Edgestream Partners L.P. decreased its holdings in
Halliburton Company ($HAL) whereas several others, including Norges Bank, Quadrature Capital Ltd, and Swiss National Bank, increased their holdings. However, Charles Schwab Investment Management Inc., Westerkirk Capital Inc., Groupama Asset Management, among others, also upped their position in HAL. The company appointed
Shannon Slocum to important executive roles and added
Timothy Leach to its board of directors. Amid oil market dynamics, Halliburton has seen gains, with an expansion of their board as a confidence booster for shareholders. Notably, the company announced a dividend of $0.17. Pressures persist with lower expectations for Q2 profits, significant cost-cutting measures, and the fallout from the Company's recent $1.3b market cap drop. The company is also evaluating valuation after its new dividend commitment. Some reports suggest Halliburton stock outperforms the S&P500, others question HAL's financial health, attributing part of its performance to robust financials.
Halliburton Company HAL News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 06 Dec 2025 11:18:56 GMT -
Rating 1
- Innovation 0
- Information 5
- Rumor -5
