Halliburton Co is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker HAL on the NYSE exchange.
Halliburton Co stock last closed at $37.71, up 1.84% from the previous day, and has decreased 0.48% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.06 percentage points. Halliburton Co stock is currently +35.45% from its 52-week low of $27.84, and -14% from its 52-week high of $43.85.
As of Dec 1, 2023, there are 895.05M shares of HAL outstanding. The market cap of HAL is $33.75B. In the past 24 hours, 6.67M HAL shares were traded.
You will need a brokerage account to access the NYSE market and buy HAL shares.
Based on our analysis, eToro is the best brokerage. eToro gives you:
Get $10 towards your purchase of shares by creating an account with eToro today.Open eToro Account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can invest in HAL stock today.
Now that you've created your account on one of the most highly reviewed stock trading apps, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing money into your brokerage account.
Once you have chosen the best place to buy Halliburton Co stock, it's important to research their stock prior to investing, so you can wrap your head around the risk as well as the upside.
WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on HAL's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge HAL's true value.
Using relative valuations metrics:
You can do more valuation research on HAL's stock here.
Out of 14 sell side analysts who give recommendations on HAL, the consensus analyst rating on Halliburton Co is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Luke Lemoine, a top 19% analyst from Piper Sandler maintains HAL with a strong buy rating and raises their HAL price target from $46.00 to $56.00, on Sep 11, 2023.
Piper Sandler's Luke Lemoine raised their price target on Halliburton Co (NYSE: HAL) by 21.7% from $46 to $56 on 2023/09/11. The analyst maintained their Strong Buy rating on the stock.
The analyst told investors their move was as part of a broader re-evaluation of their Oilfield services portfolio.
The outlook for the international and offshore oil service cycle "continues to be the best they have ever seen in 20 years," Lemoine said.
The combination of tight capacity, capital discipline, and a multi-year growth horizon is keeping the market tight, the analyst detailed, adding that "U.S. land rig count is still bottoming while land activity is expected to pick up."
Josh Silverstein, a top 26% analyst from UBS maintains HAL with a strong buy rating and raises their HAL price target from $49.00 to $52.00, on Aug 17, 2023.
Connor Lynagh, a bottom 8% analyst from Morgan Stanley reiterates HAL with a strong buy rating and maintains their HAL price target from $45.00 to $45.00, on Aug 1, 2023.
Abhishek Kumar, a top 29% analyst from HSBC maintains HAL with a strong buy rating and lowers their HAL price target from $57.00 to $50.00, on Jul 21, 2023.
Arun Jayaram, a top 10% analyst from JP Morgan maintains HAL with a strong buy rating and lowers their HAL price target from $50.00 to $45.00, on Jul 20, 2023.
You can dive deeper into what analysts are projecting on the Halliburton Co stock forecast page.
Last year, HAL earnings were $2.63B. In the past 5 year, HAL's earnings have increased by 74.71% per year. This was slower than the Oil & Gas Equipment & Services industry average of 259.71%.
Last year, HAL revenue was $22.86B. In the last 5 year, HAL's revenue has increased by -0.97% per year. This was slower than the Oil & Gas Equipment & Services industry average of 3.32%.
Find out more about HAL's earnings and revenue performance here.
In the last 12 months, executives and large shareholders at HAL have bought more shares than they have sold.
Van H. Beckwith, EVP Secretary and CLO of HAL, was the latest HAL insider to sell. They sold $214,700.00 worth of HAL shares on Oct 20, 2023.
Research more about who owns HAL shares here.
Halliburton Co pays a dividend of 1.59%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 2.23%. If you owned $1,000 worth of HAL stock, you would have received $15.91 in the past year.
Halliburton Co dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Halliburton Co dividend yield and history here.
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
You have two primary types of orders:
Click the Open Trade button and eToro will execute the order.
If you need more help with investing in stocks on eToro, watch the helpful video below:
Now that you own some shares in HAL, you'll want to stay up-to-date on your company.
Put HAL on a watchlist to see the latest developments about your HAL stock.
To reiterate, here are the 6 steps to buy Halliburton Co stock:
If you need a place to buy stocks, eToro is our recommended venue.Get Started with eToro Today
If you want to keep track of your new investment in Halliburton Co, get started below.
How much does it cost to buy one Halliburton Co share?
Is now a good time to buy Halliburton Co stock?
What is the best way to buy Halliburton Co stock?