Halliburton Company’s stock price (NYSE: HAL) dropped by 8.06% between July 11 and July 18, 2025, making it one of the energy stocks that lost the most that week.
Analysts expect Halliburton Company to report a 30% decrease in profits for Q2 2025, the largest decline since 2021, due to the oilfield services industry’s struggles and economic uncertainty.
Stifel lowered Halliburton Company’s stock price target from $32 to $31, attributing it to a slowdown in drilling activity, choppy crude prices, economic uncertainty, and the impact of Trump’s tariff war.
Despite potential as an investment, analysts suggest that certain AI stocks offer greater upside potential and lower downside risk compared to Halliburton Company amidst economic challenges in the oilfield services industry.
Read more at Yahoo Finance: Halliburton Company (HAL) Falls Amid Lower Expectations for Q2 Profits
