Halliburton
Market Cap
US$18.3b
Last Updated
2021/01/16 23:22 UTC
Data Sources
Company Financials +
Executive Summary
Halliburton Company provides a range of services and products to oil and natural gas companies worldwide. More Details
Rewards
Risk Analysis
No risks detected for HAL from our risk checks.
Snowflake Analysis
Mediocre balance sheet with moderate growth potential.
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
Stable Share Price: HAL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: HAL's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
3.1%
HAL
2.0%
US Energy Services
-1.0%
US Market
1 Year Return
-13.4%
HAL
-26.9%
US Energy Services
19.6%
US Market
Return vs Industry: HAL exceeded the US Energy Services industry which returned -24.9% over the past year.
Return vs Market: HAL underperformed the US Market which returned 21% over the past year.
Shareholder returns
| HAL | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.1% | 2.0% | -1.0% |
| 30 Day | 3.3% | 9.3% | 2.2% |
| 90 Day | 69.3% | 73.7% | 11.5% |
| 1 Year | -11.7%-13.4% | -24.9%-26.9% | 22.3%19.6% |
| 3 Year | -58.0%-60.9% | -57.9%-61.2% | 45.3%35.7% |
| 5 Year | -23.8%-31.3% | -42.5%-52.7% | 124.8%99.8% |
Long-Term 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
1 week ago | Simply Wall St
Is Halliburton (NYSE:HAL) Using Too Much Debt?3 weeks ago | Simply Wall St
Calculating The Intrinsic Value Of Halliburton Company (NYSE:HAL)1 month ago | Simply Wall St
Our Take On Halliburton's (NYSE:HAL) CEO SalaryValuation
Is Halliburton undervalued compared to its fair value and its price relative to the market?
42.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HAL ($20.74) is trading below our estimate of fair value ($36.14)
Significantly Below Fair Value: HAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HAL is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: HAL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HAL is overvalued based on its PB Ratio (3.5x) compared to the US Energy Services industry average (0.9x).
Next Steps
Future Growth
How is Halliburton forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?
93.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: HAL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HAL's is expected to become profitable in the next 3 years.
Revenue vs Market: HAL's revenue (7.8% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: HAL's revenue (7.8% 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 (16.1%).
Next Steps
Past Performance
How has Halliburton performed over the past 5 years?
15.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAL is currently unprofitable.
Growing Profit Margin: HAL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HAL is unprofitable, but has reduced losses over the past 5 years at a rate of 15% per year.
Accelerating Growth: Unable to compare HAL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HAL is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-4%).
Return on Equity
High ROE: HAL has a negative Return on Equity (-83.97%), as it is currently unprofitable.
Next Steps
Financial Health
How is Halliburton's financial position?
Financial Position Analysis
Short Term Liabilities: HAL's short term assets ($9.0B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: HAL's short term assets ($9.0B) do not cover its long term liabilities ($11.7B).
Debt to Equity History and Analysis
Debt Level: HAL's debt to equity ratio (188.9%) is considered high.
Reducing Debt: HAL's debt to equity ratio has increased from 52% to 188.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HAL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HAL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.6% per year.
Next Steps
Dividend
What is Halliburton current dividend yield, its reliability and sustainability?
0.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HAL's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: HAL's dividend (0.87%) is low compared to the top 25% of dividend payers in the US market (3.84%).
Stability and Growth of Payments
Stable Dividend: HAL's dividend payments have been volatile in the past 10 years.
Growing Dividend: HAL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: HAL is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: HAL's dividends in 3 years are forecast to be thoroughly covered by earnings (12.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average management tenure
CEO
Jeff Miller (56 yo)
3.58yrs
Tenure
US$12,753,614
Compensation
Mr. Jeffrey Allen Miller, also known as Jeff, has been the President of Halliburton Company since August 1, 2014 and its Chief Executive Officer since June 1, 2017. Mr. Miller serves as Chairman of the boa...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD12.75M) is about average for companies of similar size in the US market ($USD10.54M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.58yrs | US$12.75m | 0.10% $ 18.5m | |
| Executive VP & CFO | 2.17yrs | US$2.01m | 0.017% $ 3.1m | |
| President of Eastern Hemisphere | 10yrs | US$8.13m | 0.040% $ 7.4m | |
| Executive Vice President of Global Business Lines | 4.67yrs | US$4.92m | 0.020% $ 3.6m | |
| President of Western Hemisphere | 1.92yrs | US$4.91m | 0.028% $ 5.2m | |
| Senior VP & Chief Accounting Officer | 1.08yrs | no data | 0.0066% $ 1.2m | |
| Director of Technology | no data | no data | no data | |
| Executive VP of Administration & Chief Human Resources Officer | 13yrs | US$8.84m | 0.034% $ 6.2m | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Executive VP | no data | no data | 0.026% $ 4.8m | |
| Senior Vice President of Tax | 7.83yrs | no data | 0.0090% $ 1.6m | |
| Senior VP & Deputy General Counsel | 1.83yrs | no data | no data |
3.6yrs
Average Tenure
54.5yo
Average Age
Experienced Management: HAL's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.58yrs | US$12.75m | 0.10% $ 18.5m | |
| Independent Director | 9yrs | US$312.04k | 0.066% $ 12.0m | |
| Independent Director | 14.08yrs | US$367.86k | 0.0023% $ 419.9k | |
| Independent Director | 14.67yrs | US$493.12k | 0.0031% $ 564.7k | |
| Independent Director | 11.5yrs | US$460.64k | 0.0031% $ 562.9k | |
| Independent Director | 1.92yrs | US$486.41k | 0.00031% $ 56.8k | |
| Lead Independent Director | no data | US$451.21k | 0.0048% $ 876.4k | |
| Independent Director | 4.5yrs | US$301.66k | 0.0018% $ 331.9k | |
| Independent Director | 6.08yrs | US$311.40k | no data | |
| Independent Director | 1.92yrs | US$373.91k | 0.00031% $ 56.8k |
6.1yrs
Average Tenure
67.5yo
Average Age
Experienced Board: HAL's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$18.334b
- Shares outstanding: 884.01m
- 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 |
| HAL | ETLX (Eurotlx) | Yes | Common Shares | IT | 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 | 2021/01/16 23:22 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.