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Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.
The historical rank and industry rank for Halliburton Co's Exploration Expense (USD Mil) or its related term are showing as below:
HAL's Exploration Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Exploration Expense (USD Mil) only.
Halliburton Co (NYSE:HAL) Exploration Expense (USD Mil) Explanation
Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.
Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.
Halliburton Co Exploration Expense (USD Mil) Related Terms
Halliburton Co Exploration Expense (USD Mil) Historical Data
* Premium members only.
The historical data trend for Halliburton Co's Exploration Expense (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Halliburton Co Exploration Expense (USD Mil) Chart
HAL vs FTI, NOV, WFRD: Exploration Expense (USD Mil) Comparison
For the Oil & Gas Equipment & Services subindustry, Halliburton Co's Exploration Expense (USD Mil), along with its competitors' market caps and Exploration Expense (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
What does a Exploration Expense (USD Mil) of 0.00 mean?
Halliburton Co (HAL) has a Exploration Expense (USD Mil) of 0.00 as of Mar. 2026. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Halliburton Co and its competitors.
Is Halliburton Co's Exploration Expense (USD Mil) too high?
Halliburton Co's current Exploration Expense (USD Mil) is 0.00. Overall, Halliburton Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's Exploration Expense (USD Mil) compare to FTI and NOV?
Halliburton Co's Exploration Expense (USD Mil) of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Exploration Expense (USD Mil) for an Oil & Gas company?
A good Exploration Expense (USD Mil) depends on the Oil & Gas industry context. However, Exploration Expense (USD Mil) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Exploration Expense (USD Mil) mean?
A high Exploration Expense (USD Mil) can signal that a stock is expensive relative to its fundamentals. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Halliburton Co and its competitors. Halliburton Co's current Exploration Expense (USD Mil) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halliburton Co stock overvalued right now?
Based on GuruFocus' analysis, Halliburton Co (HAL) is currently considered Fairly Valued. The stock's GF Value™ is $33.77, compared to a current price of $32.25 — trading 4.5% below its estimated fair value. The current Exploration Expense (USD Mil) is 0.00. Halliburton Co's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Exploration Expense (USD Mil) calculated?
Exploration Expense (USD Mil) is calculated from a company's financial statements. For Halliburton Co (HAL), the current Exploration Expense (USD Mil) is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Halliburton Co (HAL) Overvalued in 2026?
Based on GuruFocus' analysis, Halliburton Co stock appears to be undervalued.
The current stock price of $32.25 is trading 4.5% below its estimated GF Value™ of $33.77.
GuruFocus considers Halliburton Co to be Fairly Valued.
Key valuation signals for HAL:
Exploration Expense (USD Mil): 0.00
GF Value™: $33.77 vs. price of $32.25 (4.5% below fair value)
No single metric tells the full story. See the HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Halliburton is North America's largest oilfield-services company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.
76GF Score
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