HAL vs. XOM

Last updated Jun 3, 2026

HAL (Halliburton Company) and XOM (Exxon Mobil Corporation) are both stocks. Both are in the Energy sector — HAL in Oil & Gas Equipment & Services, XOM in Oil & Gas Integrated. Over the past 10 years, HAL returned 1.24%/yr vs 10.08%/yr for XOM. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

HAL vs. XOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Halliburton Company (HAL) and Exxon Mobil Corporation (XOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HAL achieves a 42.69% return, which is significantly higher than XOM's 25.96% return. Over the past 10 years, HAL has underperformed XOM with an annualized return of 1.24%, while XOM has yielded a comparatively higher 10.08% annualized return.

HAL

• 1D: 1.98%
• 1M: -3.67%
• YTD: 42.69%
• 6M: 50.80%
• 1Y: 106.05%
• 3Y*: 10.75%
• 5Y*: 12.22%
• 10Y*: 1.24%

XOM

• 1D: 0.12%
• 1M: -1.42%
• YTD: 25.96%
• 6M: 31.37%
• 1Y: 49.76%
• 3Y*: 16.06%
• 5Y*: 24.05%
• 10Y*: 10.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HAL vs. XOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HAL Halliburton Company	42.69%	7.02%	-23.19%	-6.47%	74.45%	21.99%	-21.23%	-4.90%	-44.63%	-8.18%
XOM Exxon Mobil Corporation	25.96%	15.98%	11.26%	-6.26%	87.41%	57.58%	-36.21%	7.23%	-15.09%	-3.81%

Correlation

The correlation between HAL and XOM is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 16, 1978	0.52

The correlation between HAL and XOM shifts across timeframes, from 0.52 (all time) to 0.75 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HAL : $33.67B XOM : $625.61B
EPS HAL : $1.82 XOM : $5.93
PE Ratio HAL : 22.09 XOM : 25.23
PEG Ratio HAL : 3.52 XOM : 1.17
PS Ratio HAL : 1.53 XOM : 1.96
PB Ratio HAL : 3.11 XOM : 2.46
Total Revenue (TTM) HAL : $22.17B XOM : $326.01B
Gross Profit (TTM) HAL : $3.40B XOM : $83.11B
EBITDA (TTM) HAL : $3.83B XOM : $60.44B

Return for Risk

HAL vs. XOM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HAL

HAL Risk / Return Rank: 94
HAL Sharpe Ratio Rank: 94
HAL Sortino Ratio Rank: 93
HAL Omega Ratio Rank: 90
HAL Calmar Ratio Rank: 96
HAL Martin Ratio Rank: 96

XOM

XOM Risk / Return Rank: 85
XOM Sharpe Ratio Rank: 88
XOM Sortino Ratio Rank: 84
XOM Omega Ratio Rank: 82
XOM Calmar Ratio Rank: 83
XOM Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HAL vs. XOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Halliburton Company (HAL) and Exxon Mobil Corporation (XOM). 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.

	HAL	XOM	Difference
Sharpe ratio Return per unit of total volatility	2.92	2.05	+0.87
Sortino ratio Return per unit of downside risk	3.65	2.61	+1.04
Omega ratio Gain probability vs. loss probability	1.44	1.33	+0.10
Calmar ratio Return relative to maximum drawdown	8.43	3.24	+5.19
Martin ratio Return relative to average drawdown	22.07	9.35	+12.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAL vs. XOM - Sharpe Ratio Comparison

The current HAL Sharpe Ratio is 2.92, which is higher than the XOM Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of HAL and XOM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HAL	XOM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.92	2.05	+0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.91	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.03	0.36	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.47	-0.33

Drawdowns

HAL vs. XOM - Drawdown Comparison

The maximum HAL drawdown since its inception was -92.99%, which is greater than XOM's maximum drawdown of -62.40%. Use the drawdown chart below to compare losses from any high point for HAL and XOM.

Drawdown Indicators

	HAL	XOM	Difference
Max Drawdown Largest peak-to-trough decline	-92.99%	-62.40%	-30.59%
Max Drawdown (1Y) Largest decline over 1 year	-13.10%	-15.69%	+2.59%
Max Drawdown (3Y) Largest decline over 3 years	-54.01%	-18.92%	-35.09%
Max Drawdown (5Y) Largest decline over 5 years	-54.01%	-20.51%	-33.50%
Max Drawdown (10Y) Largest decline over 10 years	-91.45%	-61.34%	-30.11%
Current Drawdown Current decline from peak	-32.28%	-12.19%	-20.09%
Average Drawdown Average peak-to-trough decline	-39.13%	-10.20%	-28.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.01%	5.44%	-0.43%

Volatility

HAL vs. XOM - Volatility Comparison

The current volatility for Halliburton Company (HAL) is 8.85%, while Exxon Mobil Corporation (XOM) has a volatility of 9.91%. This indicates that HAL experiences smaller price fluctuations and is considered to be less risky than XOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAL	XOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.85%	9.91%	-1.06%
Volatility (6M) Calculated over the trailing 6-month period	23.45%	20.26%	+3.19%
Volatility (1Y) Calculated over the trailing 1-year period	36.54%	24.43%	+12.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.10%	26.72%	+13.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.97%	28.18%	+17.79%

Dividends

HAL vs. XOM - Dividend Comparison

HAL's dividend yield for the trailing twelve months is around 1.69%, less than XOM's 2.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAL Halliburton Company	1.69%	2.41%	2.50%	1.77%	1.22%	0.79%	1.67%	2.94%	2.71%	1.47%	1.33%	2.12%
XOM Exxon Mobil Corporation	2.73%	3.32%	3.57%	3.68%	3.22%	5.70%	8.44%	4.92%	4.74%	3.66%	3.30%	3.69%

Financials

HAL vs. XOM - Profitability Comparison

The chart below illustrates the profitability comparison between Halliburton Company and Exxon Mobil Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

XOM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported a gross profit of 31.36B and revenue of 83.16B. Therefore, the gross margin over that period was 37.7%.

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%.

XOM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported an operating income of 5.29B and revenue of 83.16B, resulting in an operating margin of 6.4%.

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%.

XOM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported a net income of 4.18B and revenue of 83.16B, resulting in a net margin of 5.0%.

Frequently Asked Questions

Can I hold both HAL and XOM in my portfolio?

HAL and XOM have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HAL or XOM?

XOM has higher volatility (9.91%) compared to HAL (8.85%). In terms of maximum drawdown, HAL dropped -92.99% vs XOM's -62.40%.

Which has better risk-adjusted returns?

HAL currently has the higher Sharpe Ratio (2.92 vs 2.05), 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.