71 stories mentioning HALUpdated 12d ago
Every FINWIRES story that references HAL, newest first.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Eric Carre, Executive Vice President & Chief Financial Officer, on August 31, 2026, sold 24,777 shares in Halliburton (HAL) for $929,138. Following the Form 4 filing with the SEC, Carre has control over a total of 124,105 common shares of the company, with 124,105 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/45012/000167342126000014/xslF345X05/wk-form4_1788291977.xml
Energy stocks were mixed late Friday afternoon, with the NYSE Energy Sector Index easing 0.1% and the State Street Energy Select Sector SPDR ETF (XLE) increasing 0.6%.The Philadelphia Oil Service Sector Index added 1%, and the Dow Jones US Utilities Index was falling 1.2%.In geopolitical news, mediators in the Iran war are stepping up efforts to get the Strait of Hormuz reopened, with Tehran agreeing to draw up a list of conditions to restore normal traffic after a Qatari emissary pressed the Iranians to respect freedom of navigation, Reuters reported.Front-month West Texas Intermediate crude oil shed 0.2% to $83.40 a barrel, and the global benchmark Brent crude contract shed 0.4% to $89.31 a barrel. Henry Hub natural gas futures fell 1.4% to $2.87 per 1 million BTU.In sector news, Venezuela is considering leaving OPEC as it deepens ties with the US, Bloomberg reported. The idea has been discussed with US officials, though no final decision has been made, according to the report. The potential exit comes as Washington takes greater control of Venezuela's oil sales and negotiates a possible stake in the country's oil fields, Bloomberg said. Venezuela produced 1.16 million barrels a day in July, according to a Bloomberg survey, with output rising this year. Bloomberg said Venezuela's departure would likely have little immediate impact on global oil markets given its diminished production, but may raise fresh questions about OPEC's cohesion and its ability to influence crude prices.In corporate news, Chevron (CVX) is nearing a deal to expand its operations in Venezuela by adding two new heavy-oil fields to its portfolio, The Wall Street Journal reported. Halliburton (HAL) is also in talks to provide its equipment to oil producers in Venezuela, the report said. Chevron shares rose 1%, and Halliburton gained nearly 2%.Evolution Petroleum (EPM) shares rose 2% after Northland upgraded the company to outperform from market perform.BW LPG (BWLP) shares fell 2.1% after it reported lower Q2 revenue.AES (AES) shares were down 0.2%. The company said late Thursday it has secured approval from the Committee on Foreign Investment in the US for its pending merger with Horizon Parent and Horizon Merger Sub.
Energy stocks were mixed Friday afternoon, with the NYSE Energy Sector Index fractionally lower and the State Street Energy Select Sector SPDR ETF (XLE) increasing 0.3%.The Philadelphia Oil Service Sector Index added 0.9%, and the Dow Jones US Utilities Index was falling 1.4%.In geopolitical news, mediators in the Iran war are stepping up efforts to get the Strait of Hormuz reopened, with Tehran agreeing to draw up a list of conditions to restore normal traffic after a Qatari emissary pressed the Iranians to respect freedom of navigation, Reuters reported.Front-month West Texas Intermediate crude oil shed 0.2% to $83.39 a barrel, and the global benchmark Brent crude contract shed 0.4% to $89.33 a barrel. Henry Hub natural gas futures fell 1.3% to $2.88 per 1 million BTU.In sector news, Venezuela is considering leaving OPEC as it deepens ties with the US, Bloomberg reported. The idea has been discussed with US officials, though no final decision has been made, according to the report. The potential exit comes as Washington takes greater control of Venezuela's oil sales and negotiates a possible stake in the country's oil fields, Bloomberg said. Venezuela produced 1.16 million barrels a day in July, according to a Bloomberg survey, with output rising this year. Bloomberg said Venezuela's departure would likely have little immediate impact on global oil markets given its diminished production, but may raise fresh questions about OPEC's cohesion and its ability to influence crude prices.In corporate news, Chevron (CVX) is nearing a deal to expand its operations in Venezuela by adding two new heavy-oil fields to its portfolio, The Wall Street Journal reported. Halliburton (HAL) is also in talks to provide its equipment to oil producers in Venezuela, the report said. Chevron shares rose 0.9%, and Halliburton gained 2%.Evolution Petroleum (EPM) shares rose 1.7% after Northland upgraded the company to outperform from market perform.BW LPG (BWLP) shares fell 2.3% after it reported lower Q2 revenue.
(Corrects media attribution to the Wall Street Journal in the first paragraph.)Chevron (CVX) and other US energy companies are nearing multibillion-dollar deals to invest in Venezuela's oil fields, with Chevron close to adding two heavy-oil fields to its operations, the Wall Street Journal reported Friday, citing people familiar with the matter.Halliburton (HAL) is negotiating to supply equipment to oil producers, while executives from several energy companies plan to sign oil production agreements in Caracas next week, with US Energy Secretary Chris Wright also expected to travel to Venezuela, the report said.ExxonMobil (XOM) and ConocoPhillips (COP) plan to stay out of Venezuela for now, while both companies continue to seek billions of dollars in compensation for assets that Hugo Chavez nationalized in 2007, according to the report.Chevron, Halliburton, Exxon Mobil and ConocoPhillips did not immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $201.58, Change: $+1.81, Percent Change: +0.90%
Energy stocks advanced Friday afternoon, with the NYSE Energy Sector Index up 0.1% and the State Street Energy Select Sector SPDR ETF (XLE) increasing 0.4%.The Philadelphia Oil Service Sector Index added 0.9%, and the Dow Jones US Utilities Index was falling 1.4%.Front-month West Texas Intermediate crude oil rose 0.1% to $83.59 a barrel, and the global benchmark Brent crude contract shed 0.4% to $89.34 a barrel. Henry Hub natural gas futures fell 1.5% to $2.87 per 1 million BTU.In corporate news, Chevron (CVX) is nearing a deal to expand its operations in Venezuela by adding two new heavy-oil fields to its portfolio, The Wall Street Journal reported. Halliburton (HAL) is also in talks to provide its equipment to oil producers in Venezuela, the report said. Chevron shares rose 1%, and Halliburton gained 1.8%.
Chevron (CVX) and other US energy companies are nearing multibillion-dollar deals to invest in Venezuela's oil fields, with Chevron close to adding two heavy-oil fields to its operations, Bloomberg reported Friday, citing people familiar with the matter.Halliburton (HAL) is negotiating to supply equipment to oil producers, while executives from several energy companies plan to sign oil production agreements in Caracas next week, with US Energy Secretary Chris Wright also expected to travel to Venezuela, the report said.ExxonMobil (XOM) and ConocoPhillips (COP) plan to stay out of Venezuela for now, while both companies continue to seek billions of dollars in compensation for assets that Hugo Chavez nationalized in 2007, according to the report.Chevron, Halliburton, Exxon Mobil and ConocoPhillips did not immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $201.12, Change: $+1.35, Percent Change: +0.67%
All three major US stock indexes were up in late-morning trading Friday, as market participants parsed Federal Reserve Chairman Kevin Warsh's speech at the Jackson Hole Economic Policy Symposium in Wyoming.In the speech, Warsh said inflation is the more concerning part of the Fed's dual mandate while recommitting to the central bank's 2% policy target. The new chair also restated his belief that forward guidance can handcuff the Fed, preventing it from making key decisions.In company news, Advent and Stripe have abandoned their $50 billion bid to buy PayPal (PYPL), Bloomberg reported Friday, citing people familiar with the matter. PayPal shares were down 11.5% around midday.Marvell Technology (MRVL) reported fiscal Q2 adjusted earnings late Thursday of $0.94 per diluted share, up from $0.67 a year earlier and above the FactSet consensus estimate of $0.93. Fiscal Q2 revenue was $2.74 billion, up from $2.01 billion a year ago and above the FactSet consensus of $2.72 billion. For fiscal Q3, the company said it expects adjusted EPS of $1.10, plus or minus $0.05, on revenue of $3.15 billion, plus or minus 5%. Analysts polled by FactSet expect $1.08 and $3.04 billion, respectively. Marvell shares were down 8.2%.Chevron (CVX) is nearing a deal to expand its operations in Venezuela by adding two new heavy-oil fields to its portfolio, The Wall Street Journal reported Friday, citing people familiar with the matter. Halliburton (HAL) is also in discussions to provide its suite of equipment to oil producers in Venezuela, the report said, citing the people. Chevron and Halliburton shares were up 0.6% and 1%, respectively.BioNTech (BNTX) said Friday that it terminated its phase 2 trial evaluating autogene cevumeran as an adjuvant monotherapy in patients with high-risk stage II or stage III colorectal cancer. The trial's independent safety board recommended discontinuing treatment and ending the trial, as further continuation was unlikely to change the efficacy outcome, the company said. BioNTech shares were down 7.5%.Amazon.com (AMZN) has signed a power purchase agreement in Germany and invested in four Swedish wind energy projects, the company said Friday. The e-commerce giant said it agreed to buy 600 megawatts of electricity from the planned Gennaker offshore wind farm in the Baltic Sea. Shares of Amazon were up 4.2%.Price: $54.41, Change: $-7.06, Percent Change: -11.49%
Chevron (CVX) is nearing a deal to expand its operations in Venezuela by adding two new heavy-oil fields to its portfolio, The Wall Street Journal reported Friday, citing people familiar with the matter.Halliburton (HAL) is also in discussions to provide its suite of equipment to oil producers in Venezuela, the report said, citing the people.The companies didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $200.60, Change: $+0.83, Percent Change: +0.42%
Chevron, Halliburton Near Deals to Invest Billions of Dollars in Venezuelan Oil, The WSJ Reports
Energy stocks were falling premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) down 1.4%.The United States Oil Fund (USO) was down 3.3% and the United States Natural Gas Fund (UNG) was 2.2% lower.Front-month US West Texas Intermediate crude oil was 3.3% lower at $82.18 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 3.2% to reach $89.19 per barrel, and natural gas futures were down 2.8% at $2.70 per 1 million British Thermal Units.Equinor (EQNR) plans to boost production outside Norway to 950,000 barrels of oil equivalent per day by 2030, while generating $20 billion of free cash flow from 2026 to 2030, the company's Executive Vice President Philippe Mathieu said. Shares of Equinor were down more than 1% pre-bell.Woodside Energy (WDS) stock was down more than 2% even after the company posted higher H1 earnings and revenue.Halliburton (HAL) won a contract from BP (BP) to support appraisal work at the Bumerangue field offshore Brazil, the company said. Halliburton shares were down more than 1% premarket.
Jeffrey Shannon Slocum, Director, Executive Vice President and COO, on August 19, 2026, sold 52,572 shares in Halliburton (HAL) for $1,844,751. Following the Form 4 filing with the SEC, Slocum has control over a total of 118,730 common shares of the company, with 118,730 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/45012/000197035726000016/xslF345X05/wk-form4_1787259159.xml
Halliburton's (HAL) Halliburton Labs unit said Thursday it added Electroflow, Osmoses and SiTration to its collaborative ecosystem, bringing in technologies focused on battery materials, industrial gas separation and critical-metal recovery.Electroflow develops technology to produce lithium iron phosphate cathode material directly from lithium brines, while Osmoses offers membrane technology designed to reduce the energy use, costs and emissions associated with industrial gas separation.SiTration develops electro-extraction and filtration technologies to recover copper and other critical metals from mining waste, with applications also extending to precious metals and rare-earth concentrates, Halliburton Labs said.Price: $35.86, Change: $+0.83, Percent Change: +2.38%
Jeffrey Allen Miller, Director, President & CEO, on August 18, 2026, sold 124,483 shares in Halliburton (HAL) for $4,356,905. Following the Form 4 filing with the SEC, Miller has control over a total of 889,389 common shares of the company, with 889,389 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/45012/000155866726000020/xslF345X05/wk-form4_1787167249.xmlPrice: $34.99, Change: $+0.33, Percent Change: +0.94%
Jeffrey Shannon Slocum, Director, Executive Vice President and COO, on August 18, 2026, sold 16,121 shares in Halliburton (HAL) for $565,573. Following the Form 4 filing with the SEC, Slocum has control over a total of 171,302 common shares of the company, with 171,302 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/45012/000197035726000014/xslF345X05/wk-form4_1787167265.xmlPrice: $34.98, Change: $+0.32, Percent Change: +0.92%
Halliburton (HAL) has an average rating of overweight and mean price target of $43.71, according to analysts polled by FactSet.Price: $34.19, Change: $-0.23, Percent Change: -0.67%
Investor optimism over oilfield service pricing weakened last week as frac pricing gains failed to materialize and AI-linked energy stocks sold off, TPH Energy Research said in its Monday energy weekly note.Halliburton (HAL) and Liberty Energy (LBRT) cooled expectations for broader hydraulic fracturing pricing gains, TPH said.Upstream companies had already signaled mostly stable pricing in early July, but the industry's reluctance to discuss its 2027 outlook surprised investors, according to TPH.The AI-driven market pullback weighed on modular power companies. Shares of Solaris Energy Infrastructure (SEI) fell about 36% from June 30 before rebounding 18% since Thursday, TPH said.TPH attributed the selloff to the unwinding of AI trades after leveraged South Korean retail investors and AI-focused funds, including Situational Awareness, managed by Leopold Aschenbrenner, liquidated positions.Despite slower-than-expected contract awards, TPH said electricity markets remain short of power over the next several years. That supply imbalance continues to support the long-term investment case, according to the note.Enbridge (ENB) said the Blackcomb pipeline, with about 2.5 billion cubic feet per day of Permian takeaway capacity, is moving toward commissioning. The startup should provide a clearer picture of Permian gas production, according to TPH.TPH expects Blackcomb to further tighten the Waha basis by about 20 cents to 30 cents during the first half of 2027 as additional pipeline capacity enters service.TPH added the market continues to overestimate Permian production shut-ins. Improvements in Waha pricing since the Hugh Brinson project and the Gulf Coast Express expansion entered service support a stronger outlook.On natural gas, TPH said weaker prices are prompting producers to adjust 2027 development plans.Price: $32.04, Change: $-0.22, Percent Change: -0.67%
Halliburton (HAL) has entered an agreement to develop Australian energy firm Beetaloo Energy's a vertically integrated data center project in the Northern Territory of Australia, according to Beetaloo Thursday.As per the non-binding memorandum of understanding, Halliburton is expected to provide technical services support to assess and develop upstream gas resources required for the project, Beetaloo Energy said in a statement on Thursday.The project will rely on Beetaloo Energy's Beetaloo Basin gas resources and a newly acquired 185-hectare site at Weddell, near Darwin.Halliburton is expected to help with upstream field development, integrated drilling services, and project execution.The project is contingent upon concept studies, consortium formation, financing, and relevant government and regulatory approvals, the statement said.Beetaloo Digital is a wholly-owned subsidiary of Beetaloo Energy which intends to create a vertically integrated infrastructure supported by the parent company's gas resource in the Beetaloo Basin, Northern Territory.It intends to produce new capacity instead of using power from the existing grid, the statement said.
US land drillers kept the active rig count unchanged at 572 over the week, with only minor shifts between oil and gas rigs, RBC Capital Markets said in a Sunday note.RBC said the Baker Hughes (BKR) US land rig count remained at 572. The US oil rig count fell by one to 436, while the gas rig count increased by one to 127, the note said.Oil rigs increased by eight over the month, while gas rigs added two. The Permian Basin lost one rig to 258, representing 59% of Lower 48 oil rigs and 45% of total US land rigs.RBC said Helmerich & Payne (HP) remained the largest Permian driller with 90 rigs, representing 33% of basin activity. Patterson-UTI Energy (PTEN) operated 33 rigs, accounting for 12%, while Nabors Industries (NBR) ran 29 rigs, or 11%.The note said Exxon Mobil (XOM) led Permian operators with 33 rigs, followed by Devon Energy (DVN) with 22 and Occidental Petroleum (OXY) with 20. Private operators accounted for 44% of active rigs, up from 43% a year earlier.RBC said Eagle Ford activity remained unchanged at 47 rigs. Among drilling contractors, Helmerich & Payne led with 17 rigs, representing 33% of the total, followed by Nabors Industries with 12 rigs, or 24%, and Patterson-UTI Energy with seven rigs, or 14%.The note said ConocoPhillips (COP) led operators in the Eagle Ford with seven rigs, followed by EOG Resources (EOG) with six and Crescent Energy (CRGY) with four. Private operators increased their share to 53% from 38% a year earlier.Haynesville added one rig over the week to 56. Among drilling contractors, Helmerich & Payne led with 11 rigs, representing 18% of the total, followed by Independence Contract Drilling with nine rigs, or 15%, and Nabors Industries with eight rigs, or 13%.Apex remained the largest operator in the Haynesville with 14 rigs, while Adamas operated seven and Expand Energy (EXE) ran five. Private operators accounted for 74% of active rigs, compared with 70% a year earlier.RBC said its oilfield services coverage group advanced 1.1% over the week, while West Texas Intermediate crude climbed 7.8% during the same period.The note said Element Technical Services posted the strongest weekly gain at 15.8%, followed by SLB (SLB) at 11.6% and NOV (NOV) at 6.4%.RBC said Halliburton (HAL) declined 5.3%, Atlas Energy Solutions (AESI) dropped 15.0%, and Liberty Energy (LBRT) fell 27.2%. Its oilfield services coverage group has gained 34.1% over the year, compared with an 8.9% increase in the S&P 500 Index.
Halliburton (HAL) delivered a "messy" Q2 update, with margin pressure in Q2, while the Q3 outlook came in 2% below market estimates, UBS said in a note Sunday.The miss was due to some temporary headwinds, including higher mobilization costs, which should roll off in Q4, the report said.Looking ahead, the note said North America activity should improve in H2 and into 2027, while recent Middle East contract wins and International growth should support long-term outlook.UBS kept its neutral rating while lowering its price target to $39 from $40.Price: $32.63, Change: $-0.73, Percent Change: -2.20%
Global oil prices pulled back from a spike late last week, as easing geopolitical tensions following a pause in direct US-Iran strikes outweighed fresh friction in the Bab el-Mandeb Strait and ongoing disruptions to key Middle Eastern trade routes, according to TPH Energy Research in a Monday note.Matt Portillo, analyst at TPH Energy, said Brent crude futures hovered at about $88.20 per barrel, retreating from a peak of $96.80/bbl hit on Friday.The pullback follows optimism surrounding potential peace talks and indications that further immediate escalation has been averted.However, energy markets remain on edge. TPH analysts said that while US and Iranian officials have paused hostilities, Saudi-Houthi tensions escalated last week.The Houthis implemented a naval blockade in the Bab el-Mandeb Strait, targeted two Saudi oil tankers, and launched strikes at Saudi oil infrastructure, which were successfully defended, following a retaliatory strike by Riyadh.Flows through key regional arteries remain complicated. Transits through the Strait of Hormuz are significantly depressed, and about 4 to 4.5 million barrels per day of Yanbu oil exports must be rerouted.TPH said two Chinese tankers laden with Saudi crude recently managed to transit the Strait, market participants are grappling with logistical bottlenecks, as fully laden Very Large Crude Carriers are unable to pass through the Suez Canal, forcing alternative routes that more than double transit times.Portillo said as the corporate earnings season kicks into gear, energy executives and investors are parsing industry results for deeper insights into the macroeconomic landscape across upstream and oilfield services sectors.On the oilfield services front, recent commentary from Halliburton (HAL) and Liberty Energy (LBRT) indicates that analyst expectations for pressure pumping price gains were overly optimistic, pointing instead to more modest growth.Meanwhile, upbeat commentary on deepwater markets from Halliburton and SLB (SLB) continues to reinforce a broader industry preference for international exposure over North American onshore Lower 48 plays.On the upstream gas front, early results from EQT (EQT), Range Resources (RRC), and Ovintiv (OVV) highlighted a growing focus on longer-term supply and demand dynamics through the coming decade.Though near-term market fundamentals face lingering headwinds looking toward 2027, long-only investor interest has begun to pick up.TPH analysts highlighted that both EQT and RRC have maintained a prudent stance on supply growth as new demand sources develop. A primary catalyst for outperformance last week was EQT's announcement of a 10-year supply agreement to power generation facilities, linked to PJM power market pricing rather than local in-basin benchmarks.Price: $32.58, Change: $-0.78, Percent Change: -2.35%
Showing 1-20 of 71
