Halliburton Company (NYSE:HAL) and state-owned Kuwait Oil Co. signed a 181.4 million-dinar ($597 million) contract to explore for oil off the coast of Kuwait, marking the Gulf state’s first foray into offshore services. Development of the country’s offshore area will add an estimated 100,000 barrels to Kuwait’s daily production capacity, KOC Chief Executive Officer Emad Sultan said after signing the three-year agreement. Kuwait Oil will use two rigs in the first stage of the project to drill six exploratory wells, he said.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the HAL is 0.10%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the HAL is 80.10%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that HAL. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Halliburton Company (NYSE:HAL) is -1.11%.
Institutional ownership is the amount of a Halliburton Company (NYSE:HAL)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the HAL is -2.44%.
U.S traded Halliburton Company (NYSE:HAL) stock advanced 0.92% on Monday and when day-trade ended the stock finally concluded at $22.95 and number of shares that changed hands during the day are 11.56 Million. The number of shares HAL stock currently held by all its shareholders are 873.59 and floated shares, the number of shares are available for trading in an open market on last trading day are 871.62. The average volume of shares for 3 months is 11876.00 and HAL stock value has moved between $21.06 – 46.84 in last one year.
The Halliburton Company (NYSE:HAL)’s latest earnings
date is 7/22/2019. The Gross margin is the difference between the revenue and
the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin
is a percentage value, while Gross Profit is a monetary value. The valuable
gross margin for Halliburton Company (NYSE:HAL) is 11.60% and the profit margin
is 7.30% and the stock has gained -13.66% in 2019 to date.
U.S. traded shares of Halliburton Company (NYSE:HAL)’s monthly stock performance is 7.80%, the quarterly performance is -23.86%, the half year performance is calculated as -13.27%. The yearly performance of HAL is -49.70%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Halliburton Company (NYSE:HAL) weekly volatility is measured as 2.91% and monthly volatility measured as 2.97%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. HAL return on assets is 6.70%, the return on equity (ROE) of the Halliburton Company (NYSE:HAL) is 19.10%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and HAL return on investment is 11.40%.
The price to earnings ratio is 11.72, price to sales ratio is 0.84, and price to book ratio is 2.09,.
Analysts mean target price for Halliburton Company (NYSE:HAL) is $36.93 while analysts mean recommendation is 1.80. The current share price indicates that stock is -51.20% away from its one year high and is moving 9.39% ahead of its 52-week low. HAL’s distance from 20 day simple moving average is 4.02% and distance from 50-Day simple moving average is -6.97%.