HAL
Halliburton Company Energy - Oilfield Services Investor Relations →
Halliburton Company (HAL) closed at $36.53 as of 2026-03-20, trading 21.1% above its 200-week moving average of $30.17. The stock moved further from the line this week, up from 11.7% last week. With a 14-week RSI of 74, HAL is in overbought territory.
A big jump in activity this week — 2.1x the usual volume, and the price went up. Significantly more people than usual decided to buy. This kind of surge, especially on a stock already below its 200-week average, can be an early sign that sentiment is shifting.
Over the past 2759 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 $30.7 billion, HAL is a large-cap stock. The company generates a free cash flow yield of 7.0%, which is healthy. Return on equity stands at 12.3%. The stock trades at 2.9x book value.
The company has been aggressively buying back shares, reducing its share count by 7.5% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in HAL would have grown to $924, compared to $2683 for the S&P 500. HAL has returned 6.9% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 10.7% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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% | +1967.0% |
| May 1974 | Jun 1974 | 2 | 5.9% | +21.1% | +1944.8% |
| Jun 1974 | Oct 1974 | 17 | 23.5% | +33.5% | +1911.5% |
| Nov 1974 | Apr 1975 | 21 | 15.3% | +4.9% | +1983.5% |
| Oct 1975 | Dec 1975 | 8 | 5.8% | +36.8% | +1885.6% |
| Mar 1976 | Mar 1976 | 2 | 4.5% | +28.6% | +1960.8% |
| Jan 1982 | Aug 1983 | 82 | 50.7% | -14.2% | +808.0% |
| Aug 1983 | Jan 1987 | 175 | 37.2% | -23.3% | +758.8% |
| Oct 1987 | Jan 1988 | 14 | 14.2% | +17.1% | +1167.0% |
| Aug 1988 | Dec 1988 | 15 | 5.4% | +53.8% | +1037.9% |
| Jul 1991 | Jul 1991 | 1 | 1.6% | -19.1% | +700.7% |
| Sep 1991 | Mar 1993 | 79 | 37.4% | +3.4% | +690.1% |
| Mar 1993 | Apr 1993 | 1 | 0.5% | -15.9% | +647.6% |
| Sep 1993 | Sep 1993 | 2 | 4.0% | -12.4% | +646.3% |
| Oct 1993 | Jun 1994 | 36 | 17.8% | -7.4% | +648.9% |
| Aug 1994 | Oct 1994 | 12 | 11.6% | +31.9% | +693.5% |
| Aug 1998 | Sep 1998 | 4 | 6.8% | +62.4% | +279.6% |
| Sep 1998 | Oct 1998 | 3 | 14.1% | +42.9% | +292.5% |
| Nov 1998 | Mar 1999 | 15 | 13.8% | +30.5% | +264.1% |
| Oct 1999 | Oct 1999 | 2 | 6.8% | +30.3% | +227.5% |
| Nov 1999 | Nov 1999 | 1 | 3.6% | +7.2% | +214.2% |
| Dec 1999 | Dec 1999 | 2 | 6.1% | +6.5% | +218.9% |
| Jan 2000 | Feb 2000 | 5 | 10.9% | +15.2% | +211.1% |
| Oct 2000 | Feb 2001 | 15 | 17.3% | -23.5% | +198.5% |
| Feb 2001 | Feb 2001 | 1 | 4.0% | -57.6% | +178.3% |
| Mar 2001 | Apr 2001 | 6 | 16.9% | -56.5% | +180.6% |
| Jun 2001 | Jan 2004 | 133 | 72.9% | -57.6% | +178.7% |
| Sep 2008 | Jan 2010 | 66 | 56.4% | -2.2% | +82.5% |
| Jan 2010 | Mar 2010 | 5 | 8.4% | +52.0% | +63.9% |
| Mar 2010 | Mar 2010 | 2 | 4.0% | +46.5% | +56.5% |
| May 2010 | Aug 2010 | 17 | 23.6% | +71.5% | +73.5% |
| Sep 2011 | Oct 2011 | 2 | 6.6% | +14.4% | +48.5% |
| Nov 2011 | Nov 2011 | 1 | 2.8% | +2.0% | +47.9% |
| Dec 2011 | Dec 2011 | 1 | 2.7% | +6.3% | +47.7% |
| May 2012 | Jul 2012 | 10 | 11.0% | +52.9% | +56.3% |
| Nov 2012 | Nov 2012 | 3 | 5.5% | +83.1% | +52.2% |
| Nov 2014 | Mar 2015 | 18 | 14.4% | -5.7% | +7.9% |
| Jun 2015 | Jun 2016 | 50 | 33.4% | +3.8% | +4.3% |
| Jun 2016 | Jun 2016 | 1 | 0.5% | -4.1% | +0.4% |
| Jul 2016 | Sep 2016 | 10 | 8.2% | +2.8% | +0.7% |
| Apr 2017 | Dec 2017 | 34 | 15.7% | +17.1% | -4.9% |
| Jul 2018 | Oct 2021 | 168 | 86.0% | -43.5% | +2.3% |
| Oct 2021 | Jan 2022 | 10 | 11.6% | +45.7% | +59.7% |
| Sep 2024 | Sep 2024 | 4 | 7.3% | -20.6% | +33.7% |
| Oct 2024 | Nov 2024 | 5 | 9.1% | -19.1% | +34.1% |
| Dec 2024 | Jan 2026 | 57 | 36.5% | +1.7% | +32.0% |
| Average | 24 | — | +9.8% | — |
Frequently Asked Questions
Is HAL below its 200-week moving average?
No. Halliburton Company (HAL) is currently 21.1% above its 200-week moving average of $30.17. It would need to fall to $30.17 to cross below the line.
What is HAL's 200-week moving average price?
Halliburton Company's 200-week moving average is $30.17 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when HAL drops below its 200-week moving average?
HAL has crossed below its 200-week moving average 46 times in our data. On average, buying at that moment produced a one-year return of +9.8%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is HAL a good value right now?
Here's what our data says about HAL as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 74 (overbought). Free cash flow yield is 7.0%. Return on equity is 12.3%. Price-to-book is 2.9x. This is not a buy or sell recommendation — always do your own research.
How does HAL compare to the S&P 500?
Over the past 33.2 years, $100 invested in HAL would have grown to $924, compared to $2683 for the S&P 500. That's 6.9% annualized vs 10.4% for the index. HAL has underperformed the broader market over this period.
Does HAL pay a dividend?
Yes. Halliburton Company currently pays a dividend yield of 186.00%.
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 week of 2026-03-20