Media headlines about Halliburton Company (NYSE:HAL) have trended somewhat positive recently, according to Alpha One. The research firm, a division of Accern, identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Halliburton Company earned a news sentiment score of 0.22 on Alpha One’s scale. Alpha One also gave news headlines about the oilfield services company an impact score of 81 out of 100, meaning that recent news coverage is very likely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have effected Alpha One Sentiment Analysis’s scoring:
- Under Analysts Radar: Halliburton Company (NYSE:HAL) – ExpertGazette (expertgazette.com)
- Halliburton: The Best Choice To Profit From A 2017-18 Oil Price Upswing? – Seeking Alpha (seekingalpha.com)
- Halliburton Company Sees Unusually High Options Volume (HAL) (americanbankingnews.com)
- Boeing and Arconic climb while Halliburton declines – The Seattle Times (seattletimes.com)
- BRIEF-Halliburton says James Brown will continue to receive his current annual base salary – Reuters (reuters.com)
Shares of Halliburton Company (NYSE:HAL) traded up 0.77% on Friday, hitting $45.76. The stock had a trading volume of 9,938,793 shares. Halliburton Company has a 52 week low of $40.12 and a 52 week high of $58.78. The firm has a 50 day moving average price of $46.98 and a 200-day moving average price of $51.39. The company’s market cap is $39.71 billion. Halliburton Company also saw unusually large options trading on Thursday. Traders bought 1,333 put options on the company. This is an increase of approximately 177% compared to the average volume of 481 put options.
Halliburton Company (NYSE:HAL) last posted its quarterly earnings data on Monday, April 24th. The oilfield services company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.30 billion. Halliburton Company had a negative return on equity of 0.15% and a negative net margin of 36.28%. The business’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.07 earnings per share. Analysts anticipate that Halliburton Company will post $0.97 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 28th. Shareholders of record on Wednesday, June 7th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Monday, June 5th. Halliburton Company’s dividend payout ratio is currently -10.75%.
HAL has been the subject of a number of research analyst reports. FBR & Co upped their price objective on shares of Halliburton Company from $69.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, February 22nd. Credit Suisse Group AG set a $60.00 price objective on shares of Halliburton Company and gave the company a “buy” rating in a research note on Monday, March 27th. Vetr raised shares of Halliburton Company from a “buy” rating to a “strong-buy” rating and set a $62.72 price objective for the company in a research note on Monday, February 20th. Tudor Pickering initiated coverage on shares of Halliburton Company in a research note on Thursday, March 23rd. They set a “buy” rating for the company. Finally, Citigroup Inc reaffirmed an “overweight” rating and set a $64.00 price objective (up previously from $63.00) on shares of Halliburton Company in a research note on Saturday, March 11th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Halliburton Company currently has an average rating of “Buy” and an average target price of $60.92.
In other Halliburton Company news, insider Myrtle L. Jones sold 726 shares of the business’s stock in a transaction on Wednesday, March 8th. The stock was sold at an average price of $52.63, for a total value of $38,209.38. Following the transaction, the insider now owns 15,418 shares of the company’s stock, valued at $811,449.34. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Jeffrey Allen Miller sold 725 shares of the business’s stock in a transaction on Wednesday, April 5th. The stock was sold at an average price of $50.28, for a total value of $36,453.00. Following the completion of the transaction, the director now directly owns 299,777 shares in the company, valued at approximately $15,072,787.56. The disclosure for this sale can be found here. 0.46% of the stock is currently owned by insiders.
About Halliburton Company
Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.
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