HAL News and Press, Halliburton Company From 10/19/22

Tournament breaks own fundraising record in its 27 th year; over 100 U.S. organizations receive funds Halliburton Company (NYSE: HAL) today announced the 27 th annual Halliburton Charity Golf Tournament broke its own fundraising record when it raised over $3.4 mi...

Summary Executing a well-thought-out industry consolidation strategy, Cathedral Energy Services made a total of six acquisitions in the last year or so. The impact of these accretive transactions on its top line, EBITDA and FCF is expected to become apparent when Cathedral reports...

Oil is back! Or, at least that appears to be the attitude on Wall Street. So far this year, the Dow Jones US Select Oil Equipment & Services Index is up 34% compared to a 22% decline for the S&P 500 . After years of little investment in the oil patch, higher oil prices a...

Halliburton Company (NYSE: HAL) today announced the implementation of the Halliburton Digital Well Program ® and Digital Well Operation DecisionSpace® 365 cloud solutions as the foundation for PETRONAS enterprise digital Well Integrated Operation (WIO). The selection marks...

Summary Halliburton is writing some major tailwinds. OPEC+ production cuts will likely lift the stock further. The company may be going into a fantastic 2 to 3-year period following the recent debt retirement. Halliburton Company ( HAL ) is an Amer...

Summary Shares of Halliburton have performed well over the past twelve months, but having fallen from their highs, offer attractive upside. Oil & gas capital spending is rising and will need to rise further given ongoing demand and the potential for further Russian supply disr...

Summary The optimal time for risk mitigation ended long ago. It is time to search for signals amongst the noise as the greatest opportunities of the next cycle are born. A cyclical upturn in oil and gas will be amplified by a diverse set of secular growth opportunities during ...

Summary Schlumberger has held up remarkably well in the current environment, easily outperforming the broader market. This has been driven by strong fundamental performance and that trend looks set to continue. Management is playing the long game and shares are attractively pr...

U.S. stocks fell on Wednesday as Wall Street failed to hold on to the sharp gains from the last two sessions. The Dow Jones Industrials flirted with the green near the end of the session, but lost 42.45 points to close Wednesday at 30,273.87. The S&P 500 docked 7.65 points to 3,...

Summary The era of easy, low-priced energy has come to an end. Production trends from key oil producing areas are not positive. We are and have been bullish on oil and gas stocks and think the rally is still in its early phase. Oil oriented ETFs such as the USO and BNO may...