Halliburton Company (HAL) has been in the news for a variety of reasons. Financial expert, Jim Cramer has painted a picture of a great company underperforming, while other analysts see immense potential for the energy giant. Various asset management firms such as
TD Asset Management Inc. and Allianz Asset Management GmbH have adjusted their holdings in HAL, mostly indicating reduction of their investment. However,
Banque Cantonale Vaudoise and offers such as
Victory Capital Management Inc. and AustralianSuper Pty Ltd increased their stakes. The corporate earnings show certain volatility with mixed results.
The company's planned launch of a closed-loop fracturing system with Chevron in Colorado indicates signs of innovation. Meanwhile, decreasing demand for oilfield equipment has adversely affected the company. Of note, the company recently announced dual listing on NYSE Texas, interesting many investors. The company projects lower expectations for Q2 profits and anticipates tariffs cutting up to $26 million from earnings. In midst of fluctuating stakes and market condition, despite certain setbacks, various reputation authorities still consider Halliburton as an undervalued investment worth consideration.
Halliburton Company HAL News Analytics from Sun, 17 Nov 2024 08:00:00 GMT to Sat, 02 Aug 2025 09:55:36 GMT -
Rating -3
- Innovation -1
- Information 7
- Rumor -2
