HAL News and Press, Halliburton Company From 05/26/20

Halliburton ( HAL +2.7% ) is higher even after UBS downgraded shares to Sell from Neutral with a $7.50 price target, seeing earnings upside as less likely compared with consensus estimates. More news on: Halliburton Company, Baker Hughes Company, TechnipFMC plc, Energy stocks news, Sto...

COVID-19 challenges result in numerous sequential dividend cuts for midstream. The pie charts below show the quarter-over-quarter (Q/Q) changes to distributions/dividends for the constituents of the Alerian MLP Index (AMZ), Alerian MLP Infrastructure Index (AMZI), and Alerian Midstrea...

The energy sector ( XLE +3.9% ) is the leading performer for the day and the week, as U.S. crude oil ( CL1:COM ) closed at its highest in more than two months ; July WTI +4.8% at $33.49/bbl, and July Brent +3.2% at $35.75/bbl. More news on: Energy Select Sector SPDR ETF, Crude Oil F...

Halliburton (NYSE: HAL ) declares $0.045/share quarterly dividend , -75% decrease from prior dividend of $0.180. Forward yield 1.61% Payable June 24; for shareholders of record June 3; ex-div June 2. Dividend has been slashed considering the current market conditions and uncertai...

Is oil really back over $30 ? Why yes it is, and our call to buy Halliburton ( HAL ) has netted 50% gains in less than a month. That is exactly how we like to trade/invest. We find beaten-down names that have the potential for a rapid snapback, investigate, and if it meets our criteria, we ...

Shares of drilling services giant Schlumberger NV (NYSE: SLB) rallied as much as 11.5% in early trading on May 18. Energy sector peer Patterson-UTI Energy (NASDAQ: PTEN) jumped nearly 14%. And Halliburton Company (NYSE: HAL) topped out at just under 15%. The companies gave back a p...

Energy ( XLE +7.7% ) leads the S&P sector standings on a day of broad gains with all 11 groups gaining 1% or more, as WTI June crude (NYSEARCA: USO ) soars +12.2% to $33.03/bbl, its highest level since mid-March, and July Brent (NYSEARCA: BNO ) +9.1% to $35.46/bbl, its best level i...

TULSA, OK, May 18, 2020 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company"), today announced the appointment of William Albrecht as independent Chairman of the Board of Directors (the "Board"), succeeding Randy Foutch upon the expiration of Mr. Foutch's term o...

Crude oil prices ( CL1:COM ) closed lower, even after U.S. data showed an unexpected weekly decline in domestic crude supplies, a fall in stocks at the Cushing storage hub, and a Saudi-Russian statement of commitment to oil market stability . More news on: Crude Oil Futures, National Oi...

Markets have settled and recovered from the initial shock of the coronavirus spread and the response of governments around the US and the world to lock down the economy. But while the major US indices have approached, if not quite matched, the fabled v-shaped recovery, there are still plenty o...