HAL (Halliburton Co) Moat Score: 6/10 (As of Jun. 26, 2026)


HAL Halliburton Co HAL
73 GF Score
Price $34.03
GF Value $33.37
Valuation Fairly Valued
! 2 Warning Signs
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What is Halliburton Co Moat Score?

Halliburton Co HAL -1.85% 73 Moat Score is 6 as of Jun. 26, 2026. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,041 Oil & Gas companies, Halliburton Co ranks better than 98.46% on this metric.

Halliburton Co has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Halliburton Co has Narrow Moat: Halliburton has a strong narrow moat due to its significant market share in oilfield services, economies of scale, and proprietary technology. The company benefits from durable cost advantages and a robust distribution network, but faces intense competition and lacks significant customer switching costs or regulatory barriers to justify a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Halliburton Co might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Halliburton Co  (NYSE:HAL) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Halliburton Co Moat Score Related Terms

HAL vs FTI, WFRD, NOV: Moat Score Comparison

For the Oil & Gas Equipment & Services subindustry, Halliburton Co's Moat Score, along with its competitors' market caps and Moat Score 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.

Halliburton Co Moat Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Halliburton Co's Moat Score distribution charts can be found below:

* The bar in red indicates where Halliburton Co's Moat Score falls into.


HAL
73GF Score
Halliburton Co HAL
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Halliburton Co (HAL) has a Moat Score of 6 as of Jun. 26, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Halliburton Co ranks #16 out of 1041 companies in the Oil & Gas industry, placing it in the top 1.5%.
Is Halliburton Co's Moat Score too high?
Halliburton Co's current Moat Score is 6. The Oil & Gas industry median Moat Score is 1.00. Halliburton Co's value of 6 is 500% above this industry median. Based on the distribution chart, Halliburton Co ranks #16 out of 1041 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Halliburton Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's Moat Score compare to FTI and WFRD?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #16 out of 1041 companies for Moat Score. This places Halliburton Co in the top 2% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Halliburton Co's value of 6 is 500% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current Moat Score of 6 is 500% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current Moat Score is 6. 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 $33.37, compared to a current price of $34.03 — trading 2% above its estimated fair value. The current Moat Score is 6 and 500% above the Oil & Gas industry median of 1.00. Halliburton Co's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Halliburton Co (HAL), the current Moat Score is 6 as of Jun. 26, 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 overvalued. The current stock price of $34.03 is trading 2% above its estimated GF Value™ of $33.37. GuruFocus considers Halliburton Co to be Fairly Valued.

Key valuation signals for HAL:

  • Moat Score: 6
  • GF Value™: $33.37 vs. price of $34.03 (2% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 500% above the Oil & Gas median (#16 of 1041)

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 Co Business Description

Industry EnergyOil & Gas
Address 3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
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.
73GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.03
Price
$33.37
GF Value