Stock Quote Halliburton Company Financial Outlook and Estimates

Halliburton Company's financial outlook is a key factor for investors. The company is expected to continue its growth trajectory, driven by increasing demand for its services in the oil and gas industry.

Halliburton's revenue is projected to reach $28.3 billion in 2023, up from $26.8 billion in 2022. This growth is expected to be driven by the company's expanding operations in the Permian Basin.

The company's net income is also expected to increase, reaching $2.3 billion in 2023, up from $2.1 billion in 2022. This growth is expected to be driven by the company's increasing efficiency and cost savings.

Halliburton's earnings per share are expected to reach $2.55 in 2023, up from $2.31 in 2022. This growth is expected to be driven by the company's increasing revenue and decreasing expenses.

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Halliburton Company's revenue in 2024 was $22.94 billion, a decrease of -0.32% compared to the previous year.

This decrease in revenue was reflected in the company's earnings, which were $2.50 billion, a decrease of -5.19% from the previous year.

Halliburton's financial performance was also impacted by a slowdown in drilling activity in North America, which weighed on demand for its oilfield services and equipment.

However, the company's quarterly profit did beat analysts' estimates in the fourth quarter, thanks to higher demand for oilfield services and equipment from international markets.

Here's a summary of Halliburton's financial performance in 2024 and 2025:

Net sales decreased in 2025 compared to 2024, while net income also saw a decrease in 2025.

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Halliburton's stock price is expected to increase by 39.38% to $37.22 in the next 12 months, according to the average rating of 18 analysts.

The analysts' consensus is a "Strong Buy" rating, indicating a high level of confidence in the company's future performance. Analysts' recommendations for Halliburton stock are also available, with some notable updates including Jefferies adjusting their price target to $38 from $41 and maintaining a Buy rating.

Here are some key estimates and forecasts for Halliburton:

Halliburton's revenue is expected to reach $22,378 USD in 2025, according to the average estimate of 24 analysts.

Estimates play a crucial role in stock market analysis, giving investors a glimpse into a company's future performance. Analysts' forecasts can be a valuable tool for making informed investment decisions.

Analysts' consensus is a powerful indicator of a stock's potential. For example, 18 analysts have given Halliburton a strong "Buy" rating, with an average 12-month stock price forecast of $37.22, representing a 39.38% increase from the latest price.

The number of analysts providing estimates can also be an important factor. Currently, there are 25 analysts estimating Halliburton's earnings for the next quarter, with an average estimate of $0.645 USD.

Here's a breakdown of the number of analysts and their average estimates for Halliburton's earnings and revenue for the next few quarters:

Analysts' estimates can change over time, reflecting updated information and changing market conditions. For instance, the average estimate for Halliburton's revenue for the next year increased from $22,944 USD to $23,254 USD.

The accuracy of analysts' estimates can be a key factor in their usefulness. While no one can predict the future with certainty, a high degree of consensus among analysts can increase the likelihood of a stock's success.

Halliburton Company has made dividend declarations, with one such announcement being a 2024 fourth quarter dividend of seventeen cents a share. This declaration was made by their board of directors.

Halliburton Company's stock is listed on the New York Stock Exchange under the ticker symbol HAL.

Wall Street analysts aren't perfect, and sometimes their predictions fall short.

Diamondback Energy, Halliburton Energy Services, and VoltaGrid LLC have all missed the mark in terms of meeting expectations.

Halliburton Energy Services missed quarterly profit estimates due to a slowdown in drilling activity in North America.

Diamondback Energy, Halliburton Energy Services, and VoltaGrid LLC have entered into a landmark agreement, but that didn't prevent Halliburton from missing profit estimates.

The slowdown in drilling activity in North America weighed heavily on demand for Halliburton's oilfield services and equipment.

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Halliburton has a predictable earnings release schedule, which is a great thing for investors who want to stay on top of their stock.

The company typically releases its earnings reports on a quarterly basis, with the first quarter report usually coming out in late April, around the 29th.

Here's a breakdown of Halliburton's upcoming earnings release dates:

Having this information can help you plan ahead and make informed investment decisions.

In recent news, Halliburton's stock price has been a topic of interest among analysts. Jefferies Adjusted its Price Target on Halliburton to $38 From $41, Maintaining a Buy Rating.

Several other firms have also made adjustments to their price targets for Halliburton. For example, Evercore ISI Adjusted its Price Target to $35 From $34, Maintaining an Outperform Rating. UBS Adjusted its Price Target to $32 From $34, Keeping a Neutral Rating.

Here are some of the key price target adjustments made by various firms:

Halliburton has a long history of paying dividends to its shareholders. In 2001, the company paid a dividend of $0.25 per share, which was equivalent to a yield of 3.82%.

The dividend has been consistently paid out every year since then, with the exception of 2021 when it was significantly lower at $0.18 per share.

Here's a breakdown of Halliburton's dividend payments from 2001 to 2024:

US oilfield firms are facing a pricing squeeze due to a slump in fracking demand. This is a significant challenge for companies like Halliburton.

Halliburton has been the subject of various price target adjustments from financial analysts. For example, Jefferies adjusted its price target to $38 from $41, while maintaining a Buy rating.

Evercore ISI also adjusted its price target on Halliburton, this time to $35 from $34, and maintained an Outperform rating.

Here are some of the recent price target adjustments for Halliburton:

These adjustments provide a snapshot of the current market sentiment towards Halliburton.

Halliburton is set to release its Q1 2025 Earnings Report on April 29, 2025, with an estimated earnings per share of $0.610 USD.

The energy sector has been on the rise in 2025, with a rotation into oil & gas laggards like Halliburton boosting its shares.

Several analysts have adjusted their price targets on Halliburton in recent days, with Jefferies reducing its target to $38 from $41, and UBS lowering its target to $32 from $34.

Here are some of the recent price target adjustments for Halliburton:

Several analysts have also adjusted their price targets on Halliburton in recent days, with Evercore ISI lowering its target to $35 from $34, and Benchmark cutting its target to $35 from $40.