Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
01 June 1972Website:
http://www.halliburton.comNext earnings report:
23 January 2025Last dividends:
04 September 2024Next dividends:
04 December 2024Price
pre-market | 14 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
HAL Latest News
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) has announced that its board of directors has approved a dividend of seventeen cents ($0.17) per share for the fourth quarter of 2024. This dividend will be paid on December 26, 2024, to shareholders who are on record as of December 4, 2024. Halliburton, established in 1919, is a top provider of products and services for the energy sector.
Halliburton stock (NYSE: HAL), which focuses on oil and natural gas exploration, development, and production, has dropped 15% since the start of the year and is currently priced at about $30 per share. Despite limited growth opportunities in the short term, we think there is potential for the stock to rise in the long run. In comparison, its competitor SLB stock (NYSE: SLB) has decreased by 14% this year, now valued at $44.
In the third quarter, HAL produced $841 million in cash flow from its operations, resulting in a free cash flow of $543 million.
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) reported a net income of $571 million, or $0.65 per diluted share, for the third quarter of 2024. This is lower than the net income of $709 million, or $0.80 per diluted share, from the second quarter of 2024. The adjusted net income for the third quarter, which excludes impairments and other charges, was $641 million, or $0.73 per diluted share, with total revenue reaching $5.7 billion.
Right after Donald Trump won the U.S. Presidential election, oil stocks rose sharply. Halliburton (HAL) shares were last reported to be up over 6.7% today, aiming for its strongest daily gain since October 2023.
HAL exceeded the Zacks Consensus Estimate in three out of the last four quarters and matched it in the remaining one, resulting in an average earnings surprise of 3.2%.
Halliburton (HAL) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.
In the most recent trading session, Halliburton (HAL) finished at $27.52, which is a decrease of 1.33% compared to the day before.
In the latest trading session, Halliburton (HAL) finished at $27.81, showing a decrease of 1.52% compared to the day before.
HAL's Octiv Auto Frac service allows for fracture design to be carried out without the need for human involvement, which enhances both efficiency and safety in fracturing operations.
What type of business is Halliburton?
Halliburton Company is one of the largest suppliers of services to the energy industry in the world. The company was founded in 1919 and has its main offices in Dubai and Houston, Texas. The company's services are divided into segments: - Completion and Production - provides services to increase production, which involves optimizing the production of oil and natural gas using various technologies. This segment also offers cementing services, specifically bonding wells and casing pipes, pipeline maintenance services, injection tools, and specialized chemicals. - Evaluation and Drilling. The drilling segment includes drilling systems and services that offer directional control for precise wellbore placement, providing important measurements of drilling column characteristics and geological formations during drilling.
What sector is Halliburton in?
Halliburton is in the Energy sector
What industry is Halliburton in?
Halliburton is in the Oil & Gas Equipment & Services industry
What country is Halliburton from?
Halliburton is headquartered in United States
When did Halliburton go public?
Halliburton initial public offering (IPO) was on 01 June 1972
What is Halliburton website?
https://www.halliburton.com
Is Halliburton in the S&P 500?
Yes, Halliburton is included in the S&P 500 index
Is Halliburton in the NASDAQ 100?
No, Halliburton is not included in the NASDAQ 100 index
Is Halliburton in the Dow Jones?
No, Halliburton is not included in the Dow Jones index
When was Halliburton the previous earnings report?
No data
When does Halliburton earnings report?
The next expected earnings date for Halliburton is 23 January 2025