HAL

HalliburtonNYSE · Oil & Gas Equipment & Services · Energy

Previous close

36.17

Change

+0.27 / +0.75%

FinDog View

Neutral

52-Week Range ?

24.92 – 43.59

P/E (TTM) ?

15.0

Forward P/E ?

12.0

Based on consensus earnings for the next 12 months

Market Cap

$29.9B

+13.74%

S&P 500 −0.91% over same period

Volume / Avg Volume

7.9M / 12.6M

0.63× average

Latest earnings analysisFY2026 Q3Reported 2026-10-20

Halliburton Q3 2026: adjusted EPS beats, revenue flat, cash flow thin

Halliburton beat on the bottom line while revenue stood still: adjusted EPS of $0.60 topped the $0.5899 consensus, and revenue of $5.70 billion was flat against the second quarter. The quality is mixed — GAAP profit fell to $0.50 a share on a $107 million severance charge, and free cash flow was only $156 million. Management's 2027 margin target is the real story.

Read the full analysis →

Revenue$5.70BYoY +1.80%

EPS (non-GAAP)$0.60Beatest. $0.59

Next-day move+1.85%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 18.71M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q3 Quarter ended 2026-09	2026-10-20	$5.7B	0.60 / 0.59	+1.85%	Read analysis →
FY2026 Q2 Quarter ended 2026-06	2026-07-21	$5.7B	0.55 / 0.54	−0.48%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-21	$5.4B	0.55 / 0.50	+2.52%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-01-21	$22.2B	0.69 / 0.55	+1.08%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-21	$5.6B	0.58 / 0.50	+4.24%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-22	$5.5B	0.55 / —	+2.71%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-22	$5.4B	0.60 / —	−0.43%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-01-19

in 79 days · After hours

Consensus EPS

$0.64

Last quarter EPS $0.60

Avg. next-day move over the last 7 reports

±1.9%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 61 of its 5-year rangeMid-range

5-year range 0.0 – 27.7 · Median 9.5

Last 4 quarters: $808M in buybacks + $569M in dividends, 4.61% of market cap combined

P/E (TTM)

15.0

P/B

2.7

P/S

1.3

Dividend Yield

1.68%

Earnings Reaction

Over the last 7 reports, the stock moved ±1.9% on average on the first trading day after, rising 5 times

Most recent +1.85%

Volatility & Correlation

1-year beta -0.10 · Correlation with S&P 500 -0.04Low beta

Annualized volatility 32% vs. 12% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 4 · $7.7MNet selling $7.7M

08-31Carre EricEVP & Chief Financial OfficerSell$0.93M24,777 shares · Avg price 37.50
08-19Slocum Jeffrey ShannonDirector, EVP and COOSell$1.8M52,572 shares · Avg price 35.09
08-18Miller Jeffrey AllenDirector, President & CEOSell$4.4M124,483 shares · Avg price 35.00
08-18Slocum Jeffrey ShannonDirector, EVP and COOSell$0.57M16,121 shares · Avg price 35.08

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	5.70	+1.8%	—	0.62	0.42	0.37	0.50
FY2026 Q2	5.71	+3.7%	—	0.78	0.53	0.82	0.64
FY2026 Q1	5.40	−0.3%	—	0.68	0.46	0.27	0.55
FY2025 Q4	5.66	+0.8%	—	0.75	0.59	1.17	—
FY2025 Q3	5.60	−1.7%	—	0.36	0.02	0.49	0.02
FY2025 Q2	5.51	−5.5%	—	0.73	0.47	0.90	0.55
FY2025 Q1	5.42	−6.7%	—	0.43	0.20	0.38	0.24
FY2024 Q4	5.61	−2.2%	—	0.93	0.62	1.46	—
FY2024 Q3	5.70	−1.8%	—	0.87	0.57	0.84	0.65
FY2024 Q2	5.83	+0.6%	—	1.03	0.71	1.08	0.80
FY2024 Q1	5.80	+2.2%	—	0.99	0.61	0.49	0.68
FY2023 Q4	5.74	+2.8%	—	1.06	0.66	1.41	—

Peers

Largest by market cap in the sector · Latest quarterView Energy sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
HAL	Halliburton	$29.9B	15.0	+1.8%	—	+13.74%	Neutral
XOM	ExxonMobil	$753B	22.6	+42.3%	—	+15.05%	Neutral	Compare
CVX	Chevron Corporation	$465B	22.6	+51.4%	45.5%	+15.33%	Bullish	Compare
COP	ConocoPhillips	$184B	19.7	+43.3%	62.9%	+23.08%	Bullish	Compare
MPC	Marathon Petroleum	$124B	14.2	+53.8%	17.2%	+12.47%	Neutral	Compare
VLO	Valero Energy	$121B	15.4	+43.3%	20.4%	+3.11%	Bullish	Compare
PSX	Phillips 66	$109B	15.0	+46.4%	19.2%	+10.78%	Bullish	Compare
WMB	Williams Companies	$87.7B	29.6	+0.0%	—	+9.39%	Neutral	Compare
EOG	EOG Resources	$86.6B	12.6	+57.4%	—	+20.17%	Bullish	Compare

The View in One Line

Q3 revenue $5.7B up only 1.8%, adjusted EPS $0.60 slight beat, but FCF weak; margin recovery not yet delivered, story rests on 2027.

Updated 2026-10-30

Notable Institutional Holders

Citadel Advisors · Ken Griffin$220MAdded +38%
Bridgewater Associates · Ray Dalio$54.0MAdded +5441%
Renaissance Technologies$20.9M

As of 2026-06-30

ETFs holding it

XLE Energy Select Sector SPDR Fund1.41%
MTUM iShares MSCI USA Momentum Factor ETF0.21%
RSP Invesco S&P 500 Equal Weight ETF0.17%
VYM Vanguard High Dividend Yield ETF0.12%
QUAL iShares MSCI USA Quality Factor ETF0.10%
VTV Vanguard Value ETF0.10%
SPY SPDR S&P 500 ETF Trust0.05%
VOO Vanguard S&P 500 ETF0.05%

Weights estimated at latest prices

Key Events

10-15Management Change
Halliburton Appoints David C. Hernandez to Board of Directors
On October 15, 2026, Halliburton appointed David C. Hernandez to its board, keeping 12 directors; he joins the Audit and HSE committees and receives 961 RSUs.Source ↗
09-16Management Change
Halliburton Elects Maurice S. Smith as Lead Independent Director
On September 15, 2026, Halliburton's independent directors elected Maurice S. Smith as Lead Independent Director, effective immediately, with an additional annual retainer of $40,000; Robert A. Malone continues as a director.Source ↗
06-29Management Change
Halliburton Director Al Khayyal Passes Away
Halliburton announced that Abdulaziz F. Al Khayyal, a director since 2014, died on June 24, 2026; his age was not disclosed.Source ↗
05-20Governance
Halliburton Annual Meeting Passes All Proposals
At the May 20, 2026 annual meeting, all directors were elected, KPMG was approved as 2026 auditor, and proposals on executive compensation and equity incentives were passed.Source ↗

Key Financial Trends

Quarterly Revenue ($B)5.7

Free Cash Flow ($B)0.4