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Is It Time To Reassess Halliburton (HAL) After Its Recent Share Price Recovery?

Is It Time To Reassess Halliburton (HAL) After Its Recent Share Price Recovery?

  • If you are wondering whether Halliburton’s current share price reflects its real worth, this article walks through the numbers so you can judge the value story for yourself.
  • With the stock last closing at US$33.71 and returns of 3.5% over 30 days, 13.9% year to date, 29.9% over 1 year, a 0.9% decline over 3 years, and 76.2% over 5 years, many investors are reassessing what they are willing to pay for the business.
  • Recent coverage has focused on Halliburton’s role as a major oilfield services provider and how sentiment around energy spending and oil and gas activity influences expectations for its contract pipeline and service demand. This backdrop helps explain why the share price has moved unevenly over the last few years as…

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