HAL Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Halliburton's technological advancements and international expansion provide robust growth opportunities. Options data shows more bullish risk, suggesting potential upside as market conditions stabilize.




Bearish Case: Continued decline in U.S. shale activity and heavy put option volume could signal potential downside. High implied volatility backwardation hints at market uncertainties impacting HAL's financial health.




Potential Outcomes:
  • Positive international growth and tech advancements (60%).
  • U.S. shale decline affects revenues (70%).
  • Implied volatility stabilizes, indicating market reversion (50%).



April 19, 2025


Halliburton Forecast

HAL        Halliburton











Correlated Assets

Assets that tend to move strongly with HAL



MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (0.96)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.93)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (0.93)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (0.92)


ASH Forecast + Options Trading Strategies   ASH  Ashland (0.91)



Uncorrelated Assets

Assets with little price relationship to HAL



SG Forecast + Options Trading Strategies   SG  Sweetgreen (0.0)


HRI Forecast + Options Trading Strategies   HRI  Herc (0.01)


IRM Forecast + Options Trading Strategies   IRM  Iron Mountain (0.01)


FLR Forecast + Options Trading Strategies   FLR  Fluor (0.01)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against HAL



RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (-0.78)


BK Forecast + Options Trading Strategies   BK  Bank Of New York Mellon (-0.8)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.85)


EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (-0.86)


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (-0.88)









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