The Halliburton Company (HAL) has been in the spotlight with various key events. Some investors see it as one of the most promising energy stocks and a promising retirement investment. As a result, companies like IFP Advisors Inc, J.W. Cole Advisors Inc, and Anchor Capital Advisors LLC have increased their holdings. However, larger shareholders such as Private Advisor Group LLC, Sanctuary Advisors LLC, and Truist Financial Corp have reduced their stakes. The stock has also been named 'Bear of the Day' as it continues to face declines, dipping by 3.2% this week. Despite the recent downturn, some analysts like Jim Cramer feel that HAL is a bargain trade and expects more upside. While the company faces fluctuating energy markets and declining oil prices, some analysts believe it has up to 10% upside, while others signal short selling. Following its Q3 and Q4 earnings calls, the company revealed some key stats and announced their dividend per share. Despite criticism over the company's performance, some financial entities consider its fundamentals to be strong while others have reduced their stakes. Lastly, the company announced the launch of a revolutionary drilling system for Equinor and introduced EcoStar eTRSV, innovating well safety.
Halliburton Company HAL News Analytics from Wed, 03 Jul 2024 07:00:00 GMT to Sat, 01 Mar 2025 11:28:10 GMT - Rating -5 - Innovation 3 - Information 2 - Rumor -5