Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: HAL stock price vs PSX: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PSX's multiple
Needs Annual EPS, PSX P/E.
Implied fair value · at HAL's multiple
Needs HAL P/E.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
12 period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
HALLIBURTON COMPANY · implied price per share
Bear
$18.18
Base
$22.41
Bull
$27.92
Phillips 66 · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
SCHLUMBERGER LIMITED/NV
HAL vs SLB
NOV Inc.
HAL vs NOV
TechnipFMC plc
HAL vs FTI
Helmerich & Payne, Inc.
HAL vs HP
ONEOK INC /NEW/
HAL vs OKE
EXXON MOBIL CORP
HAL vs XOM
VALERO ENERGY CORP/TX
HAL vs VLO
Marathon Petroleum Corp
HAL vs MPC
CONOCOPHILLIPS
HAL vs COP
CHEVRON CORP
HAL vs CVX
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe PSX-based PSX multiples are the appropriate anchor for valuation, then reduce or sell exposure to HAL because PSX-implied price ($23.98) implies ~36% downside from $37.51; if you instead believe HAL's superior EBITDA/net margins and ROIC are durable, maintain or selectively add to positions recognizing valuation is already at the upper end of its historical band.
HAL's market price ($37.51) is materially above PSX-implied P/E valuation (implied price $23.98), implying ~36% downside to a PSX-based multiple. The stock sits inside its historical band but well above PSX-implied range, reflecting a premium that the market is pricing for above-PSX performance or idiosyncratic upside.
Supporting Metrics
