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. Stockholders of record on Wednesday, September 6th will be paid a dividend of $0.18 per share on Wednesday, September 27th. This represents a $0.72 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Friday, September 1st. View Halliburton Company's Dividend History.

Halliburton Company (NYSE:HAL) posted its earnings results on Monday, July, 24th. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.18 by $0.05. The firm earned $4.96 billion during the quarter, compared to analysts' expectations of $4.86 billion. Halliburton Company had a positive return on equity of 2.97% and a negative net margin of 0.86%. The business's revenue for the quarter was up 29.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.14) earnings per share. 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 brokers have issued twelve-month target prices for Halliburton Company's shares. Their predictions range from $50.00 to $73.00. On average, they expect Halliburton Company's share price to reach $57.35 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, "The world’s No. 2 oilfield-services provider has an incredible history when it comes to beating earnings estimates, driven by improved utilization and pricing gains in North America, together with cost saving initiatives. Halliburton is also set to profit from the Summit ESP buyout on account of the latter’s expertise in extending the life of shale wells. The shares of Halliburton have also outperformed the broader industry year to date. However, pricing pressure across the international markets is likely 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." (10/10/2017)
• 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 increase in short interest in the month of September. As of September 15th, there was short interest totalling 24,628,875 shares, an increase of 23.2% from the August 31st total of 19,991,455 shares. Based on an average daily trading volume, of 9,996,223 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.8% 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), John Wood Group PLC (WG), Oceaneering International (OII), McDermott International (MDR), Frank's International N.V. (FI), Superior Energy Services (SPN), Forum Energy Technologies (FET), Petrofac Limited (PFC), Tidewater (TDW), Helix Energy Solutions Group (HLX), Exterran Corporation (EXTN), USA Compression Partners, LP (USAC), Fairmount Santrol Holdings (FMSA), Archrock Partners, L.P. (APLP) and NCS Multistage Holdings (NCSM).

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 many different of institutional and retail investors. Top institutional investors include Cacti Asset Management LLC (0.09%), Park National Corp OH (0.01%), Osborn Williams & Donohoe LLC (0.00%) and Neville Rodie & Shaw Inc. (0.00%). 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 bought by a variety of institutional investors in the last quarter, including Cacti Asset Management LLC, Osborn Williams & Donohoe LLC, Neville Rodie & Shaw Inc. and Park National Corp OH. 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 $44.61.