HAL
Halliburton Wins Multibillion YPF Contract To Expand Fracking In Vaca Muerta
Article Summary
BUY- Halliburton Co. (NYSE: HAL) secured a multi-billion-dollar contract from Argentina's YPF to provide bundled hydraulic fracturing services in the Vaca Muerta formation, expanding its presence in one of the world's largest unconventional oil and gas basins.
- The multi-year deal includes the deployment of Zeus electric-powered fracturing technology, which Halliburton Co. said will be used outside the US for the first time, potentially improving efficiency during well completion.
- The broader opportunity in the formation spans 11,600 square miles in Patagonia and currently produces roughly 600,000 barrels of oil per day, with a target to exceed 1 million barrels per day by 2030.
- Wall Street bankers have indicated that much of the required infrastructure buildout will likely depend on foreign capital, which could support continued demand for oilfield services providers over time.
- The deal signals a gradual shift toward international shale development supported by external funding and new technology.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -3.3% | 25% | 0.0 ptsDeclining (-3.3%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 9.6% | 25% | 20.0 ptsWeak (9.6%) - Low expectations |
| Target Price Upside ? | 3.0% | 20% | 20.0 ptsMinimal Upside (3.0%) - Target: $38.81 vs Current: $37.69 |
| Gross Margin % ? | 15.7% | 15% | 20.0 ptsThin (15.7%) - Low-margin business |
| Drawdown from 52-Wk High ? | -8.5% | 15% | 20.0 ptsBarely a Dip (-8.5%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About HAL
- Halliburton Company provides products and services to the energy industry worldwide.
- It operates in two segments, Completion and Production, and Drilling and Evaluation.
- The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems, multilateral systems, and service tools.
- This segment also provides electrical submersible pumps, as well as artificial lift services; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning; and specialty chemicals and services.
- The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; drilling systems and services; wireline and perforating services consisting of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services.
- This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services.
- Halliburton Company was founded in 1919 and is based in Houston, Texas.