Halliburton (HAL) Stock Rises 10.8% Amid Venezuelan Oil Developments
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
0mins
Source: Benzinga
- Market Reaction: Halliburton's stock surged 10.8% in early trading due to optimistic market sentiment regarding potential business opportunities in Venezuela following recent political developments.
- Oil Resource Potential: With approximately 303 billion barrels of oil reserves, Venezuela presents a significant opportunity for Halliburton as an oil service company, which is expected to secure substantial contracts in the region.
- Investment Risks: Despite the positive outlook for Halliburton, analysts caution that Venezuela's oil infrastructure is severely damaged, requiring tens of billions in investments to restore production, making quick increases unlikely in the short term.
- Geopolitical Impact: U.S. control over Venezuela may diminish China's influence in the region, potentially reshaping the global oil and gas market, necessitating strategic adjustments for Halliburton's business operations in response to these geopolitical shifts.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy HAL?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on HAL
Wall Street analysts forecast HAL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAL is 32.31 USD with a low forecast of 28.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
12 Buy
6 Hold
0 Sell
Moderate Buy
Current: 34.260
Low
28.00
Averages
32.31
High
39.00
Current: 34.260
Low
28.00
Averages
32.31
High
39.00
About HAL
Halliburton Company is a provider of products and services to the energy industry. The Company operates through two segments: Completion and Production and the Drilling and Evaluation. The Completion and Production segment delivers cementing, stimulation, specialty chemicals, intervention, pressure control, artificial lift, and completion products and services. The segment consists of artificial lift, cementing, completion tools, pipeline and process services, production enhancement, and production solutions. The Drilling and Evaluation segment provides field and reservoir modeling, drilling fluids, evaluation and precise wellbore placement solutions that enable customers to model, measure, drill, and optimize their well construction activities. Its product service lines include Baroid, drill bits and services, Halliburton project management, landmark software and services, Sperry drilling, testing and subsea and wireline and perforating.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Oil Prices Surge Amid Renewed Geopolitical Tensions
- Oil Price Increase: Oil prices surged approximately 1% due to President Trump's escalatory rhetoric towards Iran, with West Texas Intermediate futures nearing $63 per barrel, marking the highest level since late September 2025.
- Brent Crude Rally: Brent crude also advanced to around $68 per barrel, reflecting heightened risk premiums in global crude markets driven by fears of supply disruptions, particularly through critical energy chokepoints like the Strait of Hormuz.
- U.S. Supply Tightness: Supply disruptions from severe winter weather, particularly in the Gulf Coast and inland shale regions, have tightened near-term balances, contributing to a more than 9% increase in WTI crude this month and positioning the market to end a five-month losing streak.
- Weaker Dollar Boosts Oil: The U.S. dollar's decline towards multi-week lows has made dollar-priced commodities cheaper for foreign buyers, further supporting the rise in oil prices.
Continue Reading
Halliburton and A*STAR Launch S$35 Million NEX Lab for Energy Innovations
- Project Launch: Halliburton and A*STAR have launched the S$35 million NEX Lab to accelerate the development and commercialization of advanced well completion technologies, enhancing Singapore's competitiveness in the global energy sector.
- Technology Integration: The NEX Lab will streamline the transition from early-stage innovation to field deployment by integrating design, prototyping, and validation activities, which is expected to increase demand for high-value technical roles in Singapore.
- Talent Development: The lab will not only foster the development of local suppliers but also cultivate future scientific and engineering talent in Singapore, strengthening resilient, high-value energy supply chains and supporting national economic and societal goals.
- Historical Collaboration: Since 2019, Halliburton has invested over S$2 million in collaboration with A*STAR, focusing on materials and design improvements, workflow automation, and sensor development, with the establishment of the NEX Lab set to deepen this partnership further.
Continue Reading