Halliburton Stock Looks Overvalued

halliburton stock looks overvalued

Sumary of Halliburton Stock Looks Overvalued:

  • Along with a 35% contraction in the top line, the company net property, plant and equipment declined by 41% last year – reporting $3.8 billion of impairment and other charges..
  • Given the company ongoing capital preservation measures including capex cut and trimmed dividend (leading to lower dividend yield), Trefis believes that HAL stock is overvalued….

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