Halliburton Company (HAL), headquartered in Houston, Texas, delivers energy, engineering, and construction services and produces specialized products for the energy sector. With a market cap of $26.5 billion, Halliburton supports customers in the exploration, development, and production of oil and natural gas through a range of services, products, and integrated solutions (NGM24).
Shares of this leading oil & gas equipment and services provider have substantially underperformed the broader market over the past year. HAL has declined 21.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 35.5%. In 2024 alone, HAL stock is down 16.5%, while the SPX is up 25.5% on a YTD basis.
