Halliburton's Trading Volume Drops to $173 Million, Ranking Below Schlumberger's $79.1 Billion Market Cap

On March 28, 2025, Halliburton's trading volume reached $173 million, marking a 31.59% decrease from the previous day. The stock closed at $25.07, down 1.07% for the day, extending its two-day losing streak with a total decline of 2.45%.

Halliburton's stock price has been influenced by several factors recently. The company's shares gained momentum as GE Aerospace began supplying components for the Light Combat Aircraft, contributing to a 26% increase in the stock's value over the past month. This development underscores the strategic importance of Halliburton's involvement in the aerospace sector and its potential to drive future growth.

Analysts have also provided insights into Halliburton's valuation and potential upside. According to Trendlyne data, the average target price for Halliburton's stock is $4,857, suggesting a 17% upside from current market prices. This optimistic outlook is supported by the company's strong fundamentals and its position in the oilfield services and equipment industry, which is closely tied to global demand for oil and natural gas.

In comparison to its peer Schlumberger, Halliburton's market capitalization stands at $35.54 billion, significantly lower than Schlumberger's $79.1 billion. However, Halliburton's lower debt levels and comparable earnings before interest, taxes, depreciation, and amortization (EBITDA) indicate a solid financial foundation. The company's forward P/E ratio of 8.35 further suggests an attractive entry point for investors seeking earnings growth.

Looking ahead, Halliburton is expected to report earnings on April 29, 2025. The company's performance in the coming quarters will be closely watched, as it navigates the challenges and opportunities presented by the volatile oil and gas market. Investors will be keen to see how Halliburton continues to leverage its strategic partnerships and technological advancements to drive growth and maintain its competitive edge in the industry.