Here is Why Halliburton (HAL) Fell This Week

The share price of Halliburton Company (NYSE:HAL) fell by 9.07% between June 18 and June 25, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Here is Why Halliburton (HAL) Fell This Week

A drilling rig in the desert with an orange sunset in the background.

Founded in 1919, Halliburton Company (NYSE:HAL) is one of the largest providers of products and services to the energy industry in the world.

Halliburton Company (NYSE:HAL) is one of the largest providers of hydraulic fracturing (fracking) services in the world, and its earnings depend on the price of oil and demand for drilling equipment. So the stock took a hit this week following a sharp plunge in the global prices of crude oil, as a result of the ceasefire announced between Iran and Israel.

The WTI crude oil price has fallen by almost 12% since June 20, 2025, and is currently hovering around the $65 mark. Consequently, the oil and gas equipment and services sector has also declined by around 7.5% over the last week.

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