Halliburton Competitors

HAL Stock

USD 29.60 0.18 0.61%

Halliburton competes with ProFrac Holding, Atlas Energy, Atlas Lithium, Dmc Global, and Now; as well as few others. The company runs under Energy Equipment & Services sector within Energy industry. Analyzing Halliburton competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Halliburton to its intrinsic valuation because they are able to contrast its competitors on a relative basis.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Halliburton competition on your existing holdings. Check out Halliburton Correlation with its peers.For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.

Halliburton Return on Average Assets are quite stable at the moment as compared to the past year. The company's current value of Return on Average Assets is estimated at 0.08. Return on Average Equity is expected to rise to 0.23 this year, although the value of Return on Investment will most likely fall to 14.27. Halliburton Total Assets Per Share are quite stable at the moment as compared to the past year. The company's current value of Total Assets Per Share is estimated at 30.65. Net Current Assets as percentage of Total Assets is expected to rise to 29.29 this year, although the value of Tax Assets will most likely fall to about 2.3 B.

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Halliburton's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Halliburton in the context of predictive analytics.

Hype

Prediction

Low	Estimated Value	High
26.66	29.32	31.98

Details

Intrinsic

Valuation

Low	Real Value	High
26.64	34.41	37.07

Details

Naive

Forecast

Low	Next Value	High
25.18	27.84	30.49

Details

15 Analysts

Consensus

Low	Target Price	High
45.00	50.63	58.00

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Halliburton. Your research has to be compared to or analyzed against Halliburton's peers to derive any actionable benefits. When done correctly, Halliburton's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Halliburton.

Halliburton Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Halliburton and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Halliburton and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Halliburton does not affect the price movement of the other competitor.

Related Correlations

	ACDC	AESI	ATLX	BOOM	DNOW
ACDC		-0.01	-0.66	-0.17	0.71	ACDC
AESI	-0.01		-0.2	-0.1	0.02	AESI
ATLX	-0.66	-0.2		0.31	-0.57	ATLX
BOOM	-0.17	-0.1	0.31		0.39	BOOM
DNOW	0.71	0.02	-0.57	0.39		DNOW
	ACDC	AESI	ATLX	BOOM	DNOW

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

Nowadays, there is a big difference between Halliburton Stock performing well and Halliburton company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Halliburton's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Information Ratio	Expected Shortfall	Potential Upside	Value At Risk	Maximum Drawdown
ACDC	3.47	(0.84)	0.00	(0.39)	0.00	(0.18)	0.00	6.64	(9.62)	27.03	ProFrac Holding Profile ProFrac Holding Dashboard Technical analysis Backtest News Timeline Analyst Consensus Fundamentals Trends
AESI	1.69	(0.36)	0.00	(0.79)	0.00	(0.17)	0.00	3.88	(3.37)	7.25	Atlas Energy Profile Atlas Energy Dashboard Technical analysis Backtest News Timeline Fundamentals Trends
ATLX	7.96	1.87	0.25	5.12	6.62	0.15	(11.70)	20.28	(12.35)	86.16	Atlas Lithium Profile Atlas Lithium Dashboard Technical analysis Backtest News Timeline Fundamentals Trends
BOOM	2.90	0.51	0.12	0.20	3.73	0.13	(2.90)	6.11	(5.48)	16.98	Dmc Global Profile Dmc Global Dashboard Technical analysis Backtest News Timeline Analyst Consensus Fundamentals Trends
DNOW	2.08	(0.17)	0.00	(0.11)	0.00	(0.07)	0.00	3.12	(4.69)	13.75	Now Profile Now Dashboard Technical analysis Backtest News Timeline Analyst Consensus Fundamentals Trends

Cross Equities Net Income Analysis

Compare Halliburton and related stocks such as ProFrac Holding Corp, Atlas Energy Solutions, Atlas Lithium, Dmc Global, and Now Inc Net Income Over Time

Select Fundamental

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

ACDC

(13.4 M)

(21.2 M)

(19.1 M)

(20.6 M)

AESI

(34.4 M)

4.3 M

217 M

234.1 M

ATLX

(179.2 K)

(2.2 M)

(3.4 M)

(1.9 M)

(1.6 M)

(1.7 M)

(1.9 M)

(1.1 M)

(2.8 M)

(2.5 M)

(2.7 M)

BOOM

10.8 M

6.5 M

2.6 M

(24 M)

(6.5 M)

(18.9 M)

30.5 M

34 M

(1.4 M)

(202 K)

12.2 M

13.2 M

DNOW

108 M

147 M

116 M

(502 M)

(234 M)

(52 M)

52 M

(97 M)

(427 M)

5 M

128 M

138.1 M

Halliburton and related stocks such as ProFrac Holding Corp, Atlas Energy Solutions, Atlas Lithium, Dmc Global, and Now Inc Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Halliburton financial statement analysis. It represents the amount of money remaining after all of Halliburton operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Halliburton Competitive Analysis

The better you understand Halliburton competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Halliburton's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Halliburton's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	HAL	ACDC	AESI	ATLX	BOOM	DNOW
	0.61 29.60 Halliburton	0.45 11.09 ProFrac	0.75 16.12 Atlas	0.31 16.27 Atlas	0.25 20.21 Dmc Global	2.02 10.59 Now
Market Volatility (90 Days Market Risk)	Very steady	Somewhat reliable	Out of control	Relatively risky	Not too volatile	Not too volatile
Market Performance (90 Days Performance)	Very Weak	Very Weak	Solid	OK	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	Quite High	Average	Close to Average	Below Average	Very Small
Current Valuation (Equity Enterprise Value)	Under Valued	Under Valued	Over Valued	Over Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Buy	Not Available	Strong Buy	Buy	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Hold	Hold	Hold	Strong Buy	Strong Hold
Number of Shares Shorted	23.08 M	2.12 M	N/A	263.5 K	563.1 K	1.39 M
Shares Owned by Insiders	0.36 %	57.30 %	N/A	14.96 %	5.05 %	1.47 %
Current Ratio	2.10 X	N/A	N/A	0.16 X	2.21 X	2.38 X
Net Asset	23.25 B	664.57 M	751 M	1.56 M	878.98 M	1.32 B
Profit Margin	0.08 %	0.07 %	N/A	N/A	0.0187 %	0.06 %
EBITDA	3.4 B	123.87 M	263.24 M	(2.48 M)	27.86 M	138.02 M
Operating Margin	0.15 %	0.19 %	N/A	(550.48) %	0.0461 %	0.07 %
Current Valuation	40.17 B	1.67 B	N/A	39.43 M	435.05 M	1.14 B
Cash Flow from Operations	2.24 B	43.94 M	206.01 M	(1.91 M)	44.94 K	N/A
Retained Earnings	15.21 B	N/A	N/A	N/A	102.57 M	(836.18 M)
Current Asset	5.56 B	N/A	N/A	N/A	16.58 M	1.29 B
Five Year Return	2.29 %	N/A	N/A	N/A	0.55 %	N/A
Beta	2.14	N/A	N/A	-2.46	1.61	1.61
Price to Book	4.36 X	N/A	N/A	33.40 X	0.86 X	1.73 X
Shares Outstanding	904.12 M	54.7 M	N/A	5.89 M	19.72 M	110.33 M
Annual Yield	0.0209 %	N/A	N/A	N/A	0.0201 %	N/A
Total Debt	7.93 B	269.77 M	126.59 M	14.79 K	117.8 M	26 M
Return On Equity	0.22 %	0.46 %	N/A	(2.68) %	0.0246 %	0.17 %
Price to Earning	18.84 X	N/A	N/A	N/A	265.05 X	12.79 X
Z Score	1.8	2.2	N/A	N/A	1.8	27.4
Shares Owned by Institutions	85.11 %	38.76 %	N/A	N/A	88.72 %	99.09 %
Return On Asset	0.08 %	0.16 %	N/A	(0.70) %	0.0216 %	0.08 %
Book Value Per Share	8.81 X	(28.72) X	N/A	0.24 X	19.48 X	7.63 X
Cash and Equivalents	2.35 B	N/A	N/A	444.23 K	11.82 M	232 M
Price to Earnings To Growth	0.93 X	N/A	N/A	N/A	0.55 X	N/A
Current Liabilities	3.27 B	N/A	N/A	N/A	8.38 M	307 M
Total Asset	23.25 B	664.57 M	751 M	1.56 M	878.98 M	1.32 B
Short Ratio	2.65 X	6.15 X	N/A	0.41 X	2.99 X	1.73 X
Target Price	49.32	31.67	N/A	18.0	35.0	15.33
Last Dividend Paid	0.48	N/A	N/A	N/A	N/A	N/A
Price to Sales	1.75 X	0.63 X	N/A	5,064 X	0.59 X	0.65 X
Market Capitalization	26.76 B	606.65 M	N/A	95.79 M	398.5 M	1.17 B
Cash per Share	2.18 X	N/A	N/A	N/A	0.61 X	2.09 X
Net Income	1.59 B	(43.54 M)	217.01 M	(4.03 M)	13.83 K	129 K
Earnings Per Share	1.66 X	0.17 X	N/A	(0.80) X	0.69 X	1.15 X
Debt to Equity	1.17 %	N/A	N/A	0.005 %	0.35 %	0.033 %
Revenue	20.3 B	768.35 M	482.72 M	10.23 K	654.09 M	2.14 B
Working Capital	2.29 B	N/A	N/A	N/A	8.19 M	985 M
Gross Profit	3.24 B	986.9 M	N/A	(235.58 K)	185.45 M	506 M
Coefficient Of Variation	(1,075)	(550.33)	(578.70)	692.47	804.61	(1,312)
Mean Deviation	2.18	3.47	1.69	7.96	2.9	2.08
Jensen Alpha	(0.22)	(0.84)	(0.36)	1.87	0.5056	(0.17)
Total Risk Alpha	(0.20)	(0.78)	(0.32)	2.19	0.546	(0.14)
Sortino Ratio	N/A	N/A	N/A	0.2533	0.1165	N/A
Downside Variance	N/A	N/A	N/A	55.54	16.73	N/A
Standard Deviation	2.74	4.9	2.11	12.98	3.72	2.63
Kurtosis	0.3286	2.47	(0.24)	8.42	0.0432	0.3295
Potential Upside	3.6	6.64	3.88	20.28	6.11	3.12
Treynor Ratio	(0.13)	(0.39)	(0.79)	5.12	0.2041	(0.11)
Maximum Drawdown	13.13	27.03	7.25	86.16	16.98	13.75
Variance	7.48	23.99	4.46	168.4	13.86	6.92
Market Risk Adjusted Performance	(0.12)	(0.38)	(0.78)	5.13	0.2141	(0.10)
Risk Adjusted Performance	(0.08)	(0.16)	(0.16)	0.1466	0.1257	(0.07)
Skewness	(0.68)	(1.05)	0.2055	2.27	(0.37)	(0.57)
Semi Deviation	N/A	N/A	N/A	6.62	3.73	N/A
Information Ratio	(0.09)	(0.18)	(0.17)	0.1455	0.128	(0.07)
Value At Risk	(4.63)	(9.62)	(3.37)	(12.35)	(5.48)	(4.69)
Expected Short fall	N/A	N/A	N/A	(11.70)	(2.90)	N/A
Downside Deviation	N/A	N/A	N/A	7.45	4.09	N/A
Semi Variance	N/A	N/A	N/A	43.82	13.95	N/A

Halliburton Competition Performance Charts

Five steps to successful analysis of Halliburton Competition

Halliburton's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Halliburton in relation to its competition. Halliburton's competition analysis typically involves several steps, including::

Identifying the key players in the market: This involves identifying the major competitors of Halliburton in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Halliburton's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Halliburton, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Halliburton position

In addition to having Halliburton in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Conservative

Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative theme has 39 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Conservative Theme or any other thematic opportunities.

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Check out Halliburton Correlation with its peers.For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide. Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Halliburton price analysis, check to measure Halliburton's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Halliburton is operating at the current time. Most of Halliburton's value examination focuses on studying past and present price action to predict the probability of Halliburton's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Halliburton's price. Additionally, you may evaluate how the addition of Halliburton to your portfolios can decrease your overall portfolio volatility.

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Is Halliburton's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Halliburton. If investors know Halliburton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.21)

Dividend Share

0.48

Earnings Share

1.66

Revenue Per Share

22.452

Quarterly Revenue Growth

0.305

The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine Halliburton value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Working Capital	Tangible Assets Book Value per Share
Tangible Asset Value	Sales per Share
Return on Sales	Return on Invested Capital
Return on Average Equity	Return on Average Assets
Price to Sales Ratio	Price Sales Damodaran Method
Price to Earnings Ratio	Price Earnings Damodaran Method
Price to Book Value	Payout Ratio
Profit Margin	Market Capitalization
Invested Capital Average	Invested Capital
Gross Margin	Foreign Currency to USD Exchange Rate
Free Cash Flow per Share	Free Cash Flow
Enterprise Value over EBITDA	Enterprise Value over EBIT
Enterprise Value	Average Equity
Earnings per Basic Share USD	Earnings per Diluted Share
Earnings per Basic Share	Earnings before Tax
Earnings Before Interest Taxes and Depreciation Amortization USD	EBITDA Margin
Earnings Before Interest Taxes and Depreciation Amortization EBITDA	Dividends per Basic Common Share
Dividend Yield	Debt to Equity Ratio
Current Ratio	Book Value per Share
Asset Turnover	Average Assets
Total Assets Per Share	Net Assets Per Share
Cash Flow Per Share	Revenue Per Employee
Net Income Per Employee	Return on Investment
Operating Margin	Calculated Tax Rate
Receivables Turnover	Inventory Turnover
PPandE Turnover	Cash and Equivalents Turnover
Accounts Payable Turnover	Accrued Expenses Turnover
Interest Coverage	Long Term Debt to Equity
Quick Ratio	Net Current Assets as percentage of Total Assets
Revenue to Assets

Halliburton Competitors

Specify up to 10 symbols:

Halliburton Competition Correlation Matrix

Related Correlations

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Halliburton and related stocks such as ProFrac Holding Corp, Atlas Energy Solutions, Atlas Lithium, Dmc Global, and Now Inc Net Income description

Halliburton Competitive Analysis

Halliburton Competition Performance Charts

Five steps to successful analysis of Halliburton Competition

Complement your Halliburton position

Did You Try This Idea?

Run Conservative Thematic Idea Now

Conservative

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