Halliburton beats Q4 expectations, maintains Buy rating with strong cash flow and growth outlook.

Halliburton reported better-than-expected Q4 results with earnings per share of $0.69 and revenue of $5.7 billion, driven by international growth offsetting weakness in North America. The company generated $875 million in free cash flow and plans to keep capital expenditures at 5-6% of revenue while returning at least 50% of free cash flow to shareholders. Despite a lowered price target of $51, the stock remains a Buy due to strong fundamentals and technicals, with potential upside toward $44-$45 resistance levels if oil prices remain stable. The energy sector benefits from rising oil prices amid geopolitical tensions, supporting Halliburton's positive outlook.