Halliburton Co HAL

Morningstar Rating
$34.30 −0.12 (0.35%)
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Company Report

Price vs Fair Value

HAL is trading at a LOCK|>Yf!XYy premium.
Price
$34.42
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Halliburton’s greater short-cycle exposure than its Big Three peers means its fundamentals should benefit sooner amid elevated oil prices.

Bears

Demand destruction from elevated oil prices is a vicious cycle, as slowing economic activity means Halliburton’s customers will eventually pull back on capital spending.

News

Trading Information

Previous Close Price
$34.42
Day Range
$34.1734.70
52-Week Range
$20.7943.59
Bid/Ask
$34.28 / $34.29
Shares Outstanding
833.13M
Market Cap
$28.56B
Volume/Avg
2M / 12M

Key Statistics

Price/Earnings (Normalized)
14.52
Price/Sales
1.29
Dividend Yield (Trailing)
1.98%
Dividend Yield (Forward)
1.98%
Total Yield
4.45%

Company Profile

Halliburton is North America’s largest oilfield-services company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Mid Value
Total Number of Employees
46,000

Competitors

Valuation

Metric
HAL
SLB
WFRD
Price/Earnings (Normalized)
14.5221.4218.68
Price/Book Value
2.613.063.81
Price/Sales
1.292.231.43
Price/Cash Flow
10.1912.389.77
Price/Earnings
HAL
SLB
WFRD

Financial Strength

Metric
HAL
SLB
WFRD
Quick Ratio
1.250.941.57
Current Ratio
2.021.442.34
Interest Coverage
7.168.414.40
Quick Ratio
HAL
SLB
WFRD

Profitability

Metric
HAL
SLB
WFRD
Return on Assets (Normalized)
7.88%7.11%8.75%
Return on Equity (Normalized)
18.83%15.37%27.13%
Return on Invested Capital (Normalized)
11.91%10.72%15.44%
Return on Assets
HAL
SLB
WFRD

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