Halliburton (HAL) vs Oceaneering International (OII)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Oceaneering International (OII) has outperformed Halliburton (HAL) over the past year, gaining 79.2% versus a gain of 30.8%. Over five years, OII leads with a +185.8% price change compared with +22.1% for HAL. Halliburton is the larger company by market cap ($27.02 billion vs $4.40 billion), about 6.1 times the size, while Oceaneering International is growing revenue faster (+4.6% vs -3.3%).
On valuation, Halliburton trades at a lower forward P/E (11.2x vs 19.0x for Oceaneering International). Halliburton pays a dividend yielding 2.10%, while Oceaneering International does not currently pay one. Oceaneering International converts more of its revenue into profit, with a net margin of 12.7% versus 5.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HAL | OII |
|---|---|---|
| Share price | $32.43 | $44.19 |
| Market cap | $27.02B | $4.40B |
| 1-day change | +2.11% | +1.12% |
| YTD return | +12.35% | +81.86% |
| 1-year return | +30.77% | +79.25% |
| 5-year return | +22.07% | +185.81% |
| P/E ratio (TTM) | 17.07 | 12.77 |
| Forward P/E | 11.18 | 19.05 |
| EPS (TTM) | $1.90 | $3.46 |
| Dividend yield | 2.10% | 0.00% |
| Annual dividend | $0.68 | $0.00 |
| Revenue (latest FY) | $22.18B | $2.78B |
| Revenue growth (YoY) | -3.31% | +4.62% |
| Net income (latest FY) | $1.28B | $353.76M |
| Gross margin | — | 20.42% |
| Operating margin | 10.19% | 10.94% |
| Net margin | 5.78% | 12.71% |
| 52-week high | $43.59 | $54.25 |
| 52-week low | $21.46 | $22.02 |
| Distance from 52-week high | -25.60% | -18.54% |
| Analyst consensus | buy | none |
| Avg. price target upside | +33.95% | +4.10% |
| Average volume | 11.00M | 973.50K |
| Shares outstanding | 833.13M | 99.53M |
| Employees | 46,000 | 11,100 |
| Sector | Energy | Energy |
| Industry | Oilfield Services/Equipment | Oilfield Services/Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Halliburton is about 6.1 times larger than Oceaneering International by market value ($27.02B vs $4.40B).
- OII has outperformed HAL by 48.5 percentage points over the past year.
- Halliburton trades at a higher earnings multiple (17.1x vs 12.8x trailing P/E).
- Halliburton offers a meaningfully higher dividend yield (2.10% vs 0.00%).
- Oceaneering International is more profitable, keeping 12.7 cents of every revenue dollar as net income versus 5.8 cents for Halliburton.
- Oceaneering International grew revenue faster in its latest fiscal year (+4.62% vs -3.31%).
About Halliburton
HAL stock →Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation.
Energy · Oilfield Services/Equipment · 46,000 employees
About Oceaneering International
OII stock →Oceaneering International, Inc. provides engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries in the United States, Africa, the United Kingdom, Norway, Brazil, Asia, Australia, and internationally.
Energy · Oilfield Services/Equipment · 11,100 employees
HAL vs OII FAQ
Which is bigger, Halliburton or Oceaneering International?
Halliburton (HAL) is larger, with a market capitalization of $27.02B compared with $4.40B for Oceaneering International (OII).
Which stock has performed better over the past year, HAL or OII?
OII returned +79.25% over the past 12 months, compared with +30.77% for HAL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HAL or OII?
OII has the lower trailing P/E at 12.8, versus 17.1 for HAL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Halliburton or Oceaneering International?
Halliburton pays a dividend yielding 2.10%, while Oceaneering International does not currently pay a regular dividend.
Are Halliburton and Oceaneering International in the same industry?
Yes. Both are classified in the Oilfield Services/Equipment industry within the Energy sector.