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Sohini Mondal

Halliburton Stock: Is Wall Street Bullish or Bearish?

Halliburton Company (HAL) is one of the largest oilfield service providers in the world. Valued at $32.33 billion by market cap, the Houston, Texas-based company offers a variety of equipment, maintenance, engineering, and construction services to the energy, industrial, and government sectors.

Shares of this leading oilfield services provider have underperformed the broader market over the past 52 weeks. HAL has gained 18.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 25.2%. In 2024, shares of HAL are down marginally, compared to the SPX's 10.4% gains on a YTD basis.

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