Halliburton Surges to 237th in Trading Volume with $410 Million in Shares Exchanged

Generated by AI AgentAinvest Market Brief
Thursday, May 1, 2025 8:12 pm ET1min read
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On May 1, 2025, HalliburtonHAL-- (HAL) experienced a significant surge in trading volume, with a total of $410 million in shares exchanged, marking a 37.21% increase from the previous day. This surge placed Halliburton at the 237th position in terms of trading volume for the day. The stock price of Halliburton also saw a modest increase of 0.55%.

Halliburton reported its first-quarter 2025 earnings results, revealing an adjusted net income per share of 60 cents. While this figure met the consensus estimate, it represented a decline from the previous year's adjusted profit of 76 cents. The company's revenues for the quarter amounted to $5.4 billion, reflecting a 6.7% year-over-year decrease but surpassing the consensus estimate of $5.3 billion. This performance was attributed to softer activity in North America, partially offset by growth in international markets.

Halliburton's financial position as of March 31, 2025, included approximately $1.8 billion in cash and cash equivalents, along with $7.2 billion in long-term debt. The company's debt-to-capitalization ratio stood at 40.8%. The company's earnings outlook for the full year 2025 is projected to show low-double-digit growth from 2024.

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