Halliburton Stock Today

HAL Stock  USD 31.09  0.29  0.92%   

Performance

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Odds Of Distress

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Halliburton is selling for 31.09 as of the 31st of August 2024. This is a 0.92% down since the beginning of the trading day. The stock's lowest day price was 30.77. Halliburton has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on January 17, 2024, Senator Jerry Moran of US Senate acquired $15k to $50k worth of Halliburton's common stock.
Business Domain
Energy
IPO Date
1st of June 1972
Halliburton Company provides products and services to the energy industry worldwide. Halliburton Company was founded in 1919 and is based in Houston, Texas. Halliburton operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. The company has 882.83 M outstanding shares of which 25.7 M shares are currently shorted by investors with about 2.78 days to cover. More on Halliburton

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Halliburton Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanJeffrey Miller
Thematic Ideas
(View all Themes)
Old Names[HaloSource Corporation, Habib-ADM Limited]
Business ConcentrationOil & Gas Equipment & Services, Energy, NYSE Composite, SP 500 Index, Dow Jones Oil, PHLX Oil Service, NYSE 100 Index, NIFTY PSE, NIFTY 100, Climate Change, Petroleum and Natural Gas, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.230.9325
Significantly Up
Pretty Stable
Gross Profit Margin0.0960.1894
Way Down
Pretty Stable
Total Current Liabilities3.7 B5.6 B
Way Down
Slightly volatile
Non Current Liabilities TotalB9.6 B
Way Down
Slightly volatile
Total Assets16.5 B24.7 B
Way Down
Very volatile
Total Current Assets8.5 B11.5 B
Way Down
Very volatile
Debt Levels
Halliburton can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Halliburton's financial leverage. It provides some insight into what part of Halliburton's total assets is financed by creditors.
Liquidity
Halliburton has 8.81 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. Halliburton has a current ratio of 2.06, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Halliburton to invest in growth at high rates of return.

Change In Working Capital

(790.4 Million)
Halliburton (HAL) is traded on New York Stock Exchange in USA. It is located in 3000 North Sam Houston Parkway East, Houston, TX, United States, 77032 and employs 49,000 people. Halliburton is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 27.7 B. Halliburton runs under Energy Equipment & Services sector within Energy industry. The entity has 882.83 M outstanding shares of which 25.7 M shares are currently shorted by investors with about 2.78 days to cover. Halliburton has about 2.35 B in cash with 3.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.18.
Check Halliburton Probability Of Bankruptcy
Ownership Allocation
Halliburton has a total of 882.83 Million outstanding shares. The majority of Halliburton outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Halliburton to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Halliburton. Please pay attention to any change in the institutional holdings of Halliburton as this could imply that something significant has changed or is about to change at the company. Please note that on January 17, 2024, Senator Jerry Moran of US Senate acquired $15k to $50k worth of Halliburton's common stock.
Check Halliburton Ownership Details

Halliburton Stock Institutional Holders

InstituionRecorded OnShares
Boston Partners Global Investors, Inc2024-03-31
10.3 M
Dimensional Fund Advisors, Inc.2024-06-30
10.1 M
Wellington Management Company Llp2024-06-30
8.4 M
Northern Trust Corp2024-06-30
8.2 M
Legal & General Group Plc2024-06-30
7.7 M
Bank Of New York Mellon Corp2024-06-30
7.3 M
Fmr Inc2024-03-31
6.6 M
Amundi2024-03-31
6.4 M
Van Eck Associates Corporation2024-03-31
6.2 M
Capital World Investors2024-06-30
120.1 M
Vanguard Group Inc2024-06-30
103.6 M
View Halliburton Diagnostics

Halliburton Historical Income Statement

At this time, Halliburton's Net Income Applicable To Common Shares is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 2.8 B this year, although the value of Interest Expense will most likely fall to about 211.3 M. View More Fundamentals

Halliburton Stock Against Markets

Halliburton Corporate Directors

Abdulaziz KhayyalIndependent DirectorProfile
Patricia HallIndependent DirectorProfile
Robert MaloneLead Independent DirectorProfile
Alan BennettIndependent DirectorProfile

Additional Information and Resources on Investing in Halliburton Stock

When determining whether Halliburton is a strong investment it is important to analyze Halliburton's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
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Is Oil & Gas Equipment & Services space 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
0.182
Dividend Share
0.66
Earnings Share
2.98
Revenue Per Share
26.016
Quarterly Revenue Growth
0.006
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 if Halliburton is a good investment 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.