Halliburton has secured two major international contracts, signing a strategic memorandum with Indonesia's PT Pertamina to apply advanced hydraulic fracturing and AI tools for unconventional energy development, and securing a role in Saudi Aramco's Jafurah natural gas megaproject. These deals expand the company's technology-heavy international footprint in well construction and stimulation. The stock has shown strong recent momentum, with a 21.6% year-to-date return, and is being highlighted by some analysts as a potentially undervalued energy stock.