Halliburton
About: Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.
Employees: 49,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
10% more repeat investments, than reductions
Existing positions increased: 354 | Existing positions reduced: 322
6% less funds holding
Funds holding: 957 [Q2] → 902 (-55) [Q3]
6.88% less ownership
Funds ownership: 89.8% [Q2] → 82.92% (-6.88%) [Q3]
21% less capital invested
Capital invested by funds: $26.9B [Q2] → $21.3B (-$5.53B) [Q3]
22% less call options, than puts
Call options by funds: $431M | Put options by funds: $552M
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
32% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 136
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
10%
upside
Avg. target
$36
21%
upside
High target
$41
37%
upside
10 analyst ratings
8 positive
80%
2 neutral
20%
0 negative
0%
Evercore ISI Group James West 50% 1-year accuracy 19 / 38 met price target | 17%upside $35 | Outperform Maintained | 15 Jan 2025 |
Jefferies Lloyd Byrne 68% 1-year accuracy 15 / 22 met price target | 37%upside $41 | Buy Maintained | 3 Jan 2025 |
JP Morgan Arun Jayaram 55% 1-year accuracy 17 / 31 met price target | 10%upside $33 | Overweight Maintained | 2 Jan 2025 |
Barclays David Anderson 43% 1-year accuracy 34 / 80 met price target | 10%upside $33 | Equal-Weight Downgraded | 18 Dec 2024 |
Wells Fargo Roger Read 40% 1-year accuracy 42 / 104 met price target | 14%upside $34 | Overweight Maintained | 17 Dec 2024 |
Financial journalist opinion
Based on 14 articles about HAL published over the past 30 days
Neutral
Zacks Investment Research
7 hours ago
HAL Nears Deal to Increase Production From Iraq's Nahr Bin Omar Field
Halliburton is expected to help Iraq increase its production from the Nahr Bin Omar field to 300,000 barrels per day (bpd) from its current 50,000 bpd.
Negative
Zacks Investment Research
3 days ago
Halliburton Q4 Earnings on Deck: Here's How It Will Fare
Weakness in North American activity is likely to have impacted the fourth-quarter earnings of Halliburton (HAL).
Neutral
Seeking Alpha
3 days ago
Halliburton Company Is Still A Value Play Despite Concerns Over Recent Weakness
Halliburton Company has faced a 17.7% stock decline since July 2024 despite trading cheaply and increasing oil and gas consumption. The Drilling and Evaluation segment showed revenue growth, but this was offset by declines in the Completion and Production segment. Despite mixed financial results, Halliburton's shares remain attractively priced, and future demand for its services is expected to rise.
Neutral
Zacks Investment Research
4 days ago
Countdown to Halliburton (HAL) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of Halliburton (HAL) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Positive
Reuters
4 days ago
Iraq to sign deal with Halliburton to develop Nahr Bin Omar oilfield - BOC manager
Iraq and U.S. oil services firm Halliburton are close to finalising an agreement to develop the Nahr Bin Omar oilfield, the head of Iraq's Basra Oil Company (BOC) told Reuters on Thursday.
Positive
Seeking Alpha
4 days ago
Halliburton: 9x Earnings Is Too Cheap, Long-Term Technical Support Ahead Of Earnings
The Energy sector has revived in 2025, with a rotation into oil & gas laggards, boosting shares of companies like Halliburton. I have a buy rating on HAL, citing its single-digit earnings multiple, key chart support, and potential for a post-earnings jump. Despite a disappointing Q3 2024, HAL's strong free cash flow and potential international growth make it a compelling long-term investment.
Positive
Seeking Alpha
5 days ago
Halliburton: Underrated Buybacks At A Good Price
Halliburton is a strong market player with a diversified portfolio and a global footprint, making it a solid investment at a PE ratio of 9. Despite recent revenue declines, HAL's buybacks, decent dividend yield, and optimistic oil prices suggest potential recovery and growth opportunities in 2025. HAL's balance sheet shows good near-term soundness, though high long-term debt remains a concern, with a forward PE ratio indicating undervaluation.
Negative
Zacks Investment Research
5 days ago
Earnings Preview: Halliburton (HAL) Q4 Earnings Expected to Decline
Halliburton (HAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Zacks Investment Research
1 week ago
Halliburton (HAL) Ascends While Market Falls: Some Facts to Note
Halliburton (HAL) closed at $27.75 in the latest trading session, marking a +0.33% move from the prior day.
Positive
Zacks Investment Research
1 week ago
Halliburton & Coterra Introduce Next-Gen Automated Fracturing Solution
HAL partners with Coterra Energy to introduce the Octiv Auto Frac service, automating hydraulic fracturing for enhanced efficiency and control across operations.
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