BP vs. HAL
BP (BP p.l.c.) and HAL (Halliburton Company) are both stocks. Both are in the Energy sector — BP in Oil & Gas Integrated, HAL in Oil & Gas Equipment & Services. Over the past 10 years, BP returned 7.87%/yr vs -0.29%/yr for HAL. At a 0.49 correlation, their price movements are largely independent.
Performance
BP vs. HAL - Performance Comparison
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Returns By Period
In the year-to-date period, BP achieves a 17.35% return, which is significantly lower than HAL's 25.59% return. Over the past 10 years, BP has outperformed HAL with an annualized return of 7.87%, while HAL has yielded a comparatively lower -0.29% annualized return.
BP
- 1D
- 1.74%
- 1M
- -10.32%
- YTD
- 17.35%
- 6M
- 19.38%
- 1Y
- 34.16%
- 3Y*
- 10.32%
- 5Y*
- 13.40%
- 10Y*
- 7.87%
HAL
- 1D
- 0.69%
- 1M
- -14.83%
- YTD
- 25.59%
- 6M
- 25.90%
- 1Y
- 61.52%
- 3Y*
- 6.81%
- 5Y*
- 10.47%
- 10Y*
- -0.29%
BP vs. HAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BP BP p.l.c. | 17.35% | 24.54% | -11.84% | 6.00% | 37.01% | 36.38% | -41.31% | 5.83% | -4.57% | 20.02% |
HAL Halliburton Company | 25.59% | 7.02% | -23.19% | -6.47% | 74.45% | 21.99% | -21.23% | -4.90% | -44.63% | -8.18% |
Correlation
The correlation between BP and HAL is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1977 | 0.49 |
The correlation between BP and HAL shifts across timeframes, from 0.49 (all time) to 0.69 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BP:
$103.84B
HAL:
$29.51B
BP:
$1.23
HAL:
$1.82
BP:
32.42
HAL:
19.36
BP:
3.17
HAL:
3.09
BP:
0.53
HAL:
1.34
BP:
1.86
HAL:
2.73
BP:
$194.60B
HAL:
$22.17B
BP:
$37.65B
HAL:
$3.40B
BP:
$35.67B
HAL:
$3.83B
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Return for Risk
BP vs. HAL — Risk / Return Rank
BP
HAL
BP vs. HAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. (BP) and Halliburton Company (HAL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BP | HAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.28 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 3.36 | -1.34 |
| Martin ratioReturn relative to average drawdown | 7.45 | 12.16 | -4.71 |
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Drawdowns
BP vs. HAL - Drawdown Comparison
The maximum BP drawdown since its inception was -74.94%, smaller than the maximum HAL drawdown of -92.99%. Use the drawdown chart below to compare losses from any high point for BP and HAL.
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Drawdown Indicators
| BP | HAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.94% | -92.99% | +18.05% |
Max Drawdown (1Y)Largest decline over 1 year | -16.97% | -18.38% | +1.41% |
Max Drawdown (3Y)Largest decline over 3 years | -30.63% | -54.01% | +23.38% |
Max Drawdown (5Y)Largest decline over 5 years | -30.63% | -54.01% | +23.38% |
Max Drawdown (10Y)Largest decline over 10 years | -63.91% | -91.45% | +27.54% |
Current DrawdownCurrent decline from peak | -15.53% | -40.39% | +24.86% |
Average DrawdownAverage peak-to-trough decline | -25.25% | -39.12% | +13.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.63% | 5.23% | -0.60% |
Volatility
BP vs. HAL - Volatility Comparison
The current volatility for BP p.l.c. (BP) is 8.27%, while Halliburton Company (HAL) has a volatility of 10.16%. This indicates that BP experiences smaller price fluctuations and is considered to be less risky than HAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BP | HAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 10.16% | -1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 22.08% | 24.49% | -2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.13% | 36.86% | -9.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.59% | 40.09% | -11.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.27% | 46.01% | -14.74% |
Dividends
BP vs. HAL - Dividend Comparison
BP's dividend yield for the trailing twelve months is around 5.02%, more than HAL's 1.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BP BP p.l.c. | 5.02% | 5.64% | 6.20% | 4.71% | 3.94% | 4.83% | 9.21% | 6.52% | 6.41% | 5.66% | 6.37% | 7.63% |
HAL Halliburton Company | 1.93% | 2.41% | 2.50% | 1.77% | 1.22% | 0.79% | 1.67% | 2.94% | 2.71% | 1.47% | 1.33% | 2.12% |
Financials
BP vs. HAL - Financials Comparison
This section allows you to compare key financial metrics between BP p.l.c. and Halliburton Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BP vs. HAL - Profitability Comparison
BP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BP p.l.c. reported a gross profit of 12.56B and revenue of 52.17B. Therefore, the gross margin over that period was 24.1%.
HAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a gross profit of 790.00M and revenue of 5.40B. Therefore, the gross margin over that period was 14.6%.
BP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BP p.l.c. reported an operating income of 9.20B and revenue of 52.17B, resulting in an operating margin of 17.6%.
HAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported an operating income of 679.00M and revenue of 5.40B, resulting in an operating margin of 12.6%.
BP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BP p.l.c. reported a net income of 3.84B and revenue of 52.17B, resulting in a net margin of 7.4%.
HAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a net income of 461.00M and revenue of 5.40B, resulting in a net margin of 8.5%.
Frequently Asked Questions
BP and HAL have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HAL has higher volatility (10.16%) compared to BP (8.27%). In terms of maximum drawdown, BP dropped -74.94% vs HAL's -92.99%.
HAL currently has the higher Sharpe Ratio (1.68 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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