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HAL News and Press, Halliburton Company From 07/15/20

Stock Information

Company Name: Halliburton Company
Stock Symbol: HAL
Market: NYSE
Website: halliburton.com

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HAL - Halliburton, Schlumberger raised at Cowen, eyeing cost savings revisions

Halliburton (NYSE: HAL )   +3.5% and Schlumberger (NYSE: SLB )   +2.3% after Cowen upgrades both to Outperform from Market Perform with respective $17 and $27 price target, with the firm anticipating positive updates on cost savings from Q2 earnings reports as the most importan...

HAL - S&P 500 Roars Back: Oil Stocks Up, Bank Stocks Down, Will COVID-19 Shutdowns End the Rally?

After ending things in an ugly manner yesterday and finishing down nearly 1% , the S&P 500  (SNPINDEX: ^GSPC) closed in a flourish on July 14, gaining 42 points, or 1.34%, on the day. The S&P is still down about 1% for the year, but on a total returns basis that includes dividen...

HAL - Forget Oilfield Services Stocks, Pipeline Stocks Are the Better Buy Right Now

The oil and gas sector is a volatile place right now, and there's a lot of danger. But there's also opportunity -- if you know where to look.  Here's why it could be better to invest in pipeline stocks instead of oilfield services stocks for now. Image Source: Getty Images. Continue r...

HAL - Halliburton, TechnipFMC team up to launch subsea fiber optic service

Halliburton ( HAL -4.9% ) and TechnipFMC ( FTI -7.5% ) unveil Odassea, which the partners say is the first distributed acoustic sensing solution for subsea wells . More news on: Halliburton Company, TechnipFMC plc, Energy stocks news, Stocks on the move, Read more ...

HAL - Energy shares lag as virus worries weigh crude oil

Heavy selling pressures the S&P energy sector ( XLE -3.9% ) to its lowest level since mid-May, as crude oil ( CL1:COM ) falls sharply on investor fears that renewed lockdowns to contain the spread of coronavirus in the U.S. will again depress fuel consumption . More news on: Energy ...

HAL - Oilfield Suppliers With The Best Chance Of Prospering

The oilfield supply sector has been one of the most cyclical and maligned sectors in the investment arena. There's reason to believe the strongest names will soon gain their footing, and more. Few sectors have ever fallen farther over any extended period than oilfield suppliers have sinc...

HAL - Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service

Technology creates a paradigm shift to reduce reservoir uncertainty and lower total cost of ownership Halliburton Company (NYSE: HAL) and TechnipFMC (NYSE:FTI) today introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform en...

HAL - Why Halliburton's Stock Rallied 10% in June

Shares of  Halliburton   (NYSE: HAL) rebounded 10.5% in June, according to data provided by  S&P Global Market Intelligence . The main catalyst driving up the oil field services stock was a move by OPEC. Oilfield services stocks, including Halliburton,  soa...

HAL - Halliburton: Take The Profits And Wait For The Next Leg Down

About three months ago, I wrote an article in which I stated that Halliburton ( HAL ) had plunged to the extreme and thus it would greatly reward investors if the pandemic did not last longer than expected. Since my article, the stock has rallied 55% and hence the big question is what invest...

HAL - Halliburton: Light At The End Of Tunnel

Halliburton ( HAL ) is facing a tough outlook. The dip in oil prices has fueled an unprecedented decline in drilling activity, with the US oil producers significantly slashing capital expenditures and the rig count falling to historical lows. Halliburton posted decent results for Q1-2020 but...

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