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home / news releases / HAL - Halliburton Continues To Retrench

HAL - Halliburton Continues To Retrench

Halliburton Company
  • HAL's Q3 revenue fell Q/Q in the high-single-digit percentage range. North America, its largest region, continued to falter.
  • Cost take-outs allowed EBITDA to grow and EBITDA margin to improve. I expect HAL to continue to retrench until the pandemic subsides.
  • HAL has ample liquidity, yet its credit metrics continue to deteriorate. At just under 7x EBITDA I rate the stock a hold.

For further details see:

Halliburton Continues To Retrench
Stock Information
Company Name: Halliburton Company
Stock Symbol: HAL
Market: NYSE
Website: halliburton.com
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