Halliburton Competitors

Stocks . Germany . 
Stock . Halliburton
HAL Stock  EUR 30.33  0.33  1.08%   
Halliburton competes with Public Storage, Pure Storage, Hyrican Informationssyst, DOCDATA, and Xenia Hotels; as well as few others. The company classifies itself under Energy sector and is part of Oil & Gas Equipment & Services industry. Analyzing Halliburton competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Halliburton to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Halliburton Correlation with its peers.
For more detail on how to invest in Halliburton Stock please use our How to Invest in Halliburton guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Halliburton competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
27.9030.3332.76
Details
Intrinsic
Valuation
LowRealHigh
26.6829.1131.54
Details

Halliburton Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Halliburton and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Halliburton and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Halliburton does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ZGY
+ 0.69
0XHR
PUP0
+ 0.67
0XHR
PUP0
+ 0.64
ZGY
PUP0
+ 0.6
PUP
ZGY
+ 0.38
6PU
0XHR
+ 0.32
PUP
  
High negative correlations   
ZGY
- 0.74
DOC2
0XHR
- 0.59
DOC2
DOC2
- 0.56
HYI
HYI
- 0.42
PUP
PUP0
- 0.35
HYI
6PU
- 0.31
PUP

Risk-Adjusted Indicators

There is a big difference between Halliburton Stock performing well and Halliburton Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Halliburton's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Halliburton Competitive Analysis

The better you understand Halliburton competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Halliburton's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Halliburton's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
HAL PUP 6PU HYI DOC2 0XHR ZGY PUP0
 1.08 
 30.33 
Halliburton
 2.52 
 329.20 
Public
 3.33 
 51.52 
Pure
 0.00 
 5.30 
Hyrican
 2.33 
 0.42 
DOCDATA
 0.67 
 14.80 
Xenia
 0.29 
 80.12 
Fidelity
 0.61 
 16.60 
PUBLIC
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Slightly risky
Abnormally volatile
Not too volatile
Very steady
Very steady
Market Performance
(90 Days Performance)
Modest
Modest
Modest
Weak
Very Weak
Good
OK
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Below Average
Low
Low
Average
Below Average
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Buy
Strong Sell
Cautious Hold
Current Ratio
2.29 X
1.03 X
3.35 X
3.44 X
N/A
1.73 X
N/A
N/A
Net Asset
23.25 B
17.55 B
3.14 B
34.83 M
2.19 M
3.09 B
63.28 B
N/A
Profit Margin
0.08 %
1.03 %
0.01 %
0.05 %
N/A
(0) %
N/A
N/A
EBITDA
3.42 B
5.39 B
(15.25 M)
2.89 M
N/A
64.78 M
(12.21 B)
N/A
Operating Margin
0.15 %
0.52 %
0.02 %
0.07 %
N/A
0.11 %
N/A
N/A
Current Valuation
35 B
59.71 B
8.02 B
8.38 M
34.8 M
2.72 B
55.55 B
N/A
Price To Book
4.16 X
9.24 X
10.73 X
0.59 X
1.17 X
1.19 X
0.90 X
N/A
Five Year Return
2.44 %
3.08 %
N/A
N/A
N/A
N/A
N/A
N/A
Beta
2.14
0.43
1.23
0.5
N/A
1.53
N/A
N/A
Number Of Employees
45 K
5.9 K
4.9 K
53
N/A
34
N/A
5.9 K
Shares Outstanding
904.12 M
175.76 M
302.59 M
4.85 M
N/A
113.85 M
N/A
N/A
Cash Flow From Operations
2.24 B
3.12 B
410.13 M
N/A
N/A
40.76 M
3.94 B
N/A
Annual Yield
0.02 %
0.04 %
N/A
0.01 %
N/A
0.03 %
0.01 %
N/A
Total Debt
7.93 B
6.87 B
786.78 M
N/A
N/A
1.49 B
14.21 B
N/A
Return On Equity
0.22
0.45
0.0173
0.0753
N/A
-0.0013
N/A
N/A
Z Score
1.8
4.2
6.0
1.0
N/A
0.6
1.8
N/A
Return On Asset
0.0824
0.0784
0.01
0.0531
N/A
0.02
N/A
N/A
Book Value Per Share
8.81 X
32.66 X
2.78 X
5.91 X
N/A
12.63 X
N/A
N/A
Total Asset
23.25 B
17.55 B
3.14 B
34.83 M
2.19 M
3.09 B
63.28 B
N/A
Debt To Equity
1.95 %
22.10 %
78.30 %
N/A
N/A
64.20 %
N/A
N/A
Target Price
26.37
333.43
29.78
N/A
N/A
20.5
N/A
N/A
Last Dividend Paid
0.48
8.0
N/A
0.04
N/A
0.1
N/A
N/A
Shares Owned By Institutions
85.01 %
81.79 %
90.65 %
0.34 %
N/A
89.11 %
N/A
N/A
Market Capitalization
31.52 B
49.64 B
8.09 B
16.98 M
30.91 M
1.56 B
56.35 B
N/A
Price To Earning
15.88 X
26.30 X
N/A
66.05 X
N/A
13.77 X
N/A
N/A
Price To Earnings To Growth
0.89 X
2.73 X
4.66 X
N/A
N/A
N/A
0.69 X
N/A
Price To Sales
1.69 X
11.90 X
3.07 X
0.42 X
14.90 X
1.65 X
2.89 X
N/A
Net Income
1.57 B
4.35 B
(143.26 M)
2.09 M
N/A
(143.52 M)
(16.72 B)
N/A
Earnings Per Share
1.63 X
22.15 X
0.05 X
0.43 X
N/A
(0.02) X
N/A
N/A
Shares Owned By Insiders
0.26 %
13.48 %
5.91 %
N/A
N/A
0.71 %
N/A
N/A
Revenue
20.3 B
4.18 B
2.18 B
41.25 M
N/A
616.19 M
14.53 B
N/A
Cash And Equivalents
2.66 B
360.33 M
1.17 B
23.58 M
N/A
80.92 M
N/A
N/A
Cash Per Share
2.98 X
2.06 X
4.61 X
4.86 X
N/A
0.72 X
N/A
N/A
Gross Profit
3.24 B
3.19 B
1.47 B
6.39 M
N/A
128.1 M
N/A
N/A
Day Typical Price
30.36
328.9
51.38
5.3
0.42
14.8
80.21
16.53
Accumulation Distribution
1.31
0.0164
0.56
N/A
N/A
N/A
0.007
0.012
Market Facilitation Index
3.0E-4
0.15
0.0059
N/A
N/A
N/A
0.56
0.2
Daily Balance Of Power
(3.30)
9.0
4.04878
0.0
(9,223,372,036,855)
(9,223,372,036,855)
0.4107
0.5
Period Momentum Indicator
(0.33)
8.1
1.66
N/A
(0.01)
(0.10)
0.23
0.1
Rate Of Daily Change
0.99
1.03
1.03
1.0
0.98
0.99
1.0
1.01
Day Median Price
30.38
328.75
51.32
5.3
0.42
14.8
80.26
16.5
Price Action Indicator
(0.22)
4.5
1.04
N/A
(0.01)
(0.05)
(0.03)
0.15
Coefficient Of Variation
1608.33
1114.52
(3,525)
4227.62
(1,695)
603.13
643.1
1264.2
Mean Deviation
1.66
1.1
2.05
0.7936
2.23
1.58
0.778
0.8194
Jensen Alpha
(0.04)
0.1052
(0.12)
0.0939
(0.19)
0.2657
0.1633
0.065
Total Risk Alpha
(0.23)
(0.10)
(0.59)
(0.37)
(0.67)
0.0125
(0.01)
(0.09)
Sortino Ratio
0.0096
8.0E-4
N/A
N/A
N/A
0.1088
0.0354
(0.04)
Downside Variance
4.76
1.96
N/A
N/A
N/A
4.2
1.58
1.49
Standard Deviation
2.4
1.45
3.17
2.76
3.08
2.12
1.11
1.07
Kurtosis
3.77
0.3406
7.57
24.14
0.2834
0.7509
2.21
0.2428
Potential Upside
4.2
3.09
4.08
2.0
4.65
4.93
1.88
1.84
Treynor Ratio
0.0932
0.9765
(0.60)
(0.17)
47.87
0.5333
(116.49)
0.944
Maximum Drawdown
14.77
6.54
15.42
18.52
13.64
9.49
5.61
5.42
Variance
5.78
2.09
10.06
7.64
9.46
4.5
1.24
1.14
Market Risk Adjusted Performance
0.1032
0.9865
(0.59)
(0.16)
47.88
0.5433
(116.48)
0.954
Risk Adjusted Performance
0.0543
0.0733
(0.01)
0.0253
(0.04)
0.1331
0.122
0.0633
Skewness
0.9535
0.4189
(1.79)
2.09
(0.06)
0.4854
(0.39)
0.2018
Semi Deviation
1.98
1.28
N/A
N/A
N/A
1.49
1.02
0.8713
Information Ratio
0.0087
8.0E-4
(0.07)
(0.02)
(0.10)
0.1052
0.0399
(0.04)
Value At Risk
(3.32)
(2.18)
(6.25)
(0.96)
(6.12)
(3.01)
(1.99)
(1.79)
Expected Short fall
(1.80)
(1.13)
N/A
N/A
N/A
(2.15)
(0.79)
(1.05)
Downside Deviation
2.18
1.4
N/A
N/A
N/A
2.05
1.26
1.22
Semi Variance
3.9
1.63
N/A
N/A
N/A
2.21
1.03
0.7592

Halliburton Competition Performance Charts

Five steps to successful analysis of Halliburton Competition

Halliburton's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Halliburton in relation to its competition. Halliburton's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Halliburton in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Halliburton's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Halliburton, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Halliburton position

In addition to having Halliburton in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Additional Information and Resources on Investing in Halliburton Stock

When determining whether Halliburton is a strong investment it is important to analyze Halliburton's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports:
How To Invest In Halliburton
Details
Is Halliburton Stock a good investment?
Details
What is Halliburton's Net Worth?
Details
Largest Oil & Gas Equipment & Services Companies
View
Largest Energy Companies
View
Check out Halliburton Correlation with its peers.
For more detail on how to invest in Halliburton Stock please use our How to Invest in Halliburton guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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