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Halliburton Co (HAL)

合理估值
EnergyOil & Gas Equipment & ServicesUnited States

基本面

63

价格

$31.80

市值

$27.09B

第一部分 · 这家公司值多少

概览

Halliburton Company provides products and services to the energy industry worldwide. It operates in 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, liner hanger systems, sand control systems, multilateral systems, and service tools. 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 consisting of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone 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.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月18日 with claude-haiku-4-5 — shared with all users

P/E: 18.4Score: 74Market cap: $56.87B

Baker Hughes competes head-on in drilling services, well construction, artificial lift and pressure pumping, selling to the same exploration and production operators in North America and the Middle East.

P/E: 15.5Score: 68Market cap: $5.64B

Weatherford offers the same portfolio of well completion, intervention, production and drilling services and bids on the same international tenders, especially in the Middle East and Latin America.

SLB N.V. (Schlumberger)SLB

SLB is the other full-line oilfield services major, bidding against Halliburton for the same drilling, evaluation and well-completion contracts from the same national and international oil companies worldwide.

Liberty Energy Inc.LBRT

Liberty is a pure-play North American pressure pumping and hydraulic fracturing provider, competing directly with Halliburton's largest business line for US shale operators' frac work.

ProPetro Holding Corp.PUMP

ProPetro sells hydraulic fracturing, wireline and cementing services to Permian Basin operators, the same customers and the same service lines Halliburton serves in that basin.

Calfrac Well Services Ltd.CFW

Calfrac provides fracturing, coiled tubing and cementing services in Canada, the United States and Argentina, overlapping with Halliburton's completion work in those same basins.

资产负债表与流动性

营收

$22.37B

最近12个月(截至2026/6/30)

净利润

$1.60B

最近12个月(截至2026/6/30)

自由现金流

$1.67B

股东权益合计

$10.46B

负债合计

$14.51B

流动比率

2.02

利息覆盖率

-

债务/EBITDA

2.41

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

周期性合理估值

公允价值

$37.28

当前价格

$31.80

安全边际

+14.7%

公允价值区间

$29.63 - $44.93

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$43.44
现金流折现法(DCF):不适用于此类公司
市盈率法(P/E):$22.80
格雷厄姆成长公式:不适用于此类公司
盈利能力价值(EPV):$27.13
合理市净率(P/B):不适用于此类公司
股息折现模型(戈登模型):不适用于此类公司
P/FFO(运营资金):不适用于此类公司
周期中段收益:$41.56
市销率法(P/S):不适用于此类公司
分析师共识:买入 (26B / 7H / 1S)
最近财报超预期:+1.20%

估值指标

市盈率(P/E)

16.74

ROE

12.3%

市净率(P/B)

2.41

P/FCF

15.36

毛利率

-

ROIC

10.1%

盈利能力雷达图

价值创造(经济护城河)

ROIC

10.1%

WACC

6.8%

ROIC − WACC

+3.3 pp

ROIC 超过资本成本:公司正在为股东创造价值。

基本面分析标准

通过(16)

  • ROIC 10.1%
  • P/FCF 15.36
  • P/B Ratio 2.41
  • Debt/Equity ratio
  • Operating Margin 11.4%
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 15.1%
  • Revenue Growth 5Y 9.0%
  • Analyst Consensus 76% Buy
  • Earnings Surprise avg 12.6%
  • Earnings Quality (OCF/NI) 1.72
  • Share Dilution -3.2%
  • Piotroski F-Score 5/9

未通过(8)

  • EPS shows upward trend
  • EPS CAGR -4.82%
  • Price CAGR -4.03%
  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Net Margin Trend 7.2% vs 8.4%

不可用(4)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Interest Coverage
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-评分

5/9

信号混杂:部分领域需关注

score
criteria

盈利质量

1.72

高质量:盈利有现金流支撑

股权稀释

-3.2%

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
Mr. Jeffrey Allen Miller CPAChairman of the Board, President & CEO61
Mr. Eric J. CarreExecutive VP & CFO58
Mr. Jeffrey Shannon SlocumExecutive VP, COO & Director52
Mr. Van H. Beckwith J.D.Executive VP, Secretary & Chief Legal Officer59
Ms. Stephanie S. HolzhauserSenior VP & Chief Accounting Officer45
Mr. Lawrence J. PopeExecutive VP & Chief Administrative Officer57
Mr. David ColemanSenior Director of Investor Relations-
Jill D. SharpSenior Vice President of Internal Assurance Services54
Ms. Summer CondarcoSenior VP and Chief Health, Safety & Environment (HSE) Officer-
Mr. Josh SearsSenior VP Halliburton Drilling & Evaluation Division-

审计风险

9

董事会风险

6

薪酬风险

1

股东权利风险

2

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-02-06

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-07-24

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-09-16

    查看文件

via SEC EDGAR

损益历史

via SEC EDGAR

Latest News

Recent headlines for HAL, sourced from Markets Gazette.

  • 4/21/2026POSITIVE
    Halliburton Says North America Is Recovering, Middle East Risk Manageable

    Halliburton Company's stock experienced a notable increase following the release of its latest earnings report, which surpassed analyst expectations. The company announced strong profit growth, indicating robust operational performance. Notably, Halliburton highlighted an early recovery in its North American operations, a key market, while also managing risks effectively in the Middle East. This dual positive outlook suggests resilience and strategic adaptability, potentially leading to upward revisions in future earnings forecasts and increased investor confidence.

  • 4/21/2026NEUTRAL
    Halliburton Q1 2026 Earnings Call: Complete Transcript

    Halliburton Company is scheduled to hold its Q1 2026 Earnings Call on April 21, 2026, at 2:21 PM UTC. The announcement of the earnings call itself, without any preliminary results or forward-looking statements, provides no immediate information regarding the company's financial performance or future prospects. Investors will await the actual earnings report and the subsequent call for details on revenue, profitability, and management's outlook. The date and time are informational, allowing stakeholders to prepare for the upcoming discussion.

  • 4/1/2026POSITIVE
    Halliburton Buys Sekal To Turbocharge Drilling Automation

    Halliburton Company has announced its acquisition of Sekal AS, a move poised to significantly enhance its capabilities in drilling automation. This strategic acquisition is expected to bolster Halliburton's position in optimizing well construction processes and improving safety standards within the oilfield services sector. The integration of Sekal's technology is anticipated to drive operational efficiencies and innovation, potentially leading to increased market share and profitability for Halliburton. Investors will be watching for the immediate impact on operational performance and the long-term competitive advantages this consolidation may bring.

  • 2/27/2026POSITIVE
    Venezuela Nixed Sale of Halliburton’s Assets at US Request

    Venezuela has canceled an auction for the sale of assets previously seized from Halliburton Co., a significant move following direct intervention from the Trump administration. This decision is viewed as an effort to pave the way for the return of U.S. oil companies to the South American country. For Halliburton investors, the news is clearly positive, as it suggests a potential reversal regarding asset losses and opens up the possibility of future resumption of operations in a key market. The U.S. diplomatic intervention underscores the strategic importance of Venezuela's energy sector and the commitment to protecting its companies' interests, providing a confidence boost for HAL stock.

  • 2/23/2026NEUTRAL
    Peering Into Halliburton Co's Recent Short Interest

    Investor attention is turning to Halliburton Co, with a focus on its recent short interest. This metric, which measures the number of shares sold short and not yet covered, is a crucial barometer of market sentiment. A significant increase could indicate growing pessimism among traders, who are betting on a future decline in the stock price. Conversely, a decrease in short interest can signal renewed confidence or the closing of bearish positions, potentially triggering a rally. In the absence of specific figures on the trend of this metric, the market remains in an observation phase. Analysts are awaiting more concrete data to correctly interpret investor expectations for the oilfield services giant and to anticipate potential shifts in volatility.

  • 2/23/2026POSITIVE
    Halliburton Lands Major Indonesia Deal To Revive Aging Oil Fields

    Halliburton has secured a major contract in Indonesia, entering into a strategic partnership with the state-owned energy company Pertamina. The agreement aims to revitalize the country's aging oil fields to enhance the national energy supply. Halliburton will provide its advanced technologies and established global expertise in the oilfield services sector. For investors, this news is decidedly positive: the contract not only secures a significant new revenue stream for Halliburton but also strengthens its strategic presence in the key Southeast Asian market. The deal confirms the company's technological leadership and its ability to win high-profile commissions, supporting growth prospects and the stock's valuation.

via Markets Gazette