HAL - Shares of Halliburton Company (HAL) Rise to a New 52-Week High

Halliburton Company (NYSE:HAL) traded at a new 52-week high today of $39.57. This new high was reached on below average trading volume as 3.5 million shares traded hands, while the average 30-day volume is approximately 14.9 million shares.

Halliburton Company share prices have moved between a 52-week high of $39.57 and a 52-week low of $17.82 and are now trading 115% above that low price at $38.33 per share.

There is potential upside of 0.8% for shares of Halliburton Company based on a current price of $38.33 and an average consensus analyst price target of $38.63.

Halliburton is the world's second-largest oilfield-services company. Building from its origins pioneering oil and gas well cementing in the 1920s, Halliburton has evolved into the premier wellbore engineering company, with leading business lines in cementing, completion equipment, and pressure pumping. It added drilling services as a second key area of focus via its 1998 acquisition of Dresser and today stands second only to industry leader Schlumberger. Owing to its strategic bet on U.S. shale starting nearly two decades ago, Halliburton has played an unparalleled role in facilitating the shale revolution.

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