Morgan Stanley Maintains Overweight on Halliburton, Lowers Price Target to $40

Halliburton AWarded Integrated Contract By BP For First Appraisal Campaign In Bumerangue Field Offshore Brazil

Halliburton (NYSE: HAL) today announced it received an integrated contract by bp for the first appraisal campaign in the Bumerangue field, offshore deepwater Brazil. The award includes a comprehensive suite of services

Halliburton Labs Forms Three Portfolio Firms: Electroflow, Osmose, SiTration

Halliburton Labs today announced the addition of three companies to its collaborative ecosystem: Electroflow, Osmoses, and SiTration. The selected ventures develop breakthrough technologies that address critical

Shares of oil and gas-related companies are trading higher as crude prices gain due to fears of further escalation of the U.S.-Iran conflict. The Trump administration says it's planning further economic sanctions on Iran, and that the U.S. Navy can maintain an indefinite maritime blockade of the country if needed.

Shares of oil and gas engineering and services companies are trading higher amid crude price gains due to continued Iranian demands over war reparations, unfreezing of sanctioned assets, and Strait of Hormuz tolling as negotiations with the U.S. may have reached an impasse.