Halliburton sees 20 pct lower capital spending in 2019 [Reuters]
Halliburton Company (HAL)
Last halliburton company earnings: 4/20 06:45 am
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Source: Reuters
Halliburton sees 20 pct lower capital spending in 2019 Jan 22 (Reuters) - Oilfield services provider Halliburton Co on Tuesday forecast a 20 percent lower capital expenditure in 2019 compared with a year earlier. The Houston-based company expects to spend $1.6 billion this year, Chief Financial Officer Lance Loeffler said on a post-earnings call with analysts. The company spent $2.03 billion in 2018. Halliburton follows larger rival Schlumberger NV, which also forecast a lower 2019 capital expenditure last Friday. (Reporting by John Benny in Bengaluru; Editing by Shinjini Ganguli) Our Standards: The Thomson Reuters Trust Principles.
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News
- Is There An Opportunity With Halliburton Company's (NYSE:HAL) 28% Undervaluation? [Yahoo! Finance]Yahoo! Finance
- Halliburton (NYSE: HAL) had its price target raised by analysts at Jefferies Financial Group Inc. from $49.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
- Halliburton (NYSE: HAL) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Halliburton (NYSE: HAL) had its price target lowered by analysts at Wells Fargo & Company from $50.00 to $49.00. They now have an "overweight" rating on the stock.MarketBeat
- Is Trending Stock Halliburton Company (HAL) a Buy Now? [Yahoo! Finance]Yahoo! Finance
HAL
Earnings
- 4/23/24 - Beat
HAL
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- HAL's page on the SEC website