$HAL

Halliburton (HAL) has signed agreements to participate in Venezuela's oil and gas sector revival. The company is involved in efforts to restart production in the country's energy industry. According to the company, these agreements could impact HAL's future operations and revenue. The article does not provide specific financial figures or earnings estimates.

UBS expects Halliburton to report Q3 adjusted EBITDA of $1.03B, matching estimates, with revenue at $5.58B. EPS is forecast at $0.58, slightly below consensus. UBS notes working capital headwinds and higher mobilization costs. Q4 growth is expected at 2%, with adjusted EBITDA of $1.08B. Halliburton is exploring re-entry into Venezuela. UBS raised FY27-FY28 EBITDA estimates slightly and maintained a $42 price target.

Halliburton (HAL) reported Q2 capital expenditures of $235M, expects $1.1B for 2026, and returned $200M to shareholders. Analysts see 30.17% upside. SLB (SLB) reported Q2 revenue of $8.97B, EPS of $0.52, and $716M in free cash flow, with a 2.3% dividend yield. Analysts see 23.6% upside. Both companies are involved in oilfield recovery and international expansion.

UBS reiterated a Neutral rating on Halliburton (HAL) with a $42.00 price target, citing higher mobilization costs and modest activity improvements. The stock trades at $33.12, with UBS forecasting Q3 2026 EBITDA of $1.03B. Halliburton's Q2 2026 earnings beat expectations, but analysts lowered price targets due to margin pressure. International sales hit a decade high, and the company reported $668M in free cash flow and a $200M stock buyback.

Halliburton (HAL) shares fell 1.62% to $32.85. Over the past month, they declined 3.58%, underperforming the Oils-Energy sector and S&P 500. The company is expected to report Q3 2026 EPS of $0.58 and revenue of $5.59B, with full-year estimates at $2.34 EPS and $22.39B revenue. Analysts have not changed EPS estimates recently. HAL has a Forward P/E of 14.26 and PEG ratio of 1.92, both near industry averages.

Halliburton (HAL) has signed agreements with Eneva and WESCA to explore oil and gas opportunities in Venezuela, though financial details were not revealed. The company plans to leverage its existing capabilities in the region.

Global oilfield services companies face earnings hits due to reduced drilling activity in the Middle East amid the Iran war, despite a 53% rise in Brent oil prices. SLB expects a 6-9 cent-per-share earnings hit, while industry revenue from the region may fall 10-20% in Q1. Companies like SLB, Halliburton, Baker Hughes, and Borr Drilling are affected. Future demand may rise due to infrastructure repairs, estimated at $25 billion.

Halliburton won a multi-year contract from Eni for the Cronos ultra-deepwater gas development in Cyprus, providing integrated drilling and completion services. The deal expands Halliburton's role in the Eastern Mediterranean. Cronos, with 3 Tcf of gas, is set for first production in 2028, with Eni and TotalEnergies as operators.

Venezuela is opening to foreign investment after Maduro's removal, with Chevron and Halliburton nearing multibillion-dollar oil deals. US sanctions relief is expanding, and new mining laws allow private companies to extract strategic minerals. Reconstruction efforts post-earthquake are driving demand in infrastructure, energy, and telecommunications. Investors must navigate corruption and security risks.

Western oilfield service firms' subsidiaries in Russia continued supplying equipment and services to Rosneft's Vostok Oil project, despite parent companies' withdrawals. The investigation found payments to entities linked to Baker Hughes, Halliburton, Weatherford, and SLB. Vostok Oil, under U.S. sanctions, received significant investments and faced environmental concerns. Marat Kabaev, linked to Putin, acquired a stake in a major contractor.