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CVX vs. HAL: Chevron vs. Halliburton Stock Comparison

How do Chevron (CVX) and Halliburton (HAL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Chevron (CVX) and Halliburton (HAL) both fall under the Energy industry group, but CVX is classified in Oil, Gas & Consumable Fuels while HAL is classified in Energy Equipment & Services.

Company profile comparison for Chevron (CVX) and Halliburton (HAL)
Profile ItemCVXHAL
NameChevron CorporationHalliburton Company
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsEnergy Equipment & Services
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Equipment & Services
Market Capitalization414.86 billion USD26.34 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 2, 1962June 1, 1972
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVX
HAL
GSPC
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Chevron (CVX) vs. Halliburton (HAL), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Chevron (CVX) and Halliburton (HAL). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Chevron (CVX) and Halliburton (HAL). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Chevron (CVX) and Halliburton (HAL)
MetricCVXHAL
Total Return (1Y)42.24%18.66%
Total Return (3Y, Annualized)19.22%-3.16%
Total Return (5Y, Annualized)17.45%7.11%

Risk Profile

Drawdown History

CVX
HAL
GSPC
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Chevron (CVX) vs. Halliburton (HAL), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Chevron (CVX) and Halliburton (HAL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Chevron (CVX) and Halliburton (HAL)
MetricCVXHAL
Volatility (1Y, Annualized)24.66%33.27%
Beta (5Y)0.500.77
Max Drawdown (5Y)-24.95%-54.01%
Avg. Volume (3M)8.39M10.27M

Risk-Adjusted Performance

Risk-Return Positioning

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CVX and HAL are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Chevron (CVX) and Halliburton (HAL)
MetricCVXHAL
Sharpe Ratio (1Y)1.540.43
Sortino Ratio (1Y)2.260.64

Profitability

ROE (TTM)

Both Chevron (CVX) at 13.85% and Halliburton (HAL) at 18.78% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

CVX

Energy industry group

13.85%

Max
53.85%
Q3
24.79%
CVX
13.85%
Median
12.85%
Q1
2.03%
Min
-29.09%

HAL

Energy industry group

18.78%

Max
53.85%
Q3
24.79%
HAL
18.78%
Median
12.85%
Q1
2.03%
Min
-29.09%
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Chevron (CVX) at 11.92% and Halliburton (HAL) at 8.90% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CVX

Energy industry group

11.92%

Max
56.92%
Q3
22.92%
CVX
11.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

HAL

Energy industry group

8.90%

Max
56.92%
Q3
22.92%
Median
10.10%
HAL
8.90%
Q1
0.07%
Min
-27.38%
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Chevron (CVX) at 17.89% and Halliburton (HAL) at 12.43% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CVX

Energy industry group

17.89%

Max
71.31%
Q3
33.75%
Median
18.73%
CVX
17.89%
Q1
6.94%
Min
-24.52%

HAL

Energy industry group

12.43%

Max
71.31%
Q3
33.75%
Median
18.73%
HAL
12.43%
Q1
6.94%
Min
-24.52%
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Chevron (CVX) and Halliburton (HAL)
MetricCVXHAL
ROE (TTM)13.85%18.78%
ROA (TTM)6.47%7.23%
Net Margin (TTM)11.92%8.90%
Operating Margin (TTM)17.89%12.43%
Gross Margin (TTM)44.39%14.83%

Growth

Revenue Growth

Both Chevron (CVX) at -4.64% and Halliburton (HAL) at -3.31% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Chevron (CVX) vs. Halliburton (HAL): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Chevron (CVX) at -31.79% and Halliburton (HAL) at -47.00% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Chevron (CVX) vs. Halliburton (HAL): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Chevron (CVX) and Halliburton (HAL)
MetricCVXHAL
Revenue Growth (YoY)-4.64%-3.31%
Revenue Growth (3Y CAGR)-7.85%3.01%
EPS Growth (YoY)-31.79%-47.00%
EPS Growth (3Y CAGR)-28.69%-4.83%

Financial Strength

Current Ratio (MRQ)

Both Chevron (CVX) at 1.34 and Halliburton (HAL) at 2.02 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

CVX

Energy industry group

1.34

Max
3.64
Q3
2.21
Median
1.41
CVX
1.34
Q1
0.88
Min
0.24

HAL

Energy industry group

2.02

Max
3.64
Q3
2.21
HAL
2.02
Median
1.41
Q1
0.88
Min
0.24
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Chevron (CVX) at 0.17 keeps leverage in the lower industry quartile, while Halliburton (HAL) at 0.73 runs a more typical debt-to-equity mix.

CVX

Energy industry group

0.17

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
CVX
0.17
Min
0.00

HAL

Energy industry group

0.73

Max
1.75
Q3
0.93
HAL
0.73
Median
0.54
Q1
0.30
Min
0.00
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Chevron (CVX) and Halliburton (HAL)
MetricCVXHAL
Current Ratio (MRQ)1.342.02
Debt / Equity (MRQ)0.170.73
Net Debt / EBITDA0.361.54

Dividends

Dividend Yield (TTM)

Both Chevron (CVX) at 3.31% and Halliburton (HAL) at 2.13% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CVX

Energy industry group

3.31%

Max
8.57%
Q3
3.58%
CVX
3.31%
Median
1.71%
Q1
0.00%
Min
0.00%

HAL

Energy industry group

2.13%

Max
8.57%
Q3
3.58%
HAL
2.13%
Median
1.71%
Q1
0.00%
Min
0.00%
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Chevron (CVX) at 51.76% and Halliburton (HAL) at 28.57% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

CVX

Energy industry group

51.76%

Max
133.24%
Q3
53.31%
CVX
51.76%
Median
25.24%
Q1
0.00%
Min
0.00%

HAL

Energy industry group

28.57%

Max
133.24%
Q3
53.31%
HAL
28.57%
Median
25.24%
Q1
0.00%
Min
0.00%
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Chevron (CVX) and Halliburton (HAL)
MetricCVXHAL
Dividend Yield (TTM)3.31%2.13%
Dividend Payout Ratio (TTM)51.76%28.57%

Valuation

P/E Ratio (TTM)

Both Chevron (CVX) at 15.61 and Halliburton (HAL) at 13.38 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CVX

Energy industry group

15.61

Max
39.54
Q3
21.72
CVX
15.61
Median
12.19
Q1
7.71
Min
2.99

HAL

Energy industry group

13.38

Max
39.54
Q3
21.72
HAL
13.38
Median
12.19
Q1
7.71
Min
2.99
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Chevron (CVX) at 1.83 and Halliburton (HAL) at 1.17 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CVX

Energy industry group

1.83

Max
5.40
Q3
2.85
CVX
1.83
Median
1.69
Q1
0.88
Min
0.00

HAL

Energy industry group

1.17

Max
5.40
Q3
2.85
Median
1.69
HAL
1.17
Q1
0.88
Min
0.00
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Chevron (CVX) at 2.13 and Halliburton (HAL) at 2.37 are valued close to their industries’ norm against book — neither stands out from peers.

CVX

Energy industry group

2.13

Max
4.21
Q3
2.38
CVX
2.13
Median
1.51
Q1
1.08
Min
0.01

HAL

Energy industry group

2.37

Max
4.21
Q3
2.38
HAL
2.37
Median
1.51
Q1
1.08
Min
0.01
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Chevron (CVX) vs. Halliburton (HAL): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Chevron (CVX) and Halliburton (HAL)
MetricCVXHAL
P/E Ratio (TTM)15.6113.38
P/S Ratio (TTM)1.831.17
P/B Ratio (MRQ)2.132.37
Free Cash Flow Yield (TTM)6.28%6.20%