Halliburton Co (HAL) is fairly valued and Weatherford International plc (WFRD) is slightly undervalued.
Against our estimates of intrinsic value, WFRD trades at the wider discount: a margin of safety of +11%, against +1% for HAL.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.6% (average of 3 methods) values the shares at $33.10; the price of $32.85 is 1% below that value, and 77% of that value comes from beyond year five.
Leak Score 64/100 on 10 of 12 signals
Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $94.23; the price of $84.00 is 11% below that value, and 76% of that value comes from beyond year five.
Leak Score 65/100 on 3 of 12 signals
| Metric | HAL | WFRD |
|---|---|---|
| Verdict | Fairly valued | Slightly undervalued |
| Price | $32.85 | $84.00 |
| Intrinsic value | $33.10 | $94.23 |
| Margin of safety | +1% | +11% |
| Leak Score | 64/100 (10/12) | 65/100 (3/12) |
| Market cap | $27.4B | $6.1B |
| Revenue growth, 5 years | 9.0% | 5.9% |
| Operating margin | 13.1% | 14.4% |
| Net margin | 7.2% | 7.7% |
| Return on equity | 14.9% | 22.2% |
| Debt to equity | 0.74 | 0.91 |
| P/E | 17.2x | 16.6x |
| Forward P/E | 11.4x | 11.8x |
| P/B | 2.5x | 3.4x |
| Dividend yield | 2.1% | 1.3% |