Halliburton Has Long Runway for Growth -- Market Talk

Dow Jones
01/22

1414 ET - Halliburton's liftoff is about to get started. The oilfield-services company posted solid profit and revenue beats in 4Q, Melius Research's James West and Sanskriti Reddy say in a note, and the tepid near-term guide isn't a cause for concern. "The 'flattish' 1H26 is the setup for the upturn, which will begin in 2H26 and accelerate in 2027 and 2028," they write. The analysts' bullishness stems from an expectation that the North American market is bottoming, paving the way for recovery as macroeconomic fundamentals improve. Meanwhile, the outlook for international and deepwater business is promising, they add. Halliburton gains 3.3%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

January 21, 2026 14:14 ET (19:14 GMT)

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