Halliburton Company, a significant player in the global energy sector, seems to be holding considerable attention from various institutional owners, demonstrating consistent confidence in its potential growth. Major shareholder groups, including QRG Capital Management Inc., Cwm LLC, and Atria Investments Inc., have recently increased their holdings. Additionally, wealth management firm Simplicity Wealth LLC's holdings stand at $591,000. Firms such as Cetera Advisors LLC and Cetera Investment Advisers have procured subsequent shares of Halliburton's stocks. Despite underperforming in the market on various occasions, there have been instances where Halliburton stocks have risen.
Offshore Intervention and
P&A Contract in Brazil has been awarded to the company, demonstrating expansion and geographical reach. Despite a sharp full-year revenue drop, echoing the North American weakness, analysts remain hopeful about the company's solid fundamentals. Coincidentally, it's speculated that underperformance might make Halliburton a prospective multi-bagger. Halliburton’s strong international oilfield demand paints a positive picture contrasting its stock dip. Second quarter 2024 earmarked strong international growth, with Halliburton's Q2 revenue matching estimates. Another notable achievement includes the receipt of the best profit in 12 years despite shrinking Shale.
Halliburton Company HAL News Analytics from Sat, 09 Dec 2023 20:53:01 GMT to Sun, 11 Aug 2024 13:32:10 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor -7
