Halliburton's Q4 revenue decreased, but adjusted earnings beat estimates; outlook remains uncertain.

From StockTwits: 2025-01-22 11:44:14

Halliburton (HAL) reported a 4.2% decrease in fourth-quarter revenue in its Completion and Production segment compared to last year. Despite this, adjusted earnings of $0.73 per share exceeded analysts’ average estimate of $0.69 per share. Total revenue fell short of Wall Street’s estimate at $5.61 billion. The company cited lower stimulation activity in North America and decreased pressure pumping services in Latin America as reasons for the decline. CEO Jeff Miller expressed optimism moving forward, despite anticipating softer 2025 activity in North America. Retail sentiment on Stocktwits shifted from ‘extremely bullish’ to ‘neutral,’ reflecting a divided opinion on the stock. HAL’s stock is down 17.3% over the past year. Amidst a national energy emergency declared by the new administration, the outlook for oil and gas activity in North America remains uncertain.



Read more at StockTwits: Halliburton Stock Slips After Q4 Revenue Miss, Retail Sentiment Dampens