Skip to Content
Morningstar

Halliburton Co HAL

Morningstar Rating
Unlock
Stock XNYS Rating as of
$34.40 +0.24 (0.70%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Halliburton Earnings: International Offsets Low North American Drilling and Completions Demand

Katherine Olexa

Narrow-moat Halliburton delivered decent second-quarter results, with sales and margins approximately flat across the board, year over year and sequentially. This was mainly because of subdued North American drilling and completions activity, offset by elevated demand for the same services across international markets. Well incorporate the firm's full financial and operating results shortly, but after this first look, we maintain our $39 fair value estimate.

Read Full Report

Price vs Fair Value

View History
HAL is trading at a 387% premium.
Price
$34.40
Fair Value
$89.00
Uncertainty
High
1-Star Price
$35.13
5-Star Price
$73.40
Economic Moat
Cvllqj
Capital Allocation
Ssxwdtxc

Bulls Say, Bears Say

Bulls

High demand for next-generation frac spreads will allow Halliburton to maintain premium prices in North America for at least a decade.

Bears

As the North American shale market grows increasingly commoditized and consolidated, Halliburton will encounter difficulties in continuing to extract value from the industry over time.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if HAL is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$34.16
Day Range
$33.79–34.53
52-Week Range
$32.60–43.85
Bid/Ask
$34.35 / $34.56
Market Cap
$30.45 Bil
Volume/Avg
6.7 Mil / 8.1 Mil

Key Statistics

Price/Earnings (Normalized)
10.82
Price/Sales
1.33
Dividend Yield (Trailing)
1.93%
Dividend Yield (Forward)
1.99%
Total Yield
4.60%

Company Profile

Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It’s the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Mid Core
Total Number of Employees
49,000
Website
https://www.halliburton.com

Competitors

Valuation

View More
Metric
HAL
WFRD
SLB
Price/Earnings (Normalized)
 10.8218.2915.07
Price/Book Value
 3.057.023.29
Price/Sales
 1.331.622.01
Price/Cash Flow
 7.438.379.60
Price/Earnings
HAL
WFRD
SLB

Financial Strength

Metric
HAL
WFRD
SLB
Quick Ratio
 1.301.291.02
Current Ratio
 2.121.991.49
Interest Coverage
 5.987.1811.85
Quick Ratio
HAL
WFRD
SLB

Profitability

Metric
HAL
WFRD
SLB
Return on Assets (Normalized)
 11.75%11.18%9.91%
Return on Equity (Normalized)
 31.52%59.91%23.36%
Return on Invested Capital (Normalized)
 18.09%21.68%14.78%
Return on Assets
HAL
WFRD
SLB
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Oil & Gas Equipment & Services Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Schlumberger Ltd
SLB
YjqmzfvyRtrrbr$68.5 Bil
 Baker Hughes Co Class A
BKR
ZbsnjdvwvLlxnx$35.5 Bil
 Tenaris SA ADR
TS
RrcclkbzLytf$17.4 Bil
 TechnipFMC PLC
FTI
FqzgdjfDgcz$12.2 Bil
 Weatherford International PLC Ordinary Shares - New
WFRD
GbqtkLgzw$8.6 Bil
 NOV Inc
NOV
DqszvtnDstk$7.9 Bil
 ChampionX Corp
CHX
NjykzgmqQlcv$6.5 Bil
 Liberty Energy Inc Class A
LBRT
SkylkqftQyhn$3.7 Bil
 Expro Group Holdings NV
XPRO
NjrgmjfrZvgj$2.8 Bil

Sponsor Center