14-Sep-2024 3:11 AM CST : Halliburton, the oilfield services giant, has been at a disadvantage due to its lower overall revenue diversification compared to competitors like Schlumberger and Baker Hughes. This was stated by an analyst in recent news articles. The company's stock price has fallen as a result of this issue, with shares slipping 1.96% on Wednesday.
In addition to the financial impact, Halliburton also faced disruptions due to a cyberattack that forced it to shut down certain systems and limit access to business applications. This incident was confirmed by the company in recent filings with government regulators. The attack allowed an unauthorized third party to gather information from its systems, causing further complications for the oil services provider.
Despite these challenges, Halliburton's stock price has shown some resilience, closing $12.76 below its 52-week high of $43.85 on Friday. However, it is essential to note that this does not necessarily mean investors should be optimistic about the company's future prospects. The recent cyberattack and revenue diversification issues have raised concerns among analysts and investors alike.
* AI generated summary of articles
HAL News
14-Sep-2024 5:27 AM CST - Nasdaq RBC Capital Downgrades Halliburton (XTRA:HAL) Fintel reports that on September 13, 2024, RBC Capital downgraded their outlook for Halliburton ( XTRA:HAL) from Outperform to Sector Perform.
13-Sep-2024 12:06 PM CST - Fintel RBC Capital Downgrades Halliburton (HAL) Fintel reports that on September 13, 2024, RBC Capital downgraded their outlook for Halliburton (NYSE:HAL) from Outperform to Sector Perform. Analyst Price Forecast Suggests 60.48% Upside As of August 26,
13-Sep-2024 8:33 AM CST - The Fly Moderna, Halliburton downgraded: Wall Street's top analyst calls RBC Capital downgraded Halliburton (HAL) to Sector Perform from Outperform with a price target of $37, down from $44. As the global exploration and production cycle progresses, the stock looks less attractive relative to Halliburton's large cap peers, the analyst says.
13-Sep-2024 6:31 AM CST - MarketBeat Is Halliburton Stock a Good Buy at Current Levels? Halliburton (NYSE: HAL) is an energy sector giant renowned for its oilfield services. The company has experienced recent headwinds that have deflated Halliburton's stock price to a 52-week low. This decline has sparked debate among investors and Halliburton's analyst community.
11-Sep-2024 11:32 PM CST - Yahoo Finance Is Halliburton Company (HAL) the Best 52-Week Low Dividend Stock To Consider? The stock has fallen by over 19% since the start of 2024. Should the issue be resolved, Halliburton Company (NYSE:HAL) still has potential for growth, as indicated by its recent quarterly earnings. In the second quarter of 2024, the company's returns and ...
10-Sep-2024 4:15 PM CST - Business Wire Halliburton Third Quarter 2024 Earnings Conference Call Halliburton Company (NYSE: HAL) will host a conference call on Thursday, November 7, 2024, to discuss its third quarter 2024 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET). The Company will issue a press release regarding the third quarter 2024 earnings prior to the conference call. The press release will be posted on the Halliburton website at www.halliburton.com. Please visit the Halliburton website to listen to the call via live webcast. A rec
14-Sep-2024 3:11 AM CST : Halliburton, the oilfield services giant, has been at a disadvantage due to its lower overall revenue diversification compared to competitors like Schlumberger and Baker Hughes. This was stated by an analyst in recent news articles. The company's stock price has fallen as a result of this issue, with shares slipping 1.96% on Wednesday.
In addition to the financial impact, Halliburton also faced disruptions due to a cyberattack that forced it to shut down certain systems and limit access to business applications. This incident was confirmed by the company in recent filings with government regulators. The attack allowed an unauthorized third party to gather information from its systems, causing further complications for the oil services provider.
Despite these challenges, Halliburton's stock price has shown some resilience, closing $12.76 below its 52-week high of $43.85 on Friday. However, it is essential to note that this does not necessarily mean investors should be optimistic about the company's future prospects. The recent cyberattack and revenue diversification issues have raised concerns among analysts and investors alike.
* AI generated summary of articles
HAL News
14-Sep-2024 5:27 AM CST - Nasdaq RBC Capital Downgrades Halliburton (XTRA:HAL) Fintel reports that on September 13, 2024, RBC Capital downgraded their outlook for Halliburton ( XTRA:HAL) from Outperform to Sector Perform.
13-Sep-2024 12:06 PM CST - Fintel RBC Capital Downgrades Halliburton (HAL) Fintel reports that on September 13, 2024, RBC Capital downgraded their outlook for Halliburton (NYSE:HAL) from Outperform to Sector Perform. Analyst Price Forecast Suggests 60.48% Upside As of August 26,
13-Sep-2024 8:33 AM CST - The Fly Moderna, Halliburton downgraded: Wall Street's top analyst calls RBC Capital downgraded Halliburton (HAL) to Sector Perform from Outperform with a price target of $37, down from $44. As the global exploration and production cycle progresses, the stock looks less attractive relative to Halliburton's large cap peers, the analyst says.
13-Sep-2024 6:31 AM CST - MarketBeat Is Halliburton Stock a Good Buy at Current Levels? Halliburton (NYSE: HAL) is an energy sector giant renowned for its oilfield services. The company has experienced recent headwinds that have deflated Halliburton's stock price to a 52-week low. This decline has sparked debate among investors and Halliburton's analyst community.
11-Sep-2024 11:32 PM CST - Yahoo Finance Is Halliburton Company (HAL) the Best 52-Week Low Dividend Stock To Consider? The stock has fallen by over 19% since the start of 2024. Should the issue be resolved, Halliburton Company (NYSE:HAL) still has potential for growth, as indicated by its recent quarterly earnings. In the second quarter of 2024, the company's returns and ...
10-Sep-2024 4:15 PM CST - Business Wire Halliburton Third Quarter 2024 Earnings Conference Call Halliburton Company (NYSE: HAL) will host a conference call on Thursday, November 7, 2024, to discuss its third quarter 2024 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET). The Company will issue a press release regarding the third quarter 2024 earnings prior to the conference call. The press release will be posted on the Halliburton website at www.halliburton.com. Please visit the Halliburton website to listen to the call via live webcast. A rec
