Halliburton stock is down 6% as company warns of future troubles, impacted by tariffs
From Yahoo Finance: 2025-04-22 13:42:00
Oil services company Halliburton (NYSE: HAL) met analysts’ expectations in its first-quarter report but warned of future troubles. This led to a 6% drop in shares, with North American revenue down 12% year over year. Executives expect tariffs to impact second-quarter earnings, with shares down 25% year to date.
Halliburton, a leading provider of hydraulic fracturing services, reported earnings of $0.60 per share on revenue of $5.4 billion, slightly beating Wall Street expectations. However, the company warned that future results could be affected by tariffs, which may impact its completion & production segment, including its fracking business.
Investors looking for opportunities in the cyclical energy industry may find Halliburton’s current share price attractive, offering a dividend yield of about 3.3%. However, uncertainties around tariffs and global trade wars could require patience from investors. Halliburton shares have lost about half their value over the last 12 months, reflecting the challenges in the oil business.
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Read more: Why Halliburton Stock Is Down Today