Halliburton CEO sees ‘more risk' to company's outlook than 3 months ago [Yahoo! Finance]
Piper Sandler Companies (PIPR)
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Source: Yahoo! Finance
will continue to deflate the company's stock price in the near term, Halliburton chairman and CEO Jeff Miller said. Halliburton was the first of the so-called Big Three oilfield services firms—along with SLB and Baker Hughes—to report its first-quarter earnings, which fell short of analyst expectations as the stock price plunged by about 6% on April 22. Of the Big Three, Halliburton is the most exposed to North America which, because of the quicker turnaround times for oil wells in the onshore U.S., tends to slow down faster than the rest of the world when oil prices decline as they have in recent weeks and months. Miller said tariff impacts on steel and equipment are expected to decrease Halliburton's stock price per share by 2-3 cents in the second quarter. While the industry is buoyed by international offshore work that's on the upswing, overall international revenue is expected to be flat to down in 2025. “There is more risk embedded in our outlook today than three months
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PIPR
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- 10/31/25 - Beat
PIPR
Sec Filings
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- PIPR's page on the SEC website