Oil & Gas Exploration & Production
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5 / 10Stock Comparison
INDO vs SLB vs HAL vs WTTR vs NINE
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Equipment & Services
Oil & Gas Equipment & Services
Regulated Water
Oil & Gas Equipment & Services
INDO vs SLB vs HAL vs WTTR vs NINE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Equipment & Services | Oil & Gas Equipment & Services | Regulated Water | Oil & Gas Equipment & Services |
| Market Cap | $47M | $79.62B | $32.68B | $1.89B | $427M |
| Revenue (TTM) | $4M | $35.71B | $22.17B | $1.40B | $571M |
| Net Income (TTM) | $-8M | $3.35B | $1.54B | $22M | $-41M |
| Gross Margin | -10.7% | 18.2% | 15.3% | 18.2% | 11.5% |
| Operating Margin | -173.4% | 15.3% | 11.3% | 2.3% | 2.0% |
| Forward P/E | — | 19.8x | 16.8x | 41.7x | — |
| Total Debt | $882K | $12.31B | $8.13B | $374M | $383M |
| Cash & Equiv. | $5M | $3.04B | $2.21B | $18M | $18M |
INDO vs SLB vs HAL vs WTTR vs NINE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Indonesia Energy Co… (INDO) | 100 | 81.1 | -18.9% |
| SLB N.V. (SLB) | 100 | 287.2 | +187.2% |
| Halliburton Company (HAL) | 100 | 333.0 | +233.0% |
| Select Water Soluti… (WTTR) | 100 | 283.2 | +183.2% |
| Nine Energy Service… (NINE) | 100 | 485.2 | +385.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: INDO vs SLB vs HAL vs WTTR vs NINE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
INDO lags the leaders in this set but could rank higher in a more targeted comparison.
SLB carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 4 yrs, beta 0.87, yield 2.0%
- Rev growth -1.6%, EPS growth -24.4%, 3Y rev CAGR 8.3%
- -1.6% revenue growth vs NINE's -100.0%
- 9.4% margin vs INDO's -173.0%
HAL is the #2 pick in this set and the best alternative if sleep-well-at-night and defensive is your priority.
- Lower volatility, beta 0.57, Low D/E 77.4%, current ratio 2.04x
- Beta 0.57, yield 1.8%, current ratio 2.04x
- Better valuation composite
- Beta 0.57 vs NINE's 3.21
WTTR is the clearest fit if your priority is long-term compounding.
- 26.6% 10Y total return vs HAL's 16.2%
NINE ranks third and is worth considering specifically for momentum.
- +15.1% vs INDO's +19.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -1.6% revenue growth vs NINE's -100.0% | |
| Value | Better valuation composite | |
| Quality / Margins | 9.4% margin vs INDO's -173.0% | |
| Stability / Safety | Beta 0.57 vs NINE's 3.21 | |
| Dividends | 2.0% yield, 4-year raise streak, vs HAL's 1.8%, (2 stocks pay no dividend) | |
| Momentum (1Y) | +15.1% vs INDO's +19.8% | |
| Efficiency (ROA) | 6.5% ROA vs INDO's -40.4%, ROIC 12.1% vs -31.5% |
INDO vs SLB vs HAL vs WTTR vs NINE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
INDO vs SLB vs HAL vs WTTR vs NINE — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
SLB leads in 3 of 6 categories
WTTR leads 1 • NINE leads 1 • INDO leads 0 • HAL leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
SLB leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SLB is the larger business by revenue, generating $35.7B annually — 8060.3x INDO's $4M. SLB is the more profitable business, keeping 9.4% of every revenue dollar as net income compared to INDO's -173.0%. On growth, INDO holds the edge at +45.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $4M | $35.7B | $22.2B | $1.4B | $571M |
| EBITDAEarnings before interest/tax | -$6M | $7.4B | $3.4B | $217M | $61M |
| Net IncomeAfter-tax profit | -$8M | $3.4B | $1.5B | $22M | -$41M |
| Free Cash FlowCash after capex | -$6M | $4.8B | $1.7B | -$95M | -$7M |
| Gross MarginGross profit ÷ Revenue | -10.7% | +18.2% | +15.3% | +18.2% | +11.5% |
| Operating MarginEBIT ÷ Revenue | -173.4% | +15.3% | +11.3% | +2.3% | +2.0% |
| Net MarginNet income ÷ Revenue | -173.0% | +9.4% | +6.9% | +1.5% | -7.2% |
| FCF MarginFCF ÷ Revenue | -146.4% | +13.4% | +7.6% | -6.8% | -1.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +45.4% | +5.0% | -0.3% | -2.3% | -4.4% |
| EPS Growth (YoY)Latest quarter vs prior year | -7.3% | -31.2% | +129.2% | -4.4% | -34.6% |
Valuation Metrics
WTTR leads this category, winning 2 of 6 comparable metrics.
Valuation Metrics
At 22.6x trailing earnings, SLB trades at a 73% valuation discount to WTTR's 84.1x P/E. On an enterprise value basis, WTTR's 10.7x EV/EBITDA is more attractive than NINE's 337.0x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $47M | $79.6B | $32.7B | $1.9B | $427M |
| Enterprise ValueMkt cap + debt − cash | $43M | $88.9B | $38.6B | $2.2B | $791M |
| Trailing P/EPrice ÷ TTM EPS | -5.06x | 22.57x | 26.09x | 84.10x | -7.88x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 19.79x | 16.85x | 41.66x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | — | 12.07x | 11.37x | 10.70x | 337.01x |
| Price / SalesMarket cap ÷ Revenue | 17.64x | 2.23x | 1.47x | 1.34x | — |
| Price / BookPrice ÷ Book value/share | 1.75x | 2.89x | 3.13x | 1.88x | — |
| Price / FCFMarket cap ÷ FCF | — | 16.60x | 19.55x | — | — |
Profitability & Efficiency
SLB leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
HAL delivers a 14.6% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $-50 for INDO. INDO carries lower financial leverage with a 0.05x debt-to-equity ratio, signaling a more conservative balance sheet compared to HAL's 0.77x. On the Piotroski fundamental quality scale (0–9), HAL scores 5/9 vs NINE's 1/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -49.7% | +13.9% | +14.6% | +2.2% | — |
| ROA (TTM)Return on assets | -40.4% | +6.5% | +6.1% | +1.3% | -11.5% |
| ROICReturn on invested capital | -31.5% | +12.1% | +10.2% | +2.3% | +0.7% |
| ROCEReturn on capital employed | -32.9% | +14.3% | +11.6% | +2.9% | +0.9% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 4 | 5 | 3 | 1 |
| Debt / EquityFinancial leverage | 0.05x | 0.45x | 0.77x | 0.40x | — |
| Net DebtTotal debt minus cash | -$4M | $9.3B | $5.9B | $356M | $364M |
| Cash & Equiv.Liquid assets | $5M | $3.0B | $2.2B | $18M | $18M |
| Total DebtShort + long-term debt | $881,639 | $12.3B | $8.1B | $374M | $383M |
| Interest CoverageEBIT ÷ Interest expense | — | 9.40x | 9.19x | 1.54x | 0.24x |
Total Returns (Dividends Reinvested)
NINE leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NINE five years ago would be worth $48,522 today (with dividends reinvested), compared to $5,793 for INDO. Over the past 12 months, NINE leads with a +1505.8% total return vs INDO's +19.8%. The 3-year compound annual growth rate (CAGR) favors NINE at 35.7% vs INDO's -12.6% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | 0.0% | +32.7% | +32.8% | +52.9% | +2682.5% |
| 1-Year ReturnPast 12 months | +19.8% | +61.8% | +105.6% | +134.2% | +1505.8% |
| 3-Year ReturnCumulative with dividends | -33.2% | +20.8% | +37.4% | +135.9% | +150.0% |
| 5-Year ReturnCumulative with dividends | -42.1% | +80.6% | +82.6% | +158.4% | +385.2% |
| 10-Year ReturnCumulative with dividends | -70.7% | -9.2% | +16.2% | +26.6% | -62.3% |
| CAGR (3Y)Annualised 3-year return | -12.6% | +6.5% | +11.2% | +33.1% | +35.7% |
Risk & Volatility
Evenly matched — INDO and NINE each lead in 1 of 2 comparable metrics.
Risk & Volatility
INDO is the less volatile stock with a -2.13 beta — it tends to amplify market swings less than NINE's 3.21 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NINE currently trades 96.3% from its 52-week high vs INDO's 36.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -2.13x | 0.87x | 0.57x | 1.09x | 3.21x |
| 52-Week HighHighest price in past year | $8.50 | $57.20 | $42.46 | $17.95 | $10.23 |
| 52-Week LowLowest price in past year | $2.25 | $31.64 | $19.22 | $7.20 | $0.00 |
| % of 52W HighCurrent price vs 52-week peak | +36.9% | +92.7% | +92.2% | +93.7% | +96.3% |
| RSI (14)Momentum oscillator 0–100 | 42.4 | 57.9 | 55.7 | 69.4 | 82.9 |
| Avg Volume (50D)Average daily shares traded | 3.0M | 16.3M | 15.0M | 1.7M | 125K |
Analyst Outlook
SLB leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: SLB as "Buy", HAL as "Buy", WTTR as "Buy", NINE as "Hold". Consensus price targets imply 82.7% upside for NINE (target: $18) vs -5.2% for HAL (target: $37). For income investors, SLB offers the higher dividend yield at 2.03% vs HAL's 1.76%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | — | $56.95 | $37.08 | $16.00 | $18.00 |
| # AnalystsCovering analysts | — | 66 | 64 | 14 | 9 |
| Dividend YieldAnnual dividend ÷ price | — | +2.0% | +1.8% | +1.9% | — |
| Dividend StreakConsecutive years of raises | — | 4 | 4 | 3 | 1 |
| Dividend / ShareAnnual DPS | — | $1.08 | $0.69 | $0.32 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +3.0% | +3.1% | +0.4% | 0.0% |
SLB leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). WTTR leads in 1 (Valuation Metrics). 1 tied.
INDO vs SLB vs HAL vs WTTR vs NINE: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is INDO or SLB or HAL or WTTR or NINE a better buy right now?
For growth investors, SLB N.
V. (SLB) is the stronger pick with -1. 6% revenue growth year-over-year, versus -100. 0% for Nine Energy Service, Inc. (NINE). SLB N. V. (SLB) offers the better valuation at 22. 6x trailing P/E (19. 8x forward), making it the more compelling value choice. Analysts rate SLB N. V. (SLB) a "Buy" — based on 66 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — INDO or SLB or HAL or WTTR or NINE?
On trailing P/E, SLB N.
V. (SLB) is the cheapest at 22. 6x versus Select Water Solutions, Inc. at 84. 1x. On forward P/E, Halliburton Company is actually cheaper at 16. 8x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — INDO or SLB or HAL or WTTR or NINE?
Over the past 5 years, Nine Energy Service, Inc.
(NINE) delivered a total return of +385. 2%, compared to -42. 1% for Indonesia Energy Corporation Limited (INDO). Over 10 years, the gap is even starker: WTTR returned +26. 6% versus INDO's -70. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — INDO or SLB or HAL or WTTR or NINE?
By beta (market sensitivity over 5 years), Indonesia Energy Corporation Limited (INDO) is the lower-risk stock at -2.
13β versus Nine Energy Service, Inc. 's 3. 21β — meaning NINE is approximately -251% more volatile than INDO relative to the S&P 500. On balance sheet safety, Indonesia Energy Corporation Limited (INDO) carries a lower debt/equity ratio of 5% versus 77% for Halliburton Company — giving it more financial flexibility in a downturn.
05Which is growing faster — INDO or SLB or HAL or WTTR or NINE?
By revenue growth (latest reported year), SLB N.
V. (SLB) is pulling ahead at -1. 6% versus -100. 0% for Nine Energy Service, Inc. (NINE). On earnings-per-share growth, the picture is similar: Nine Energy Service, Inc. grew EPS -12. 6% year-over-year, compared to -138. 5% for Indonesia Energy Corporation Limited. Over a 3-year CAGR, SLB leads at 8. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — INDO or SLB or HAL or WTTR or NINE?
SLB N.
V. (SLB) is the more profitable company, earning 9. 4% net margin versus -237. 8% for Indonesia Energy Corporation Limited — meaning it keeps 9. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SLB leads at 15. 3% versus -222. 4% for INDO. At the gross margin level — before operating expenses — SLB leads at 18. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is INDO or SLB or HAL or WTTR or NINE more undervalued right now?
On forward earnings alone, Halliburton Company (HAL) trades at 16.
8x forward P/E versus 41. 7x for Select Water Solutions, Inc. — 24. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NINE: 82. 7% to $18. 00.
08Which pays a better dividend — INDO or SLB or HAL or WTTR or NINE?
In this comparison, SLB (2.
0% yield), WTTR (1. 9% yield), HAL (1. 8% yield) pay a dividend. INDO, NINE do not pay a meaningful dividend and should not be held primarily for income.
09Is INDO or SLB or HAL or WTTR or NINE better for a retirement portfolio?
For long-horizon retirement investors, Indonesia Energy Corporation Limited (INDO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -2.
13)). Nine Energy Service, Inc. (NINE) carries a higher beta of 3. 21 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (INDO: -70. 7%, NINE: -62. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between INDO and SLB and HAL and WTTR and NINE?
These companies operate in different sectors (INDO (Energy) and SLB (Energy) and HAL (Energy) and WTTR (Utilities) and NINE (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
SLB, HAL, WTTR pay a dividend while INDO, NINE do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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