Multiple establishments such as Quantbot Technologies LLP and Dimensional Fund Advisors LP have recently been involved in the purchase and sale of the shares of Halliburton Company HAL. This includes entities varying from pension funds like that of State of New Jersey to asset management firms like Black Cypress Capital Management LLC. Additionally, some shareholders such as Rep. Lisa C. McClain, showed mixed actions by both purchasing and selling shares. There has been a decline in Halliburton's share prices post their last earnings report. However, their shares have garnered a consensus rating of \"Moderate Buy\" among analysts. Amid market fluctuations, the company lands a $3.5 billion credit agreement and gets awarded a $328M contract with Petrobras. Nevertheless, lower Q2 profit expectations cast a shadow. Despite a 33% loss last year, recent gains offer relief to institutional owners. Regardless of a downward trend in earnings and shareholder returns, Halliburton displayed resilience by securing major contracts and employing strategies such as launching closed-loop fracturing systems. Halliburton's path, however, remains uncertain with market analysts offering mixed outlooks on the company's prospects.
Halliburton Company HAL News Analytics from Fri, 14 Feb 2025 08:00:00 GMT to Sat, 23 Aug 2025 23:30:05 GMT - Rating 0 - Innovation -7 - Information 8 - Rumor -3
