Halliburton (HAL, $22.81) beats Q2 earnings estimates; shares climb +1.6% in pre-market trade
Halliburton’s second-quarter adjusted earnings exceeded analysts' expectations, leading to its shares climbing +1.6% in premarket trading Monday.
The oil-field services company reported adjusted earnings of 35 cents per share, which surpassed the 30 cents per share estimated by analysts surveyed by FactSet.
However, total revenue came in at $5.93 billion, slightly behind the FactSet consensus of $5.97 billion.
The company’s revenue from North America was $3.3 billion, marking a +2% increase over the first quarter, thanks in part to increased drilling activity in the Gulf of Mexico. International revenue of $2.6 billion came in + 6% higher from the first quarter, on the back of improvement in activity in the Middle East/Asias, as indicated by the company.
HAL sees MACD Histogram just turned negative
HAL saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 06, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for HAL moved out of overbought territory on March 30, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where HAL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on April 17, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on HAL as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HAL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
HAL broke above its upper Bollinger Band on March 27, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HAL advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 271 cases where HAL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. HAL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 61, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.966) is normal, around the industry mean (15.507). P/E Ratio (24.767) is within average values for comparable stocks, (53.884). HAL's Projected Growth (PEG Ratio) (11.908) is very high in comparison to the industry average of (2.192). Dividend Yield (0.018) settles around the average of (0.031) among similar stocks. P/S Ratio (1.428) is also within normal values, averaging (1.978).
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General Information
a provider of products and services to the energy industry for exploring, developing and producing oil and natural gas
Industry OilfieldServicesEquipment
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