Halliburton Company (HAL): Today's Featured Energy Winner

Tickers in this article: HAL

Halliburton Company (HAL) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.3%. By the end of trading, Halliburton Company rose 77 cents (2.6%) to $30.17 on average volume. Throughout the day, 16.2 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 15.7 million shares. The stock ranged in a price between $29.19-$30.29 after having opened the day at $29.25 as compared to the previous trading day's close of $29.40. Other companies within the Energy industry that increased today were: Voyager Oil & Gas (VOG), up 9.8%, Isramco (ISRL), up 8.2%, GeoMet (GMET), up 7.1%, and Bonanza Creek Energy (BCEI), up 6.6%.

Halliburton Company provides various products and services to the energy industry for exploring, developing, and producing oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $26.58 billion and is part of the basic materials sector. The company has a P/E ratio of 8.5, below the average energy industry P/E ratio of nine and below the S&P 500 P/E ratio of 17.7. Shares are down 16.5% year to date as of the close of trading on Tuesday. Currently there are 20 analysts that rate Halliburton Company a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Halliburton Company as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself.

On the negative front, Whiting USA Trust I (WHX), down 34.4%, Sanchez Energy (SN), down 10.9%, Cubic Energy (QBC), down 10.1%, and Mexco Energy Corporation (MXC), down 9.8%, were all losers within the energy industry with Talisman Energy (TLM) being today's energy industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR (XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas (DDG).

Tickers in this article: HAL