Halliburton Company (HAL)

Over the past six months, Halliburton Co. (HAL) stock has trended upwards by 71.10%, and over the past year, it has increased by 78.89%. In April 2026, Halliburton entered into a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production BV and Valaris to support asset development in Suriname. In April 2026, Halliburton acquired Sekal AS from Sumitomo Corporation to enhance its drilling automation services. In April 2026, Barclays lowered its price target on Halliburton to $29 from $30, while maintaining an "Equal Weight" rating. Capital One Financial raised its price target from $40.00 to $41.00 in April 2026, giving the company an "overweight" rating. JPMorgan Chase & Co. also increased its price objective from $35.00 to $40.00 in March 2026, with an "overweight" rating. Halliburton reported its Q4 2025 earnings on January 21, 2026, with an EPS of $0.69, exceeding analysts' expectations of $0.54. The company is expected to announce its Q1 2026 earnings on April 21, 2026.

The demand for Halliburton Co.'s products and services exhibits some seasonality due to its ties to the energy sector. The energy sector generally experiences a period of seasonal strength from January 21 to May 9. Historically, Halliburton's stock has shown a positive seasonal pattern, with a "Buy Date" around December 29 and a "Sell Date" around April 15, which has resulted in outperformance compared to the S&P 500 Total Return Index over the past 20 years. This suggests that demand for its services may see a seasonal uptick during these months.

Halliburton Co. is a global leader providing products and services to the energy industry, focusing on the upstream oil and natural gas sector. It is the world's second-largest oilfield services company, operating within the Energy sector and the Oil & Gas Equipment & Services industry. The company's business is structured around two main segments: Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers services such as production enhancement, cementing services, completion tools, electrical submersible pumps, artificial lift services, production solutions, pipeline and process services, and specialty chemicals and services. The Drilling and Evaluation segment provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, waste management services, drilling systems and services, wireline and perforating services, drill bits and services, cloud-based digital services, artificial intelligence solutions, integrated well construction, reservoir and production management, testing and subsea services, and project management and integrated asset management services. Halliburton is also recognized for pioneering techniques such as hydraulic fracturing.

Halliburton Co. maintains a significant global presence, with dual headquarters in Houston, Texas, and Dubai, UAE. Its operations span major energy-producing regions worldwide, supporting national oil companies, independent producers, and integrated energy firms. The company's infrastructure includes manufacturing facilities, research centers, logistics hubs, and field service locations distributed across various continents.

Halliburton has faced historical controversies, including its involvement with Dick Cheney, the Iraq War, the Deepwater Horizon incident, and illegal retaliation against a whistleblower. In March 2026, a report highlighted that new income tax disclosure rules revealed Halliburton's use of offshore holdings in tax havens, such as the Cayman Islands, to reduce its income tax expense by $29 million in the past year. This practice, involving booking $138 million of income in the Caymans, could negatively impact the company's brand reputation regarding its tax avoidance strategies.

Institutional investors hold a significant majority of Halliburton Co. (HAL) stock, owning approximately 87% to 89.34% of the company's shares. Major institutional owners include The Vanguard Group, Inc., Capital Research Global Investors, BlackRock Institutional Trust Company, N.A. (and BlackRock, Inc.), State Street Investment Management (US) (and State Street Corp), Charles Schwab Investment Management, Inc., Sanders Capital, LLC, Geode Capital Management, L.L.C., Morgan Stanley, Capital World Investors and Invesco Ltd. Individual investors and public companies hold a smaller stake, and insider trading activity in late 2025 showed several officers and directors selling shares.