Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Halliburton analyses the brand by its strengths, weaknesses, opportunities & threats. In Halliburton SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Halliburton to benchmark its business & performance as compared to the competitors. Halliburton is one of the leading brands in the energy & power sector.
The table below lists the Halliburton SWOT (Strengths, Weaknesses, Opportunities, Threats), top Halliburton competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
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
SWOT Analysis of Halliburton
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
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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