HAL Halliburton Company
Halliburton Company (HAL) trend channel, buy level and 3-month target on Trade The Path. Sector: Energy. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Mid-channel, rising on both timeframes
Price is between the two trend lines. Nothing to act on yet.
The next few months are read from the last 9 months, the stretch whose swings the lines actually follow, because the last 12 months alone do not contain enough turns to fit reliably (48% against 80%). The last 12 months stay as context: rising, +75% a year. The target of US$43.25 is below the nearest ceiling (US$48.00), so it does not depend on a breakout. What would overturn this: a close below US$29.22 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 9 months read from
- US$29.22 – US$48.00 Rising channel, +24% a year
- 12 months
- US$32.32 – US$51.11 Rising channel, +75% a year
- Position in that channel
- 28% 0% at the floor, 100% at the ceiling
What broke this trend
- The fall
- -27% from US$42.7919 May 2026 → 29 July 2026
- Whose problem it was
- This companyno peer group to compare against
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 43%of what it lost
- What the record says
- 87% of 1097 comparable falls came back, typically in 68 days measured across every stock we hold history for, its peer group being too small
The trend broke in May 2026: price fell 27% from 42.79 to 31.20 by July 2026, and has regained 43% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. Falls like it have resolved: falls of about 27% here have come back to the old high 87% of the time (1097 comparable falls), typically in 68 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 43.25 within 62 days, reached 87% of the time in 1097 comparable falls — about 0.31% a day held.
The buy and sell prices below are priced off this recovery rather than off the channel: it is the better expected return per day held once each is charged for the odds of working.
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$34.51
last close · 16 Sept 2026
Channel buy is US$36.19; last close is the better price available now.
Our target
US$43.25
by 11 Nov 2026
Projected move
25.3%
gross, before costs
Last close is our buy — the best price available now.
The trend broke in May 2026: price fell 27% from 42.79 to 31.20 by July 2026, and has regained 43% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. Falls like it have resolved: falls of about 27% here have come back to the old high 87% of the time (1097 comparable falls), typically in 68 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 43.25 within 62 days, reached 87% of the time in 1097 comparable falls — about 0.31% a day held. The entry is today's price, not a dip level: the fall is behind it and the evidence measured is what these recoveries paid from here, so waiting for a lower entry would be waiting for something the record does not say is coming. Of 1097 comparable falls across every stock we hold history for, 87% were back at the old high within 68 days of the low, and the ones that got there gave up about 10% along the way — so expect to be underwater before it works. The target is the median level they regained, which is short of the old high of 42.79 because not all of them saw it again. It is a prediction and it is revised the same way any other is: if price loses its 50-day trend and stays below it, the recovery is treated as failed rather than delayed.
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 80%
- Fitted
- 10 Sept 2026
About Halliburton Company
Halliburton Company (HAL) is a global supplier of products and services tailored for the energy sector. Its operations are structured into two primary divisions: Completion and Production, and Drilling and Evaluation. The Completion and Production segment focuses on enhancing well output through techniques like stimulation and sand control. It provides cementing services for well integrity, including casing and bonding, alongside a range of specialized downhole completion tools such as intelligent well systems, liner hangers, and multilateral solutions. This segment also supports production with offerings like coiled tubing, hydraulic workover units, pumping, and nitrogen services, in addition to managing pipeline and process services from initial setup (pre-commissioning, commissioning) through ongoing maintenance and eventual retirement (decommissioning). Furthermore, it supplies electrical submersible pumps and delivers artificial lift solutions. The Drilling and Evaluation segment offers a comprehensive suite of drilling fluids, including systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services. It also provides chemicals and associated services for oilfield completion, production, and downstream water and process treatment. This division includes advanced drilling systems, wireline and perforating services encompassing open-hole logging and cased-hole slickline operations, and a variety of drill bits (e.g., roller cone, fixed cutter), hole enlargement tools, and coring services. Moreover, it leverages cloud-based digital services and artificial intelligence on an open architecture to deliver subsurface insights, streamline well construction, and optimize reservoir and production management. Specialized testing and subsea services are also offered for reservoir information analysis and optimization strategies, alongside project management and integrated asset management services. Founded in 1919, Halliburton Company maintains its headquarters in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- CEO
- Jeffrey Allen Miller
- Employees
- 46,000
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$31.01B
- Enterprise value
- —
- Beta
- 0.77
- Avg volume
- 11.56M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 21.46-43.59
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.