The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
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HAL’s valuation ratios
compared to the Market Index. Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of HAL’s
competitive advantage. Halliburton is one of the three largest oilfield service firms in the world, and it’s the largest pressure pumper in North America.
Market Overstates Coronavirus Impact on Energy Stocks
The firm is renowned for its exceptional record of innovation, consistently developing novel ways to maximize value for its customers.
These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. We have already established that ROE serves as an efficient profit-generating gauge for a company’s future earnings.
It operates through the Completion and Production, and Drilling and Evaluation segments. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. The company was founded by Erle P. Halliburton in 1919 and is headquartered in Houston, TX.
Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
HAL earnings call for the period ending December 31, 2022. Worries of a second wave in Europe are weighing on the energy market. Oil companies don’t have what they need to pump more oil. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
Our latest analyst data shows that the future payout ratio of the company is expected to rise to 20% over the next three years. Despite the higher expected payout ratio, the company’s ROE is not expected to change by much. These are four best stocks to buy and watch in today’s stock market, including a Dow Jones leader. Following its May 25 earnings-fueled gap-up, Nvidia shares have been trending consistently higher. Amid a pullback since June 20, the stock is offering another opportunity to buy shares. It formed a trendline entry at 418 after the stock found support at its 21-day exponential moving average.
Is It Time to Sell HAL? Shares are up today.
Halliburton Company is a multinational corporation that provides various services and products to the energy industry. The company’s customers include major oil and gas companies and independent operators in the energy industry. Halliburton has achieved several key milestones over the years, including https://g-markets.net/helpful-articles/top-15-trading-education-blogs-news-websites-to/ being the first company to log a well in the Gulf of Mexico and the first to perform hydraulic fracturing in the Permian Basin. Halliburton Co. engages in the provision of services and products to the energy industry related to the exploration, development, and production of oil and natural gas.
The company has been focused on improving its competitive position by investing in new technologies and expanding its global footprint. Despite the challenges facing the energy industry, Halliburton has several growth opportunities that it is pursuing. One of the company’s key growth drivers is the development of new technologies that can improve the efficiency and productivity of the energy industry.
Halliburton’s profit margins have also been affected by the downturn. However, despite this downturn, Halliburton has been beating earnings-per-share and revenue expectations in most quarters. Halliburton’s valuation metrics suggest the company might be slightly undervalued compared to its peers.
Halliburton stock slips 0.2% premarket after Q1 results
Explore the Comments tab, connect with the community, share insights, and discuss the latest market trends with other investors. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Overall, we are quite pleased with Halliburton’s performance. In particular, it’s great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings.
Traders should take this into account as the share price often fluctuates around this time period. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. As of May 31st, there was short interest totaling 27,210,000 shares, a decrease of 6.8% from the May 15th total of 29,210,000 shares.
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- Treasury yield ticked lower to 3.99%, threatening to add to Monday’s losses.
- The tech-heavy Nasdaq composite reversed 0.2% lower in morning action.
- The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
HAL’s historical performance
against its industry peers and the overall market.
- Since then, HAL stock has decreased by 2.9% and is now trading at $38.19.
Since then, HAL stock has decreased by 2.9% and is now trading at $38.19. Be sure to follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones Industrial Average. Microsoft shares dropped 1.6% Monday, falling sharply for a second straight sessions. Among U.S. exchange-traded funds, the Nasdaq 100 tracker Invesco QQQ Trust (QQQ) was down 0.1%, while the SPDR S&P 500 ETF (SPY) rose 0.2% early Tuesday.
What is Halliburton Co’s stock style?
Halliburton’s stock is owned by a number of institutional and retail investors. 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.