Several investment entities have made new investments or boosted their stock positions in Halliburton Company (NYSE:HAL). These include Impact Partnership Wealth LLC, South Dakota Investment Council, Cwm LLC, Cerity Partners LLC, New York State Common Retirement Fund, and Victory Capital Management Inc. However, Halliburton's stock has experienced fluctuations, with it notably dropping ahead of earnings results and sliding as the market rises. The company's Q2 earnings are anticipated, and it is expected to launch a closed-loop fracturing system with Chevron in Colorado. Meanwhile, analysts have cut Halliburton's price target to $31.00 due to various reasons including geopolitical tensions such as the Israel-Iran ceasefire. The oilfield services company also made executive moves, appointing Stephanie Holzhauser as the new Senior Vice President. Halliburton is also gaining momentum from key collaborations and has caught the government's attention with its game-changing electric fracking technology. Despite these developments, its stock continues to underperform, prompting advice from experts to rethink buying into the 20% YTD dip in Halliburton's stock.
Halliburton Company HAL News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 19 Jul 2025 14:59:42 GMT - Rating -7 - Innovation 0 - Information 7 - Rumor -5
