The Energy sector has revived in 2025, with a rotation into oil & gas laggards, boosting shares of companies like Halliburton. I have a buy rating on HAL, citing its single-digit earnings multiple, key chart support, and potential for a post-earnings jump. Despite a disappointing Q3 2024, HAL's strong free cash flow and potential international growth make it a compelling long-term investment.
Halliburton is a strong market player with a diversified portfolio and a global footprint, making it a solid investment at a PE ratio of 9. Despite recent revenue declines, HAL's buybacks, decent dividend yield, and optimistic oil prices suggest potential recovery and growth opportunities in 2025. HAL's balance sheet shows good near-term soundness, though high long-term debt remains a concern, with a forward PE ratio indicating undervaluation.
Halliburton (HAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Halliburton (HAL) closed at $27.75 in the latest trading session, marking a +0.33% move from the prior day.
HAL partners with Coterra Energy to introduce the Octiv Auto Frac service, automating hydraulic fracturing for enhanced efficiency and control across operations.
HAL acquires Optime Subsea to integrate its umbilical-less technology and provide it with global market access.
In the most recent trading session, Halliburton (HAL) closed at $29.20, indicating a +0.45% shift from the previous trading day.
HAL's significant exposure to the North American market - where approximately 40% of its revenues are generated - poses a key risk.
In the closing of the recent trading day, Halliburton (HAL) stood at $30.02, denoting a -1.9% change from the preceding trading day.
HAL launches the Intelli suite to enhance well diagnostics, offering innovative solutions for increased production and reduced costs in oil and gas operations.
Namibia's growing oil and gas industry convinced HAL to open new facilities to provide better oil field services.
After a 15% decline since the beginning of the year, at the current price of around $30 per share, we believe Halliburton stock (NYSE: HAL), an energy company organized into the exploration, development, and production of oil and natural gas - has upside potential in the longer run with limited growth prospects in the near term. HAL's peer SLB stock (NYSE: SLB) is down 14% this year to $44.