Why Halliburton Rallied Today
Shares of (NYSE: HAL) rallied 4.7% on Wednesday as of 12:48 p.m. EST.
The oilfield services giant delivered a fourth-quarter earnings beat earlier this morning. Yet even though revenue and earnings beat analysts' expectations, the numbers themselves were rather tepid.
Therefore, today's jump could likely be attributed to management's optimistic view of the company's potential in Venezuela, given the leadership changes in that country earlier this month.
Source Fool.com
Halliburton Co. Aktie
29,59 €
2,94 %
Klare Kaufempfehlung: Halliburton Co. erhält nur Buy-Einschätzungen.
Ein Kursziel von 30 € für Halliburton Co. zeigt ein leicht positives Potenzial im Vergleich zum aktuellen Kurs von 29.59 €.
