HAL vs. OKE: Halliburton vs. ONEOK Stock Comparison
How do Halliburton (HAL) and ONEOK (OKE) 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
Halliburton (HAL) and ONEOK (OKE) both fall under the Energy industry group, but HAL is classified in Energy Equipment & Services while OKE is classified in Oil, Gas & Consumable Fuels.
| Profile Item | HAL | OKE |
|---|---|---|
| Name | Halliburton Company | ONEOK, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Energy Equipment & Services | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Equipment & Services | Oil & Gas Storage & Transportation |
| Market Capitalization | 26.34 billion USD | 53.71 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | October 1, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HAL | OKE |
|---|---|---|
| Total Return (1Y) | 18.66% | 33.00% |
| Total Return (3Y, Annualized) | -3.16% | 16.19% |
| Total Return (5Y, Annualized) | 7.11% | 11.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HAL | OKE |
|---|---|---|
| Volatility (1Y, Annualized) | 33.27% | 27.56% |
| Beta (5Y) | 0.77 | 0.79 |
| Max Drawdown (5Y) | -54.01% | -42.17% |
| Avg. Volume (3M) | 10.27M | 3.38M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HAL | OKE |
|---|---|---|
| Sharpe Ratio (1Y) | 0.43 | 1.04 |
| Sortino Ratio (1Y) | 0.64 | 1.50 |
Profitability
ROE (TTM)
Both Halliburton (HAL) at 18.78% and ONEOK (OKE) at 15.02% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
HAL
Energy industry group
18.78%
- Max
- 53.85%
- Q3
- 24.79%
- HAL
- 18.78%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
OKE
Energy industry group
15.02%
- Max
- 53.85%
- Q3
- 24.79%
- OKE
- 15.02%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Halliburton (HAL) at 8.90% and ONEOK (OKE) at 9.42% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
HAL
Energy industry group
8.90%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- HAL
- 8.90%
- Q1
- 0.07%
- Min
- -27.38%
OKE
Energy industry group
9.42%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- OKE
- 9.42%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Halliburton (HAL) at 12.43% and ONEOK (OKE) at 12.71% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
HAL
Energy industry group
12.43%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- HAL
- 12.43%
- Q1
- 6.94%
- Min
- -24.52%
OKE
Energy industry group
12.71%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- OKE
- 12.71%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | HAL | OKE |
|---|---|---|
| ROE (TTM) | 18.78% | 15.02% |
| ROA (TTM) | 7.23% | 5.46% |
| Net Margin (TTM) | 8.90% | 9.42% |
| Operating Margin (TTM) | 12.43% | 12.71% |
| Gross Margin (TTM) | 14.83% | 25.20% |
Growth
Revenue Growth
ONEOK (OKE) at 54.99% clears its industry range for revenue growth, far stronger top-line momentum than Halliburton (HAL) at -3.31%, which is closer to a typical peer reading.
EPS Growth
Both Halliburton (HAL) at -47.00% and ONEOK (OKE) at 4.84% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | HAL | OKE |
|---|---|---|
| Revenue Growth (YoY) | -3.31% | 54.99% |
| Revenue Growth (3Y CAGR) | 3.01% | 14.53% |
| EPS Growth (YoY) | -47.00% | 4.84% |
| EPS Growth (3Y CAGR) | -4.83% | 12.17% |
Financial Strength
Current Ratio (MRQ)
Halliburton (HAL) at 2.02 keeps current ratio within its industry’s typical mid-range, while ONEOK (OKE) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for OKE.
HAL
Energy industry group
2.02
- Max
- 3.64
- Q3
- 2.21
- HAL
- 2.02
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
OKE
Energy industry group
0.84
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- OKE
- 0.84
- Min
- 0.24
Debt / Equity (MRQ)
Both Halliburton (HAL) at 0.73 and ONEOK (OKE) at 0.88 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
HAL
Energy industry group
0.73
- Max
- 1.75
- Q3
- 0.93
- HAL
- 0.73
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
OKE
Energy industry group
0.88
- Max
- 1.75
- Q3
- 0.93
- OKE
- 0.88
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | HAL | OKE |
|---|---|---|
| Current Ratio (MRQ) | 2.02 | 0.84 |
| Debt / Equity (MRQ) | 0.73 | 0.88 |
| Net Debt / EBITDA | 1.54 | 3.68 |
Dividends
Dividend Yield (TTM)
ONEOK (OKE) at 4.96% delivers top-quartile income for its industry, while Halliburton (HAL) at 2.13% pays a more typical yield — both are credible income propositions, OKE the richer one.
HAL
Energy industry group
2.13%
- Max
- 8.57%
- Q3
- 3.58%
- HAL
- 2.13%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
OKE
Energy industry group
4.96%
- Max
- 8.57%
- OKE
- 4.96%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Halliburton (HAL) at 28.57% pays out a band-typical share of earnings, while ONEOK (OKE) at 65.84% distributes more than its industry norm — less retained, thinner cover.
HAL
Energy industry group
28.57%
- Max
- 133.24%
- Q3
- 53.31%
- HAL
- 28.57%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
OKE
Energy industry group
65.84%
- Max
- 133.24%
- OKE
- 65.84%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HAL | OKE |
|---|---|---|
| Dividend Yield (TTM) | 2.13% | 4.96% |
| Dividend Payout Ratio (TTM) | 28.57% | 65.84% |
Valuation
P/E Ratio (TTM)
Both Halliburton (HAL) at 13.38 and ONEOK (OKE) at 13.23 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
HAL
Energy industry group
13.38
- Max
- 39.54
- Q3
- 21.72
- HAL
- 13.38
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
OKE
Energy industry group
13.23
- Max
- 39.54
- Q3
- 21.72
- OKE
- 13.23
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
On P/S ratio, both Halliburton (HAL) at 1.17 and ONEOK (OKE) at 1.24 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
HAL
Energy industry group
1.17
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- HAL
- 1.17
- Q1
- 0.88
- Min
- 0.00
OKE
Energy industry group
1.24
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- OKE
- 1.24
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Halliburton (HAL) at 2.37 and ONEOK (OKE) at 2.30 are valued close to their industries’ norm against book — neither stands out from peers.
HAL
Energy industry group
2.37
- Max
- 4.21
- Q3
- 2.38
- HAL
- 2.37
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
OKE
Energy industry group
2.30
- Max
- 4.21
- Q3
- 2.38
- OKE
- 2.30
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | HAL | OKE |
|---|---|---|
| P/E Ratio (TTM) | 13.38 | 13.23 |
| P/S Ratio (TTM) | 1.17 | 1.24 |
| P/B Ratio (MRQ) | 2.37 | 2.30 |
| Free Cash Flow Yield (TTM) | 6.20% | 1.44% |