Thread regarding Halliburton (HAL) stock

Oil is through the roof, but share price is stagnant

Oil prices are crazy high due to shortages and the Strait of Hormuz being closed. You'd think Halliburton would be printing money. Instead the stock just sits there. The CEO says the supply overhang is gone and energy security is the new reality. Then the stock drops four percent in a day because some peace deal might be in the works and the war premium disappears overnight. I keep waiting for the moment when high oil actually pushes this thing higher. Maybe it never comes. Maybe the market decided months ago. It all doesn’t really make much sense.

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