Baker Hughes Sees Rising Demand for Oil Amid Economic Recovery [Financial Post (Toronto, Ontario, Canada)]
Halliburton Company (HAL)
Last halliburton company earnings: 4/20 06:45 am
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Source: Financial Post
“We believe the broader macro recovery should translate into rising energy demand for 2022 and relatively tight supplies for oil and natural gas,” Chief Executive Officer Lorenzo Simonelli said Thursday in the Houston-based company's fourth-quarter earnings report. 18 best online deals in the Canadian retail space right now Advertisement The hired hands of the oil patch are staging a comeback after the coronavirus pandemic triggered an historic blow to crude demand. Baker Hughes, along with Schlumberger and Halliburton Co., have endured years of painful cost-cutting and made efforts to pivot away from the boom-and-bust shale patch. But with the global economy rebounding, the world's three biggest oilfield servicers are expected to deliver strong results for the final three months of 2021. Advertisement Article content “The economic recovery coupled with several years of oilfield underspending has given rise to a new energy cycle,” Charles Minervino, an analyst at Susqueha
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News
- Halliburton (NYSE: HAL) had its price target raised by analysts at Citigroup Inc. from $45.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
- Halliburton (NYSE: HAL) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $45.00 price target on the stock.MarketBeat
- Halliburton Company (NYSE:HAL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Rhino Resources and Halliburton to Sign Contract for Integrated Deep-Water Services Offshore NamibiaBusiness Wire
- Halliburton (NYSE: HAL) had its price target raised by analysts at TD Cowen from $47.00 to $48.00. They now have a "buy" rating on the stock.MarketBeat
HAL
Earnings
- 4/23/24 - Beat
HAL
Sec Filings
- 4/24/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/2/24 - Form DEFA14A
- HAL's page on the SEC website