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Fly News Breaks for April 24, 2018
HAL
Apr 24, 2018 | 07:37 EDT
JPMorgan analyst Sean Meakim reiterates Halliburton as his top pick while raising his price target for the shares to $59 from $58 following the company's Q1 results. The analyst likes Halliburton's setup in frac and is encouraged by the new tech rollout within Sperry. He keeps an Overweight rating on the shares.
News For HAL From the Last 2 Days
HAL
Apr 23, 2024 | 09:41 EDT
Unusual total active option classes on open include: ImmunityBio (IBRX), Halliburton (HAL), Redfin (RDFN), Nokia (NOK), Matterport (MTTR), General Motors (GM), UPS (UPS), Philip Morris (PM), PepsiCo (PEP), and General Electric (GE).
HAL
Apr 23, 2024 | 06:45 EDT
Reports Q1 revenue $5.8B, consensus $5.67B. "Halliburton delivered solid first quarter results that again demonstrated the power of our strategy and the strength of our execution. Activity in North America recovered from fourth-quarter lows, and our international business delivered its 11th consecutive quarter of year-on-year growth," commented Jeff Miller, Chairman, President and CEO. "Our customers' multi-year activity plans across markets and asset types confirms my confidence in the strength and duration of this upcycle. Halliburton demonstrated its commitment to shareholder returns in the first quarter and repurchased $250 million of common stock - a solid start to the year and a good benchmark for our expectations going forward," concluded Miller.