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Halliburton Company vs SLB N.V.: Which Stock Looks Stronger in 2026?

Halliburton Company holds the cleaner structural position, with growth as the main driver and profitability adding further support. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

Growth still does most of the heavy lifting in this comparison. The overall score gap is 12 points in favour of Halliburton Company.

INDUSTRY COMPARISON

Both operate in: Oil & Gas Equipment & Services

This comparison is based on industry proximity, not on functional trajectory similarity. HAL and SLB share the same industry classification.

For a similarity-based comparison, see how Halliburton Company and SLB each position within their functional peer groups in AssetNext.

Peer-Relative Score
HAL
Halliburton Company
51
Peer-Score
Signal qualityMedium
Peer basis: S&P 500
vs
SLB
SLB N.V.
39
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: HAL vs SLB Profitability 44 30 Stability 33 32 Valuation 64 67 Growth 62 19 HAL SLB
Gap Ranking
#1 Growth +43
#2 Profitability +14
#3 Valuation +3
#4 Stability +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for HAL and SLB Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer HALSLB Relative valuation Structural strength

The setup remains mixed because the stronger profile and the more supportive price setup do not sit on the same side.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where HAL and SLB each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY HAL Elevated · above norm 0th 50th 100th 1 pct gap SLB Elevated · above norm 0th 50th 100th 99th 98th
HAL (99th percentile) and SLB (98th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
On growth, Halliburton Company is positioned higher in the group, while SLB N.V. is closer to the middle.
Profitability
Halliburton Company sits higher in the group on profitability, adding to the overall structural advantage.
Growth — Dominant Gap
HAL
62
SLB
19
Gap+43in favour of HAL

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

SLB N.V. still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Growth is the clearest driver, and profitability also supports Halliburton Company's broader structural position.

Explore full peer positioning in AssetNext

Break down the HAL vs SLB comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-driven comparisons

Explore how HAL and SLB each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.