On Monday, January 23rd, Halliburton (HAL - Free Report) will release its fourth quarter earnings results before the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of F.
Dave will look at Halliburton’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Halliburton ahead of earnings.
Halliburton in Focus
Halliburton is one of the world's largest providers of products and services to the energy industry. The company serves the upstream oil and gas industry throughout the lifecycle of the reservoir - from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. The company operates under two main segments: Completion and Production, and Drilling and Evaluation.
Halliburton is expected to report earnings at $0.02 per share this quarter. Halliburton reported earnings last quarter at $0.01 per share, beating the Zacks Consensus Estimate by 114.29%. Halliburton has an average surprise of 61.20 % over the last 4 quarters.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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On Monday, January 23rd, Halliburton (HAL - Free Report) will release its fourth quarter earnings results before the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of F.
Dave will look at Halliburton’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Halliburton ahead of earnings.
Halliburton in Focus
Halliburton is one of the world's largest providers of products and services to the energy industry. The company serves the upstream oil and gas industry throughout the lifecycle of the reservoir - from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. The company operates under two main segments: Completion and Production, and Drilling and Evaluation.
Halliburton is expected to report earnings at $0.02 per share this quarter. Halliburton reported earnings last quarter at $0.01 per share, beating the Zacks Consensus Estimate by 114.29%. Halliburton has an average surprise of 61.20 % over the last 4 quarters.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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