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Thread: Halliburton Company (NYSE:HAL)

  1. #1
    Super Moderator
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    Apr 2015

    Halliburton Company (NYSE:HAL)

    Halliburton Company is an oilfield services company. The Company is a provider of services and products to the energy industry related to the exploration, development, and production of oil and natural gas. It serves national and independent oil and natural gas companies worldwide and operates in two segments: Completion and Production segment, and Drilling and Evaluation segment. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation and precise wellbore placement solutions that enable customers to model and measure their well construction activities. The Company conducts business around the world in approximately 80 countries. The Company is also a provider of geosciences consultancy services.

    Official website:

  2. #2
    Shares of Halliburton Company (NYSE:HAL) are hammering on the $46.00 level for the 5th time in the last few months. The likelihood of a breakout is strongly increasing as an inverse head and shoulder pattern has formed. Should Halliburton Company breach $46.00 on a daily closing basis, the stock will likely trade to $50.00 (the target of the head and shoulder pattern). Keep this on your watch list in the coming days.

    Gareth Soloway

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