Barclays now sees two Fed cuts this year, says jumbo Fed cuts ’very unlikely’
HOUSTON - Halliburton Company (NYSE:HAL), the $19.8 billion energy services giant currently trading at an attractive P/E ratio of 9.6, announced Monday that Stephanie Holzhauser will become the company’s senior vice president and chief accounting officer effective July 16, 2025. According to InvestingPro analysis, the company maintains a GREAT financial health score, reflecting its strong market position.
Holzhauser will replace Charles Geer Jr., who is leaving Halliburton to take an executive position at another company, according to a press release statement.
Holzhauser, who began her career at Halliburton as an intern before joining as an associate accountant in 2004, most recently served as vice president of operations finance. In that role, she oversaw hemispheres, divisions, and financial planning and analysis teams.
Throughout her 21-year tenure at the energy services company, Holzhauser has held various positions with increasing responsibility in external reporting and technical accounting, working across both the Completion and Production and Drilling and Evaluation divisions.
"Stephanie plays a critical role in the finance and accounting organization and in the company’s success," said Eric Carre, executive vice president and chief financial officer of Halliburton.
Holzhauser holds both bachelor’s and master’s degrees in accounting from Louisiana State University.
Halliburton, founded in 1919, provides products and services to the energy industry and is headquartered in Houston, Texas.
In other recent news, Halliburton Company has declared a second-quarter dividend for 2025, with shareholders set to receive $0.17 per share. This dividend is scheduled for payment on June 25, 2025, to stockholders of record by June 4, 2025. Additionally, Halliburton announced the dual listing of its common stock on the NYSE Texas, while maintaining its primary listing on the New York Stock Exchange. The move aims to broaden its investor base and reinforce its connection with the Texas business community. Furthermore, Halliburton’s shareholders recently approved the election of all director nominees, ratified KPMG LLP as independent auditors, and gave advisory approval of executive compensation.
On the analyst front, Stifel has lowered its price target for Halliburton from $37 to $32, maintaining a Buy rating, following disappointing first-quarter earnings and guidance. Barclays also revised its price target downward from $29 to $26, maintaining an Equalweight rating, due to margin pressures and a challenging earnings season. Both firms have adjusted their earnings projections for Halliburton, citing various market uncertainties. These developments underscore the ongoing attention investors pay to Halliburton’s financial strategies and market position.
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