With a market cap of $18.1 billion, Halliburton Company (HAL) is one of the world’s largest providers of products and services to the energy industry. Operating through its Completion and Production, and Drilling and Evaluation segments, the company delivers a broad range of solutions for oilfield exploration, development, and production.
Shares of the Houston, Texas-based company have underperformed the broader market over the past 52 weeks. HAL stock has declined 31.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.1%. Moreover, shares of Halliburton are down nearly 22% on a YTD basis, compared to SPX's 7.9% gain.
