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Halliburton Co.

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After Hours

05/07/21

HAL
Halliburton Co.
/zigman2/quotes/210488727/composite

$

22.99

Change

+0.04 +0.17%

Volume

Volume 377,375

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/zigman2/quotes/210488727/composite

Previous close

$ 22.17

$ 22.95

Change

+0.78 +3.52%

Day low

Day high

$21.67

$22.99

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52 week low

52 week high

$9.12

$24.74

Open
2:57 a.m. April 21, 2021 - By Tomi Kilgore
Halliburton's stock rallies after swinging to profit that beat expectations, amid 'healthy' recovery in North AmericaShares of Halliburton Co. surged 2.3% in premarket trading Wednesday, after the oil services company swung to a first-quarter profit that beat expectations and revenue that topped forecasts. Net income was $170 million, or 19 cents a share, after a loss of $1.02 billion, or $1.16 a share, in the year-ago period. The FactSet consensus for earnings per share was 17 cents. Total revenue dropped 31.5% to $3.45 billion, but beat the FactSet consensus of $3.36 billion. Completion and Production revenue fell 37% to $1.87 billion, missing the FactSet consensus of $1.90 billion, and drilling and evaluation revenue declined 24% to $1.58 billion but beat expectations of $1.46 billion. "The first quarter marked an activity inflection for the international markets, while North America continued to stage a healthy recovery," said Chief Executive Jeff Miller. "I expect international activity growth to accelerate, and the early positive momentum in North America gives me confidence in the activity cadence for the rest of the year." Halliburton's stock has gained 4.8% year to date through Tuesday, while the VanEck Vectors Oil Services ETF has rallied 13.2% and the S&P 500 has advanced 10.1%.
7:15 a.m. April 6, 2021 - By Tomi Kilgore
Halliburton CEO Miller's total compensation jumped 75% in 2020 to more than $22 millionHalliburton Co. disclosed Tuesday in its proxy statement that Chief Executive Jeffrey Miller's total 2020 compensation rose 75% from the year before, as big increases in stock awards and non-equity incentive pay offset a dip in salary. Miller's base pay fell to $1.30 million in 2020 from $1.50 million in 2019, but total compensation increased to $22.32 million from $12.75 million. The value of stock awards grew to $9.69 million from $3.58 million and non-equity incentive plan compensation rose to $9.56 million from $5.73 million. The oil services company's stock tumbled 22.8% in 2020 after falling 7.9% in 2019. In comparison, the VanEck Vectors Oil Services ETF tumbled 41.9% in 2020 and crude oil futures shed 20.5% while the S&P 500 gained 16.3%.
7:50 a.m. Feb. 22, 2021 - By Tomi Kilgore
Energy sector ETF sees unanimous rally to 1-year high, led by Marathon Petroleum, as oil prices surgesThe energy sector is enjoying a unanimous surge Monday, as toward their highest prices in more than a year amid concerns that the winter storms will lead to reduced supply at a time that demand is growing. The SPDR Energy Select Sector ETF shot up 4.0% toward a one-year high in morning trading, with all 24 components gaining ground. Among some of the more active components, shares of Marathon Oil Corp. soared 9.7%, Schlumberger NV surged 6.6%, Occidental Petroleum Corp. climbed 6.3%, Halliburton Co. hiked up 5.8% and Chevron Corp. climbed 3.2%. Exxon Mobil Corp.'s stock jumped 3.8%, with Morgan Stanley adding it to the firm's "Fresh Money Buy List." Meanwhile, crude oil futures rose 2.9%. The energy ETF has now gained 34.2% over the past three months while the S&P 500 has advanced 9.3%.
2:57 a.m. Jan. 19, 2021 - By Ciara Linnane
Halliburton narrows loss as revenue tops estimatesOil services company Halliburton Inc. said Monday it had a net loss of $235 million, or 27 cents a share, in the fourth quarter, narrower than the loss of $1.654 billion, or $1.88 a share, posted in the year-earlier period. Adjusted to exclude severance and other charges, the company had per-share earnings of 18 cents, ahead of the 15 cents FactSet consensus. Revenue fell to $3.237 billion from $5.191 billion, but also beat the $3.213 billion FactSet consensus. Chief Executive Jeff Miller said he is "optimistic" about activity momentum in North America and expects international activity to bottom in the first quarter. The company booked $446 million of pre-tax impairments and other charges in the quarter, mostly due to a contemplated structured transaction for its North American real estate assets. Shares rose 2.4% premarket, but have fallen 13.4% in the last 12 months, while the S&P 500 has gained 13%.
10:47 a.m. Nov. 23, 2020 - By Tomi Kilgore
Energy sector sees broad, sharp gains as crude oil prices head for 3-month highThe energy sector enjoyed a broad, and in many cases sharp, rally in afternoon trading Monday, as on increasing hopes that a potential COVID-19 vaccine would fuel and economic recovery and spark demand for oil. The SPDR Energy Select Sector exchange-traded fund ran up 5.8%, toward the highest close since Aug. 17, with all 25 of its equity components trading higher. The ETF was biggest gainer of the 11 SPDR sector ETFs tracking the S&P 500's 11 key sectors. The biggest gainers were Occidental Petroleum Corp.'s stock , which soared 15.5%, and Diamondback Energy Inc.'s stock , which shot up 10.8%. Crude oil futures climbed 1.5% to $43.05, toward the highest close since Aug. 26. Among other more-active stocks in the energy ETF, shares of Marathon Oil Corp. hiked up 6.6%, Exxon Mobil Corp. advabced 5.4%, Kinder Morgan Inc. climbed 2.8% and Halliburton Co. hiked up 9.0%. In comparison, the S&P 500 tacked on 0.4%.
6:50 a.m. Oct. 26, 2020 - By Tomi Kilgore
Energy stocks take a dive as crude oil prices fall to 3-week lowEnergy stocks took a broad dive Monday, as amid concerns that the recent surge in new COVID-19 cases globally would sap demand. The SPDR Energy Select Sector ETF slumped 3.0%, and was the biggest decliner among SPDR ETFs tracking the S&P 500's 11 key sectors, with all 25 equity components losing ground. Apache Corp.'s stock was the ETF's (XLE) biggest decliner, as it dropped 6.3% toward a 6-month low. Among other more active XLE components, shares of Marathon Oil Corp. slid 5.3%, Occidental Petroleum Corp. shed 4.2%, Exxon Mobil Corp. slid 2.8%, Halliburton Co. declined 3.2% and Schlumberger NV gave up 3.2%. Meanwhile, crude oil futures fell 3.3% to a 3-week low.
2:55 a.m. Oct. 19, 2020 - By Tomi Kilgore
Halliburton's stock rises after profit beat, while revenue fell shortShares of Halliburton Co. rose 2.1% in premarket trading Monday, after the oil services company reported a third-quarter adjusted profit that topped expectations while revenue fell below forecasts. The company swung to a net loss of $17 million, or 2 cents a share, from net income of $295 million, or 34 cents a share, in the year-ago period. Excluding non-recurring items, such as $133 million for severance and other charges, adjusted earnings per share came to 11 cents, above the FactSet consensus of 8 cents. Revenue declined 46% to $2.98 billion, below the FactSet consensus of $3.09 billion. Completion and production revenue fell 55% to $1.57 billion to miss the FactSet consensus of $1.69 billion, while drilling and evaluation revenue dropped 31% to $1.40 billion to fall just shy of expectations of $1.42 billion. "The pace of activity declines in the international markets is slowing, while the North America industry structure continues to improve, and activity is stabilizing," said Chief Executive Jeff Miller. The stock has dropped 49.9% year to date through Friday, while the SPDR Energy Select Sector ETF has shed 49.7% and the S&P 500 has gained 7.8%.
10:20 a.m. Sept. 21, 2020 - By Tomi Kilgore
Energy stocks knocked down by tumbling crude oil, natural gas pricesThe energy sector was taking a broad beating, enough to pace all of the S&P 500's sectors in declines, amid a sharp drop in crude oil and natural gas prices and a selloff in the broader stock market. The SPDR Energy Select Sector ETF slid 4.6%, with all 26 components losing ground. Among the more active components, shares of oil and gas producers Exxon Mobil Corp. dropped 3.7%, Marathon Oil Corp. lost 5.6%, Occidental Petroleum Corp. shed 4.0% and Chevron Corp. declined 4.4%, while the stocks of oil services companies Halliburton Co. tumbled 9.9% and Schlumberger Ltd. sank 8.5%. Crude oil futures fell 4.8% to below $40 a barrel, amid , and natural gas futures plunged 11.3%. Meanwhile, the S&P 500 dropped 2.4%, with all 11 sector tracking ETFs losing ground.
9:57 a.m. Sept. 16, 2020 - By Tomi Kilgore
Energy stocks see broad rally as oil prices jumpEnergy stocks enjoyed a broad rally Wednesday, with the sector posting the biggest gains among the S&P 500 11 key sectors, as following data showing a drop in supply and as Hurricane Sally curtailed production. Chevron Corp.'s stock rallied 3.1% to be among the Dow Jones Industrial Average's top gainers, but was just the SPDR Energy Select Sector ETF's 24th-best performer. The energy ETF climbed 4.1% in afternoon trading, with all 26 components gaining ground. Among's the ETF's most-active members, shares of Occidental Petroleum Corp. jumped 9.3%, Marathon Oil Corp. hiked up 6.0%, Exxon Mobil Corp. rose 3.8%, Halliburton Co. advanced 4.9% and Schlumberger Ltd. shot up 5.1%. Meanwhile, crude oil futures climbed 4.5%.
6:26 a.m. Aug. 29, 2020 - By Philip van Doorn
These ‘Dividend Aristocrat’ stocks have been raising their dividends for decades, and there have been no dividend cuts during the pandemic Dozens of other S&P 500 companies, in contrast, have reduced their payoutsDozens of other S&P 500 companies, in contrast, have reduced their payouts.
5:27 a.m. Aug. 11, 2020 - By Philip van Doorn
After 150 days of the COVID-19 pandemic, here are the best- and worst-performing stocks The tech sector is still in the lead, but consumer-discretionary group trails only slightlyThe tech sector is still in the lead, but consumer-discretionary group trails only slightly.
4:24 a.m. July 20, 2020 - By Tomi Kilgore
Halliburton's stock swings higher after reporting surprise profit but revenue that missed expectationsShares of Halliburton Co. swung to a gain of 5.2% in premarket trading Monday, reversing an earlier loss, after the oil services company reported a surprise second-quarter adjusted profit but revenue that fell short of expectations. The company swung to a net loss of $1.68 billion, or $1.91 share, from net income of $75 million, or 9 cents a share, in the year-ago period. Excluding non-recurring items, such as a $1.1 billion impairment and other charges to adjust costs with market conditions, adjusted earnings per share came to 5 cents, compared with the FactSet consensus for a per-share loss of 11 cents. Revenue fell 46% to $3.20 billion, below the FactSet consensus of $3.31 billion. Completion and production revenue dropped 56% to $1.67 billion, just below the FactSet consensus of $1.70 billion, and drilling and evaluation revenue fell 28% to $1.52 billion to miss expectations of $1.62 billion. North America revenue dropped 68% to $1.05 billion, just shy of expectations of $1.08 billion. The company said results were pressured by a decrease in pumping activity and drilling-related services. Halliburton's stock has tumbled 46.6% year to date through Friday, while the VanEck Vectors Oil Services ETF has lost 54.2% and the S&P 500 has slipped 0.2%.
7:20 a.m. July 4, 2020 - By Philip van Doorn
These stocks, including Tesla and Apple, are the real winners for the second quarter of 2020 A select group of stocks rose in the second quarter and for all of 2020A select group of stocks rose in the second quarter and for all of 2020.
4:45 p.m. June 20, 2020 - By Philip van Doorn
Here are the best and worst stocks during the first 100 days of the coronavirus pandemic The information-technology and consumer-discretionary sectors were the top performers The information-technology and consumer-discretionary sectors were the top performers.
2:49 a.m. June 12, 2020 - By Philip van Doorn
These U.S. stocks led the market’s brutal decline Thursday Many of the troubled companies that had been leading the recovery got crushedMany of the troubled companies that had been leading the recovery got crushed.
12:19 p.m. June 8, 2020 - By Philip van Doorn
Investors’ overreaction creates short-term opportunities in stocks Low prices from mid-March presented investors with bargainsLow prices from mid-March presented investors with bargains.
11:38 a.m. June 6, 2020 - By Philip van Doorn
These stocks rose by double digits Friday as underperforming sectors bounced back Airline and energy stocks had among the biggest gains from a week earlierAirline and energy stocks had among the biggest gains from a week earlier.
5:05 a.m. May 22, 2020 - By Tomi Kilgore
Chevron, Exxon Mobil stocks decline to pace the Dow's losers as oil prices sell offShares of Chevron Corp. and Exxon Mobil Corp. fell in premarket trading Friday, enough to pace the Dow Jones Industrial Average's early decliners, as a selloff on crude oil futures weighed on the energy sector. Chevron shares shed 0.8% and Exxon Mobil's stock fell 0.6%, while rose 19 points, or 0.1%. Crude futures dropped 3.7%, in China and growing worries of increasing trade friction between the U.S. and China. The SPDR Energy Select Sector ETF slid TK% ahead of the open. Among other more-active energy stocks, Occidental Petroleum Corp. slipped 0.4%, Marathon Oil Corp. gave up 0.8%, Apache Corp. fell 1.1% and Halliburton Co. lost 1.3%.
2:56 a.m. May 20, 2020 - By Tomi Kilgore
Halliburton slashed dividend by 75%, stock gainsShares of Halliburton Co. rose 1.4% in premarket trading Wednesday, after the oil services company slashed its quarterly dividend by 75%, citing efforts to maintain a strong liquidity position given uncertainties regarding the depth and duration of the downturn in market conditions. The new dividend of 4.5 cents a share, down from 18 cents a share, will be payable June 24 to shareholders of record on June 3. Based on Tuesday's stock closing price of $11.15, the new annual dividend rate implies a dividend yield of 1.61%, compared with the yield for the SPDR Energy Select Sector ETF of 6.07% and the implied yield for the S&P 500 of 1.97%. Separately, Halliburton said annual retainers for its board of directors will be cut by 20%. The dividend cut comes as crude oil futures have plunged 47.4% year to date, as the COVID-19 pandemic has reduced demand and as the market grapples with a supply glut. Halliburton's stock has declined 54.5% this year, while the energy ETF has shed 37.0% and the S&P 500 has lost 9.5%.
1:01 p.m. May 18, 2020 - By Philip van Doorn
Here are Monday’s best stock-market performers as airlines and cruise lines shine Only one Dow Jones Industrial Average component declinedOnly one Dow Jones Industrial Average component declined.
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