Halliburton Company (HAL) is currently trading at $40.65, marking a price increase of 51.5 cents (1.28%) from the previous close of $40.13. The trading volume is $4.50 million, 29.34% higher than the average. Despite market fluctuations, HAL demonstrates resilience in its performance.
HAL's latest quarterly earnings report, released on Monday, April 20th, revealed a consensus estimate EPS of 0.5. The company continues to maintain a positive earnings trajectory.
The company offers a forward dividend yield of 1.67%, with a dividend per share of 17 cents MRQ and 68 cents TTM. HAL's consistent dividend payouts reflect its stable financial health.
Recently graded by Jefferies on April 26, HAL received a "Buy" rating, reaffirming its positive outlook in the market.
HAL reported a free cash flow of $81 million, with a net change in cash of -$203 million. The company's operating cash flow remains strong at $273 million.
HAL generated revenue of $5.40 billion, leading to a net income of $461 million. The company's EPS stands at 55 cents, showcasing profitability in its operations.
With a net profit margin of 8.53% and a return on equity of 4.26%, HAL maintains a solid financial standing amidst market challenges.
The company shows total assets of $25.14 billion and total liabilities of $14.32 billion, reflecting a healthy balance sheet structure.
Halliburton Company's consistent performance and financial stability position it well for future growth opportunities. Investors can find reassurance in HAL's strong fundamentals and positive market outlook.
Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; and pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning. This segment also provides electrical submersible pumps, as well as artificial lift services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; oilfield completion, production, and downstream water and process treatment chemicals and services; drilling systems and services; wireline and perforating services consists of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.