HAL News and Press, Halliburton Company From 09/21/20

Major benchmarks stumbled into the week, with most stock market indexes falling more than 2% by 11 a.m. EDT on Monday. That sell-off spilled over into the energy market, causing crude oil prices to plunge nearly 5%, putting downward pressure on most energy stocks ....

Halliburton's Q2 revenue and EBITDA fell hard. North America E&P is in free fall due to customers' budget exhaustion and a declining rig count. Cost takeouts helped buoy margins. These could pay dividends down the road if oil markets stabilize. It must monetize working capital...

Source: Fuelfix Business activity practically ground to a halt after the knock effects of the coronavirus materialized in February. Shelter-in-place orders led to millions of Americans being stuck at home. Oil prices plummeted and Q2 GDP declined over 30%. Supply cuts from OPEC, Russia a...

Introduction On a rainy day, a few weeks back, I did some ruminating on the macro factors behind the extended price distress in oil that's been in force for the last half-decade. The objective of this investigation was to look for indicators that might suggest the start of an extended upturn...

Energy ( XLE +4.2% ) tops today's S&P sector leaderboard, with crude oil extending its rally following an unexpected drop in crude inventories . More news on: Energy Select Sector SPDR ETF, Diamondback Energy, Inc., TechnipFMC plc, Energy stocks news, Commodities news, Stocks on the...

The  S&P 500 Index  (SNPINDEX: ^GSPC) has been doing its best yo-yo impression over the past week. Today's close was almost 1.8% lower, giving up almost 60 points after gaining 67 points, or 2%, yesterday . It's the fourth session in the past five market days that the index, whi...

Halliburton Labs today announced that its first advisory board members will be Reginald DesRoches, John Grotzinger, and Walter Isaacson. Advisory board members will help guide Halliburton Labs’ vision, strategy, evaluation of applicants, cohort selection and other matters. This press...

This is a Z4 Research mid quarter update. We have written a number of times on LBRT for Seeking Alpha, most recently here at $6.40 in the article "Liberty Oilfield Services is at the fundamental nadir of 2020". The Deal: Liberty is acquiring Schlumberger's OneStim making LBRT the...

This article was highlighted for PRO subscribers, Seeking Alpha’s service for professional investors. Find out how you can get the best content on Seeking Alpha here . Business Overview: TETRA Technologies ( TTI ) is an oil and gas services company and provider of calcium chlor...

Liberty Oilfield Services ( LBRT +36.1% ) soars to its highest in seven months after its acquisition of Schlumberger's ( SLB -0.5% ) North American fracking business more than doubles the size of its frack fleet in a market that has sidelined 75% of U.S. crews this year. More n...