Halliburton Shares Quietly Gains Ground Amid 45.28 Drop in Daily Volume Ranking 367th in Market Activity as Shale Strategy Shifts Take Hold

On September 22, 2025, , . The stock’s performance came amid broader market movements but remained within a narrow intraday range, reflecting limited short-term volatility.

Recent developments affecting HAL include a strategic shift in its energy services portfolio, with management emphasizing long-term cost efficiency and project execution in North American shale plays. Analysts noted that operational updates from the company highlighted progress in optimizing hydraulic fracturing technologies, a key revenue driver. However, no immediate catalysts such as earnings releases, major contract awards, or regulatory changes were reported to directly influence the stock’s movement on this date.

To run this back-test rigorously we need to nail down a few practical details that aren’t fully specified yet. My default assumptions are shown in parentheses; please let me know if you’d like any changes. Market universe includes U.S. exchange-listed common stocks excluding OTC, ADRs, funds, and preferreds. , with the top 500 names selected. Positions are entered at today’s close, held overnight, and exited at next day’s close, with equal weighting across the 500 names each day. Commission and slippage are assumed to be zero unless otherwise specified. The back-test window spans from January 3, 2022, to September 22, 2025. If these assumptions are acceptable, confirmation is required to proceed with data-pull planning and execution.