Halliburton (NYSE:HAL – Get Free Report) released its quarterly earnings data on Thursday. The oilfield services company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.02), Briefing.com reports. The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.83 billion. Halliburton had a net margin of 11.61% and a return on equity of 29.97%. The firm’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the company earned $0.79 EPS.
Halliburton Stock Performance
NYSE:HAL traded down $0.32 during midday trading on Friday, hitting $29.23. The company’s stock had a trading volume of 9,477,764 shares, compared to its average volume of 8,046,279. Halliburton has a fifty-two week low of $27.26 and a fifty-two week high of $41.56. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.13 and a quick ratio of 1.54. The firm has a market cap of $25.81 billion, a P/E ratio of 9.64, a P/E/G ratio of 1.85 and a beta of 1.89. The firm’s 50 day moving average is $29.17 and its 200-day moving average is $32.62.
Halliburton Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 4th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date was Wednesday, September 4th. Halliburton’s dividend payout ratio (DPR) is 22.59%.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on HAL
About Halliburton
Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.
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