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Halliburton At A Disadvantage, Analyst Says: Schlumberger And Baker Hughes 'In Better Position'
Friday, September 13, 2024 - 12:16pm | 347Earlier this month, Halliburton Company (NYSE:HAL) said that a cyberattack had disrupted its critical business applications. A lower overall revenue diversification puts the company at a disadvantage against the backdrop of a tepid commodity macro, according to RBC Capital Markets. Analyst Keith...
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Halliburton Lowers 2024 Outlook, Analysts Forecast 'More Muted' 2025
Monday, July 22, 2024 - 10:40am | 525Shares of Halliburton Company (NYSE:HAL) were tanking in early trading on Monday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Keith Mackey reiterated an Outperform rating...
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Patterson-UTI Energy Continues M&A Streak, Latest Deal Turns This Analyst Bullish
Monday, July 10, 2023 - 10:44am | 287Patterson-UTI Energy, Inc. (NASDAQ: PTEN) plans to acquire Ulterra Drilling Technologies in a deal valued at around $800 million. The deal comes less than a month after the $5.4-billion merger with Nextier Oilfield Solutions Inc (NYSE: NEX). According to RBC Capital Markets, the company’s...