markets · · seekingalpha.com
Halliburton: An Earnings Surprise Could Be Coming
Halliburton is rated a buy at current levels, supported by bullish management commentary and improving fundamentals in North American and international markets. HAL's Jafurah contracts with Saudi Aramco, and new international wins in Australia, Brazil, and Venezuela represent billions in future high-margin revenue not yet priced in. Management expects margin expansion in North America and is optimizing equipment deployment for highest returns, with EPS estimates trending higher into Q4.
Halliburton is rated a buy at current levels, supported by bullish management commentary and improving fundamentals in North American and international markets. HAL's Jafurah contracts with Saudi Aramco, and new international wins in Australia, Brazil, and Venezuela represent billions in future high-margin revenue not yet priced in. Management expects margin expansion in North America and is optimizing equipment deployment for highest returns, with EPS estimates trending higher into Q4.
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