HAL|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $0.59 | - | - |
| Q2'26 | $0.61 | $0.55 | -10.0% |
| Q1'26 | $0.50 | $0.55 | +10.6% |
| Q4'25 | $0.55 | $0.69 | +25.5% |
| Q3'25 | $0.50 | $0.58 | +16.9% |
| Q2'25 | $0.55 | $0.55 | -0.7% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $5.6B | - | - |
| Q2'26 | $5.5B | $5.7B | +3.1% |
| Q1'26 | $5.3B | $5.4B | +1.8% |
| Q4'25 | $5.5B | $5.7B | +3.5% |
| Q3'25 | - | $5.6B | - |
| Q2'25 | - | $5.5B | - |
Market Data
HAL Stock Snapshot
HAL is currently trading at $32.00, giving Halliburton Company a market cap of 26.96B and a P/E ratio of 16.8. Today's range spans $31.77–$32.61, with shares opening at $32.19 and moving up $0.11 (0.3%) from the prior close. DailyIQ's technical score sits at 32/100 (SELL) with a news sentiment reading of 70/100.
Over the past year HAL has traded between $20.39 and $43.59 - the current price is +56.9% off the 52-week low and -26.6% from the high.
Sector rotation is working against HAL - large-cap, Energy, 26.96B market cap. Technical score 32/100 (SELL), sentiment bullish (70/100), price $32.00 (in the middle of its 52-week range). (P/E: 16.8) When capital rotates out of a sector, large-cap names with bearish technicals are the first to absorb the selling. Annual range $20.39–$43.59 frames where the next potential demand zone resides.
The current SELL phase for HAL (32/100) at $32.00 (in the middle of its 52-week range) suggests that the market is discounting either a fundamental deterioration or a sector headwind that hasn't fully appeared in the earnings line yet. Sentiment at 70/100 (bullish) confirms that news flow is not providing a counternarrative. At 26.96B in Energy capitalization, HAL has the liquidity for institutional exits to be orderly — but orderly doesn't mean shallow within the $20.39–$43.59 range.
Company Insights: Halliburton Company (HAL)
Halliburton Company (HAL) is a significant global provider of products and services to the energy sector, operating through distinct Completion and Production and Drilling and Evaluation segments. The company's offerings span the entire energy lifecycle, from initial well construction to optimizing extraction and production. Founded in 1919 and headquartered in Houston, Texas, Halliburton plays a crucial role in supporting energy companies worldwide with its comprehensive service portfolio.
The company's operational focus is divided between enhancing oil and gas extraction via its Completion and Production segment and facilitating the drilling process through its Drilling and Evaluation segment. This dual approach allows Halliburton to address diverse client needs across the upstream energy value chain. Its services include essential offerings like drilling fluids, well logging, cementing, and advanced digital solutions, underscoring its integrated capabilities.
Halliburton's recent financial performance indicates a pattern of exceeding analyst expectations, particularly in its Earnings Per Share (EPS) metrics. While revenue has shown relative stability, hovering around the $5.4 billion to $5.6 billion range, strategic project wins and international expansion efforts are key drivers for future growth. These developments, coupled with its established position in the oilfield services industry, shape its investment profile.
Earnings Performance
Halliburton has demonstrated a trend of beating analyst EPS estimates in recent quarters, notably in Q3 and Q4 2025.
Reported revenues have remained consistently within the $5.4 billion to $5.6 billion range, indicating stable operational scale.
This earnings surprise trend suggests effective operational management and potentially underappreciated earnings power.
International Expansion
Significant recent news highlights Halliburton's strategic international growth initiatives.
Project wins with Saudi Aramco and a memorandum of understanding with Indonesia's PT Pertamina signal key market penetration.
These agreements focus on advanced hydraulic fracturing and AI-driven tools, pointing to technological leadership in new markets.
Sector Position
Halliburton operates within the critical Oil & Gas Equipment & Services industry, a foundational sector for global energy supply.
Its comprehensive suite of services supports diverse stages of energy exploration and production, providing operational resilience.
Endorsements from figures like Jim Cramer position Halliburton as a favored entity within the oil services sector.
Valuation Metrics
The company's Price-to-Earnings (P/E) ratio stands at approximately 23.07, offering a benchmark for valuation.
With a market capitalization of roughly $29.6 billion, Halliburton represents a substantial player in its industry.
Its 52-week trading range, from $18.72 to $37.025, provides context for recent price volatility and potential upside.
Positioning HAL
Halliburton's stock may appeal to investors seeking exposure to the oilfield services sector, particularly those anticipating continued global energy demand. Adding to positions could be considered during periods of strong international contract wins or when energy prices show sustained upward momentum, driving demand for drilling and completion services. Conversely, reducing exposure might be prudent if geopolitical instability significantly disrupts global oil supply chains or if a sharp decline in energy prices reduces upstream investment.
Risk Factors
Halliburton's risks are primarily tied to the cyclical nature of oil and gas prices and the company's operational execution in a dynamic global energy market.
- Oil Price Volatility
Halliburton's revenue and profitability are highly sensitive to fluctuations in global oil and gas prices. A sustained downturn in prices reduces exploration and production spending by its clients, directly impacting demand for Halliburton's services. This could materialize if geopolitical events or supply gluts lead to a significant and prolonged drop in crude oil prices.
- Project Execution
The company relies on successfully executing large, complex projects for major energy companies, often in challenging international environments. Delays, cost overruns, or technical failures on these projects can lead to financial penalties and reputational damage. This risk becomes more pronounced during periods of rapid expansion or when entering new geographic markets, as highlighted by recent international project wins.
- Geopolitical Instability
As a global service provider, Halliburton is exposed to political risks in the regions where it operates, including potential sanctions, civil unrest, or changes in government regulations. These events can disrupt operations, impact supply chains, and affect the ability to repatriate profits. Recent international expansion efforts increase this exposure.
- Technological Adoption
The energy sector is increasingly focused on efficiency and new technologies, such as AI. Halliburton's ability to integrate and monetize these advancements, like its AI tools mentioned in recent news, is crucial. Failure to keep pace with technological innovation or effectively deploy new solutions could lead to a loss of competitive advantage and market share.
Key Metrics for HAL
Halliburton's performance hinges on global oilfield activity and its ability to secure international contracts. Investors should monitor these key metrics to gauge operational strength and growth potential.
North America Revenue: Measures revenue generated from operations in the U.S. and Canada. Strong growth here indicates robust domestic drilling activity; a decline suggests market weakness. This is crucial as North America is a significant market for HAL's services.
International Revenue: Tracks revenue from operations outside North America. Increasing international revenue signals HAL's success in expanding its global footprint and securing new projects. This is vital for long-term growth and diversification.
Completion/Production Revenue: Represents income from services like well stimulation and cementing. Growth here reflects increased demand for production optimization services; a slowdown can signal reduced upstream investment. This segment is key to HAL's profitability.
Drilling/Evaluation Revenue: Measures income from services such as drilling fluids and well logging. Rising revenue indicates higher drilling activity; falling revenue suggests fewer new wells being drilled. This metric directly reflects the demand for HAL's core drilling support.
Operating Margin: Indicates profitability from core operations before interest and taxes. Expanding margins suggest HAL is efficiently managing costs and pricing power; contracting margins raise concerns. This is a direct measure of HAL's operational efficiency.
HAL Competitive Positioning
Halliburton Company (HAL) is tracked alongside these names in Oil & Gas Equipment & Services on DailyIQ.
HAL Recent Earnings History
- Q4 2025
EPS: $0.69 actual vs $0.55 estimate (beat) · Revenue: $5,657M actual vs $5,467M estimate
- Q3 2025
EPS: $0.58 actual vs $0.5 estimate (beat) · Revenue: $5,600M actual
- Q2 2025
EPS: $0.55 actual vs $0.55 estimate (miss) · Revenue: $5,510M actual
- Q1 2025
EPS: $0.6 actual vs $0.6 estimate (miss) · Revenue: $5,417M actual
- Q4 2024
EPS: $0.7 actual vs $0.7 estimate (beat) · Revenue: $5,610M actual
Analyst Price Targets for HAL
Here's where sell-side analysts stand on HAL right now, based on the latest ratings DailyIQ has tracked.
Reflects the most recently tracked analyst ratings for HAL and may lag real-time updates. Not a recommendation to buy or sell.
What Moves HAL Stock?
Halliburton's stock performance is primarily driven by global oil and gas exploration and production activity, alongside its strategic international expansion efforts.
Oilfield Services Demand
Halliburton's revenue and profitability are directly tied to the demand for its drilling, completion, and production services from energy companies. Higher commodity prices incentivize increased exploration and development, boosting the need for these services.
When oil and gas producers ramp up activity, Halliburton sees higher utilization rates and pricing power, which generally translates to stock price appreciation. Conversely, a slowdown in E&P spending can pressure its financial results and stock.
International Growth
The company is actively pursuing significant international expansion, evidenced by recent project wins with Saudi Aramco and a partnership with Indonesia's PT Pertamina. These initiatives focus on advanced technologies like hydraulic fracturing and AI tools.
Successful execution of these international contracts and ventures is crucial for Halliburton's long-term growth and market diversification. Positive developments in these areas can lead to increased revenue streams and enhance investor confidence, supporting the stock.
Earnings Performance
Halliburton's financial results, particularly its earnings per share (EPS) and revenue, are closely scrutinized by investors. Recent quarters have shown a trend of beating analyst estimates, indicating operational efficiency and strong demand.
Consistent earnings beats and stable revenue figures, especially within the $5.4 billion to $5.6 billion range, suggest the company is meeting or exceeding expectations. This positive performance can attract more investment and drive the stock higher.
Key insight: Global energy demand and Halliburton's strategic international expansion are the dominant forces shaping its stock. Investors are focused on the company's ability to capitalize on these trends through operational execution and technological innovation.
Frequently Asked Questions About HAL
Is Halliburton Company (HAL) stock a good investment opportunity?
Halliburton's investment appeal often centers on its critical role in the energy sector, providing essential services for oil and gas exploration and production. The company's performance is closely tied to global energy demand, commodity prices, and upstream spending by oil majors. Investors might consider its international expansion efforts and technological advancements as key growth drivers.
What drives Halliburton Company (HAL) stock price?
The stock price of Halliburton Company is primarily influenced by the price of crude oil and natural gas, as higher commodity prices typically lead to increased drilling activity and demand for their services. Factors like global energy policy, geopolitical events affecting supply, and the company's success in securing large contracts also play a significant role.
Does Halliburton Company (HAL) pay a dividend?
Yes, Halliburton Company does pay a dividend to its shareholders. The company has a history of returning capital to investors, though the dividend amount and payout frequency can be subject to change based on market conditions and the company's financial performance. Investors should review the latest dividend announcements and payout history for current details.
What are the risks of investing in Halliburton Company (HAL) stock?
Investing in Halliburton (HAL) carries risks inherent to the energy services sector. These include volatility in oil and gas prices, potential downturns in exploration and production spending, regulatory changes, environmental concerns, and intense competition. Geopolitical instability can also disrupt operations and impact demand for services.
How is Halliburton Company (HAL) performing in terms of earnings?
Halliburton's recent earnings reports indicate a mixed but generally positive trend, with several instances of beating analyst EPS estimates, particularly in Q3 and Q4 of 2025. While revenue has remained relatively stable, the company's ability to exceed earnings expectations suggests operational efficiency and effective cost management in the current market environment.
What is Halliburton Company's (HAL) valuation compared to its peers?
Halliburton's valuation, often assessed by metrics like its P/E ratio, should be compared against its direct competitors in the oilfield services industry. This comparison helps investors understand if HAL is trading at a premium or discount relative to similar companies, considering factors like growth prospects, profitability, and market share.
What is the investment thesis for Halliburton Company (HAL)?
The investment thesis for Halliburton (HAL) often revolves around its position as a leading global provider of energy services and its ability to capitalize on increased upstream investment. Its diversified service offerings, international presence, and focus on technological innovation, particularly in areas like AI tools, are key components supporting its long-term growth potential.
How does Halliburton Company (HAL) manage its capital allocation?
Halliburton's capital allocation strategy typically involves reinvesting in its business to support growth, paying dividends, and potentially engaging in share repurchases. The company's ability to generate free cash flow is crucial for funding these activities, and investors often look for a balance between operational investment and shareholder returns.
What are Halliburton Company's (HAL) growth strategies?
Halliburton's growth strategies include expanding its international operations, as evidenced by recent project wins and agreements in regions like Saudi Arabia and Indonesia. The company is also focused on deploying advanced technologies, including digital solutions and AI tools, to enhance efficiency and offer value-added services to its clients in the evolving energy landscape.
How is Halliburton Company (HAL) positioned for the energy transition?
While primarily serving traditional oil and gas, Halliburton is exploring opportunities within the energy transition by developing technologies that could support lower-carbon energy solutions or improve the efficiency of existing energy production. Its focus on digital transformation and advanced services may also position it to adapt to future industry shifts.
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