Halliburton (HAL) Stock Rallies Following Trump Venezuela Comments
Halliburton (HAL) stock surged 4.7% in premarket trading after former President Trump announced that U.S. oil firms would invest billions in Venezuela's oil infrastructure following regime change. This news also bolstered other oilfield services companies like SLB and Baker Hughes, despite a slight dip in crude prices. The development highlights a potential new revenue stream for Halliburton, though the timeline for actual projects remains uncertain ahead of its Q4 earnings report on January 21.
https://blockonomi.com/halliburton-hal-stock-rallies-following-trump-venezuela-comments/