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The stock of the corporation was owned by Erle and Vida Halliburton and by seven major oil companies: Magnolia, Texas, Gulf, Humble, Sun, Pure and Atlantic. [ 23 ] In 1926, its first foreign venture began with sale of equipment to Burma and India .
Hightower Advisors' Stephanie Link sees value in Halliburton Co (NYSE: HAL) at current levels and she compared Halliburton to competitor Schlumberger Ltd (NYSE: SLB) to make her case. Schlumberger ...
Per Rystad Energy, big oilfield services players like Halliburton (HAL) have already begun raising prices for products and services. This is expected to boost their earnings going forward.
The stock market was mixed on Wednesday morning.
Halliburton (HAL) currently has a Zacks Rank #5 (Strong Sell). Moreover, the company's expected long-term earnings per share growth rate is lower than the industry average.
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In 2001, Halliburton was forced to settle the asbestos lawsuits that it acquired including the landmark case Bell v. Dresser Industries [16] as a result of purchasing Dresser, causing the company's stock price to fall by eighty percent in just over a year. [17]