HAL
HalliburtonNYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-05-08
As of May 8, 2026, HAL has a composite score of -8.0, indicating a mixed signal. This score is influenced by various factors, including a potential unfavorable scenario of a guidance cut and favorable scenarios related to a reversal in inflation and improvements in the energy sector trend. The confidence level is medium at 75.4, and the overall risk is categorized as moderate. This analysis is provisional.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)0.20
- Bonus0.00
Why this rank
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $0.53 → $0.54 (+1.8% / 30d). 12 raised, 4 cut, 21 covering analysts.
0 upgrades, 0 downgrades / 30d, 10 maintained. 70% of analysts rate Buy.
4 PT revisions / 30d. Avg target 9.0% above current price.
1 positive, 0 negative / 30d. See F4 management tile for the event list.
Market and fundamentals agree — analysts are positioned bullishly on a fundamentally strong name.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
5 material events in the last 24 months — top 5 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Focus on returns and capital disciplinecapital allocationmixed44% progress
4/21: “CEO: 'Our consistent focus on returns and capital discipline will drive long-term success.'”
Why this status
Newly stated in 2026-Q1. The financials show a net income of $461 million in 2026-Q1, compared to $204 million in 2025-Q1, indicating improved profitability. However, the revenue remained flat at $5.4 billion year-over-year, suggesting limited progress in revenue growth. The focus on returns and capital discipline is newly emphasized, with financials showing profitability improvement but stagnant revenue.
- 2.Repurchase sharescapital allocationmixed44% progress
4/21: “During the first quarter of 2026, Halliburton repurchased approximately $100 million of its common stock.”
Why this status
Newly stated in 2026-Q1. Halliburton repurchased approximately $100 million of its common stock in 2026-Q1, indicating a commitment to returning value to shareholders. This action aligns with the stated priority of capital discipline, though it is newly emphasized this quarter.
- 3.Launch new technologiesproductmixed65% progress
4/21: “Halliburton launched the HyperSteer MX directional drill bit and other technologies.”
Why this status
Newly stated in 2026-Q1. Halliburton introduced several new technologies, including the HyperSteer MX directional drill bit, to enhance operational efficiency. While these launches are promising, the financials do not yet reflect a significant impact on revenue growth, which remained flat at $5.4 billion year-over-year.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 33%; 252d 36%.
Drawdown — Max 1y −13%. Bad day move −3%.
Beta to sector ETF (XLE) — 0.08 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 40/100, drawdown 74/100, beta 8/100, earnings vol —.
Calm + bullish setup — clean pre-earnings positioning pattern.
via XLE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 2 guided quarters · 107.1% avg surprise
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Focus on returns and capital discipline
Capital allocationMaintain a consistent focus on returns and capital discipline to drive long-term success.
MixedNewly stated in 2026-Q1. The financials show a net income of $461 million in 2026-Q1, compared to $204 million in 2025-Q1, indicating improved profitability. However, the revenue remained flat at $5.4 billion year-over-year, suggesting limited progress in revenue growth. The focus on returns and capital discipline is newly emphasized, with financials showing profitability improvement but stagnant revenue.
44%CEO/CFO:“CEO: 'Our consistent focus on returns and capital discipline will drive long-term success.'”Press releaseSource dated 2026-04-21Stated 1 of last 8 quartersFirst seen 2026-04-21Show history (1)
- 2026-Q1Press release
“CEO: 'Our consistent focus on returns and capital discipline will drive long-term success.'”
- #2
Repurchase shares
Capital allocationContinue the share repurchase program to return value to shareholders.
MixedNewly stated in 2026-Q1. Halliburton repurchased approximately $100 million of its common stock in 2026-Q1, indicating a commitment to returning value to shareholders. This action aligns with the stated priority of capital discipline, though it is newly emphasized this quarter.
44%CEO/CFO:“During the first quarter of 2026, Halliburton repurchased approximately $100 million of its common stock.”Press releaseSource dated 2026-04-21Stated 1 of last 8 quartersFirst seen 2026-04-21Show history (1)
- 2026-Q1Press release
“During the first quarter of 2026, Halliburton repurchased approximately $100 million of its common stock.”
- #3
Launch new technologies
ProductIntroduce innovative technologies to enhance operational efficiency and market competitiveness.
MixedNewly stated in 2026-Q1. Halliburton introduced several new technologies, including the HyperSteer MX directional drill bit, to enhance operational efficiency. While these launches are promising, the financials do not yet reflect a significant impact on revenue growth, which remained flat at $5.4 billion year-over-year.
65%CEO/CFO:“Halliburton launched the HyperSteer MX directional drill bit and other technologies.”Press releaseSource dated 2026-04-21Stated 1 of last 8 quartersFirst seen 2026-04-21Show history (1)
- 2026-Q1Press release
“Halliburton launched the HyperSteer MX directional drill bit and other technologies.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Not enough peers to compare yet.
Richer than its own typical valuation.
P/E over the last 5 years
38 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
HAL Halliburton | -8.0 | expensive | moderate |
XOM ExxonMobil | +5.8 | expensive | moderate |
CVX Chevron Corporation | +3.0 | expensive | moderate |
COP ConocoPhillips | +8.0 | expensive | moderate |
WMB Williams Companies | +4.1 | fair | moderate |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If inflation state reverses from -0.34 (negative) to +0.34 (positive)+5.4 pts
- If energy sector trend rises from -0.03 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is raised (currently NEW as of 2025-01-22)+4.0 pts
- If next-quarter guidance is cut (currently NEW as of 2025-01-22)-8.0 pts
- If energy sector trend falls from -0.03 into 'weakening' (<= -0.20)-5.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-2117d agoItem 2.02
The press release will be published on the Company’s website at www.halliburton.com . The Company’s press release announcing its results for the quarter ended March 31, 2026 and information to be discussed on the conference call contain certain non-GAAP financial measures (as defined under the Securities and Exchange Commission’s Regulation G). Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or i…
earnings preannouncementpositivescore 48 - 2026-02-112mo agoItem 5.02
of the December 2, 2025 Form 8-K is hereby incorporated by reference. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HALLIBURTON COMPANY Date: February 11, 2026 By: /s/ Pamela L. Taylor Pamela L. Taylor Vice President, Public Law and Assistant Secretary
executive changeneutralscore 8 - 2026-01-213mo agoItem 2.02
The press release will be published on the Company’s website at www.halliburton.com . The Company’s press release announcing its results for the quarter ended December 31, 2025 and information to be discussed on the conference call contain certain non-GAAP financial measures (as defined under the Securities and Exchange Commission’s Regulation G). Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes o…
earnings preannouncementpositivescore 6 - 2026-01-143mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . On January 13, 2026, Halliburton’s Board of Directors appointed Michael Casey Maxwell as President, Western Hemisphere of Halliburton, effective February 1, 2026. Mr. Maxwell, age 44, most recently served as Senior Vice President, North America Land since July 2024. Prior to that he served as Vice President, Argentina from July 2023 to June 2024,…
executive changeneutralscore 4 - 2025-12-025mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . Election of Directors On December 2, 2025, the Board of Directors (the “Board”) of Halliburton Company (“Halliburton”) increased the size of the Board from 11 to 12 directors and appointed Timothy A. Leach as a member of the Board, with an initial term beginning immediately and expiring at Halliburton’s 2026 Annual Meeting of Shareholders, or unti…
executive changeneutralscore 2
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.