Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including …
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Competitive advantage assessment
Key strengths
Margins Stable Across CyclesOperating margin volatility is low (stability score 0.89), demonstrating pricing resilience across cycles.
ROIC Sustainably Above PeersROIC at 66.0th percentile exceeds peers and WACC, demonstrating superior capital allocation.
Halliburton Company ranks #22 of 50
scored companies in Oil & Gas Equipment & Services by moat score — the top 44%.
The widest moat in the group is Cactus, Inc. Class A Common Sto (WHD)
at 78/100.
Moat scores for companies ranked near HAL in Oil & Gas Equipment & Services
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 78
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 56
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 70
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 52
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 36
· 15% of the moat score
Scale matters only when it converts into economics.
Halliburton Company (HAL) scores 60 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #22 of 50 scored companies in Oil & Gas Equipment & Services, the top 44%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 49 companies in Oil & Gas Equipment & Services. Its strongest defense is Cost Advantage (78/100) and its weakest is Scale & Market Position (36/100).
How does Halliburton Company compare with other Oil & Gas Equipment & Services companies?
Halliburton Company ranks #22 of 50 scored companies in Oil & Gas Equipment & Services by moat score. The widest moat in Oil & Gas Equipment & Services is Cactus, Inc. Class A Common Sto (WHD) at 78/100. The companies ranked closest are Bristow Group, Inc. (VTOL) at 60 just above it and Enerflex Ltd (EFXT) at 55 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 49 companies in Oil & Gas Equipment & Services. The defenses are then weighted to produce the overall score out of 100.
Why is Halliburton Company scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for Halliburton Company?
The Corporate Default template measures 6 defenses, and HAL scores: Pricing Power (64), Cost Advantage (78), Customer Stickiness (56), Capital Efficiency (70), Resilience (52), Scale & Market Position (36). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
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