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HAL News and Press, Halliburton Company From 12/24/20

Stock Information

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

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HAL - 3 Stocks to Buy as Oil Continues to Rebound: Halliburton, Hess, and Cheniere Energy

The global oil market crashed following the pandemic induced halt in economic activities and short-lived OPEC+ price war. However, the market stabilized in mid-2020 following a series of actions undertaken by the OPEC+ alliance in order to curb the volatility. With growing optimism around the...

HAL - Halliburton to lay off 200-plus workers in north Texas

Halliburton ([[HAL]] -0.3%) says it will lay off 216 employees at Halliburton Energy Services in Carrollton, Tex., as the pandemic continues to depress demand for oilfield services and equipment.The facility is expected to remain open, the company tells the Texas Workforce Commission.Hal...

HAL - Core Labs cut to Sell-equivalent at J.P. Morgan on insufficient cash flow

Core Laboratories ([[CLB]] -5%) and Helmerich & Payne ([[HP]] -2.9%) fall sharply after J.P. Morgan downgrades shares to Underweight and Neutral, respectively, following recent runs higher.Core Labs has "disproportionally benefited" from the robust rally in the oilfield services and ...

HAL - My Rebuilt 44-Stock $300k Portfolio To Start 2021

The Welsh retirement portfolio of stocks updated for the Christmas rally and rebalanced to start 2021 diversified. Reasons why I like each and every stock and thoughts for investing in 2021. 80% of money managers can't outperform the S&P 500 nor my portfolio, and you shouldn't...

HAL - The Best Big-Cap Stocks To Buy On A Pullback

Our overbought indicator suggests the market could experience a 5% to 10% pullback soon. The best large-cap sectors and industries to buy, including industrials and financials. The highest-rated big-cap stocks to target on a correction. For further details see: The Best ...

HAL - Baker Hughes: Too High Too Fast

Revenues were $5,049 million this quarter, down 14.1% from the same quarter a year ago and up 6.5% sequentially. As of September 30, 2020, the company had cash and cash equivalents of approximately $4.061 Billion, down from $4.132 Billion the preceding quarter. It is time to take ...

HAL - Transocean, Liberty Oilfield cut at Wells Fargo as fracking recovery delayed

Transocean ([[RIG]] -6.5%) and Liberty Oilfield Services ([[LBRT]] -2.9%) open sharply lower after Wells Fargo downgrades shares, with a cautious view on the rate of Lower 48 activity growth in next year's H1, which could push prospects for frac pricing improvement to H2 2021 or later.Transoc...

HAL - What's Hot and What's Not on the Robinhood Top 100 Since Biden's Election Win

November was an eventful month, in which election results and vaccine news sent the markets into a frenzy. And a lot has changed on the Robinhood Top 100 list during that time. The Top 100 is a great place to check to see what's hot with young retail investors. The trading platform has surg...

HAL - The Grinch Could Derail The Santa Claus Rally This Year

Strong cross-currents increase risk of a correction. The best sectors are industrials, financials, and consumer goods. The top stocks to buy in every sector. For further details see: The Grinch Could Derail The Santa Claus Rally This Year

HAL - Oil and gas sector sails to four-session win streak on OPEC+ compromise

Energy stocks ([[XLE]] +4.6%) again lead the S&P 500 sector standings, rising for a fourth straight day, Index Friday after OPEC+ agreed to ease production cuts next year.The sector has surged 9.7% just since the start of December, extending its Q4 gain to 32.3% compared with a 9.7% QTD g...

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