What's Driving Our Price Estimate For Halliburton?
Here are some sample widgets you could interact with from this dashboard:
What's The Outlook For Halliburton's Various Segments?
North American Revenues Should Trend Higher On Permian Recovery
Recovery in activity in the Permian basin, which is the single largest shale field in the U.S., could drive demand for Halliburton's fracking business.
North America Revenue [A]
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Latin America Should See Higher Activity
Latin American activity was sluggish over the last few years, due to headwinds in offshore Brazil and low commodity prices. The metric should increase over 2019 as commodity prices rise.
Latin America Revenue [B]
Europe/ Africa/ CIS Segment
We expect the Europe /Africa/ CIS to rise over 2019 and 2020, driven by recovering commodity prices and a rising rig count in Africa.
Europe / Africa / CIS Revenue [C]
Higher Rig Count And Activity In Asia Could Drive Middle East/Asia Segment
While declining oil prices hurt revenues over 2016 and 2017, we expect revenues to trend higher in 2019 and 2020, driven by a higher rig count in Asia.
Middle East / Asia Revenue [D]
Calculating Halliburton's Price Estimate
Step 3: Arriving At Price Estimate
Price Estimate [A X B]
EPS (Non-GAAP) [A]
P/E Multiple [B]
We are valuing the company at 16x projected 2020 earnings.