Stock of the Day

February 1, 2022

Halliburton (HAL)

$22.15
+$1.26 (+6.0%)
Market Cap: $17.96B

About Halliburton

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems. This segment also provides electrical submersible pumps, as well as artificial lift services; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning; and specialty chemicals and services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; drilling systems and services; wireline and perforating services consists of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.

Halliburton Bull Case

Here are some ways that investors could benefit from investing in Halliburton:

  • The current stock price is around $20.63, which may present a buying opportunity for investors looking for value in the oilfield services sector.
  • Halliburton reported earnings per share of $0.60, meeting analysts' expectations, indicating stable financial performance.
  • The company has a strong market capitalization of approximately $17.73 billion, reflecting its significant presence in the industry.
  • With a return on equity of 24.01%, Halliburton demonstrates effective management and profitability, which can attract investors seeking solid returns.
  • Institutional investors own a substantial 85.23% of Halliburton's stock, suggesting confidence in the company's future prospects.

Halliburton Bear Case

Investors should be bearish about investing in Halliburton for these reasons:

  • The stock has experienced significant volatility, with a 52-week high of $37.08 and a low of $18.72, indicating potential risks for investors.
  • Halliburton's price-to-earnings ratio of 8.63 may suggest that the stock is undervalued, but it could also indicate market skepticism about future growth.
  • The company has a debt-to-equity ratio of 0.69, which, while manageable, indicates that it is not entirely free from debt obligations that could impact financial flexibility.
  • Recent trading volumes have fluctuated, with the latest volume at 9,827,978 shares, which is below the average, potentially signaling reduced investor interest.
  • Analysts project a price-to-earnings growth ratio of 3.16, which may indicate that future earnings growth is expected to be slow relative to the current price.
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