S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

Halliburton (HAL) Stock Price, News & Analysis

$39.10
-0.57 (-1.44%)
(As of 04/15/2024 ET)
Today's Range
$39.09
$40.17
50-Day Range
$34.07
$41.25
52-Week Range
$27.84
$43.85
Volume
5.38 million shs
Average Volume
5.10 million shs
Market Capitalization
$34.66 billion
P/E Ratio
13.34
Dividend Yield
1.74%
Price Target
$48.53

Halliburton MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
24.1% Upside
$48.53 Price Target
Short Interest
Healthy
2.68% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.65
Upright™ Environmental Score
News Sentiment
0.40mentions of Halliburton in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$13.48 M Sold Last Quarter
Proj. Earnings Growth
16.96%
From $3.42 to $4.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Oils/Energy Sector

5th out of 243 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

2nd out of 19 stocks

HAL stock logo

About Halliburton Stock (NYSE:HAL)

Halliburton Company is a multinational corporation that provides various services and products to the energy industry. Founded in 1919 and headquartered in Houston, Texas, the company operates in over 80 countries, with its primary business lines including drilling and evaluation, completion and production, hydraulic fracturing and other services. The company's customers include major oil and gas companies and independent operators in the energy industry.

Halliburton has achieved several key milestones over the years, including being the first company to log a well in the Gulf of Mexico and the first to perform hydraulic fracturing in the Permian Basin.

Halliburton's current CEO and Chairman of the Board is Jeff Miller, who has been with the company for over 30 years, having served as the president and chief operating officer. In 2020, Halliburton announced that it was changing its executive leadership team, adding several new members, including Mark Richard, the President of the Western Hemisphere.

In recent years, Halliburton's financial performance has been impacted by the oil and gas industry downturn, which has resulted in lower demand for its services and products. Halliburton's profit margins have also been affected by the downturn. However, despite this downturn, Halliburton has been beating earnings-per-share and revenue expectations in most quarters. Halliburton's valuation metrics suggest the company might be slightly undervalued compared to its peers. 

Halliburton's stock performance has been impacted by the downturn in the energy industry, with the company's share price declining by 46% in 2020. However, the company's stock price has rebounded, with the share price increasing from 2020 - 2022. Halliburton's trading volume has also decreased in recent months, averaging a daily trading volume of 8 million shares. 

The energy industry has faced several challenges recently, including declining oil prices, increased regulatory scrutiny and growing concerns over climate change. These challenges have impacted the industry's profitability and have led to increased competition among industry players. Halliburton's primary competitors in the energy services industry include Schlumberger, Baker Hughes and National Oilwell Varco. The company has been focused on improving its competitive position by investing in new technologies and expanding its global footprint.

Despite the challenges facing the energy industry, Halliburton has several growth opportunities that it is pursuing. One of the company's key growth drivers is the development of new technologies that can improve the efficiency and productivity of the energy industry. Halliburton has invested heavily in digitalization, automation and artificial intelligence to improve its services and products. The company is also focused on expanding its global footprint, particularly in emerging markets such as China and India.

Halliburton faces several risks and challenges in the current business environment. One of the most significant challenges facing the company is the volatility of oil prices, which can substantially impact the demand for its services and products. In addition, the industry is facing increasing regulatory scrutiny, particularly around issues such as climate change and environmental impact. This could result in increased costs and regulatory compliance requirements for the company.

Another challenge for Halliburton is the increasing competition in the industry. The company's primary competitors are investing heavily in research and development and expanding their global footprint, which could impact Halliburton's market share and profitability. Furthermore, the ongoing geopolitical tensions and trade disputes could also impact the company's operations, particularly in emerging markets.

HAL Stock Price History

HAL Stock News Headlines

How to Invest in Energy (HAL)
Energy keeps the world moving, from oil to gas to solar to wind. Learn about the types of energy investments, where to find them and which may be best for you.
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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Halliburton (HAL) Set to Announce Quarterly Earnings on Tuesday
StockNews.com Lowers Halliburton (NYSE:HAL) to Hold
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Wells Fargo Keeps Their Buy Rating on Halliburton (HAL)
Halliburton (NYSE:HAL) Stock Rating Reaffirmed by Susquehanna
Assessing Halliburton: Insights From 6 Financial Analysts
Halliburton (NYSE:HAL) Upgraded to Buy by StockNews.com
Williston hosts Oil & Gas Job Fair
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 3/27 Dividend
3/05/2024
Dividend Payable
3/27/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
40621610
Employees
48,000
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$48.53
High Stock Price Target
$56.00
Low Stock Price Target
$41.00
Potential Upside/Downside
+24.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
12 Analysts

Profitability

Net Income
$2.64 billion
Pretax Margin
14.61%

Debt

Sales & Book Value

Annual Sales
$23.02 billion
Cash Flow
$4.24 per share
Book Value
$10.60 per share

Miscellaneous

Free Float
880,997,000
Market Cap
$34.66 billion
Optionable
Optionable
Beta
2.00

Social Links

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Should I Buy Halliburton Stock? HAL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Halliburton:

  • Strong presence in the energy industry worldwide, providing a wide range of products and services essential for oil and gas field operations.
  • Diversified business model with two key segments, Completion and Production, and Drilling and Evaluation, offering a comprehensive suite of services catering to different aspects of the energy sector.
  • Continuous innovation and investment in digital services and artificial intelligence solutions, enhancing operational efficiency and providing valuable subsurface insights for clients.
  • Recent positive performance in the stock market, with the current stock price showing promising growth potential for investors.
  • Long-standing history since 1919 and based in Houston, Texas, Halliburton has a solid foundation and expertise in the oil and gas equipment and services industry.

Cons

Investors should be bearish about investing in Halliburton for these reasons:

  • Dependency on the volatile energy market, subject to fluctuations in oil prices and industry demand, which can impact the company's financial performance.
  • Regulatory challenges and environmental concerns in the oil and gas sector may pose risks to Halliburton's operations and future growth prospects.
  • Competition from other major players in the industry, leading to pricing pressures and potential market share challenges for Halliburton.
  • Global economic uncertainties and geopolitical factors can influence the energy sector, affecting Halliburton's business operations and profitability.
  • Potential impact of technological advancements and shifts towards renewable energy sources on the demand for traditional oil and gas services provided by Halliburton.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Halliburton pros and cons to contact@marketbeat.com.

HAL Stock Analysis - Frequently Asked Questions

Should I buy or sell Halliburton stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last year. There are currently 1 hold rating, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" HAL shares.
View HAL analyst ratings
or view top-rated stocks.

What is Halliburton's stock price target for 2024?

12 brokerages have issued 12 month price objectives for Halliburton's stock. Their HAL share price targets range from $41.00 to $56.00. On average, they anticipate the company's share price to reach $48.53 in the next year. This suggests a possible upside of 24.1% from the stock's current price.
View analysts price targets for HAL
or view top-rated stocks among Wall Street analysts.

How have HAL shares performed in 2024?

Halliburton's stock was trading at $36.15 at the beginning of the year. Since then, HAL shares have increased by 8.2% and is now trading at $39.10.
View the best growth stocks for 2024 here
.

When is Halliburton's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our HAL earnings forecast
.

How can I listen to Halliburton's earnings call?

Halliburton will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Halliburton's earnings last quarter?

Halliburton (NYSE:HAL) announced its quarterly earnings data on Tuesday, January, 23rd. The oilfield services company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.06. The oilfield services company earned $5.74 billion during the quarter, compared to analysts' expectations of $5.78 billion. Halliburton had a trailing twelve-month return on equity of 31.59% and a net margin of 11.46%. The company's revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 EPS.
Read the conference call transcript
.

How often does Halliburton pay dividends? What is the dividend yield for Halliburton?

Halliburton announced a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Wednesday, March 6th will be given a dividend of $0.17 per share on Wednesday, March 27th. This represents a $0.68 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Tuesday, March 5th. This is a positive change from the stock's previous quarterly dividend of $0.16.
Read our dividend analysis for HAL
.

Is Halliburton a good dividend stock?

Halliburton (NYSE:HAL) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.71%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 17.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HAL.

What is Jeff Miller's approval rating as Halliburton's CEO?

651 employees have rated Halliburton Chief Executive Officer Jeff Miller on Glassdoor.com. Jeff Miller has an approval rating of 63% among the company's employees. This puts Jeff Miller in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Halliburton own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Halliburton investors own include Schlumberger (SLB), Intel (INTC), Bank of America (BAC), AT&T (T), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), General Electric (GE), NVIDIA (NVDA), Boeing (BA) and Walt Disney (DIS).

Who are Halliburton's major shareholders?

Halliburton's stock is owned by a number of institutional and retail investors. Top institutional investors include Perpetual Ltd (0.10%), Gateway Investment Advisers LLC (0.07%), Guinness Asset Management LTD (0.04%), Portman Square Capital LLP (0.00%), Park National Corp OH (0.03%) and Meyer Handelman Co. (0.03%). Insiders that own company stock include Charles Jr Geer, Eric Carre, Jeffrey Allen Miller, Jill D Sharp, Joe D Rainey, Lance Loeffler, Lawrence J Pope, Margaret Katherine Banks, Mark Richard, Murry Gerber, Myrtle L Jones, Timothy Mckeon and Van H Beckwith.
View institutional ownership trends
.

How do I buy shares of Halliburton?

Shares of HAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Halliburton have any subsidiaries?
The following companies are subsidiares of Halliburton: Dunlavy Financial Services B.V., Easy Well Solutions, Geophysical Services Inc., Halliburton B.V., Halliburton Curacao Holdings BV, Halliburton Global Affiliates Holdings B.V., Halliburton Global Holdings B.V., Halliburton Global Holdings LLC, Halliburton Global Netherlands Cooperatief U.A., Halliburton Group Technologies Inc., Halliburton Holdings LLC, Halliburton Netherlands Holdings B.V., Halliburton Offshore Technologies Inc., Halliburton Swiss Holdings GmbH, Halliburton Technology Partners LLC, Halliburton U.S. International Holdings Inc., Halliburton U.S. Technologies Inc, Intelligent Well Controls, Knowledge Systems Inc., Landmark Graphics, Landmark Solutions, Magic Earth, Multi-Chem Group, PSL Energy Services, Permedia Research Group, Pinnacle Technologies Inc., Protech Centerform, Red Spider, SensorTran, Summit ESP, Ultraline Services Corp., and WellDynamics.
Read More
This page (NYSE:HAL) was last updated on 4/16/2024 by MarketBeat.com Staff

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