HAL News and Press, Halliburton Company From 11/17/20

The U.S. Treasury Department issues a new license to Chevron ([[CVX]] -1.2%), the last major U.S. oil company still operating in Venezuela, extending a deadline until June 3 to wind down its joint ventures in the country amid U.S. sanctions.Chevron has operated since January with a special U....

Halliburton (HAL) declares $0.045/share quarterly dividend, in line with previous.Forward yield 1.41%Payable Dec. 23; for shareholders of record Dec. 3; ex-div Dec. 2.See HAL Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Halliburton declares $0.045 div...

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HAL's Q3 revenue fell Q/Q in the high-single-digit percentage range. North America, its largest region, continued to falter. Cost take-outs allowed EBITDA to grow and EBITDA margin to improve. I expect HAL to continue to retrench until the pandemic subsides. HAL has ample liquidit...

Oil services stocks are under pressure in morning trading, with the energy sector posting the biggest losses of the day.Schlumberger (SLB) is off 1.7%, Transocean (RIG) is sliding 4.8% and Halliburton (HAL) is down 2.8%.Last week, Scotiabank said the said oilfield service secto...

Oil and gas plays are getting hit late as oil prices as the mild enthusiasm for the overall energy sectors seen this week fades.Crude oil has reversed direction and is down 2% below $40/barrel, with some analysts pointing to the stalemate in stimulus talks as a reason to bid the mar...

Halliburton's revenue is likely to increase in the near-term on the back of higher international activities. The company has a strong international presence and should benefit if the decline in U.S. oil production enables the international short-cycle producers to regain market share....

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Gap narrows on stimulusHouse Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin appear to be making progress in their latest coronavirus stimulus t...

We know it is hard to be bullish on names here, but it becomes easier when you think long term. Q3 earnings suggest the bottom is likely in for oil markets, and despite top line declines, earnings were strong. Cost controls continue to ensure profitability. As we look ahead, w...

Image source: The Motley Fool. Halliburton (NYSE: HAL) Q3 2020 Earnings Call Oct 19, 2020 , 9:00 a.m. ET Operator Continue reading For further details see: Halliburton (HAL) Q3 2020 Earnings Call Transcript