HAL News and Press, Halliburton Company From 06/21/22

No sector is safe in bear markets and the current selling of winning stocks is typical of the later innings of market declines, MKM Partners says. "The high degree of correlation between Crude Oil (CL1:COM) (USO) (CO1:COM) (BNO) and Energy stocks (NYSEARCA:XLE) broke last week," MKM Chief Mar...

XES has benefited from the oil price spike, but return has lagged other oil investments. Drilling rig counts have rebounded since 2020 but remain far below 2014. Long-term oil production outlook peaks in late 2020s. Renewables and ESG concerns more important to investors. ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks ended a third straight weekly decline on a modestly upbeat note in a volatile session on Friday, but still suffered the largest weekly percentage de...

The Russian invasion of Ukraine is about to reshape Europe’s energy markets forever. The geopolitical tensions are unlikely to ease anytime soon, which is a good thing for oil companies such as Exxon Mobil, as they’ll continue to benefit from high oil prices. As Euro...

The oil and gas sector (NYSEARCA:XLE) lost the most ground among S&P sectors in Wednesday's trading, as crude oil futures fell to two-week lows on concerns about demand and the Federal Reserve's aggressive rate hikes. Energy stocks sold off sharply after the Federal Reserve raised interes...

Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, July 19, 2022, to discuss its second quarter 2022 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time). The Company will issue a press release regarding the second quarter 2022 e...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s been almost a linear move higher for investors in oil and gas company Halliburton  (NYSE: HAL ). Today, HAL stock is up another 0.5%, and this stock hit a fresh new 52-week high. While Halliburton stil...

Exxon Mobil (NYSE:XOM) closed +4.6% in Tuesday's trading to easily breach $100 and reach its highest level in eight years, closing less than a dollar from its all-time closing high of $104.38 set on June 23, 2014. Exxon (XOM) enjoyed some Wall Street love from Evercore ISI, which upgraded the...

Higher oil and gas prices should create a more favorable environment for oilfield service companies, at least in the short term. Halliburton is focused on margins rather than growth, for now. Growth, in addition to improved profitability is required to justify the current share price ...

BP continues to throw money down wind farm and other green energy "rabbit holes." Its oil and gas reserves are declining and will continue to do so. The company's primary source of revenue at present. They have no firm dates for showing a profit in green energy nor any roadmap as ...