Halliburton Company Company Profile (NYSE:HAL)

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

Halliburton Company announced a quarterly dividend on Friday, July 14th. Investors of record on Wednesday, September 6th will be given a dividend of $0.18 per share on Wednesday, September 27th. This represents a $0.72 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, September 1st. View Halliburton Company's Dividend History.

Halliburton Company (NYSE:HAL) released its quarterly earnings data on Monday, July, 24th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.05. The company earned $4.96 billion during the quarter, compared to the consensus estimate of $4.86 billion. Halliburton Company had a negative net margin of 0.86% and a positive return on equity of 2.97%. The firm's revenue for the quarter was up 29.3% on a year-over-year basis. During the same quarter last year, the firm earned ($0.14) EPS. View Halliburton Company's Earnings History.

Halliburton Company is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Halliburton Company.

30 brokerages have issued 1 year price targets for Halliburton Company's stock. Their forecasts range from $50.00 to $73.00. On average, they expect Halliburton Company's share price to reach $58.19 in the next year. View Analyst Ratings for Halliburton Company.

Here are some recent quotes from research analysts about Halliburton Company stock:

• 1. According to Zacks Investment Research, "Halliburton shares have suffered this year, as have shares of all oil-related companies, to reflect the commodity's price slide and uneven outlook. That said, it has done better than its peers (the stock is down -22.3% in the year-to-date period vs. 26.5% decline for the Zacks Oil & Gas-Field Services industry), reflecting improved utilization on the back of surging North American rig count. Halliburton's cost saving initiatives undertaken during the downturn have also helped the company navigate the difficult operating environment. However, sluggish international outlook – reflecting lower activity and pricing pressure – is expected to dampen investor confidence. Moreover, with the failure of BHI acquisition, HAL had to book a massive $3.5 billion in breakup charges that stretched its balance sheet. Hence, we advise investors to wait for a better entry point before buying shares in HAL." (7/20/2017)
• 2. Deutsche Bank AG analysts commented, "With the pickup in North American (NAM) activity levels happening faster than many expected, HAL is shifting its strategy back to maintaining market share rather than pushing margins at this point in the cycle. In response to this pickup, HAL is returning equipment to the market much faster than expected. Management noted that they are deploying double the capacity they had planned for the entire year and doing so mostly in the first half. As one would expect, this will lead to upfront costs as crews are hired and mobilization/ reactivation costs are incurred without corresponding revenue until the fleets are deployed. The industry is also feeling cost inflation, especially around sand and trucking, although this will likely be transitory as more sand supply comes on-line in the spring and costs are passed through to customers. HAL is one of a very few players able to structurally lower cost (both their own and for their customers) and raise efficiency in otherwise commoditized businesses and should be able to leverage its NAM leadership into strong growth at attractive returns. We therefore reiterate our BUY rating." (3/27/2017)
• 3. Credit Suisse Group analysts commented, "HAL continues to be the best large-cap to play the 2017 OFS recovery. High expectations, commentary on international activity, and a very active NAM-focused IPO calendar caused the stock to underperform following its earnings report. Those issues notwithstanding, HAL continues to be our top pick for the 2017 recovery. 45% of revenues are from NAM and 56% are from Completion & Production. After an aggressive market share grab in 2016, the focus has shifted to holding share that "appreciates HAL," (i.e., customers who pay up). HAL's selective approach is clearly more positive than attempting to match revenues with rig count growth. Holding profitable market share is an excellent strategy off the bottom and should drive earnings revisions up over the next few years." (1/24/2017)
• 4. Evercore ISI analysts commented, "Halliburton remains one of our top picks and is the best large cap way to express a bullish view on North American activity. We anticipate a strong ramp in North American activity in 2017 driven by 1) higher oil and natural gas prices, 2) recent A&D and capital markets activity, 3) an influx of private equity capital, 4) higher hedging across the board, and 5) an urgency from U.S. producers to meet multi-year production targets. As North American activity improves, Halliburton is best exposed compared to its large cap peers thanks to its relatively higher exposure (in terms of % of total revenue), superior market share within certain product lines, a stronger logistics network, and industry leading completions prowess. The Era of Mega Completions has arrived and this will disproportionately benefit the largest and most sophisticated companies in the space. Internationally, we expect challenging conditions to persist into 1H17, but when the market turns Halliburton's market share gains through the downturn will prove fruitful. We continue to see a path to a +$4.00 EPS run rate by late '19 and we are increasing our PT to $65 from $60." (1/23/2017)

Halliburton Company saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 19,991,455 shares, a decline of 11.2% from the August 15th total of 22,506,774 shares. Based on an average trading volume of 6,432,046 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.3% of the shares of the stock are sold short.

Some companies that are related to Halliburton Company include National Oilwell Varco (NOV), RPC (RES), Core Laboratories N.V. (CLB), Antero Midstream GP LP (AMGP), Oceaneering International (OII), John Wood Group PLC (WG), McDermott International (MDR), Frank's International N.V. (FI), Superior Energy Services (SPN), Petrofac Limited (PFC), Forum Energy Technologies (FET), Tidewater (TDW), Helix Energy Solutions Group (HLX), Exterran Corporation (EXTN), NCS Multistage Holdings (NCSM), Fairmount Santrol Holdings (FMSA), Archrock Partners, L.P. (APLP) and USA Compression Partners, LP (USAC).

Halliburton Company's management team includes the folowing people:

• David J. Lesar CPA, Executive Chairman of the Board
• Jeffrey A. Miller, President, Chief Executive Officer, Director
• Christopher T. Weber, Chief Financial Officer, Executive Vice President
• James S. Brown, President, Western Hemisphere
• Joe D. Rainey, President - Eastern Hemisphere
• Lawrence J. Pope, Chief Human Resource Officer, Executive Vice President - Administration
• Myrtle L. Jones, Senior Vice President - Tax
• Charles E. Geer Jr., Vice President, Corporate Controller
• Timothy M. McKeon, Vice President, Treasurer
• J. Landis J. Martin J.D., Lead Independent Director

Halliburton Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.86%), BlackRock Inc. (6.40%), Capital World Investors (5.47%), State Street Corp (4.91%), Capital Research Global Investors (4.74%) and Ameriprise Financial Inc. (1.79%). Company insiders that own Halliburton Company stock include David J Lesar, Eric Carre, James S Brown, Jeffrey Allen Miller, Joe D Rainey, Lawrence J Pope, Murry Gerber, Myrtle L Jones, Timothy Mckeon and William E Albrecht. View Institutional Ownership Trends for Halliburton Company.

Halliburton Company's stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Jennison Associates LLC, Carmignac Gestion, Voya Investment Management LLC, Marshall Wace North America L.P., Van ECK Associates Corp, Lord Abbett & CO. LLC and Bank of New York Mellon Corp. Company insiders that have sold Halliburton Company stock in the last year include David J Lesar, Eric Carre, James S Brown, Jeffrey Allen Miller, Joe D Rainey, Lawrence J Pope, Myrtle L Jones and Timothy Mckeon. View Insider Buying and Selling for Halliburton Company.

Halliburton Company's stock was purchased by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., BlackRock Inc., Franklin Resources Inc., Balyasny Asset Management LLC, Janus Henderson Group PLC, Eaton Vance Management, Vanguard Group Inc. and Caxton Associates LP. Company insiders that have bought Halliburton Company stock in the last two years include Murry Gerber and William E Albrecht. View Insider Buying and Selling for Halliburton Company.

Shares of Halliburton Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Halliburton Company stock can currently be purchased for approximately $44.25.