HALLIBURTON CO (HAL) Stock News

Halliburton reported Q3 2026 revenue of $5.7 billion, up 1.8% year-over-year and beating consensus estimates by 1.98%. EPS came in at $0.60, exceeding the $0.58 estimate by 3.45%. Regional performance was mixed, with strong growth in Latin America (+12.7%) and Europe/Africa/CIS (+22.7%), but weakness in North America (-8.6%). The Drilling and Evaluation segment outperformed estimates, while Completion and Production underperformed. The stock has a Zacks Rank #3 (Hold) rating.

Halliburton reported Q3 2026 earnings of $0.60 per share, beating consensus estimates of $0.58, with revenues of $5.7 billion exceeding expectations. However, the company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revision trends ahead of the earnings release. The stock has outperformed the S&P 500 by 4.3% year-to-date, but the Oil and Gas - Field Services industry ranks in the bottom 23% of Zacks industries.

A Dutch patent court ruled that Merck's Keytruda subcutaneous formulation infringes Halozyme's MDASE patent, ordering Merck to cease manufacturing and sales across eight European markets. The ruling does not affect Keytruda's intravenous version. This marks another legal victory for Halozyme against Merck, though the company clarified that its separate ENHANZE technology and licensing business remain unaffected.

Halozyme Therapeutics announced an expansion of its collaboration with argenx, increasing exclusive ENHANZE technology targets from six to eight. The deal includes milestone payments and royalties on product sales. Halozyme raised its 2026 revenue guidance to $1.84-$1.91 billion, driven by strong royalty growth from J&J's Darzalex and argenx's Vyvgart Hytrulo.

Halozyme Therapeutics shares rose 3.3% to $115.13 on strong volume, driven by investor optimism around its ENHANZE drug-delivery technology collaborations with major pharmaceutical companies. The company is expected to report quarterly earnings of $2.25 per share (+30.8% YoY) and revenues of $470.95 million (+32.9% YoY). With a 2.6% upward revision in consensus EPS estimates over the past 30 days and a Zacks Rank #2 (Buy) rating, analysts suggest monitoring the stock for potential continued strength.

Halliburton (HAL) closed at $32.85, down 1.62% in the latest session. The drilling services provider is expected to report Q3 2026 earnings on October 20 with an EPS of $0.58 and revenue of $5.59 billion. The company holds a Zacks Rank #3 (Hold) rating and trades at a Forward P/E of 14.26, below the industry average of 21.85, suggesting a valuation discount.

Halliburton (HAL) rose 2.26% to $37.63, outperforming the S&P 500's 0.46% gain. The company has gained 13.72% prior to today's trading. Earnings per share are projected at $0.58 with no year-over-year change, while quarterly revenue is expected to decline 0.13%. Halliburton holds a Zacks Rank #3 (Hold) with a Forward P/E of 15.71, trading at a discount to the industry average of 24.44. The Oil and Gas - Field Services industry ranks 157th out of 250+ industries.

Klépierre, Europe's leading shopping mall operator, announced the release of its first-half 2026 financial report on August 6, 2026. The company raised its full-year 2026 guidance, projecting EBITDA to reach a minimum of €1,150 million, driven by strong execution in a dynamic retail market and organic growth.

FORVIA announced its H1 2026 financial results, reporting margin expansion and strong net cash flow generation. The company confirmed its full-year guidance, demonstrating progress on its IGNITE strategic roadmap. The financial report has been filed with French financial authorities and is available on the company's investor relations website.

Soitec reports on its liquidity contract managed by BNP Paribas for the first half of 2026. During H1 2026, 227,346 shares were purchased for €17.36 million and 288,875 shares were sold for €23.29 million across 4,546 transactions. The liquidity account held 24,442 shares and €6.36 million as of June 30, 2026.

Avcon Industries, a subsidiary of Butler National Corporation, has received two FAA Supplemental Type Certificates (STCs) for the Bombardier Challenger 604, 605, and 650 aircraft platforms. The certifications approve installation of fuselage underside rail mounting provisions and radome systems for sensors and mission equipment, expanding Avcon's special mission aircraft modification portfolio and positioning the Challenger platforms as attractive options for customers requiring greater range, endurance, and payload capacity.

Five Iron Golf opened its first Texas location in Fort Worth's Near Southside district, celebrating with tournament-week specials tied to the Charles Schwab Challenge at Colonial Country Club. The 10,000-square-foot venue features 12 Trackman simulators, a full-service bar, and entertainment amenities. Special offers include complimentary simulator time for anyone named Charles and appetizers for tournament attendees.

Metallium Limited presented its patented Flash Joule Heating (FJH) technology at the Canaccord Genuity Global Metals and Mining Conference, positioning it as a solution to reduce U.S. reliance on China for critical metals processing. The company, which recently received a Department of War grant for gallium and germanium recovery from e-waste, is pursuing a NASDAQ uplist expected later in 2026 and focusing on urban mining/recycling and mineral processing verticals.