Halliburton (HAL) closed at $29.10 in the latest trading session, marking a -0.68% move from the prior day.
HAL's North American segment, which accounts for more than 40% of its total revenue, has experienced significant challenges.
Earlier this month, Halliburton Company HAL said that a cyberattack had disrupted its critical business applications.
Halliburton NYSE: HAL is an energy sector giant renowned for its oilfield services. The company has experienced recent headwinds that have deflated Halliburton's stock price to a 52-week low.
The latest trading day saw Halliburton (HAL) settling at $28.31, representing a -1.29% change from its previous close.
Halliburton's multi-year contract with Petrobras is a significant growth driver, enhancing its Latin American operations amid Petrobras' aggressive CapEx plans for 2024 and 2025. The recent cyberattack on Halliburton, while concerning, is unlikely to materially impact financials or investor sentiment due to its limited disruption. Despite challenging North American market conditions, Halliburton's international segments show strong growth, offsetting regional weaknesses and supporting overall revenue stability.
Halliburton (HAL) reachead $29.42 at the closing of the latest trading day, reflecting a -1.44% change compared to its last close.
Shares of Halliburton (HAL) declined Tuesday after the biggest oilfield services provider warned it is facing financial losses from a cyberattack last month.
Energy giant Halliburton has confirmed its systems were hacked and that intruders “accessed and exfiltrated information” following a cyberattack last week.
Halliburton Co.'s stock fell 1% early Tuesday, after the oil services provider said the recent cyberattack has disrupted and limited access to some of its business applications.
U.S. oilfield services firm Halliburton said on Tuesday that an unauthorized third party accessed and exfiltrated information from its systems in a cyber attack in August.
Halliburton (HAL) reachead $31 at the closing of the latest trading day, reflecting a -1.96% change compared to its last close.