Company Of The Day: Halliburton

+2.96%
Upside
28.91
Market
29.77
Trefis
HAL: Halliburton logo
HAL
Halliburton

What?

Active drilling rigs in the U.S. rose by 16 to 689 last week, per Baker Hughes. Oil drilling rigs in the country rose by 13 to 546, marking the highest levels seen since April 2020.

So What?

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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 30% year-to-date.

See Our Complete Analysis For Halliburton

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