Varying narratives concerning
Halliburton Company (HAL) persist in the market. Its
future 3-5-year total revenue growth rate is projected at 2.00% as of Nov 30, 2024. The company's stock has experienced retraction due to declining oil prices and economic slowdown. Despite this, factors such as its
Resilient International Growth and its strategic
Expansion in Namibia by opening new facilities emphasize its strong position in the biotech market. Consequently, despite underperforming compared to its competitors,
Fisher Asset Management LLC has increased its stock holdings in Halliburton. The company's Q3 earnings preview did reveal points to consider, however, Jim Cramer views Halliburton as a bargain. The company’s stock offers potential upside despite a volatile energy market, with its intrinsic value standing at $32.72 as of Nov 26, 2024. The company announced a
$0.17 per share Q4 2024 dividend payment and has a strong following among institutional investors. Nonetheless, HAL's U.S. Business stumbles have impacted revenue, and challenges have affected its financial results. Its Q2 results may propel it higher, but the recent
cyberattack disrupted business activities. A significant insider sell was also reported.
Halliburton Company HAL News Analytics from Tue, 04 Jun 2024 07:00:00 GMT to Sat, 30 Nov 2024 07:59:07 GMT -
Rating -1
- Innovation 1
- Information 5
- Rumor -3
