Halliburton (HAL) Stock May Still Offer Value Following Q3 Earnings Reset

Halliburton has delivered a 53.5% share price return over the past year, which puts a sharp spotlight on whether the current US$33.50 level is supported by the earnings that underpin the business. With that kind of move on the board, the question for you is whether the market is simply catching up with its profit power or starting to ask for more from the company than its income can reasonably carry. The 53.5% gain over the past 12 months puts recent Halliburton shareholders in a strong...