Related posts
This Week’s Stock Picks & BNN Top Picks Summary: VZ-N, MSFT-Q and 24 Stock Top Picks (Apr 12-18)BOC holds rate, oil sinksTSX edges up, but Wall St. fear ratesThis summary was created by AI, based on 5 opinions in the last 12 months.
Experts are generally positive about Halliburton Co, highlighting its strong financials with growing cash reserves, retired debt, and share buybacks. They also note the company's solid 30% ROE and positive guidance for its international and construction businesses. However, there is some concern about the bearish oil outlook due to Russia's deceptive selling to fund its war in Ukraine. Overall, the company's performance and outlook are seen as favorable, but there are cautionary notes about the broader oil market.
They just topped EPS, but missed revenues, with US revenue falling sequentially. Guidance was positive with oilfield services to remain strong; their international business will drive growth (i.e. Middle East, Africa). They're also confident about their construction business.
The time to buy oil stocks was over a month ago, not now after the price of crude as surged. Where were these "buy" experts? He just sold some shares of HAL into strength to take profits.
Is bearish because Russia will keep selling deceitfully its oil around the world to fund its Ukraine war. Given this, he trimmed HAL.
(A Top Pick November 10/17 - Down 5%.) Continuous to like it. They have had some issues similar to what Canadian companies have in terms of not being able to get the product out. Not enough pipelines. It is happening in the Permian Basin, in Texas. Easier to solve there. He is expecting $2 a share in 2018 in terms of earnings and $3 next year and the stock is going to reflect that.
Halliburton Co is a American stock, trading under the symbol HAL-N on the New York Stock Exchange (HAL). It is usually referred to as NYSE:HAL or HAL-N
In the last year, 3 stock analysts published opinions about HAL-N. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Halliburton Co.
Halliburton Co was recommended as a Top Pick by on . Read the latest stock experts ratings for Halliburton Co.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Halliburton Co In the last year. It is a trending stock that is worth watching.
On 2024-04-23, Halliburton Co (HAL-N) stock closed at a price of $38.59.
We again reiterate this global oilfield service providers as a TOP PICK. Continued positive outlooks for oil prices will stimulate demand for their services, causing analysts to expect over 30% growth in cash flow. Quarterly cash reserves are growing again while debt is retired and shares bought back. It trades at 13x earnings and supports a 30% ROE. We recommend trailing up the stop (from $33) to $35 at this time, looking to achieve $47 -- upside potential over 20%. Yield 1.6%
(Analysts’ price target is $47.49)