Halliburton Has Long Runway for Growth -- Market Talk
Dow Jones
Jan 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)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.