The Pres., Eastern Hemisphere of Halliburton (HAL) is Buying Shares


Today, the Pres., Eastern Hemisphere of Halliburton (HAL), Joe Rainey, bought shares of HAL for $51.41K.

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Based on Halliburton’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $6.17 billion and quarterly net profit of $435 million. In comparison, last year the company earned revenue of $5.44 billion and had a net profit of $365 million. HAL’s market cap is $25.94B and the company has a P/E ratio of 155.84. Currently, Halliburton has an average volume of 9M.

Based on 19 analyst ratings, the analyst consensus is Strong Buy with an average price target of $48.25, reflecting a 63.7% upside. 16 different firms, including Morgan Stanley and Merrill Lynch, currently also have a Buy rating on the stock. Starting in October 2018, HAL received 7 Buy ratings in a row.

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Halliburton Co. engages in the provision of services and products to the energy industry related to the exploration, development, and production of oil and natural gas. It operates through the following segments: Completion & Production, and Drilling & Evaluation business segments.

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