Halliburton (HAL) Stock Price, News & Analysis

-0.42 (-1.08%)
(As of 10:04 AM ET)
Today's Range
50-Day Range
52-Week Range
564,410 shs
Average Volume
7.07 million shs
Market Capitalization
$33.95 billion
P/E Ratio
Dividend Yield
Price Target

Halliburton MarketRank™ Stock Analysis

Analyst Rating
3.00 Rating Score
26.1% Upside
$48.82 Price Target
Short Interest
2.68% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.55mentions of Halliburton in the last 14 days
Based on 54 Articles This Week
Insider Trading
Selling Shares
$13.48 M Sold Last Quarter
Proj. Earnings Growth
From $3.42 to $4.01 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.

4.97 out of 5 stars

Oils/Energy Sector

4th out of 233 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

2nd out of 18 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.
How to camouflage a factory of 53,000 workers
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." The former Goldman Sachs VP – who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
Unpack Halliburton Co. (HAL) Latest Quarterly SEC 10-Q Filing
How to camouflage a factory of 53,000 workers
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." The former Goldman Sachs VP – who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
Halliburton Sees Unusually High Options Volume (NYSE:HAL)
Q1 2024 Halliburton Co Earnings Call
Halliburton: Q1 Earnings Snapshot
Halliburton Company Q1 Profit Decreases, but beats estimates
Halliburton Announces First Quarter 2024 Results
Halliburton (NYSE:HAL) Upgraded at StockNews.com
See More Headlines
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Company Calendar

Ex-Dividend for 3/27 Dividend
Dividend Payable
Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Oil & gas field services, not elsewhere classified
Oil & Gas Equipment & Services
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
14 Analysts


Net Income
$2.64 billion
Pretax Margin


Sales & Book Value

Annual Sales
$23.02 billion
Cash Flow
$4.31 per share
Book Value
$10.92 per share


Free Float
Market Cap
$34.32 billion

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Should I Buy Halliburton Stock? HAL Pros and Cons Explained


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.


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?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last year. There are currently 1 hold rating, 12 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?

14 analysts have issued 12 month target prices for Halliburton's stock. Their HAL share price targets range from $41.00 to $56.00. On average, they predict the company's stock price to reach $48.82 in the next twelve months. This suggests a possible upside of 26.1% 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 stock has increased by 7.1% and is now trading at $38.72.
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 Wednesday, July 17th 2024.
View our HAL earnings forecast

How were Halliburton's earnings last quarter?

Halliburton (NYSE:HAL) issued its quarterly earnings data on Tuesday, April, 23rd. The oilfield services company reported $0.76 EPS for the quarter, beating analysts' consensus estimates of $0.74 by $0.02. The oilfield services company earned $5.80 billion during the quarter, compared to the consensus estimate of $5.67 billion. Halliburton had a net margin of 11.20% and a trailing twelve-month return on equity of 30.84%. The company's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm 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 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Tuesday, March 5th. This is an increase 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 1.76%. 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 23.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 16.96% 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 variety of retail and institutional investors. Top institutional investors include Raymond James & Associates (0.45%), Raymond James Financial Services Advisors Inc. (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Perpetual Ltd (0.10%), Allspring Global Investments Holdings LLC (0.08%) and Gateway Investment Advisers LLC (0.07%). 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.
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This page (NYSE:HAL) was last updated on 4/25/2024 by MarketBeat.com Staff

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