Pivotal-Point Tracking Halliburton (HAL): Oil service provider benefits from strong fundamentals and high oil prices – attractive P/E ratio of 9.7!

The oil service provider saw a significant price jump of around 12% on October 21, 2025, triggered by the release of quarterly results. Halliburton is one of the world's largest companies providing services and products in oil and gas exploration and production. Higher oil and gas prices encourage production companies to invest in new projects and increase production. Q3 revenue stood at $5.6 billion, exceeding analysts' expectations of $5.39 billion. The adjusted profit also surpassed estimates at $0.58 compared to $0.50. The fundamentals, such...