What Halliburton's Earnings Mean For Mutual Fund Investors (HAL)
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.
Not interested

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

What Halliburton's Earnings Mean For Mutual Fund Investors (HAL)

Shauna O'Brien

|

Halliburton red logo
Before Monday’s opening bell, Halliburton (HAL) released its first quarter financial results. Here’s what the results mean for mutual fund investors.

Inside HAL’s Results

Earnings

Halliburton (HAL ) reported a net loss of $639 million, or 75 cents per share. Adjusted earnings were $418 million, or 49 cents per share, compared to $623 million, or 73 cents per share,a year ago. Analysts expected to see EPS of 37 cents.

Revenue
Revenue for the quarter was $7.1 billion from $7.3 billion last year. Analysts expected to see revenue of $6.99 billion.

Lower Oil Prices

The oil and gas company fell into a loss for the first quarter of 2015 due to the decline of energy prices. The drop in prices has brought down shares of HAL nearly 23% in the last 12 months. HAL, which is currently involved in a pending merger deal with Baker Hughes (BHI), has announced plans to cut its workforce by about 6,400 jobs.

Mutual Funds to Watch

Investors considering a stake in HAL may be interested in the funds listed below. These funds currently hold the largest stakes in the company.
Symbol Mutual Fund Stake
VTSMX Vanguard Total Stock Market Index 1.67%
VFINX Vanguard 500 Index 1.13%
VWELX Vanguard Wellington 0.68%

The Bottom Line

The funds above offer investors exposure to a diverse group of securities and industries. Investors interested in HAL may also be interested in Baker Hughes (BHI)

.If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Read Next

Halliburton red logo

What Halliburton's Earnings Mean For Mutual Fund Investors (HAL)

Shauna O'Brien

|

Before Monday’s opening bell, Halliburton (HAL) released its first quarter financial results. Here’s what the results mean for mutual fund investors.

Inside HAL’s Results

Earnings

Halliburton (HAL ) reported a net loss of $639 million, or 75 cents per share. Adjusted earnings were $418 million, or 49 cents per share, compared to $623 million, or 73 cents per share,a year ago. Analysts expected to see EPS of 37 cents.

Revenue
Revenue for the quarter was $7.1 billion from $7.3 billion last year. Analysts expected to see revenue of $6.99 billion.

Lower Oil Prices

The oil and gas company fell into a loss for the first quarter of 2015 due to the decline of energy prices. The drop in prices has brought down shares of HAL nearly 23% in the last 12 months. HAL, which is currently involved in a pending merger deal with Baker Hughes (BHI), has announced plans to cut its workforce by about 6,400 jobs.

Mutual Funds to Watch

Investors considering a stake in HAL may be interested in the funds listed below. These funds currently hold the largest stakes in the company.
Symbol Mutual Fund Stake
VTSMX Vanguard Total Stock Market Index 1.67%
VFINX Vanguard 500 Index 1.13%
VWELX Vanguard Wellington 0.68%

The Bottom Line

The funds above offer investors exposure to a diverse group of securities and industries. Investors interested in HAL may also be interested in Baker Hughes (BHI)

.If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Read Next

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.