HAL
Halliburton Company
Exchange: NYSESector: EnergyIndustry: Oil & Gas Equipment & Services
Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors, and experienced practitioners advance the future of energy faster. Halliburton Labs provides access to world-class facilities, a global business network, commercialization expertise, and financing opportunities to help participants scale their business. Visit the company's website at Halliburton Labs. Connect with Halliburton Labs on LinkedIn and Instagram. Halliburton Labs is a wholly owned subsidiary of Halliburton Company. SOURCE DISA Technologies, Inc.
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Trading 33% above its estimated fair value of $27.73.
Current Price
$41.66
-1.51%GoodMoat Value
$27.73
33.4% overvaluedProfile
Valuation (TTM)
Market Cap$34.89B
P/E22.66
EV$37.50B
P/B3.34
Shares Out837.55M
P/Sales1.57
Revenue$22.17B
EV/EBITDA11.63
Halliburton Company (HAL) Stock Analysis
GoodMoat Analysis
Halliburton is a major oilfield services provider with a strong competitive position in a cyclical industry. However, its current valuation appears elevated relative to its estimated fair value and recent growth profile, suggesting a cautious approach for value investors.
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Halliburton Company (HAL) is a leading provider of products and services to the global energy industry, specializing in exploration, development, and production of oil and natural gas. Applying the GoodMoat framework, the company demonstrates a moderate competitive moat, likely scoring points in areas like scale privilege, strategic partnerships, and niche dominance in complex services. However, its business is inherently tied to the capital expenditure cycles of its oil and gas clients, which introduces cyclicality and potential disruption risk from the energy transition.
From a valuation perspective, the stock currently trades at a P/E of 25.3x, which is high for a company with minimal recent revenue growth (0.8% YoY). The GoodMoat Target price of $27.73 suggests the stock is trading at a significant premium to its estimated intrinsic value. According to the Decision Framework, a stock must first pass the Moat & Quality Gate (Moat Score ≥ 5). While Halliburton likely meets this threshold, the subsequent Valuation & Risk Gate appears unfavourable. The current price implies a negative margin of safety relative to the target, placing it outside the 'Favourable' or even 'Marginal' bands. This, combined with the cyclical nature of the business, indicates the stock is priced for perfection in a volatile sector.
Analysis based on data as of 2024-05-15.
Market Cap$34.89B
Current Price$41.66
P/E Ratio22.66
Forward P/E—
PEG Ratio0.18
EPS$1.50
Book Value$12.49
P/B Ratio3.34
HAL Financial Charts
HAL 52-Week Range
$18.84
$42.30
50-Day MA: $37.33200-Day MA: $28.96
Did you know?
Trading 33% above its estimated fair value of $27.73.
Halliburton Company (HAL) Financial Summary
Halliburton Company (HAL) is a Energy company in the Oil & Gas Equipment & Services industry, listed on NYSE. The stock currently trades at $41.66 with a market capitalization of $34.89B.
Key valuation metrics include a P/E ratio of 22.66, price-to-book ratio of 3.34, and EPS of $1.50. The company reports a profit margin of 6.9% and return on equity of 14.7%.
HAL Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $34.89B |
| P/E Ratio | 22.66 |
| EPS | $1.50 |
| P/B Ratio | 3.34 |
| P/S Ratio | 1.57 |
| EV/EBITDA | 11.63 |
| Dividend Yield | 1.66% |
| Profit Margin | 6.9% |
| Return on Equity | 14.7% |
| Debt/Equity | 0.78 |
Halliburton Company (HAL) Valuation
Based on GoodMoat's DCF model, Halliburton Company has a fair value estimate of $27.73. At the current price of $41.66, the stock appears 50.3% overvalued relative to our intrinsic value estimate.
HAL Quality Indicators
Halliburton Company maintains a profit margin of 6.9% and an operating margin of 10.2%. Return on equity stands at 14.7%. The current ratio is 2.04. Debt-to-equity ratio is 0.78.
About Halliburton Company
Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors, and experienced practitioners advance the future of energy faster. Halliburton Labs provides access to world-class facilities, a global business network, commercialization expertise, and financing opportunities to help participants scale their business. Visit the company's website at Halliburton Labs. Connect with Halliburton Labs on LinkedIn and Instagram. Halliburton Labs is a wholly owned subsidiary of Halliburton Company. SOURCE DISA Technologies, Inc.
HAL Free Cash Flow
Halliburton Company generated $1.86B in trailing twelve-month free cash flow, representing an FCF yield of 5.32%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
HAL Shares Outstanding
Halliburton Company has 0.84 billion shares outstanding at a share price of $41.66, giving it a market capitalization of $34.89B.
HAL Recent Insider Trades
Recent insider transactions at Halliburton Company include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| McKeon Timothy (Senior VP and Treasurer) | SELL | 8,655 | $363510.00 |
| Young Tobi M. | SELL | 5,625 | $234675.00 |
| Miller Jeffrey Allen (Director, President & CEO) | SELL | 158,455 | $6.34M |