Company Of The Day: Halliburton

+13.75%
Upside
39.08
Market
44.45
Trefis
HAL: Halliburton logo
HAL
Halliburton

What?

The number of active drilling rigs in the United States rose by 3 units last week to 579, per data from Baker Hughes. The number is also up by about 233 units versus this time last year.

So What?

Relevant Articles
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  4. Can Halliburton Stock Return To Its Pre-Inflation Shock Highs?
  5. Halliburton Stock Likely To See Higher Levels Post Q1 Results
  6. What to Watch For In Halliburton’s Stock Post Q4?

The stronger oilfield activity should bode well for Halliburton (NYSE:HAL) which is one of the largest oilfield services players in the U.S. Halliburton stock is up about 15% year-to-date.

See Our Complete Analysis For Halliburton

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Dec 2021
MTD [1]
2021
YTD [1]
2017-21
Total [2]
 HAL Return -4% 15% -60%
 S&P 500 Return -3% 21% 104%
 Trefis MS Portfolio Return -1% 42% 283%

[1] Month-to-date and year-to-date as of 12/20/2021
[2] Cumulative total returns since 2017

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