Halliburton Company (NYSE:HAL) | Halliburton Announces Changes in Legal Leadership

Halliburton Company (NYSE:HAL) [at noodls] – Press Release 3000 N. SAM HOUSTON PKWY E. • HOUSTON, TX 77032 PHONE 281.871.2699 FOR IMMEDIATE RELEASE HOUSTON – Dec. 23, 2013 – Halliburton (NYSE: HAL) today announced that Robb Voyles will become executive …
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Halliburton Company (HAL), currently valued at $42.86B, opened at $50.97.
Looking at the stock, its one day range is $50.50 to $51.25 with a one year range of $33.74 to $56.52.
HAL shares are currently priced at 16.20x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 19.12x earnings multiple.
And for passive income investors, the company pays shareholders $0.60 per share annually in dividends, yielding 1.20%.
According to a consensus of 32 analysts, the earnings estimate of $0.90 per share would be $0.27 better than the year-ago quarter and a $0.11 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $3.12 would be a $0.13 improvement when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $7.57 Billion. If reported, that would be a 3.84% increase over the year-ago quarter.
Recently, FBR Capital Initiated HAL at Mkt Perform (Dec 6, 2013). Previously, Global Hunter Securities downgraded HAL from Buy to Neutral.
The average price target for HAL shares is $65.74, which is 28.98% above where the stock opened this morning.
Halliburton Company (NYSE:HAL), provides a range of services and products for the exploration, development and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production and Drilling and Evaluation.
Tag Helper ~ Stock Code: HAL | Common Company name: Halliburton | Full Company name: Halliburton Company (NYSE:HAL) .

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