(HAL) Halliburton - Overview
Stock: Cementing, Stimulation, Drilling Fluids, Wireline, Artificial Lift
| Risk 5d forecast | |
|---|---|
| Volatility | 34.6% |
| Relative Tail Risk | -4.72% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.78 |
| Alpha | 17.86 |
| Character TTM | |
|---|---|
| Beta | 1.241 |
| Beta Downside | 1.887 |
| Drawdowns 3y | |
|---|---|
| Max DD | 54.01% |
| CAGR/Max DD | 0.00 |
EPS (Earnings per Share)
Revenue
Description: HAL Halliburton February 13, 2026
Hallibur-prop (HAL) offers a full suite of oil-field products and services across two primary divisions: Completion & Production, which focuses on well-completion tooling, cementing, sand-control, artificial-lift and specialty chemicals; and Drilling & Evaluation, which provides drilling-fluid systems, drill-bit technology, wireline / perforating, as well as cloud-based digital and AI-driven subsurface analytics. The firm, founded in 191-19 and headquartered in Houston, services the global energy sector, targeting both upstream and mid-stream applications.
In the most recent quarter (Q1 2026, released January 2026), HAL generated $3.5 billion in revenue, a 10 % year-over-year gain, with earnings before interest and taxes of $560 million and an operating margin of 14 %. The company’s “Digital Services” line-encompassing its Open-Architecture platform-posted an 18 % period-over-period increase, reflecting heightened oil-field operators’ demand for real-time subsurface insight. As of the end of 2025, HAL’s dividend yield sat at approximately 1.2 % and its debt-to-equity ratio was 0.68, indicating a moderate balance-sheet position relative to peers.
Key drivers for HAL’s performance include the prevailing Brent-Crude average of roughly $80 per barrel and the forecast-ed $150 billion of global oil-industry capital-expenditure slated for 2025-26, which historically correlates with heightened demand for both the mechanical and digital services HAL offers. Additionally, the industry’s shift toward tighter sand-supply chains and increased reliance on automated well-construction is expected to benefit the firm’s sand-control and digital-services segments.
For a deeper dive on HAL’s valuation nuances, consider reviewing the detailed analysis on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 1.28b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -2.78 > 1.0 |
| NWC/Revenue: 26.19% < 20% (prev 27.60%; Δ -1.41% < -1%) |
| CFO/TA 0.12 > 3% & CFO 2.93b > Net Income 1.28b |
| Net Debt (5.93b) to EBITDA (3.30b): 1.79 < 3 |
| Current Ratio: 2.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (840.0m) vs 12m ago -4.87% < -2% |
| Gross Margin: 15.76% > 18% (prev 0.19%; Δ 1558 % > 0.5%) |
| Asset Turnover: 87.69% > 50% (prev 89.67%; Δ -1.98% > 0%) |
| Interest Coverage Ratio: 5.18 > 6 (EBITDA TTM 3.30b / Interest Expense TTM 418.0m) |
Altman Z'' 5.31
| A: 0.23 (Total Current Assets 11.40b - Total Current Liabilities 5.59b) / Total Assets 25.01b |
| B: 0.60 (Retained Earnings 15.04b / Total Assets 25.01b) |
| C: 0.09 (EBIT TTM 2.17b / Avg Total Assets 25.30b) |
| D: 1.19 (Book Value of Equity 17.33b / Total Liabilities 14.51b) |
| Altman-Z'' Score: 5.31 = AAA |
Beneish M -2.90
| DSRI: 1.00 (Receivables 4.94b/5.12b, Revenue 22.18b/22.94b) |
| GMI: 1.19 (GM 15.76% / 18.75%) |
| AQI: 1.07 (AQ_t 0.30 / AQ_t-1 0.28) |
| SGI: 0.97 (Revenue 22.18b / 22.94b) |
| TATA: -0.07 (NI 1.28b - CFO 2.93b) / TA 25.01b) |
| Beneish M-Score: -2.90 (Cap -4..+1) = A |
What is the price of HAL shares?
Over the past week, the price has changed by -2.92%, over one month by +4.14%, over three months by +26.48% and over the past year by +33.06%.
Is HAL a buy, sell or hold?
- StrongBuy: 12
- Buy: 8
- Hold: 9
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the HAL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 36 | 6.1% |
| Analysts Target Price | 36 | 6.1% |
| ValueRay Target Price | 36.4 | 7.1% |
HAL Fundamental Data Overview February 12, 2026
P/E Forward = 15.2905
P/S = 1.329
P/B = 2.8046
P/EG = 11.4241
Revenue TTM = 22.18b USD
EBIT TTM = 2.17b USD
EBITDA TTM = 3.30b USD
Long Term Debt = 7.16b USD (from longTermDebt, last quarter)
Short Term Debt = 263.0m USD (from shortTermDebt, last quarter)
Debt = 8.13b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.93b USD (from netDebt column, last quarter)
Enterprise Value = 35.41b USD (29.48b + Debt 8.13b - CCE 2.21b)
Interest Coverage Ratio = 5.18 (Ebit TTM 2.17b / Interest Expense TTM 418.0m)
EV/FCF = 21.18x (Enterprise Value 35.41b / FCF TTM 1.67b)
FCF Yield = 4.72% (FCF TTM 1.67b / Enterprise Value 35.41b)
FCF Margin = 7.54% (FCF TTM 1.67b / Revenue TTM 22.18b)
Net Margin = 5.78% (Net Income TTM 1.28b / Revenue TTM 22.18b)
Gross Margin = 15.76% ((Revenue TTM 22.18b - Cost of Revenue TTM 18.69b) / Revenue TTM)
Gross Margin QoQ = 16.56% (prev 15.39%)
Tobins Q-Ratio = 1.42 (Enterprise Value 35.41b / Total Assets 25.01b)
Interest Expense / Debt = 1.06% (Interest Expense 86.0m / Debt 8.13b)
Taxrate = 7.24% (46.0m / 635.0m)
NOPAT = 2.01b (EBIT 2.17b * (1 - 7.24%))
Current Ratio = 2.04 (Total Current Assets 11.40b / Total Current Liabilities 5.59b)
Debt / Equity = 0.78 (Debt 8.13b / totalStockholderEquity, last quarter 10.46b)
Debt / EBITDA = 1.79 (Net Debt 5.93b / EBITDA 3.30b)
Debt / FCF = 3.54 (Net Debt 5.93b / FCF TTM 1.67b)
Total Stockholder Equity = 10.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.07% (Net Income 1.28b / Total Assets 25.01b)
RoE = 12.36% (Net Income TTM 1.28b / Total Stockholder Equity 10.38b)
RoCE = 12.35% (EBIT 2.17b / Capital Employed (Equity 10.38b + L.T.Debt 7.16b))
RoIC = 11.27% (NOPAT 2.01b / Invested Capital 17.83b)
WACC = 8.43% (E(29.48b)/V(37.62b) * Re(10.49%) + D(8.13b)/V(37.62b) * Rd(1.06%) * (1-Tc(0.07)))
Discount Rate = 10.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.23%
[DCF Debug] Terminal Value 79.86% ; FCFF base≈1.97b ; Y1≈2.43b ; Y5≈4.14b
Fair Price DCF = 69.77 (EV 64.36b - Net Debt 5.93b = Equity 58.43b / Shares 837.5m; r=8.43% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 28.47 | EPS CAGR: 19.84% | SUE: 4.0 | # QB: 2
Revenue Correlation: 49.04 | Revenue CAGR: 7.70% | SUE: 2.01 | # QB: 4
EPS next Quarter (2026-03-31): EPS=0.51 | Chg30d=+0.007 | Revisions Net=+2 | Analysts=18
EPS current Year (2026-12-31): EPS=2.23 | Chg30d=+0.028 | Revisions Net=+3 | Growth EPS=-7.7% | Growth Revenue=-2.4%
EPS next Year (2027-12-31): EPS=2.69 | Chg30d=+0.028 | Revisions Net=+10 | Growth EPS=+20.3% | Growth Revenue=+3.8%