Revision of Halliburton’s Price Estimate From $42 To $38 Per Share

+12.77%
Upside
39.42
Market
44.45
Trefis
HAL: Halliburton logo
HAL
Halliburton

A slower-than-expected recovery in commodity prices is likely to weigh heavily on Halliburton’s revenue and earnings in the coming quarters, as the global rig count is expected to remain low. Further, the volatility in the commodity markets has increased the risk perception of oilfield services companies, like Halliburton, among investors. Thus, we have revised downward  our price estimate for Halliburton from $42 per share to $38 per share.

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Have more questions about Halliburton (NYSE:HAL)? See the links below:

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Halliburton Company

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