Halliburton (HAL) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.60
- Estimate
- $0.58
- Surprise
- +2.6%
- Score at report (before → after)
- 5.8 → 5.9/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Halliburton (HAL) beat the $0.58 estimate with adjusted EPS of $0.60 — a modest 2.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Hold at 5.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HAL Hold at 5.9/10.
4 of the last 4 quarters beat the estimate; this quarter's +2.6% surprise compares with a +10.4% four-quarter average.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (4/4)
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.4)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $33.59
- Price target
- $38.93
- Stop
- $31.89
- Upside to target
- +15.9%
- Reward-to-risk
- 2.3:1
The stock trades at 17.7× trailing but 11.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 2.0× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-21 — shown for context, not personalized investment advice.
HAL at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Equipment & Services
- Market cap
- $28.06B
- P/E (fwd)
- 11.5
- P/E (ttm)
- 17.7
- 52-week range
- $24.12–$43.59
- Off 52-week high
- 22.9%
- RSI (14)
- 68
- Volume vs avg
- 2.03×
- Score today
- 5.9/10