Halliburton Stock Forecast Today12-Month Stock Price Forecast:$37.3745.23% Upside Moderate BuyBased on 20 Analyst RatingsCurrent Price$25.73High Forecast$45.00Average Forecast$37.37Low Forecast$29.00Halliburton Stock Forecast DetailsHalliburton NYSE: HAL is a good buy for many reasons, but several stand out for 2025, including improving market sentiment, cash flow, and capital return. This is a look at five of them and what they mean for the share price. The bottom line is that the oilfield services company ...

Company Performance - Halliburton's stock closed at $25.70, reflecting a slight increase of +0.04% from the previous trading day, outperforming the S&P 500 which fell by 1.12% [1] - Over the past month, Halliburton's stock has decreased by 2.06%, underperforming the Oils-Energy sector's gain of 3.39% and the S&P 500's loss of 2.91% [2] Upcoming Earnings - Halliburton is set to release its earnings report on April 22, 2025, with an expected EPS of $0.61, representing a decline of 19.74% from the same quarter last year [3] - The consensus estimate for revenue is $5.26 billion, indicating a 9.29% decrease compared to the previous year [3] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.63 per share and revenue of $22.28 billion, reflecting changes of -12.04% and -2.89% respectively from the prior year [4] - Recent adjustments to analyst estimates may indicate shifting business dynamics, with positive changes suggesting analyst optimism regarding Halliburton's profitability [4] Valuation Metrics - Halliburton currently has a Forward P/E ratio of 9.75, which is lower than the industry average Forward P/E of 15.06, indicating a potential undervaluation [7] - The company has a PEG ratio of 3.61, compared to the industry average PEG ratio of 1.68, suggesting that Halliburton's expected earnings growth is not being fully reflected in its stock price [8] Industry Context - Halliburton operates within the Oil and Gas - Field Services industry, which ranks in the bottom 33% of all industries according to the Zacks Industry Rank [9] - The Zacks Industry Rank evaluates the performance of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]

U.S. oilfield service giant Halliburton Company (HAL) has had a rough ride over the past year, tumbling more than 34% and underperforming the Zacks Oil and Gas Field Services industry, which lost 11.4%, and rival SLB (SLB) , which is down 24.5%. The culprit? Halliburton’s heavy reliance on North America, a region facing softening drilling activity and pricing pressure. More than 40% of Halliburton’s revenues come from North America — far more than SLB’s 20% and Baker Hughes’ (BKR) 25% — leaving it more vuln ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Halliburton (HAL) .Halliburton currently has an average brokerage ...

Company Performance - Halliburton's stock closed at $24.19, reflecting a +0.17% change, which underperformed compared to the S&P 500's gain of 1.12% on the same day [1] - Over the past month, Halliburton's shares have decreased by 8.31%, which is worse than the Oils-Energy sector's loss of 5.86% and the S&P 500's loss of 4.13% [1] Earnings Projections - Halliburton is expected to report earnings of $0.61 per share, indicating a year-over-year decline of 19.74% [2] - The consensus estimate for revenue is projected at $5.27 billion, reflecting a 9.27% decrease from the same quarter last year [2] - For the full year, earnings are projected at $2.64 per share and revenue at $22.28 billion, representing declines of -11.71% and -2.88% respectively from the previous year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Halliburton suggest a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system currently rates Halliburton at 4 (Sell), with a downward shift of 1.43% in the consensus EPS estimate over the past month [6] Valuation Metrics - Halliburton is trading with a Forward P/E ratio of 9.16, which is lower than the industry's average Forward P/E of 13.27 [7] - The company has a PEG ratio of 3.39, compared to the Oil and Gas - Field Services industry's average PEG ratio of 1.49 [7] Industry Context - The Oil and Gas - Field Services industry, which includes Halliburton, holds a Zacks Industry Rank of 147, placing it in the bottom 42% of over 250 industries [8]

Halliburton Company (HAL) and Sekal AS recently made a technology breakthrough in upstream oil operations by deploying the world’s first automated on-bottom drilling system. The automation breakthrough was achieved by integrating Halliburton’s LOGIX™ automation, Sekal’s DrillTronics® and an advanced rig automation control system that allows real-time drilling optimization with the push of a button. By leveraging real-time models of subsurface conditions and fluid dynamics, the system ensures precise well pl ...

Halliburton Company (HAL) , a global leader in oilfield technology, has made a breakthrough in well safety and efficiency services by introducing the EcoStar® electric tubing-retrievable safety valve (eTRSV) technology. This second-generation product followed the success of the industry’s first electric TRSV, which won the OTC Spotlight on New Technology Award in 2017.Halliburton has always been dedicated to the advancement of technological innovations and safety solutions that lead the way into the digital ...

Core Insights - Halliburton reported revenue of $5.61 billion for the quarter ended December 2024, a decrease of 2.3% year-over-year, with EPS at $0.70 compared to $0.86 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $5.64 billion, resulting in a surprise of -0.55%, while EPS met the consensus estimate [1] Revenue Breakdown - North America revenues were $2.21 billion, missing the average estimate of $2.24 billion, reflecting an 8.7% decline year-over-year [4] - Middle East/Asia revenues reached $1.65 billion, exceeding the average estimate of $1.62 billion, marking an 8.6% increase year-over-year [4] - Europe/Africa/CIS revenues were $795 million, surpassing the average estimate of $744.06 million, showing a 3.7% increase year-over-year [4] - Latin America revenues totaled $953 million, falling short of the average estimate of $1.05 billion, indicating a 7.5% decline year-over-year [4] Segment Performance - Drilling and Evaluation revenues were $2.43 billion, slightly above the average estimate of $2.42 billion, with a year-over-year change of +0.4% [4] - Completion and Production revenues were $3.18 billion, below the average estimate of $3.22 billion, reflecting a 4.2% decline year-over-year [4] - Operating income for Completion and Production was $629 million, slightly above the average estimate of $622.38 million [4] - Corporate and other reported an operating loss of $65 million, better than the average estimate of -$96.81 million [4] - Operating income for Drilling and Evaluation was $401 million, below the average estimate of $416.96 million [4] Stock Performance - Halliburton shares have returned -10.2% over the past month, contrasting with the Zacks S&P 500 composite's +3.9% change, indicating potential underperformance in the near term with a Zacks Rank 4 (Sell) [3]

Revenue and Financial Performance - Total revenue remained flat in 2024 compared to 2023, with international revenue increasing by 6% and North America revenue decreasing by 8%[16] - Approximately 40% of consolidated revenue in 2024 was derived from the United States, down from 44% in 2023[22] - The company returned $1.6 billion to shareholders through buybacks and dividends, consistent with its capital returns framework[16] - Capital expenditures were maintained at 6% of revenue, aligning with the target range of 5% - 6%[16] - The company aims to return at least 50% of annual free cash flow to shareholders through dividends and share repurchases, but this is subject to financial results and other factors[89] - The ability to declare dividends and repurchase shares is contingent on consistent free cash flow generation and available capital[90] Operational Efficiency and Safety - Operating margins for the Completion and Production segment were 20%, while the Drilling and Evaluation segment had 16% operating margins[16] - Total recordable incident rates improved to 0.24 in 2024 from 0.25 in 2023, indicating enhanced safety performance[37] - The company plans to continue driving efficiencies through the deployment of digital and automation technologies[16] - The company hired about 6,800 new employees in 2024, with a voluntary turnover rate of 8%[33] Market and Industry Risks - The demand for the company's services is sensitive to oil and natural gas prices, which are historically volatile and can significantly impact exploration and production activities[53] - Factors affecting oil and natural gas prices include supply and demand levels, OPEC+ production decisions, and governmental regulations[54] - The company’s business is dependent on capital spending by customers, and reductions in such spending could adversely affect its operations and financial condition[55] - Severe weather conditions could materially affect the company's operations, particularly in regions like Canada and the Gulf of Mexico[57] - Constraints in the supply of raw materials and electric power could adversely affect the company's business and consolidated results of operations[62] - Price increases from vendors for raw materials and transportation could have a material adverse effect if the company cannot pass these costs to customers[63] Regulatory and Compliance Challenges - Compliance with U.S. and international regulations is critical, as violations could materially affect the company's operations and financial condition[66] - The company is subject to complex and changing laws regarding import/export activities, which could lead to delays and penalties[69] - Future laws or regulations on hydraulic fracturing could make it more difficult to complete oil and gas wells, adversely impacting operations[73] - Liability for environmental cleanup costs could be substantial, affecting the company's financial condition[74] - Ongoing IRS audits regarding tax filings could result in adverse outcomes, impacting the company's financial results[81] Environmental and Technological Initiatives - The company expanded Halliburton Labs to a total of 38 participant and alumni organizations, focusing on sustainability and energy transition[16] - The company has invested considerable resources in developing hydraulic fracturing technologies, focusing on environmentally friendly options for hydraulic fracturing fluid additives[42] - The company has not faced any environmental liability claims related to hydraulic fracturing to date, although future obligations cannot be assured[44] Strategic Decisions and Acquisitions - A strategic decision was made to market a portion of the chemical business for sale in the third quarter of 2024[18] - Acquisitions and investments may not yield anticipated benefits and could present unforeseen risks, potentially impacting financial performance[95] Political and Economic Risks - The company is exposed to political and economic instability, particularly in regions such as the Middle East and North Africa, which could adversely affect operations and financial condition[84] - Risks include civil unrest, acts of terrorism, and currency fluctuations, which may lead to increased operational costs and disruptions in supply chains[85] - Changes in U.S. foreign trade policies could impose additional trade barriers and tariffs, adversely affecting the company's business[68] - Significant foreign currency exchange risks exist, particularly in countries with restricted cash repatriation, impacting the ability to convert profits into U.S. dollars[92] Management and Operational Risks - The company faces challenges in attracting and retaining technical personnel, which could increase costs and impair growth potential[65] - Integrated project management services may expose the company to additional risks, including cost overruns and delays due to reliance on third-party subcontractors[60] - The company faces challenges in managing joint ventures, where partner actions could adversely affect operations and financial outcomes[98] - The loss of significant customers or delays in payments could materially affect the company's financial results, as no single customer accounts for more than 10% of revenue[93][94] - The loss of key executive officers could have a material adverse effect on the company's operations and overall business[99] - Cybersecurity incidents pose a risk to the company's operations, with past incidents resulting in significant costs and operational disruptions[86]

Halliburton Company (HAL) hit a 52-week low of $25.16 on Friday, extending its year-long decline to nearly 21%. The stock has significantly underperformed both the Zacks Oil and Gas Field Services industry, which gained 9.9%, and its peer SLB (SLB) , which fell 10% over the same period. The reason? Halliburton’s heavy exposure to North America, a region facing pricing pressure and weaker drilling activity.HAL, SLB 1-Year Stock Performance Image Source: Zacks Investment ResearchUnlike SLB and Baker Hughes (B ...