HAL Stock Today: January 6 — Venezuela Oil Rebuild Hopes Lift Shares
Halliburton stock jumped on January 6 as traders bet a potential Venezuela oil rebuild could drive multi-year service demand. Halliburton (HAL) rose 7.8% to $31.92, touching $33.03, the 52-week high, on volume of 47.3 million versus an 11.3 million average. The move helped an oilfield services rally as peers firmed. With HAL earnings January 21 approaching, we are watching updates on international tenders, pricing, and capital returns. Shares trade at a 21.15x TTM P/E and 1.15x sales, leaving scope for a re-rating if international growth accelerates.
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