Halliburton SWOT Analysis, Competitors & USP

Halliburton

Oil Services and Equipment

Energy & Power

Solving Challenges; Unleash the energy

World's largest oil field company

Corporates, countries looking to fulfill energy services needs

Companies involved in petroleum and natural gas exploration

It provides solutions to challenges in the Oil services sector

Below are the Strengths in the SWOT Analysis of Halliburton:

1. It is one of the largest oil-field services companies in the world
2. It has a global presence in more than 80 countries
3. Approximately 70,000 employees form the backbone of the company
4. Services & products offered for petroleum and natural gas exploration and production
5. CSR initiatives and environmental programs have been undertaken aggressively
6. Strong brand name and brand equity

Here are the weaknesses in the Halliburton SWOT Analysis:

1. Intervention of Govt policies the world over affect the operational efficiency
2. Increasing costs and declining oil reserves

Following are the Opportunities in Halliburton SWOT Analysis:

1.Increasing fuel/oil prices

2.Increasing natural gas market globally

3.More oil well discoveries

4. Infrastructure growth means more automobiles and construction equipment which require more fuel.

The threats in the SWOT Analysis of Halliburton are as mentioned:

1.Government regulations pressurizing operations

2.High Competition from existing oil services companies globally

3.Environmental hazards cause a backlash

4.Economic instability and fluctuations worldwide

Below are the top 3 competitors of Halliburton:

1. Schlumberger Limited
2. Weatherford International
3. Baker Hughes