Halliburton Company(NYSE:HAL) Declares Dividend of $0.1800.

Halliburton Company (NYSE:HAL) had declared a cash dividend of $0.1800 on Jul 14, 2016. The shares will quote ex-dividend on Sep 2, 2016 and the record date has been fixed for Sep 7, 2016. On Jul 14, 2016 share price, the yield comes out to be 1.5717%. The dividend payable date has been fixed on Sep 28, 2016.

In a different note, On Jul 13, 2016, Citigroup said it Maintains its rating on Halliburton Company. In the research note, the firm Raises the price-target to $49.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 11, 2016, Jefferies said it Maintains its rating on Halliburton Company. In the research note, the firm Raises the price-target to $47.00 per share. The shares have been rated ‘Buy’ by the firm. On May 19, 2016, Griffen Securities said it Upgrades its rating on Halliburton Company. The shares have been rated ‘Buy’ by the firm. On May 19, 2016, Argus Research said it Maintains its rating on Halliburton Company. In the research note, the firm Raises the price-target to $38.00 per share. The shares have been rated ‘Buy’ by the firm. On May 17, 2016, FBR Capital said it Upgrades its rating on Halliburton Company. The shares have been rated ‘Outperform’ by the firm. On May 16, 2016, Citigroup said it Maintains its rating on Halliburton Company. In the research note, the firm Raises the price-target to $48.00 per share. The shares have been rated ‘Buy’ by the firm.

Halliburton Company (HAL) made into the market gainers list on Mondays trading session with the shares advancing 0.33% or 0.15 points. Due to strong positive momentum, the stock ended at $45.61, which is also near the day’s high of $45.61. The stock began the session at $45.17 and the volume stood at 61,05,889 shares. The 52-week high of the shares is $46.69 and the 52 week low is $27.64. The company has a current market capitalization of $39,191 M and it has 85,92,65,010 shares in outstanding.

Halliburton Company(HAL) last announced its earnings results on May 3, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $4.20B. Analysts had an estimated revenue of $4.18B. Earnings per share were $0.07. Analysts had estimated an EPS of $0.05.

Several Insider Transactions has been reported to the SEC. On Jun 9, 2016, Jeffrey Allen Miller (President) sold 19,776 shares at $45.00 per share price.Also, On May 24, 2016, Eric Carre (EVP Global Business Lines) sold 10,425 shares at $40.47 per share price.On May 13, 2016, James S Brown (President – Western Hemisphere) sold 25,400 shares at $39.67 per share price, according to the Form-4 filing with the securities and exchange commission.

Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions which form the basis for its two operating segments: the Completion and Production segment and the Drilling and Evaluation segment. The Company’s Completion and Production segment delivers cementing stimulation intervention pressure control specialty chemicals artificial lift and completion products and services. Production Enhancement services include stimulation services and sand control services. The Company’s Drilling and Evaluation segment provides field and reservoir modeling drilling evaluation and precise wellbore placement solutions. The Company conducts its business in approximately 80 countries.

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