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Companies facing 1st tax on stock buybacks in Biden bill
The 3-Stock Retirement Blueprint (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
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Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
The 3-Stock Retirement Blueprint (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
3rd Massive Dollar Upheaval Has Started (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
The 3-Stock Retirement Blueprint (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
3rd Massive Dollar Upheaval Has Started (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
NYSE:HAL

Halliburton - HAL Stock Forecast, Price & News

$28.21
-0.26 (-0.91%)
(As of 08/16/2022 12:00 AM ET)
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Compare
Today's Range
$27.81
$29.10
50-Day Range
$27.27
$42.97
52-Week Range
$17.82
$43.99
Volume
9.04 million shs
Average Volume
12.31 million shs
Market Capitalization
$25.58 billion
P/E Ratio
17.74
Dividend Yield
1.69%
Price Target
$39.53

Halliburton MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
40.1% Upside
$39.53 Price Target
Short Interest
Healthy
2.02% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.65
Upright™ Environmental Score
News Sentiment
0.20mentions of Halliburton in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.66 M Sold Last Quarter
Proj. Earnings Growth
37.81%
From $2.01 to $2.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Oils/Energy Sector

35th out of 257 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

4th out of 22 stocks

HAL stock logo

About Halliburton (NYSE:HAL) Stock

Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; and pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning. This segment also provides electrical submersible pumps, as well as artificial lift services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; oilfield completion, production, and downstream water and process treatment chemicals and services; drilling systems and services; wireline and perforating services consists of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.

Analysts Set New Price Targets

HAL has been the topic of several analyst reports. The Goldman Sachs Group reduced their price target on shares of Halliburton from $46.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, July 13th. Barclays boosted their price target on Halliburton from $50.00 to $53.00 and gave the stock an "overweight" rating in a report on Wednesday, June 8th. Stephens dropped their price objective on Halliburton to $32.00 in a research report on Friday, July 22nd. Royal Bank of Canada lifted their target price on Halliburton from $45.00 to $49.00 in a research report on Wednesday, April 20th. Finally, HSBC raised shares of Halliburton from a "hold" rating to a "buy" rating and increased their target price for the stock from $36.60 to $41.60 in a report on Wednesday, April 27th. Four analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, Halliburton currently has an average rating of "Moderate Buy" and a consensus price target of $39.53.

Halliburton Trading Down 0.9 %

Shares of Halliburton stock traded down $0.26 during midday trading on Tuesday, reaching $28.21. The company had a trading volume of 9,041,691 shares, compared to its average volume of 12,307,719. The stock has a fifty day moving average price of $31.02 and a 200 day moving average price of $34.45. Halliburton has a fifty-two week low of $17.82 and a fifty-two week high of $43.99. The firm has a market cap of $25.58 billion, a PE ratio of 17.52 and a beta of 2.16. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.15 and a quick ratio of 1.60.

Halliburton (NYSE:HAL - Get Rating) last issued its quarterly earnings results on Tuesday, July 19th. The oilfield services company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. Halliburton had a net margin of 8.19% and a return on equity of 19.91%. The firm had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter in the previous year, the company earned $0.26 EPS. The company's revenue for the quarter was up 36.9% on a year-over-year basis. On average, equities analysts anticipate that Halliburton will post 2.01 earnings per share for the current year.

Halliburton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 22nd. Shareholders of record on Wednesday, June 1st were issued a dividend of $0.12 per share. The ex-dividend date was Tuesday, May 31st. This represents a $0.48 dividend on an annualized basis and a yield of 1.70%. Halliburton's payout ratio is currently 30.19%.

Insider Transactions at Halliburton

In related news, insider Joe D. Rainey sold 20,000 shares of the company's stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $42.73, for a total transaction of $854,600.00. Following the sale, the insider now owns 310,014 shares in the company, valued at approximately $13,246,898.22. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, insider Joe D. Rainey sold 20,000 shares of Halliburton stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $42.73, for a total value of $854,600.00. Following the completion of the sale, the insider now owns 310,014 shares in the company, valued at approximately $13,246,898.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lawrence J. Pope sold 10,000 shares of the business's stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $40.95, for a total transaction of $409,500.00. Following the transaction, the executive vice president now owns 273,342 shares in the company, valued at approximately $11,193,354.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 40,000 shares of company stock valued at $1,663,600. Corporate insiders own 0.57% of the company's stock.

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HAL Stock News Headlines

Schlumberger: Another Reason To Bet On An Oil-Services Rebound (HAL)
If results from Baker Hughes (NYSE: BKR) and Haliburton (NYSE: HAL) weren’t enough to convince you of a rebound in the oil services sector Schlumberger (NYSE: SLB) has given us some more evidence. The company reported a solid quarter driven by strength in all regions and segments due to an increase in investment in the oil industry.
Stocks make another run at rising as profit reports roll in
Stocks are making another run at rising on Wall Street Tuesday as more reports pour in on how much profit companies made during the spring
Stocks open higher on Wall Street as more earnings roll in
Stocks are opening broadly higher on Wall Street Tuesday as more earnings reports roll in from U.S. companies
Analysts Set Halliburton (NYSE:HAL) PT at $39.53
Check Out What Whales Are Doing With HAL
Halliburton CFO Weighs on Debt, Capital Spending
Halliburton (HAL) Q2 2022 Earnings Call Transcript
See More Headlines
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HAL Company Calendar

Ex-Dividend for 6/22 Dividend
5/31/2022
Dividend Payable
6/22/2022
Last Earnings
7/19/2022
Today
8/17/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
40621610
Employees
40,000
Year Founded
1919

Price Target and Rating

Average Stock Price Forecast
$39.53
High Stock Price Forecast
$53.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+40.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$1.46 billion
Pretax Margin
7.41%

Debt

Sales & Book Value

Annual Sales
$15.30 billion
Cash Flow
$1.99 per share
Book Value
$7.49 per share

Miscellaneous

Free Float
901,774,000
Market Cap
$25.58 billion
Optionable
Optionable
Beta
2.16

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HAL Stock - Frequently Asked Questions

Should I buy or sell Halliburton stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HAL shares.
View HAL analyst ratings
or view top-rated stocks.

What is Halliburton's stock price forecast for 2022?

17 analysts have issued twelve-month price targets for Halliburton's stock. Their HAL share price forecasts range from $24.00 to $53.00. On average, they expect the company's stock price to reach $39.53 in the next year. This suggests a possible upside of 40.1% from the stock's current price.
View analysts price targets for HAL
or view top-rated stocks among Wall Street analysts.

How have HAL shares performed in 2022?

Halliburton's stock was trading at $22.87 on January 1st, 2022. Since then, HAL shares have increased by 23.3% and is now trading at $28.21.
View the best growth stocks for 2022 here
.

When is Halliburton's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our HAL earnings forecast
.

How were Halliburton's earnings last quarter?

Halliburton (NYSE:HAL) announced its quarterly earnings data on Tuesday, July, 19th. The oilfield services company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. The oilfield services company earned $5.07 billion during the quarter, compared to the consensus estimate of $4.71 billion. Halliburton had a trailing twelve-month return on equity of 19.91% and a net margin of 8.19%. The company's quarterly revenue was up 36.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.26 EPS.
Read the conference call transcript
.

How often does Halliburton pay dividends? What is the dividend yield for Halliburton?

Halliburton declared a quarterly dividend on Thursday, May 19th. Investors of record on Wednesday, June 1st will be paid a dividend of $0.12 per share on Wednesday, June 22nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Tuesday, May 31st.
Read our dividend analysis for HAL
.

Is Halliburton a good dividend stock?

Halliburton (NYSE:HAL) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.69%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 17.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HAL.

What is Jeff Miller's approval rating as Halliburton's CEO?

651 employees have rated Halliburton Chief Executive Officer Jeff Miller on Glassdoor.com. Jeff Miller has an approval rating of 63% among the company's employees. This puts Jeff Miller in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Halliburton own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Halliburton investors own include Schlumberger (SLB), Intel (INTC), Bank of America (BAC), AT&T (T), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), General Electric (GE), NVIDIA (NVDA), Boeing (BA) and Walt Disney (DIS).

What is Halliburton's stock symbol?

Halliburton trades on the New York Stock Exchange (NYSE) under the ticker symbol "HAL."

Who are Halliburton's major shareholders?

Halliburton's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (6.41%), FMR LLC (5.87%), Pzena Investment Management LLC (1.84%), Price T Rowe Associates Inc. MD (1.28%), Van ECK Associates Corp (1.27%) and Northern Trust Corp (1.02%). Insiders that own company stock include Charles Jr Geer, Eric Carre, Jeffrey Allen Miller, Jill D Sharp, Joe D Rainey, Lance Loeffler, Lawrence J Pope, Mark Richard, Murry Gerber, Myrtle L Jones, Myrtle L Jones, Timothy Mckeon and William E Albrecht.
View institutional ownership trends
.

How do I buy shares of Halliburton?

Shares of HAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Halliburton's stock price today?

One share of HAL stock can currently be purchased for approximately $28.21.

How much money does Halliburton make?

Halliburton (NYSE:HAL) has a market capitalization of $25.58 billion and generates $15.30 billion in revenue each year. The oilfield services company earns $1.46 billion in net income (profit) each year or $1.59 on an earnings per share basis.

How many employees does Halliburton have?

The company employs 40,000 workers across the globe.

Does Halliburton have any subsidiaries?
The following companies are subsidiares of Halliburton: Dunlavy Financial Services B.V., Easy Well Solutions, Geophysical Services Inc., Halliburton B.V., Halliburton Curacao Holdings BV, Halliburton Global Affiliates Holdings B.V., Halliburton Global Holdings B.V., Halliburton Global Holdings LLC, Halliburton Global Netherlands Cooperatief U.A., Halliburton Group Technologies Inc., Halliburton Holdings LLC, Halliburton Netherlands Holdings B.V., Halliburton Offshore Technologies Inc., Halliburton Swiss Holdings GmbH, Halliburton Technology Partners LLC, Halliburton U.S. International Holdings Inc., Halliburton U.S. Technologies Inc, Intelligent Well Controls, Knowledge Systems Inc., Landmark Graphics, Landmark Solutions, Magic Earth, Multi-Chem Group, PSL Energy Services, Permedia Research Group, Pinnacle Technologies Inc., Protech Centerform, Red Spider, SensorTran, Summit ESP, Ultraline Services Corp., and WellDynamics.
Read More
When was Halliburton founded?

Halliburton was founded in 1919.

How can I contact Halliburton?

Halliburton's mailing address is 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX, 77032. The official website for the company is www.halliburton.com. The oilfield services company can be reached via phone at (281) 871-4000, via email at investors@halliburton.com, or via fax at 713-759-2635.

This page (NYSE:HAL) was last updated on 8/17/2022 by MarketBeat.com Staff

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