Halliburton upgraded to Buy on strong H1 2026 results and long-term oil price growth potential.

Halliburton Company has been upgraded to a Buy rating following its strong first half of 2026 results, which showed a 2% revenue increase to $11.12 billion and a 47% rise in net income to $995 million. The company maintains healthy debt metrics and is positioned for future growth driven by global drilling activity, including potential expansion in Venezuela and international markets beyond U.S. shale. Trading at a forward P/E of 15, Halliburton is cheaper than many peers, making it an attractive long-term investment amid expectations of higher oil prices despite possible market volatility.

Halliburton's market cap stands at $28.75 billion with a dividend yield of 1.97% as of September 17, 2026, 22:21 WIB. Despite the recent 1.81% drop in its stock price to USD 33.88, the company sees significant trading volume with over 13.7 million shares exchanged on Pluang. The platform data also shows a strong sell sentiment with 95% of orders being sell, indicating cautious investor behavior at this time.