HAL
Halliburton Company Energy - Oilfield Services Investor Relations →
Halliburton Company (HAL) closed at $34.98 as of 2026-02-02, trading 15.4% above its 200-week moving average of $30.30. The stock moved further from the line this week, up from 10.6% last week. With a 14-week RSI of 78, HAL is in overbought territory.
Over the past 2753 weeks of data, HAL has crossed below its 200-week moving average 46 times. On average, these episodes lasted 24 weeks. Historically, investors who bought HAL at the start of these episodes saw an average one-year return of +9.8%.
With a market cap of $29.8 billion, HAL is a large-cap stock. The company generates a free cash flow yield of 6.9%, which is healthy. Return on equity stands at 12.3%. The stock trades at 2.8x book value.
Over the past 33.2 years, a hypothetical investment of $100 in HAL would have grown to $881, compared to $2849 for the S&P 500. HAL has returned 6.8% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 29.6% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: HAL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HAL Crosses Below the Line?
Across 36 historical episodes, buying HAL when it crossed below its 200-week moving average produced an average return of +9.5% after 12 months (median +7.0%), compared to +9.8% for the S&P 500 over the same periods. 53% of those episodes were profitable after one year. After 24 months, the average return was +11.3% vs +17.9% for the index.
Each line shows $100 invested at the moment HAL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HAL has crossed below its 200-week MA 46 times with an average 1-year return of +9.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1974 | Apr 1974 | 3 | 3.6% | +5.9% | +1869.8% |
| May 1974 | Jun 1974 | 2 | 5.9% | +21.1% | +1848.6% |
| Jun 1974 | Oct 1974 | 17 | 23.5% | +33.5% | +1816.9% |
| Nov 1974 | Apr 1975 | 21 | 15.3% | +4.9% | +1885.5% |
| Oct 1975 | Dec 1975 | 8 | 5.8% | +36.8% | +1792.1% |
| Mar 1976 | Mar 1976 | 2 | 4.5% | +28.6% | +1863.9% |
| Jan 1982 | Aug 1983 | 82 | 50.7% | -14.2% | +765.3% |
| Aug 1983 | Jan 1987 | 175 | 37.2% | -23.3% | +718.4% |
| Oct 1987 | Jan 1988 | 14 | 14.2% | +17.1% | +1107.4% |
| Aug 1988 | Dec 1988 | 15 | 5.4% | +53.8% | +984.4% |
| Jul 1991 | Jul 1991 | 1 | 1.6% | -19.1% | +663.1% |
| Sep 1991 | Mar 1993 | 79 | 37.4% | +3.4% | +652.9% |
| Mar 1993 | Apr 1993 | 1 | 0.5% | -15.9% | +612.4% |
| Sep 1993 | Sep 1993 | 2 | 4.0% | -12.4% | +611.2% |
| Oct 1993 | Jun 1994 | 36 | 17.8% | -7.4% | +613.7% |
| Aug 1994 | Oct 1994 | 12 | 11.6% | +31.9% | +656.2% |
| Aug 1998 | Sep 1998 | 4 | 6.8% | +62.4% | +261.7% |
| Sep 1998 | Oct 1998 | 3 | 14.1% | +42.9% | +274.1% |
| Nov 1998 | Mar 1999 | 15 | 13.8% | +30.5% | +247.0% |
| Oct 1999 | Oct 1999 | 2 | 6.8% | +30.3% | +212.1% |
| Nov 1999 | Nov 1999 | 1 | 3.6% | +7.2% | +199.5% |
| Dec 1999 | Dec 1999 | 2 | 6.1% | +6.5% | +203.9% |
| Jan 2000 | Feb 2000 | 5 | 10.9% | +15.2% | +196.4% |
| Oct 2000 | Feb 2001 | 15 | 17.3% | -23.5% | +184.5% |
| Feb 2001 | Feb 2001 | 1 | 4.0% | -57.6% | +165.2% |
| Mar 2001 | Apr 2001 | 6 | 16.9% | -56.5% | +167.4% |
| Jun 2001 | Jan 2004 | 133 | 72.9% | -57.6% | +165.6% |
| Sep 2008 | Jan 2010 | 66 | 56.4% | -2.2% | +73.9% |
| Jan 2010 | Mar 2010 | 5 | 8.4% | +52.0% | +56.2% |
| Mar 2010 | Mar 2010 | 2 | 4.0% | +46.5% | +49.1% |
| May 2010 | Aug 2010 | 17 | 23.6% | +71.5% | +65.3% |
| Sep 2011 | Oct 2011 | 2 | 6.6% | +14.4% | +41.5% |
| Nov 2011 | Nov 2011 | 1 | 2.8% | +2.0% | +40.9% |
| Dec 2011 | Dec 2011 | 1 | 2.7% | +6.3% | +40.7% |
| May 2012 | Jul 2012 | 10 | 11.0% | +52.9% | +49.0% |
| Nov 2012 | Nov 2012 | 3 | 5.5% | +83.1% | +45.1% |
| Nov 2014 | Mar 2015 | 18 | 14.4% | -5.7% | +2.8% |
| Jun 2015 | Jun 2016 | 50 | 33.4% | +3.8% | -0.6% |
| Jun 2016 | Jun 2016 | 1 | 0.5% | -4.1% | -4.3% |
| Jul 2016 | Sep 2016 | 10 | 8.2% | +2.8% | -4.1% |
| Apr 2017 | Dec 2017 | 34 | 15.7% | +17.1% | -9.4% |
| Jul 2018 | Oct 2021 | 168 | 86.0% | -43.5% | -2.5% |
| Oct 2021 | Jan 2022 | 10 | 11.6% | +45.7% | +52.2% |
| Sep 2024 | Sep 2024 | 4 | 7.3% | -20.6% | +27.4% |
| Oct 2024 | Nov 2024 | 5 | 9.1% | -19.1% | +27.8% |
| Dec 2024 | Jan 2026 | 57 | 36.5% | +1.7% | +25.8% |
| Average | 24 | — | +9.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02