Company Of The Day: 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?
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