Halliburton offers a variety of services and products for oil and gas companies throughout the world. The company’s finishing and manufacturing segment provide increased production services, including sand stimulation and control. and cement services such as B. Terminals, downhole casings, and casing equipment. It also offers finishing tools that offer degradation solutions and services, including well completion products and services, smart good devices, booster and sand suspension systems, and service tools.
Manufacturing solutions include spiral hoses, hydraulic repairs and dehumidifiers; and pipeline services and technology such as pre-commissioning, commissioning, maintenance, and deactivation. Also, this segment offers chemicals and services for oil, water, and downstream; and advanced electric submersible pumps and cavity pumps and artificial lifting services.
Details of stock
Halliburton’s shares or hal stock at https://www.webull.com/quote/nyse-hal traded at $ 7.83 on March 11, 2020, when COVID-19 reached a pandemic status, according to the World Health Organization. Since then, HAL’s shares have risen 54.5% and now trades at $ 12.10. Halliburton is expected to release its next quarterly earnings announcement on Monday, July 20, 2020. Halliburton (NYSE: HAL) announces the results of its earnings on Monday, April 20. The oil company reported earnings of $ 0.31 per share (EPS) for the quarter, exceeding analyst consensus estimates from $ 0.24 to $ 0.07.
Oil services companies earned $ 5.04 billion in the quarter, compared with a consensus estimate of $ 5.04 billion. Haliburton has a return on positive equity of 13.50% and a negative net margin of 10.60%. The company’s sales decline by 12.2% every year. In the same quarter last year, the company reported earnings of $ 0.23 per share.
Analysis of hal stock
Haliburton approved a three-month dividend on Wednesday, May 20. A dividend of $ 0.045 per share will be paid to registered investors on Wednesday, June 24, on Wednesday, June 3. This is equal to an annual dividend of $ 0.18 and a return of 1.49%. The last dividend day is Tuesday 2 June. 26 analysts have set 12-month price targets for Halliburton shares. Their estimates range from $ 4.00 to $ 26.00. On average, they estimate that Halliburton’s share price will reach $ 12.32 next year. This shows the possibility of a 1.8% increase in the current stock price.
The hal stock short-term interest is growing in May. On May 15, there were 51,160,000 shares, up 12.4% compared to April 30 to 45,500,000 shares. With an average daily trading volume of 30,800,000 shares, the day-to-cover ratio is currently 1.7 days. At present, 5.9% of the company’s shares are sold for a short time. Halliburton has a market capitalization of $ 10.62 billion and annual sales of $ 22.41 billion. The oil services company generated a net profit (profit) of $ -1,131,000,000.00 or $ 1.24 per year based on earnings per share. Halliburton employs 55,000 people worldwide. If you want to know more stock information like mcd stock, you can visit at https://www.webull.com/quote/nyse-mcd .