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Halliburton (HAL)

(Delayed Data from NYSE)

$31.00 USD

31.00
4,842,079

-0.23 (-0.74%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $30.98 -0.02 (-0.06%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value A Growth F Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 10% (226 out of 250)

Industry: Oil and Gas - Field Services

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Zacks News

Marathon (MPC) Overcomes Lower Margins, Tops Q2 Earnings

by Zacks Equity Research

In Q2, Marathon Petroleum (MPC) spent $569 million on capital programs (53% on Refining & Marketing and 42% on the Midstream segment) compared to $562 million in the year-ago period.

Imperial (IMO) Q2 Earnings Rise Y/Y, Sales Lag Estimates

by Zacks Equity Research

Imperial Oil (IMO) expects a capital spending budget of C$1.7 billion for 2024, with Upstream segment production expected in the range of 420,000-442,000 gross oil-equivalent barrels per day.

Murphy Oil (MUR) Earnings Beat in Q2 on Strong Production

by Zacks Equity Research

Murphy Oil's (MUR) second-quarter earnings are better than estimates. The company continues to reduce its debts and raise shareholder value through buybacks.

Occidental (OXY) Q2 Earnings Surpass Estimates, Revenues Lag

by Zacks Equity Research

Occidental Petroleum's (OXY) second-quarter earnings are better than estimated. Strong production volume from domestic assets continues to drive the performance of the company.

Targa (TRGP) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

by Zacks Equity Research

Targa (TRGP) anticipates its capital expenditure for 2024 to be at $2.7 billion, with net maintenance capital expenditures amounting to $225 million.

Devon Energy (DVN) Q2 Earnings Beat Estimates, '24 View Raised

by Zacks Equity Research

Devon Energy's (DVN) second-quarter earnings are better than estimates and the company has raised 2024 guidance to accommodate the strong performance in the first half.

Canadian (CNQ) Q2 Earnings Rise Y/Y, Sales Beat Estimates

by Zacks Equity Research

Canadian (CNQ) projects total liquid production to range from 977-1,008 thousand barrels of oil equivalent per day, with total capital expenditures amounting to C$5,420 million for 2024.

Should You Invest in the VanEck Oil Services ETF (OIH)?

by Zacks Equity Research

Sector ETF report for OIH

TC Energy (TRP) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

by Zacks Equity Research

TC Energy (TRP) anticipates its 2024 comparable EBITDA to be between C$11.2 billion and C$11.5 billion, and net capital expenditures in the range of C$8-C$8.5 billion.

ProPetro (PUMP) Q2 Earnings Fall Y/Y, Sales Lag Estimates

by Zacks Equity Research

ProPetro (PUMP) expects full-year 2024 capital expenditures to be between $175 million and $200 million, with 14 active frac fleets operating in the third quarter of 2024.

Magnolia (MGY) Q2 Earnings Rise Y/Y, Revenues Lag Estimates

by Zacks Equity Research

Magnolia (MGY) plans to invest $120 million in drilling and completion in the third quarter of 2024, with an anticipated production of 91,000 barrels of oil equivalent per day.

Chevron (CVX) Q2 Earnings Miss on Natural Gas, Refining Woes

by Zacks Equity Research

Chevron (CVX) pays $3 billion in dividends during the second quarter and spends around $4 billion in capital and exploratory expenditures.

Transocean's (RIG) Q2 Loss Wider Than Expected, Revenues Lag

by Zacks Equity Research

Transocean (RIG) expects full-year 2024 operations and maintenance costs to range between $2.2 billion and $2.3 billion, with general and administrative costs anticipated to be $215 million.

Ovintiv's (OVV) Q2 Earnings Beat Estimate, Revenues Lag

by Zacks Equity Research

Ovintiv (OVV) expects capital expenditure in the $530-$570 million range for the third quarter of 2024 and between $2.25 and $2.35 billion for the full year.

New Strong Sell Stocks for July 31st

by Zacks Equity Research

EDRY, HAL and HMN have been added to the Zacks Rank #5 (Strong Sell) List on July 31, 2024.

Northern (NOG) Q2 Earnings and Revenues Outpace Estimates

by Zacks Equity Research

Northern (NOG) expects annual oil production of 70,000-73,000 barrels per day and total production of 115,000-120,000 barrels of oil equivalent per day in 2024.

TechnipFMC (FTI) Q2 Earnings Beat, Revenues Rise Y/Y

by Zacks Equity Research

TechnipFMC (FTI) expects revenues in the range of $7.6-$7.8 billion and $1.2-$1.35 billion for Subsea and Surface Technologies, respectively, for 2024.

Patterson-UTI (PTEN) Q2 Earnings Fall Y/Y, Sales Lag Estimates

by Zacks Equity Research

Patterson-UTI (PTEN) anticipates to generate 40% of its free cash flow from adjusted EBITDA by 2024.

NOV Q2 Earnings Surpass Estimates, Revenues Increase Y/Y

by Zacks Equity Research

NOV expects a flat or low single-digit revenue growth year over year, with adjusted EBITDA between $270 million and $305 million for the third quarter of 2024.

Core Laboratories (CLB) Q2 Earnings Beat & Revenues Lag

by Zacks Equity Research

Core Laboratories (CLB) expects Reservoir Description revenues of $86.5-$89.5 million and Production Enhancement revenues of $44.5-$47.5 million for the third quarter of 2024.

Oceaneering (OII) Q2 Earnings Lag Estimates, Revenues Beat

by Zacks Equity Research

Oceaneering (OII) expects full-year 2024 consolidated adjusted EBITDA to be between $340 million and $370 million, with net income anticipated to range from $130 million to $150 million.

Helmerich & Payne (HP) Q3 Earnings and Sales Beat Estimates

by Zacks Equity Research

Helmerich & Payne (HP) estimates a capital expenditure of $500 million for the fiscal year 2024, with depreciation and amortization expenses of $400 million.

Nabors (NBR) Reports Wider-Than-Expected Q2 Loss as Costs Rise

by Zacks Equity Research

Nabors (NBR) anticipates third-quarter 2024 capital expenditures to range between $190 and $200 million, including $80 to $85 million allocated for new projects in Saudi Arabia.

HAL & SLB: Comparative Financial Analysis of Q2 Earnings

by Zacks Equity Research

Both Halliburton (HAL) and SLB (SLB) look forward to solid momentum in international markets during the second half of the year.

Nilanjan Banerjee headshot

Should Investors Steer Clear of SLB Stock After Q2 Earnings?

by Nilanjan Banerjee

SLB recently reported strong Q2 earnings, but the North American rig count data indicates a bearish outlook for the business.