Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Halliburton Company fell $0.50 (-1.1%) to $43.02 on light volume. Throughout the day, 8,308,794 shares of Halliburton Company exchanged hands as compared to its average daily volume of 11,411,000 shares. The stock ranged in price between $42.58-$43.36 after having opened the day at $43.36 as compared to the previous trading day's close of $43.52. Other companies within the Energy industry that declined today were:
), down 7.6%,
), down 7.0%,
), down 6.4% and
), down 5.2%.
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Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $41.0 billion and is part of the basic materials sector. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are up 25.5% year to date as of the close of trading on Thursday. Currently there are 22 analysts that rate Halliburton Company a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates Halliburton Company as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Halliburton Company Ratings Report.
On the positive front,
), down 17.7%,
), down 10.9%,
), down 5.5% and
), down 4.6% , were all gainers within the energy industry with
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
) while those bearish on the energy industry could consider
- Find other investment ideas from our top rated ETFs lists.
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