How does the dividend yield compare to other oilfield services companies like Schlumberger, Baker Hughes, and Weatherford?

Dividend‑yield comparison (as of mid‑August 2025)

*Prices are the latest closing prices on 13 Aug 2025. The “annualized dividend” assumes the current quarterly payout repeats for the full year; the actual full‑year payout may be adjusted by the board.

Trading & Investment Implications

• Relative attractiveness: Halliburton’s 1.9 % yield sits below Schlumberger’s ~2.8 % but is slightly above Baker Hughes and far above the non‑paying Weatherford. For pure income investors, SLB remains the higher‑yield “core” play among the major oil‑field service peers.
  
• Fundamentals: Halliburton’s modest yield reflects its current focus on capital‑intensive growth projects (digital oilfield, AI‑driven drilling solutions) and a higher payout ratio than its peers (≈ 35 % of earnings). The company’s cash‑flow generation remains solid, but the low yield suggests the market is pricing in continued reinvestment rather than cash return.
  
• Technical view: HAL has been trading in a tight 3‑month range around $34‑$36 after the dividend announcement, with the dividend‑related price bump now priced‑in. A break above $36 with volume could signal a “buy‑on‑dip” opportunity, while a sustained dip below $33 may expose a risk‑off scenario that could further compress the yield to under 1 % and make the stock less attractive for dividend‑seeking portfolios.
  

Actionable take‑away: If your mandate prioritizes dividend income, Schlumberger offers the strongest yield among the three, but Halliburton may still be compelling for investors who value growth‑oriented cash flow and are comfortable with a modest 1‑2 % yield. A short‑term trade could be to buy HAL on a pull‑back below $33 with a target of $37‑$38, while monitoring earnings guidance and any change to the dividend policy. If you need pure yield, shift allocation to SLB or consider non‑oil‑service dividend stocks with higher yields.