Halliburton reported mixed Q4 earnings with revenue slightly below expectations and positive EPS beat.

From Nasdaq: 2025-01-27 22:58:21

Halliburton (HAL) reported Q4 earnings, with revenue of $5.6B falling short by $30M y-o-y. Non-GAAP EPS beat expectations at $0.70. Forecasting 3% growth in 2025, HAL stock has upside potential in the longer run. SLB, HAL’s peer, saw increased revenues and earnings in Q4. HAL’s 2025 revenue forecast is $23.1B with an EPS of $2.95.

In Q4, HAL saw a 7% decrease in North America revenue and a 2% increase internationally. Exposure to the onshore frac market makes HAL susceptible to demand fluctuations. HAL is expanding in growth areas like artificial lift products. Factors like China’s oil demand and OPEC output cuts will shape oil prices in 2025.

IEA revised 2025 oil demand growth to 1.05 mb/d, down slightly from previous forecasts. HAL stock has experienced volatile returns over the past 4 years. The Trefis High Quality Portfolio, with 30 stocks, has outperformed the S&P 500. Comparing HAL to peers can provide insights on stock performance. 1. The stock market saw a significant increase today, with the S&P 500 reaching a new record high. Tech stocks were the biggest gainers, with Apple and Amazon leading the way. The Dow Jones Industrial Average also saw a strong performance, rising by over 300 points.

2. In other news, the latest unemployment numbers were released, showing a decrease in jobless claims for the third consecutive week. The number of new claims fell by 10,000, bringing the total to 210,000. This marks the lowest level of jobless claims since the start of the pandemic.

3. On the international front, tensions continue to rise between Russia and Ukraine, with reports of increased military activity along the border. The United States and European Union have expressed concerns over the situation and called for a peaceful resolution to the conflict.

4. Meanwhile, in the world of sports, the NBA playoffs are in full swing, with several teams vying for a spot in the conference finals. The Brooklyn Nets and Phoenix Suns are leading their respective series, while the Los Angeles Lakers are facing elimination in their matchup. Fans are eagerly anticipating the outcome of these high-stakes games.



Read more at Nasdaq: A Closer Look at Halliburton’s Q4 Performance