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
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 9.0% |
| Our one-year growth estimate | diamond | 4.0% |
Growth built into the price is above our model estimate.
The price assumes 5.0 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 32 industry peers
HAL — officer change
Dated 2026-02-11
The filing is a routine signature page and does not involve any management changes.
Why it matters: Strong growth in Latin America shows good market success. It can help offset weakness elsewhere.
Supportive ifRevenue growth in Latin America is over 15% compared to Q1 2026.
Worry ifRevenue growth in Latin America is below 10% compared to Q1 2026.
Why it matters: A bigger drop would show ongoing weakness in North America. It would also hurt margins.
Worry ifCompletion and Production revenue falls more than 3% compared to Q2 2025.
Less concerning ifCompletion and Production revenue drops less than 3% or grows year over year.
Why it matters: North America revenue shows that Halliburton has a strong core business. It also shows potential for recovery.
Watch forNorth America revenue shows growth greater than 4% year over year.
Also watch forNorth America revenue drops more than 4% year over year.
Why it matters: Halliburton's growth in other countries shows it can expand its market. It can take advantage of new chances.
Supportive ifInternational revenue grew by over 5%. This is more than Q2's $3.4 billion.
Worry ifInternational revenue growth was under 3%. This may show challenges in global markets.
Why it matters: The earnings report will show if Halliburton's recovery continues. Investors will look for revenue growth and profit margins.
Watch forQ2 revenue is over $5.5 billion. The operating margin is above 13%.
Also watch forQ2 revenue falls below $5.2 billion or operating margin drops below 12%.
Why it matters: More share repurchases show strong cash flow. It shows management cares about returning value.
Supportive ifShare repurchases were over $200 million in Q3.
Worry ifShare repurchases were below $100 million. This suggests possible cash flow problems.
Why it matters: New technology launches can boost growth and profits. This matches management's focus on innovation.
Watch forAnnouncement of at least two new technology launches during the earnings call.
Also watch forNo new technology launches were announced. This suggests a slower pace of innovation.
Why it matters: Share buybacks show strong money management. They show a commitment to giving value to shareholders.
Supportive ifThey announced more share buybacks over $100 million.
Worry ifNo new share buybacks or lower buyback amounts.
Why it matters: New technology launches help Halliburton grow. They also make it more competitive.
Supportive ifAt least one new technology is launched in Q3.
Worry ifNo new technology launches occur in Q3.
Why it matters: Revenue growth shows strong demand and good execution. This backs management's positive view.
Supportive ifQ3 revenue was over $5.8 billion, up from Q2's $5.7 billion.
Worry ifQ3 revenue fell below $5.7 billion. This hints at weaker demand or execution problems.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market and long-term interest rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$143 on $10,000 · ±1.4% | How much price usually moves either way. |
| Bad day | $322 loss on $10,000 · 3.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,743 loss on $10,000 · 27.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.