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Halliburton (NYSE:HAL) on Monday named Eric Carre as its new CFO, replacing Lance Loeffler, who will assume the role of senior VP of the company’s Middle East North Africa region. Carre had been executive VP of global business lines and chief health, safety and environment officer, aft...
Halliburton Company (NYSE: HAL) today announced senior executive leadership changes as part of its robust succession management process. Effective immediately, Lance Loeffler, executive vice president and chief financial officer (CFO) will assume the role of senior vice president of the...
Shale production has plateaued and could actually be on the decline. This contradicts expectations for substantial growth currently in place. We discuss recent data from an industry expert that highlights reasons why these expectations simply cannot be met. There is no such th...
Halliburton (NYSE:HAL) +2% and Schlumberger (NYSE:SLB) +1% as HSBC upgraded the stocks to Buy from Hold, with respective price targets of $41.60 and $44.20 raised from $36.60 and $40.60, as shares have pulled back a bit from recent 52-week highs. Halliburton (HAL) is well placed to capit...
Commodity and resource equity markets faced unprecedented challenges in the first quarter of the year, demonstrating the need for increased growth in sectors connected to global resources. The narrative around metals and their critical role in the global energy transition has firmly e...
The net income was $263 million this quarter compared with $170 million a year ago. First-quarter 2022 adjusted net income per share was $0.35 from $0.19 in the year-ago quarter. The company believes that this first quarter's robust business results indicate that the oilfields service...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Oil stocks are sliding today as investors bet that Covid-19 containment measures in China will reduce the country’s demand for petroleum. Specifically, after China implemented lockdowns in portions of Beijing, the pr...
Oil services stocks have soared in 2022 and have been one of the few bright sparks in a declining stock market. With a whopping 80% rise in 2022, Halliburton (NYSE: HAL) has been one of the standout winners as oil has soared above $100 a barrel this year. Is now the time to join in ...
The management team at Halliburton Company recently announced favorable results covering the first quarter of the company's 2022 fiscal year. The picture moving forward is appealing right now, but if the recovery does not last, then shares are likely fairly valued. Meanwhile, a fu...
Halliburton (NYSE:HAL) fell more than 3% Friday after disclosing the Russian government could seize its $340M in assets in the country, and sanctions imposed by the U.S., the European Union and other countries mean it must wind down certain contracts in Russia by May 15. Halliburton (HAL) sai...
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