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Why Halliburton (HAL) Stock Is Up Today

Halliburton (HAL) is up 4.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a fresh contract win tied to bp’s Bumerangue field appraisal campaign offshore Brazil, which gives Halliburton new integrated drilling and evaluation work. The move may also be getting support from stronger sentiment toward energy names as crude prices firmed, though that appears to be a secondary factor.

Details:

  • Halliburton said on August 25, 2026 that it won an integrated contract from bp for the first appraisal campaign at the Bumerangue field in deepwater Brazil.
  • The work covers a broad package of drilling and evaluation services, with automation and remote operations included, which suggests the award is meaningful beyond a single narrow service line.
  • bp has described Bumerangue as a large offshore Brazil discovery and is preparing an appraisal program to better define the resource and development path, which supports the view that the campaign could be strategically important.
  • Recent company disclosures also show Halliburton entered this week with decent operating momentum, including second-quarter revenue of $5.7 billion, improved earnings versus the prior quarter, share repurchases, and a newly declared quarterly dividend.
  • Sources:

    Halliburton, SEC, Oil & Gas Journal

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $HAL Insider Trading Activity

    HAL Insider Trades

    $HAL insiders have traded $HAL stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.

    Here’s a breakdown of recent trading of $HAL stock by insiders over the last 6 months:

    • JEFFREY ALLEN MILLER (Director, President & CEO) has made 0 purchases and 2 sales selling 282,938 shares for an estimated $10,695,105.
    • VAN H. BECKWITH (EVP, Secretary and CLO) has made 0 purchases and 2 sales selling 217,967 shares for an estimated $8,853,310.
    • JEFFREY SHANNON SLOCUM (Director, EVP and COO) has made 0 purchases and 3 sales selling 74,134 shares for an estimated $2,594,339.
    • ERIC CARRE (EVP & Chief Financial Officer) sold 24,778 shares for an estimated $889,282
    • MICHAEL CASEY MAXWELL (President - Western Hemisphere) has made 0 purchases and 2 sales selling 20,348 shares for an estimated $852,445.
    • TIMOTHY MCKEON (Senior VP and Treasurer) has made 0 purchases and 2 sales selling 12,501 shares for an estimated $495,697.
    • TOBI M. YOUNG has made 0 purchases and 2 sales selling 6,125 shares for an estimated $255,537.

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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    $HAL Hedge Fund Activity

    We have seen 639 institutional investors add shares of $HAL stock to their portfolio, and 564 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

    $HAL Price Targets

    Multiple analysts have issued price targets for $HAL recently. We have seen 11 analysts offer price targets for $HAL in the last 6 months, with a median target of $42.0.

    Here are some recent targets:

    • Charles Minervino from Susquehanna set a target price of $42.0 on 07/08/2026
    • Josh Silverstein from UBS set a target price of $40.0 on 07/02/2026
    • Scott Gruber from Citigroup set a target price of $52.0 on 06/03/2026
    • David Anderson from Barclays set a target price of $55.0 on 05/08/2026
    • Stephen Gengaro from Stifel set a target price of $43.0 on 04/22/2026
    • Joe Laetsch from Morgan Stanley set a target price of $42.0 on 04/22/2026
    • Keith Mackey from RBC Capital set a target price of $44.0 on 04/22/2026

    This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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