Halliburton (HAL)
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-04
$37.07-0.59%
Close 2026-09-04 · 1-day change
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · HAL
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-09-04.
The screen ranks HAL against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated strong grew net income 53% of the time over the next year (vs 58% for the rest of the cohort, n=1735).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 100% of the last 3 guided quarters · 71.4% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Maintain consistent focus on returns and capital discipline to drive long-term success and shareholder value.
Stated as a priority in 5 of last 5 quarters. Operating income grew from $679M in 2026-Q1 to $778M in 2026-Q2, revenue increased from $5.4B to $5.7B, and net income rose from $461M to $534M. Management consistently emphasizes capital discipline and returns, and the financial trajectory is delivering against this focus.
“I expect that our consistent focus on returns and capital discipline will drive long-term success for Halliburton and its shareholders.”
“I expect that our consistent focus on returns and capital discipline will drive long-term success for Halliburton and its shareholders.”
“I am confident in the outlook for our business and Halliburton's ability to deliver leading returns and capitalize on future growth opportunities.”
“We are committed to returning cash to shareholders, maintaining cost and capital discipline, and investing in differentiated technologies.”
“We remain fully committed to our shareholder returns framework.”
Continue returning cash to shareholders through share repurchases and dividend payments as part of capital allocation strategy.
Stated as a priority in 5 of last 5 quarters. Halliburton repurchased approximately $200M in shares and paid $0.17 per share dividends in 2026-Q2, continuing a pattern of quarterly repurchases and consistent dividend payments. Management has maintained this capital return focus, and the financial actions demonstrate delivery on this priority.
Develop and commercialize innovative technologies to enhance operational efficiency and customer value across global markets.
Stated as a priority in 5 of last 5 quarters. Management consistently emphasizes technology differentiation as a driver for growth and margin expansion. While specific financial metrics for technology launches are not quantified, revenue grew from $5.4B in 2026-Q1 to $5.7B in 2026-Q2, supporting the narrative of technology-enabled growth. The trajectory shows ongoing commitment with mixed but positive delivery.
“I expect our differentiated technology and value proposition set the stage for revenue growth and margin expansion.”
Grow international business through multi-year integrated well delivery contracts and expanded service offerings.
Stated as a priority in 4 of last 5 quarters. International revenue grew modestly from $3.3B in 2026-Q1 to $3.4B in 2026-Q2. Management highlights contract awards and a strong pipeline internationally. The trajectory shows delivery of incremental growth and sustained focus on expanding international integrated well delivery.
Introduce innovative technologies to enhance operational efficiency and market competitiveness.
Over the trailing year it converted 1.32x of net income into operating cash flow. Historically, Energy names rated fragile grew net income 36% of the time over the next year (vs 47% for the rest of the cohort, n=996).
Most sensitive to the broad stock market and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
8 material management or governance events in the past 24 months, led by executive changes. Historically, Energy names rated stable grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=627).
Not investment advice. As of 2026-09-04.
“During the second quarter of 2026, Halliburton repurchased approximately $200 million of its common stock and paid dividends of $0.17 per share.”
“During the first quarter of 2026, Halliburton repurchased approximately $100 million of its common stock and paid dividends of $0.17 per share.”
“Full year share repurchases of $1 billion and paid dividends of $0.17 per share.”
“Repurchased approximately $250 million of its common stock and paid dividends of $0.17 per share.”
“Repurchased approximately $250 million of its common stock and paid dividends of $0.17 per share.”
“I am excited by the strong adoption of our groundbreaking technologies.”
“Our technology is delivering and our growth engines are aligned with the evolution of the market.”
“We are committed to investing in differentiated technologies that drive long-term performance.”
“Technology and service execution are key to maximizing the value of assets.”
“In international markets, I am excited about Halliburton's contract awards and pipeline of future opportunities.”
“Our first quarter international tender activity was strong, Halliburton won meaningful integrated offshore work.”
“Halliburton's international business is strong. Our collaborative value proposition is winning.”
“In the international market, our value proposition is winning with customers.”