510
Owned
Unknown
TOP PICK
TOP PICK
November 10, 2017

An oil service company. Along with the industry, they have come out of a trough that they hadn’t seen since the late 1980s. It was a very deep trough, and they are coming out of it. Their latest report was very upbeat. Rig counts are improving. They are gaining share internationally. Where just a week before, Schlumberger (SLB-N) had said their international business was suffering, this company came on and said “Ours isn’t”. Dividend yield of 1.6%. (Analysts’ price target is $54.)

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Halliburton Co (HAL-N)
November 10, 2017

An oil service company. Along with the industry, they have come out of a trough that they hadn’t seen since the late 1980s. It was a very deep trough, and they are coming out of it. Their latest report was very upbeat. Rig counts are improving. They are gaining share internationally. Where just a week before, Schlumberger (SLB-N) had said their international business was suffering, this company came on and said “Ours isn’t”. Dividend yield of 1.6%. (Analysts’ price target is $54.)

PAST TOP PICK
PAST TOP PICK
July 7, 2017

(A Top Pick May 5/17. Down 7.97%.) Has a positive outlook on energy. Ultimately OPEC is going to be partial to higher prices over time. If we get in the $50-$55 range, there is tightness in the rig count in the US and some softness in the summer on oil prices, which will be good for this company. He still likes the story.

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(A Top Pick May 5/17. Down 7.97%.) Has a positive outlook on energy. Ultimately OPEC is going to be partial to higher prices over time. If we get in the $50-$55 range, there is tightness in the rig count in the US and some softness in the summer on oil prices, which will be good for this company. He still likes the story.

TOP PICK
TOP PICK
May 5, 2017

Fundamentally, the oil markets need to take duration (?) from the fact that Saudi Aramco has gone public. Saudi’s are getting $2 trillion and are trying to get close to 3, so they are looking to cut supply. When they cut supply, we’ll see higher prices and they’ll make way for US shale. They are planning the next phase of the Saudi economy on the back of that monetized asset. To monetize their assets to the highs levels, they are going to need higher prices. That means there is going to be more drilling, and this company is leveraged to that story. Dividend yield of 1.6%. (Analysts’ price target is $64.50.)

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Fundamentally, the oil markets need to take duration (?) from the fact that Saudi Aramco has gone public. Saudi’s are getting $2 trillion and are trying to get close to 3, so they are looking to cut supply. When they cut supply, we’ll see higher prices and they’ll make way for US shale. They are planning the next phase of the Saudi economy on the back of that monetized asset. To monetize their assets to the highs levels, they are going to need higher prices. That means there is going to be more drilling, and this company is leveraged to that story. Dividend yield of 1.6%. (Analysts’ price target is $64.50.)

COMMENT
COMMENT
July 10, 2015

In general he has always recommended this company. It is excellent quality. Where he sees a challenge going forward is when you think about what is happening in the energy industry and other industries. Energy faces a couple of challenges of 1) low energy prices and 2) the environmental movement. Thinks offshore drilling is going to be under a lot of pressure going forward. You are essentially pouring $10 million into the ground, and maybe getting a pay off in 3, 4, 5 or 6, and that is a long time in a very uncertain world. They may not do as well as they have historically.

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In general he has always recommended this company. It is excellent quality. Where he sees a challenge going forward is when you think about what is happening in the energy industry and other industries. Energy faces a couple of challenges of 1) low energy prices and 2) the environmental movement. Thinks offshore drilling is going to be under a lot of pressure going forward. You are essentially pouring $10 million into the ground, and maybe getting a pay off in 3, 4, 5 or 6, and that is a long time in a very uncertain world. They may not do as well as they have historically.

BUY
BUY
December 1, 2014

These things are all getting beaten up for various reasons. In this case there is also an M&A. They will eventually be the largest energy services company in the world. Don’t sell it here. If it gets below the lows of the last couple of years you might want to sell it.

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Halliburton Co (HAL-N)
December 1, 2014

These things are all getting beaten up for various reasons. In this case there is also an M&A. They will eventually be the largest energy services company in the world. Don’t sell it here. If it gets below the lows of the last couple of years you might want to sell it.

BUY
BUY
November 24, 2014

He is particularly interested in it after their acquisition. It is cheaper than SLB-N.

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Halliburton Co (HAL-N)
November 24, 2014

He is particularly interested in it after their acquisition. It is cheaper than SLB-N.

HOLD
HOLD
November 18, 2014

With the recent bid for Baker Hughes, the price has fallen 10%. He is really dumbfounded by this whole situation. This was rumoured last Friday and they met all weekend. He finds this thing to be absurd and he just doesn't get it. If you own it, let this thing play out and see where it is going.

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Halliburton Co (HAL-N)
November 18, 2014

With the recent bid for Baker Hughes, the price has fallen 10%. He is really dumbfounded by this whole situation. This was rumoured last Friday and they met all weekend. He finds this thing to be absurd and he just doesn't get it. If you own it, let this thing play out and see where it is going.

COMMENT
COMMENT
November 17, 2014

Acquiring Baker Hughes. Between this and Schlumberger (SLB-N), they will have anywhere from 60% to 90% market share, which will be more concentration than regulators are going to want to see. They will have to get through an antitrust test. There are going to be tremendous synergies. This is probably going to be a good deal.

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Halliburton Co (HAL-N)
November 17, 2014

Acquiring Baker Hughes. Between this and Schlumberger (SLB-N), they will have anywhere from 60% to 90% market share, which will be more concentration than regulators are going to want to see. They will have to get through an antitrust test. There are going to be tremendous synergies. This is probably going to be a good deal.

BUY WEAKNESS
BUY WEAKNESS
July 23, 2014

Likes this and the energy services space a lot. In this part of the cycle, especially when the energy sector is moving up, these service companies are the ones that are most leveraged and tend to do well. This is a great one to own. Pretty cheap relative to the rest of the market. Looking for a 5%-10% pullback.

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Likes this and the energy services space a lot. In this part of the cycle, especially when the energy sector is moving up, these service companies are the ones that are most leveraged and tend to do well. This is a great one to own. Pretty cheap relative to the rest of the market. Looking for a 5%-10% pullback.

TOP PICK
TOP PICK
June 26, 2014

Outlook is better than expected. International business has done extremely well for them. Mexico offers a very big opportunity in the next 12 months. Domestically drilling in shale formations suggests a big upside for them.

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Outlook is better than expected. International business has done extremely well for them. Mexico offers a very big opportunity in the next 12 months. Domestically drilling in shale formations suggests a big upside for them.

BUY
BUY
June 23, 2014

Second biggest energy services businesses in the world. Involved in fracking. They are global. A cold winter did not impact them like Canadian-only companies.

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Second biggest energy services businesses in the world. Involved in fracking. They are global. A cold winter did not impact them like Canadian-only companies.

PAST TOP PICK
PAST TOP PICK
March 19, 2014

(A Top Pick March 13/13. Up 37.21%.) Not much has changed. Still doing extremely well internationally. Still struggling a little bit domestically, but that is kind of fuel for the future. Quite excited about the fact that there should be some big activity in the US. They just need the well build cycle to build and domestically he thinks they will do quite well. On the international side they are growing at double digit revenue new growth.

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Halliburton Co (HAL-N)
March 19, 2014

(A Top Pick March 13/13. Up 37.21%.) Not much has changed. Still doing extremely well internationally. Still struggling a little bit domestically, but that is kind of fuel for the future. Quite excited about the fact that there should be some big activity in the US. They just need the well build cycle to build and domestically he thinks they will do quite well. On the international side they are growing at double digit revenue new growth.

COMMENT
COMMENT
March 17, 2014

Wide range of oil field services and has been doing pretty well. This should continue to be a major beneficiary and you are seeing a fair amount of capital expenditure by the majors. Not especially expensive for a stock with as good a pedigree as it has. If you are going to pay high teens for anyone, somebody with the geographical breadth and the range of different services offered that this one has, is probably a better bet than some of the other stuff that is selling in the high teens or mid-$20 in the US market.

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Halliburton Co (HAL-N)
March 17, 2014

Wide range of oil field services and has been doing pretty well. This should continue to be a major beneficiary and you are seeing a fair amount of capital expenditure by the majors. Not especially expensive for a stock with as good a pedigree as it has. If you are going to pay high teens for anyone, somebody with the geographical breadth and the range of different services offered that this one has, is probably a better bet than some of the other stuff that is selling in the high teens or mid-$20 in the US market.

HOLD
HOLD
December 18, 2013

The leading US service company. Can’t see it falling below the 200 day moving average and can easily see it getting back up into the $54 range. One thing he finds troubling is that they have property in West Africa. In 2015, the US will be the world’s largest oil producer. 1.2% dividend yield.

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Halliburton Co (HAL-N)
December 18, 2013

The leading US service company. Can’t see it falling below the 200 day moving average and can easily see it getting back up into the $54 range. One thing he finds troubling is that they have property in West Africa. In 2015, the US will be the world’s largest oil producer. 1.2% dividend yield.

TOP PICK
TOP PICK
October 21, 2013

Good earnings but expectations were heightened. Rig counts are down in North America.

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Halliburton Co (HAL-N)
October 21, 2013

Good earnings but expectations were heightened. Rig counts are down in North America.

BUY
BUY
October 15, 2013

$71.57 Model price, 40% upside. It is his number one position in one fund. Like most large cap stocks in the US, this looks absolutely great.

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Halliburton Co (HAL-N)
October 15, 2013

$71.57 Model price, 40% upside. It is his number one position in one fund. Like most large cap stocks in the US, this looks absolutely great.

PAST TOP PICK
PAST TOP PICK
July 17, 2013

(BNN got their Past Top Pick dates wrong on today’s shows. I show the 3 Top Picks as being on July 25/12, not June 25/12. – Bill)

(A Top Pick July 25/12. Up 64.9%.) Doing very, very well on the international side. Have yet to hit on all cylinders domestically, although that is starting to happen. It is really a function of natural gas prices, which is a boon to them because there are so many wells being drilled.

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(BNN got their Past Top Pick dates wrong on today’s shows. I show the 3 Top Picks as being on July 25/12, not June 25/12. – Bill)

(A Top Pick July 25/12. Up 64.9%.) Doing very, very well on the international side. Have yet to hit on all cylinders domestically, although that is starting to happen. It is really a function of natural gas prices, which is a boon to them because there are so many wells being drilled.

PAST TOP PICK
PAST TOP PICK
June 19, 2013

(A Top Pick July 25/12. Up 39.91%.) The US has had an explosion in fracing which means there is a lot of need for a lot more equipment. However, they have really made their money in the international markets.

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(A Top Pick July 25/12. Up 39.91%.) The US has had an explosion in fracing which means there is a lot of need for a lot more equipment. However, they have really made their money in the international markets.

BUY
BUY
April 11, 2013

Have been carried over the last year or so on the back of their international business but their domestic business is starting to pick up with the US energy self-sufficiency move. There is a lot of optimism and a lot of activity surrounding that. Sort of ebbs and flows with the price of natural gas.

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Halliburton Co (HAL-N)
April 11, 2013

Have been carried over the last year or so on the back of their international business but their domestic business is starting to pick up with the US energy self-sufficiency move. There is a lot of optimism and a lot of activity surrounding that. Sort of ebbs and flows with the price of natural gas.

COMMENT
COMMENT
March 27, 2013

Pretty good valuation, reasonable growth prospects. Only 50% of their revenue comes from onshore US.

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Halliburton Co (HAL-N)
March 27, 2013

Pretty good valuation, reasonable growth prospects. Only 50% of their revenue comes from onshore US.

TOP PICK
TOP PICK
March 13, 2013

Oil field services. Have been doing very well internationally but domestic side has been poor. Oil rig counts are way down and he believes this is troughing. A supply/demand situation. As the US move towards energy self-sufficiency, there is going to be a lot of work for companies like this. Earnings have some room to grow. Dividend yield of 1.2%.

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Halliburton Co (HAL-N)
March 13, 2013

Oil field services. Have been doing very well internationally but domestic side has been poor. Oil rig counts are way down and he believes this is troughing. A supply/demand situation. As the US move towards energy self-sufficiency, there is going to be a lot of work for companies like this. Earnings have some room to grow. Dividend yield of 1.2%.

PAST TOP PICK
PAST TOP PICK
January 10, 2013

(A Top Pick Jan 11/12. Up 5.09%.) Not much good has happened in terms of their domestic side. It has really been driven by the international side. With natural gas prices still being down, there isn’t a lot of work for them domestically. That is still to come and he believes it will.

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Halliburton Co (HAL-N)
January 10, 2013

(A Top Pick Jan 11/12. Up 5.09%.) Not much good has happened in terms of their domestic side. It has really been driven by the international side. With natural gas prices still being down, there isn’t a lot of work for them domestically. That is still to come and he believes it will.

HOLD
HOLD
January 4, 2013

There is a level of resistance at around $40 that you want to see it break through. This is an energy stock that is moving into that period of time that it should break out but don’t count on it until it happens.

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Halliburton Co (HAL-N)
January 4, 2013

There is a level of resistance at around $40 that you want to see it break through. This is an energy stock that is moving into that period of time that it should break out but don’t count on it until it happens.

DON'T BUY
DON'T BUY
October 5, 2012

Looks like a lot of the oils. Has overhead resistance. He is a little bit cautious on the oil sector.

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Halliburton Co (HAL-N)
October 5, 2012

Looks like a lot of the oils. Has overhead resistance. He is a little bit cautious on the oil sector.

BUY
BUY
September 21, 2012

One of his favourite tools is Relative Performance. The sector is starting to turn up so this stock will probably move above its resistance point of around $40.

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Halliburton Co (HAL-N)
September 21, 2012

One of his favourite tools is Relative Performance. The sector is starting to turn up so this stock will probably move above its resistance point of around $40.

BUY
BUY
August 30, 2012

(Market Call Minute.) Good growth in the international and doesn’t get any credit for it. One of the go to names.

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Halliburton Co (HAL-N)
August 30, 2012

(Market Call Minute.) Good growth in the international and doesn’t get any credit for it. One of the go to names.

COMMENT
COMMENT
August 7, 2012

This is a space that got beaten down much too much after 2008 and has had a really slow recovery. He doesn't own any drillers or oilfield service companies. The volatility in this sector drives him nuts. This one is a top quality name.

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Halliburton Co (HAL-N)
August 7, 2012

This is a space that got beaten down much too much after 2008 and has had a really slow recovery. He doesn't own any drillers or oilfield service companies. The volatility in this sector drives him nuts. This one is a top quality name.

TOP PICK
TOP PICK
July 25, 2012
Was caught up in the BP McConville debacle a couple of years ago. The whole space has kind of been troughing and he thinks it is coming out right now. Trading at only about 7X-8X earnings. Internationally doing very well. Margins are little squeezed lately in the US but he thinks this will straighten out by the end of the year.
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Was caught up in the BP McConville debacle a couple of years ago. The whole space has kind of been troughing and he thinks it is coming out right now. Trading at only about 7X-8X earnings. Internationally doing very well. Margins are little squeezed lately in the US but he thinks this will straighten out by the end of the year.
HOLD
HOLD
May 9, 2012
Thinks there is some upside to this stock. Still has a little bit of an overhang from the Macondo issue with the BP spill. They are doing well and are involved with a lot of the fracing operations with natural gas.
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Thinks there is some upside to this stock. Still has a little bit of an overhang from the Macondo issue with the BP spill. They are doing well and are involved with a lot of the fracing operations with natural gas.
DON'T BUY
DON'T BUY
April 20, 2012
Chart doesn't look great. He sees a lot of consolidation from late 2011 to now. Can't see anything encouraging. If it went down to $27 or broke out to about $38, you might consider taking it up. Too many problems right now.
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Halliburton Co (HAL-N)
April 20, 2012
Chart doesn't look great. He sees a lot of consolidation from late 2011 to now. Can't see anything encouraging. If it went down to $27 or broke out to about $38, you might consider taking it up. Too many problems right now.
BUY
BUY
April 18, 2012
Oil services. Just reported good earnings. There is still an overhang with the Gulf incident with BP. Over the long-term, that will dissipate.
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Halliburton Co (HAL-N)
April 18, 2012
Oil services. Just reported good earnings. There is still an overhang with the Gulf incident with BP. Over the long-term, that will dissipate.