Halliburton
Market Cap
US$17.4b
Last Updated
2019/10/22 23:35 UTC
Data Sources
Company Financials +
Executive Summary
Halliburton Company provides a range of services and products to oil and natural gas companies worldwide.
Snowflake
Fundamentals
Solid track record established dividend payer.
Similar Companies
Share Price & News
How has Halliburton's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
6.4%
HAL
3.8%
US Energy Services
0.07%
US Market
1 Year Return
-44.1%
HAL
-39.4%
US Energy Services
8.9%
US Market
Return vs Industry: HAL matched the US Energy Services industry which returned -39.4% over the past year.
Return vs Market: HAL underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| HAL | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.4% | 3.8% | 0.07% |
| 30 Day | -2.6% | -7.2% | -0.3% |
| 90 Day | -16.4% | -15.6% | -1.6% |
| 1 Year | -42.4%-44.1% | -37.7%-39.4% | 11.3%8.9% |
| 3 Year | -55.7%-58.3% | -51.7%-57.7% | 46.3%36.8% |
| 5 Year | -58.8%-62.6% | -63.6%-69.0% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Halliburton's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
A Look At The Fair Value Of Halliburton Company (NYSE:HAL)3 weeks ago | Simply Wall St
Investors Who Bought Halliburton (NYSE:HAL) Shares Five Years Ago Are Now Down 69%Valuation
Is Halliburton undervalued compared to its fair value and its price relative to the market?
21.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HAL ($19.9) is trading below our estimate of fair value ($25.31)
Significantly Below Fair Value: HAL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HAL is poor value based on its PE Ratio (14.7x) compared to the Energy Services industry average (14.7x).
PE vs Market: HAL is good value based on its PE Ratio (14.7x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: HAL is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: HAL is overvalued based on its PB Ratio (1.8x) compared to the US Energy Services industry average (0.7x).
Next Steps
Future Growth
How is Halliburton forecast to perform in the next 1 to 3 years based on estimates from 28 analysts?
28.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAL's forecast earnings growth (28.2% per year) is above the savings rate (2.7%).
Earnings vs Market: HAL's earnings (28.2% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HAL's revenue (3.1% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: HAL's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HAL's Return on Equity is forecast to be low in 3 years time (12.9%).
Next Steps
Past Performance
How has Halliburton performed over the past 5 years?
0.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: HAL's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: HAL's earnings growth over the past year (534.2%) exceeds its 5-year average (0.7% per year).
Earnings vs Industry: HAL earnings growth over the past year (534.2%) exceeded the Energy Services industry -13.1%.
Return on Equity
High ROE: HAL's Return on Equity (12.2%) is considered low.
Return on Assets
ROA vs Industry: HAL has a higher Return on Assets than the Energy Services industry average last year.
Return on Capital Employed
ROCE Improving: HAL has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Halliburton's financial position?
Financial Position Analysis
Short Term Liabilities: HAL's short term assets ($11.2B) exceeds its short term liabilities ($4.7B)
Long Term Liabilities: HAL's short term assets (11.2B) do not cover its long term liabilities (12.3B)
Debt to Equity History and Analysis
Debt Level: HAL's debt to equity ratio (105.6%) is considered high
Reducing Debt: HAL's debt to equity ratio has increased from 50.3% to 105.6% over the past 5 years.
Debt Coverage: HAL's debt is well covered by operating cash flow (20.7%).
Interest Coverage: HAL's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
Inventory Level: HAL has a high level of physical assets or inventory.
Debt Coverage by Assets: HAL's debt is covered by short term assets (assets are 1.087940x debt).
Next Steps
Dividend
What is Halliburton's current dividend yield, its reliability and sustainability?
3.62%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: HAL's dividend (3.62%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: HAL's dividend (3.62%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stable Dividend: HAL's dividends per share have been stable in the past 10 years.
Growing Dividend: HAL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53%), HAL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HAL's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).
Next Steps
Management
What is the CEO of Halliburton's salary, the management and board of directors tenure and is there insider trading?
3.0yrs
Average management tenure
CEO
Jeff Miller (55yo)
2.3yrs
Tenure
US$23,078,364
Compensation
Mr. Jeffrey Allen Miller, also known as Jeff, has been the President of Halliburton Company since August 1, 2014 and its Chief Executive Officer since June 1, 2017. Mr. Miller serves as Chairman of the boa ...
CEO Compensation Analysis
Compensation vs. Market: Jeff's total compensation ($USD0.00) is too low to compare against companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.
Management Age and Tenure
3.0yrs
Average Tenure
57yo
Average Age
Experienced Management: HAL's management team is considered experienced (3 years average tenure).
Board Age and Tenure
4.8yrs
Average Tenure
66.5yo
Average Age
Experienced Board: HAL's board of directors are considered experienced (4.8 years average tenure).
Insider Trading
Insider Buying: HAL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 8,000 |
| Max Price | US$19.35 |
| Entity | Individual |
| Role | Chief Administrative Officer Executive VP of Administration & Chief Human Resources Officer |
| Shares | 2,000 |
| Max Price | US$46.84 |
Ownership Breakdown
Management Team
Lawrence Pope (51yo)
Executive VP of Administration & Chief Human Resources Officer
- Tenure: 11.8yrs
- Compensation: US$8.84m
Joe Rainey (62yo)
President of Eastern Hemisphere
- Tenure: 8.8yrs
- Compensation: US$14.00m
Jeff Miller (55yo)
President
- Tenure: 2.3yrs
- Compensation: US$23.08m
Myrtle Jones (59yo)
Senior Vice President of Tax
- Tenure: 6.6yrs
Robb Voyles (61yo)
Executive VP
- Tenure: 5.8yrs
- Compensation: US$8.85m
Eric Carre (52yo)
Executive Vice President of Global Business Lines
- Tenure: 3.4yrs
Jeffery Spalding
Senior VP & Deputy General Counsel
- Tenure: 0.6yrs
Lance Loeffler (42yo)
Executive VP & CFO
- Tenure: 0.9yrs
- Compensation: US$2.60m
Anne Beaty (62yo)
Senior Vice President of Finance
- Tenure: 2.6yrs
Mark Richard (57yo)
President of Western Hemisphere
- Tenure: 0.7yrs
Board Members
Murry Gerber (65yo)
Independent Director
- Tenure: 7.8yrs
- Compensation: US$417.54k
Milton Carroll (69yo)
Independent Director
- Tenure: 12.8yrs
- Compensation: US$346.28k
Alan Bennett (69yo)
Independent Director
- Tenure: 13.4yrs
- Compensation: US$483.83k
Nance Dicciani (71yo)
Independent Director
- Tenure: 10.3yrs
- Compensation: US$446.09k
Pat Hemingway Hall (66yo)
Independent Director
- Tenure: 0.7yrs
Bob Malone (67yo)
Lead Independent Director
- Tenure: 0yrs
- Compensation: US$441.79k
Bill Albrecht (67yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$301.27k
Abdulaziz Alkhayyal (65yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$308.40k
Jeff Miller (55yo)
President
- Tenure: 2.3yrs
- Compensation: US$23.08m
Kathy Banks (59yo)
Independent Director
- Tenure: 0.7yrs
Company Information
Halliburton Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Halliburton Company
- Ticker: HAL
- Exchange: NYSE
- Founded: 1919
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$17.431b
- Shares outstanding: 875.93m
- Website: https://www.halliburton.com
Number of Employees
Location
- Halliburton Company
- 3000 North Sam Houston Parkway East
- Houston
- Texas
- 77032
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HAL | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jan 1968 |
| HAL | SWX (SIX Swiss Exchange) | Yes | Common Shares | CH | CHF | Jan 1968 |
| HAL | XTRA (XETRA Trading Platform) | Yes | Common Shares | DE | EUR | Jan 1968 |
| HAL | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 1968 |
| HAL | SNSE (Santiago Stock Exchange) | Yes | Common Shares | CL | USD | Jan 1968 |
| HAL * | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Jan 1968 |
| 0R23 | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Jan 1968 |
| HAL | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | Jan 1968 |
| HALI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM SHS | BR | BRL | Aug 2012 |
Biography
Halliburton Company provides a range of services and products to oil and natural gas companies worldwide. The company’s Completion and Production segment offers production enhancement services, including s ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:35 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.