12.20 +0.16 (1.33%)
Pre-Market: 5:45AM EDT
|Bid||12.10 x 800|
|Ask||0.00 x 3200|
|Day's Range||11.58 - 12.18|
|52 Week Range||4.25 - 25.47|
|Beta (5Y Monthly)||2.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul. 20, 2020|
|Forward Dividend & Yield||0.18 (1.50%)|
|Ex-Dividend Date||Jun. 02, 2020|
|1y Target Est||9.96|
The price of oil seems to be trending upward; maybe this is a buying opportunity. Four stocks in particular to avoid in June are Halliburton (NYSE: HAL), United States Oil Fund (NYSEMKT: USO), Occidental Petroleum (NYSE: OXY), and Patterson-UTI Energy (NASDAQ: PTEN). Here's why these Motley Fool contributors say you shouldn't be tricked into picking up shares of these likely underperformers.
Halliburton (HAL) closed the most recent trading day at $12.11, moving -0.66% from the previous trading session.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Halliburton...
Halliburton (HAL) told investors it is cutting its dividend by 75%, while National Oilwell Varco (NOV) board suspended the quarterly payout indefinitely to retain cash in the business.
Halliburton Company (NYSE: HAL) will host a conference call on Monday, July 20, 2020, to discuss its second quarter 2020 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, National Oilwell Varco, HollyFrontier and Halliburton
Halliburton (HAL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
U.S. oil prices <CLc1> experienced historic drops throughout March and April, brought on by the demand destruction caused by coronavirus-related lockdowns and a price war between producing nations. As oil and gas explorers slam the brakes on drilling to survive low prices, companies like Halliburton that provide drilling equipment and services have taken a major beating. Each of the three service providers have also slashed their spending plans for the year, with Halliburton's 50% reduction among the deepest in the industry.
Halliburton Company (NYSE: HAL) announced today that its board of directors has declared a 2020 second quarter dividend of four and one-half cents ($0.045) a share on the Company’s common stock payable on June 24, 2020, to shareholders of record at the close of business on June 3, 2020. The decision to set the quarterly dividend at a lower level reflects the current market conditions and uncertainties regarding the depth and duration of this downturn.
Oil prices rose and so did shares of energy services companies, as investors hope the worst is over in the oil patch.
U.S. stock indexes were set to open sharply higher on Monday on optimism fueled by encouraging data from a potential COVID-19 vaccine trial, with investors also counting on more stimulus to rescue the economy from a deep economic slump. Drugmaker Moderna Inc said its experimental vaccine for COVID-19 showed promising results in an early stage study. Markets were also encouraged by Federal Reserve Chairman Jerome Powell's remarks over the weekend on a gradual economic recovery, and his affirmation that more monetary stimulus was on the way if required.
Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or "the Company"), today announced the appointment of William Albrecht as independent Chairman of the Board of Directors (the "Board"), succeeding Randy Foutch upon the expiration of Mr. Foutch's term on May 14, 2020. Mr. Albrecht, currently an independent member of the Board, will continue to serve on the Compensation Committee and Nominating and Corporate Governance Committee.
Despite the highest rate of unemployment since the great depression, oil prices continued to rally on some positive news from the U.S. and China
Halliburton Company (NYSE: HAL) announced today it will hold its annual meeting of shareholders on May 19, 2020, at 2:00 p.m. Central Daylight Time, in virtual meeting format only. Due to public health concerns arising from the coronavirus (COVID-19) pandemic and health concerns for our shareholders and other meeting participants, the Company has determined that it will not hold an in-person meeting this year. Note that the time of the meeting has changed from the time specified in the proxy statement dated April 7, 2020.
After oil supply surged in March, investors took a more positive view in April. But this story is far from over, especially for this trio.
Nearly every corner of the oil world has been affected, and billions of dollars in investor capital has already been destroyed. The oil patch is in a massive mess that could take a year or more to correct, and more companies are going to struggle badly and destroy lots more shareholder equity before it gets better. Five oil stocks in particular that investors should avoid are Occidental Petroleum (NYSE: OXY), Oasis Petroleum (NYSE: OAS), Halliburton Co (NYSE: HAL), Chesapeake Energy (NYSE: CHK), and Valaris plc (NYSE: VAL).
Halliburton (HAL) has suspended most of its Venezuelan operations to comply with the recent U.S. sanctions against the South American nation.
Halliburton Company (NYSE:HAL) shareholders (or potential shareholders) will be happy to see that the Independent...
Schlumberger (SLB) and Halliburton (HAL), despite Q1 beats, warned that the impact of coronavirus pandemic and the oil price slump will be felt more severely in the upcoming quarters.