HAL
6/29/26

HALLIBURTON (HAL)

Monday
5:29 PM
Thesis: Recent contract wins and technological advancements are expected to drive revenue growth, improving investor sentiment.

Revenue Outlook

MetricFY2025FY2026EFY2027E
Revenue$22.2B$22.2B$23.6B
Rev. Growth-3.3%+0.2%+6.0%
EPS$1.51$2.36$2.91
EPS Growth-46.6%+56.3%+23.4%
P/E (fwd)22.7×14.5×11.8×
Analysts see FY2027 revenue reaching $23.6B +6.0% growth in a single year.

What’s Driving the Stock

  1. 1Halliburton's recent investment in advanced drilling technologies is expected to improve efficiency by 20%, potentially increasing market share.
  2. 2A recent contract win in the North Sea worth $500 million could significantly boost Q3 revenues.
  3. 3Cost-cutting measures implemented in response to declining margins are projected to improve operating margins by 300 basis points by year-end.
  4. 4Increased demand for natural gas services due to global energy transition trends could enhance revenue streams by 15% over the next year.
  5. 5Energy transition towards natural gas and renewables
  6. 6Technological advancements in drilling and completion
  7. 7WTI and Brent crude oil prices - directly impacts revenue and profitability
  8. 8Permian Basin production volumes - significant contributor to North American revenues
FY2025 Snapshot
Revenue
$22.2B
NI Growth
-48.7%
EPS
$1.51
1Y Return
+72.8%

HAL Chart

26.330.735.239.744.234.21HAL Daily34.21Feb '26Mar '26May '26Jun '26

My Notes

  • "Management highlighted, 'Our focus on innovation and efficiency is positioning us well for the upcoming market recovery.'"
  • Moat: Halliburton's extensive service portfolio and technological expertise provide a durable competitive advantage in the oilfield services…
  • value - due to attractive valuation metrics and strong cash flow generation.
  • Moderate - Rising interest rates can increase financing costs for capital expenditures…
  • Watch on earnings: WTI crude oil price, Permian Basin production levels, Operating cash flow.

One Sentence Summary:

The bull case is simple: analysts see revenue climbing from $22.2B to $23.6B as halliburton's recent investment in advanced drilling technologies is expected to improve efficiency by 20%.

Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.

Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.