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Halliburton Co. (HAL) Climbed To An 11-Month High On Strong Q4 Results

Halliburton Co. (HAL) reported fourth quarter adjusted income from continuing operations of $0.53 Monday morning, compared to $0.04 last year. The consensus estimate was for EPS of $0.46.

Halliburton gapped up at the open Monday and climbed until mid-morning. The stock advanced further around mid-afternoon and closed up by 3.39 at $56.40 on above average volume. Halliburton has been on an upward trend for nearly 2 months and climbed to a new high for the year.

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