HAL News and Press, Halliburton Company From 05/02/20

The coronavirus pandemic that Saudi Arabia used to launch an all-out war for global market share has turned into an absolute rout. Nearly every corner of the oil world has been affected, and billions of dollars in investor capital has already been destroyed. Eventually the market will turn and t...

Halliburton ( HAL -5.5% ) will lay off another 240 employees in Oklahoma after cutting 350 employees at the same location three weeks ago. More news on: Halliburton Company, Energy stocks news, Stocks on the move, Read more ...

Oil and gas names ( XLE +5.9% ) soar to the top of today's S&P sector leaderboard, as crude oil runs to highs of the day after U.S. stockpiles rose by 9M barrels for the week ending April 24, well below consensus estimates. More news on: Energy Select Sector SPDR ETF, SM Energy Com...

With the latest round of unemployment data indicating an additional 4.4 million Americans filed for unemployment, the total number of people filing for unemployment has now reached 26.5 million and the unemployment rate spiked over 20%. For context, the unemployment rate in March 2020 was 4.4%...

Last year was a tough one for Halliburton ( HAL ), the leading fracking services provider in the US, and things will get a whole lot worse in 2020. The plunge in oil prices and the resulting drop in drilling activity will push the company's earnings lower. Although Halliburton is facing a gr...

The S&P 500 was flat this week as investors still try to evaluate the impact of the COVID-19 crisis and the Fed stimuli on the economy. As written in my recent article , I do believe the economy will be hit much longer than the market prices in right now. However, I believe it could be in...

InsiderInsights' Daily Round Up articles rate the "Significance" of the Top 10 dollar value insider purchases and sales filed at the SEC on the Title date. Dollar value is only the most basic metric to assess the "Significance" of an insider transaction, however, and often not even the most im...

Schlumberger , Chevron , and even Russia's Rosneft seemingly want nothing to do with Venezuela and its sanctioned, oil-soaked economy, now that Venezuela's economy is falling apart ... and oil prices are going down . Today, yet another huge name in the oil patch announced that it is shutte...

Halliburton ( HAL +0.4% ) says it is shutting down primary operations in Venezuela to comply with U.S. sanctions against the country. More news on: Halliburton Company, Energy stocks news, Read more ...

Halliburton Company ( HAL ), the OFSE industry heavyweight, has recently presented its Q1 2020 results and negatively impressed the market with a humongous quarterly loss of above $1 billion caused by massive impairment. Another matter that added to its difficulties was the shocking situatio...