S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Sell every Stock except ONE (Ad)
Closing prices for crude oil, gold and other commodities
2 Important Retail Stock Battles to Watch
Pipeline break spills 45,000 gallons of diesel in Wyoming
Biden's Plan to Confiscate Your Cash? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Sell every Stock except ONE (Ad)
Closing prices for crude oil, gold and other commodities
2 Important Retail Stock Battles to Watch
Pipeline break spills 45,000 gallons of diesel in Wyoming
Biden's Plan to Confiscate Your Cash? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Sell every Stock except ONE (Ad)
Closing prices for crude oil, gold and other commodities
2 Important Retail Stock Battles to Watch
Pipeline break spills 45,000 gallons of diesel in Wyoming
Biden's Plan to Confiscate Your Cash? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Sell every Stock except ONE (Ad)
Closing prices for crude oil, gold and other commodities
2 Important Retail Stock Battles to Watch
Pipeline break spills 45,000 gallons of diesel in Wyoming
Biden's Plan to Confiscate Your Cash? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Biden's Plan to Confiscate Your Cash? (Ad)
NYSE:HAL

Halliburton - HAL Stock Forecast, Price & News

$29.55
-0.02 (-0.07%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$28.80
$29.61
50-Day Range
$27.27
$42.97
52-Week Range
$17.82
$43.99
Volume
8.56 million shs
Average Volume
9.81 million shs
Market Capitalization
$26.80 billion
P/E Ratio
18.58
Dividend Yield
1.62%
Price Target
$39.53

Halliburton MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
33.8% Upside
$39.53 Price Target
Short Interest
Healthy
2.02% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.65
Upright™ Environmental Score
News Sentiment
0.26mentions of Halliburton in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.66 M Sold Last Quarter
Proj. Earnings Growth
37.81%
From $2.01 to $2.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Oils/Energy Sector

35th out of 255 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

2nd out of 24 stocks

HAL stock logo

About Halliburton (NYSE:HAL) Stock

Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; and pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning. This segment also provides electrical submersible pumps, as well as artificial lift services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; oilfield completion, production, and downstream water and process treatment chemicals and services; drilling systems and services; wireline and perforating services consists of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.

Halliburton Stock Performance

NYSE:HAL opened at $29.55 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.60 and a current ratio of 2.15. Halliburton has a fifty-two week low of $17.82 and a fifty-two week high of $43.99. The company has a market cap of $26.80 billion, a price-to-earnings ratio of 18.58 and a beta of 2.15. The stock has a fifty day moving average price of $31.52 and a 200-day moving average price of $34.42.

Halliburton (NYSE:HAL - Get Rating) last announced its quarterly earnings data on Tuesday, July 19th. The oilfield services company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.04. Halliburton had a return on equity of 19.91% and a net margin of 8.19%. The business had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the prior year, the company earned $0.26 EPS. Halliburton's revenue for the quarter was up 36.9% on a year-over-year basis. As a group, equities analysts anticipate that Halliburton will post 2.01 EPS for the current fiscal year.

Halliburton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 22nd. Investors of record on Wednesday, June 1st were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, May 31st. This represents a $0.48 annualized dividend and a dividend yield of 1.62%. Halliburton's dividend payout ratio is currently 30.19%.

Wall Street Analysts Forecast Growth

HAL has been the topic of a number of recent analyst reports. Barclays boosted their target price on Halliburton from $50.00 to $53.00 and gave the stock an "overweight" rating in a report on Wednesday, June 8th. Morgan Stanley decreased their price objective on Halliburton from $45.00 to $40.00 and set an "overweight" rating on the stock in a report on Wednesday, July 13th. Wells Fargo & Company decreased their price objective on Halliburton from $42.00 to $33.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 20th. Stephens decreased their price objective on Halliburton to $32.00 in a report on Friday, July 22nd. Finally, HSBC raised Halliburton from a "hold" rating to a "buy" rating and upped their price objective for the company from $36.60 to $41.60 in a report on Wednesday, April 27th. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $39.53.

Insider Buying and Selling

In other Halliburton news, EVP Lawrence J. Pope sold 10,000 shares of the stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $40.95, for a total value of $409,500.00. Following the completion of the transaction, the executive vice president now directly owns 273,342 shares in the company, valued at $11,193,354.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Halliburton news, insider Joe D. Rainey sold 20,000 shares of the stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $42.73, for a total value of $854,600.00. Following the completion of the transaction, the insider now directly owns 310,014 shares in the company, valued at $13,246,898.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lawrence J. Pope sold 10,000 shares of the stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $40.95, for a total value of $409,500.00. Following the completion of the transaction, the executive vice president now owns 273,342 shares of the company's stock, valued at $11,193,354.90. The disclosure for this sale can be found here. Insiders sold a total of 40,000 shares of company stock worth $1,663,600 in the last ninety days. 0.57% of the stock is owned by insiders.

Receive HAL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Halliburton and its competitors with MarketBeat's FREE daily newsletter.

HAL Stock News Headlines

Schlumberger: Another Reason To Bet On An Oil-Services Rebound (HAL)
If results from Baker Hughes (NYSE: BKR) and Haliburton (NYSE: HAL) weren’t enough to convince you of a rebound in the oil services sector Schlumberger (NYSE: SLB) has given us some more evidence. The company reported a solid quarter driven by strength in all regions and segments due to an increase in investment in the oil industry.
Stocks make another run at rising as profit reports roll in
Stocks are making another run at rising on Wall Street Tuesday as more reports pour in on how much profit companies made during the spring
Stocks open higher on Wall Street as more earnings roll in
Stocks are opening broadly higher on Wall Street Tuesday as more earnings reports roll in from U.S. companies
Check Out What Whales Are Doing With HAL
Halliburton CFO Weighs on Debt, Capital Spending
Halliburton (HAL) Q2 2022 Earnings Call Transcript
See More Headlines
Receive HAL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Halliburton and its competitors with MarketBeat's FREE daily newsletter.

HAL Company Calendar

Ex-Dividend for 6/22 Dividend
5/31/2022
Dividend Payable
6/22/2022
Last Earnings
7/19/2022
Today
8/13/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
40621610
Employees
40,000
Year Founded
1919

Price Target and Rating

Average Stock Price Forecast
$39.53
High Stock Price Forecast
$53.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+33.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$1.46 billion
Pretax Margin
7.41%

Debt

Sales & Book Value

Annual Sales
$15.30 billion
Cash Flow
$2.08 per share
Book Value
$7.88 per share

Miscellaneous

Free Float
901,774,000
Market Cap
$26.80 billion
Optionable
Optionable
Beta
2.15

Social Links















HAL Stock - Frequently Asked Questions

Should I buy or sell Halliburton stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last twelve months. There are currently 3 hold ratings and 14 buy ratings 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 forecast for 2022?

17 brokers have issued 1 year price objectives for Halliburton's shares. Their HAL share price forecasts range from $24.00 to $53.00. On average, they expect the company's share price to reach $39.53 in the next twelve months. This suggests a possible upside of 33.8% 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 2022?

Halliburton's stock was trading at $22.87 at the beginning of the year. Since then, HAL stock has increased by 29.2% and is now trading at $29.55.
View the best growth stocks for 2022 here
.

When is Halliburton's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our HAL earnings forecast
.

How were Halliburton's earnings last quarter?

Halliburton (NYSE:HAL) posted its earnings results on Tuesday, July, 19th. The oilfield services company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. The oilfield services company had revenue of $5.07 billion for the quarter, compared to analyst estimates of $4.71 billion. Halliburton had a trailing twelve-month return on equity of 19.91% and a net margin of 8.19%. The business's revenue for the quarter was up 36.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.26 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 Thursday, May 19th. Investors of record on Wednesday, June 1st will be paid a dividend of $0.12 per share on Wednesday, June 22nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Tuesday, May 31st.
Read our dividend analysis for HAL
.

Is Halliburton a good dividend stock?

Halliburton (NYSE:HAL) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.62%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 17.08% 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).

What is Halliburton's stock symbol?

Halliburton trades on the New York Stock Exchange (NYSE) under the ticker symbol "HAL."

Who are Halliburton's major shareholders?

Halliburton's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (5.87%), Pzena Investment Management LLC (1.84%), Van ECK Associates Corp (1.27%), Northern Trust Corp (1.02%), Swiss National Bank (0.43%) and Twin Tree Management LP (0.00%). 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, Mark Richard, Murry Gerber, Myrtle L Jones, Myrtle L Jones, Timothy Mckeon and William E Albrecht.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Halliburton's stock price today?

One share of HAL stock can currently be purchased for approximately $29.55.

How much money does Halliburton make?

Halliburton (NYSE:HAL) has a market capitalization of $26.80 billion and generates $15.30 billion in revenue each year. The oilfield services company earns $1.46 billion in net income (profit) each year or $1.59 on an earnings per share basis.

How many employees does Halliburton have?

The company employs 40,000 workers across the globe.

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

When was Halliburton founded?

Halliburton was founded in 1919.

How can I contact Halliburton?

Halliburton's mailing address is 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX, 77032. The official website for the company is www.halliburton.com. The oilfield services company can be reached via phone at (281) 871-4000, via email at investors@halliburton.com, or via fax at 713-759-2635.

This page (NYSE:HAL) was last updated on 8/13/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.