Halliburton provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation. The company was founded in 1919 and is based in Houston, Texas.
HAL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Halliburton Co. To summarize, we found that Halliburton Co ranked in the 44th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 2.5%. The most interesting components of our discounted cash flow analysis for Halliburton Co ended up being:
Halliburton Co's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -8.23. This coverage rate is greater than that of merely 9.41% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 14. This value is greater than 65% stocks in the Energy sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CKH, SDPI, CRK, EPD, and RDS.A can be thought of as valuation peers to HAL, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
According to latest research " Well Intervention Market by Service (Logging & Bottomhole Survey, Tubing/Packer Failure & Repair, Stimulation, Artificial Lift), Type (Light, Medium, Heavy) Application (Onshore, Offshore) Well (Horizontal, Vertical) Region - Global Forecast to 2025", The well intervention
Source: Fuelfix Business activity practically ground to a halt after the knock effects of the coronavirus materialized in February. Shelter-in-place orders led to millions of Americans being stuck at home. Oil prices plummeted and Q2 GDP declined over 30%. Supply cuts from OPEC, Russia and certain U.S. oil drillers helped...
Shock Exchange on Seeking Alpha | September 20, 2020
Introduction On a rainy day, a few weeks back, I did some ruminating on the macro factors behind the extended price distress in oil that's been in force for the last half-decade. The objective of this investigation was to look for indicators that might suggest the start of an extended...
DUBLIN--(BUSINESS WIRE)--The "Demulsifier Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026" report has been added to ResearchAndMarkets.com's offering. This report presents the emerging market trends, factors driving the Demulsifier market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Demulsifier companies are shifting rapidly, forcing companies to carefully align their strengths in synchronizat
DUBLIN--(BUSINESS WIRE)--The "North America Fracking Chemicals Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The North America fracking chemicals market is expected to grow at a CAGR of approximately 8.77% during the forecast period Factors such as high active rig count, longer lateral lengths, increased number of frac stages per well, and the amount of fracking fluid used per frac stage are expected to drive the market. Moreov