Oil & Gas Equipment & Services
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5 / 10Stock Comparison
TDW vs SLB vs HAL vs OII vs BKR
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Equipment & Services
Oil & Gas Equipment & Services
Oil & Gas Equipment & Services
Oil & Gas Equipment & Services
TDW vs SLB vs HAL vs OII vs BKR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Oil & Gas Equipment & Services | Oil & Gas Equipment & Services | Oil & Gas Equipment & Services | Oil & Gas Equipment & Services | Oil & Gas Equipment & Services |
| Market Cap | $3.87B | $79.62B | $32.68B | $3.65B | $63.00B |
| Revenue (TTM) | $1.35B | $35.71B | $22.17B | $2.80B | $27.89B |
| Net Income (TTM) | $298M | $3.35B | $1.54B | $339M | $3.12B |
| Gross Margin | 22.4% | 18.2% | 15.3% | 20.0% | 23.6% |
| Operating Margin | 20.0% | 15.3% | 11.3% | 10.3% | 25.3% |
| Forward P/E | 19.8x | 19.8x | 16.8x | 20.5x | 26.5x |
| Total Debt | $655M | $12.31B | $8.13B | $487M | $7.14B |
| Cash & Equiv. | $579M | $3.04B | $2.21B | $689M | $3.71B |
TDW vs SLB vs HAL vs OII vs BKR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Tidewater Inc. (TDW) | 100 | 1632.3 | +1532.3% |
| SLB N.V. (SLB) | 100 | 287.2 | +187.2% |
| Halliburton Company (HAL) | 100 | 333.0 | +233.0% |
| Oceaneering Interna… (OII) | 100 | 569.8 | +469.8% |
| Baker Hughes Company (BKR) | 100 | 384.8 | +284.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TDW vs SLB vs HAL vs OII vs BKR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TDW is the #2 pick in this set and the best alternative if sleep-well-at-night is your priority.
- Lower volatility, beta 0.74, Low D/E 48.1%, current ratio 2.90x
- 22.2% margin vs HAL's 6.9%
- 13.4% ROA vs HAL's 6.1%, ROIC 15.2% vs 10.2%
SLB ranks third and is worth considering specifically for income & stability.
- Dividend streak 4 yrs, beta 0.87, yield 2.0%
- 2.0% yield, 4-year raise streak, vs HAL's 1.8%, (2 stocks pay no dividend)
HAL carries the broadest edge in this set and is the clearest fit for defensive.
- Beta 0.57, yield 1.8%, current ratio 2.04x
- Lower P/E (16.8x vs 26.5x)
- Beta 0.57 vs OII's 1.06
- +105.6% vs SLB's +61.8%
OII is the clearest fit if your priority is growth exposure.
- Rev growth 4.6%, EPS growth 142.4%, 3Y rev CAGR 10.5%
- 4.6% revenue growth vs HAL's -3.3%
BKR is the clearest fit if your priority is long-term compounding.
- 186.8% 10Y total return vs OII's 16.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 4.6% revenue growth vs HAL's -3.3% | |
| Value | Lower P/E (16.8x vs 26.5x) | |
| Quality / Margins | 22.2% margin vs HAL's 6.9% | |
| Stability / Safety | Beta 0.57 vs OII's 1.06 | |
| Dividends | 2.0% yield, 4-year raise streak, vs HAL's 1.8%, (2 stocks pay no dividend) | |
| Momentum (1Y) | +105.6% vs SLB's +61.8% | |
| Efficiency (ROA) | 13.4% ROA vs HAL's 6.1%, ROIC 15.2% vs 10.2% |
TDW vs SLB vs HAL vs OII vs BKR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
TDW vs SLB vs HAL vs OII vs BKR — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
BKR leads in 2 of 6 categories
TDW leads 1 • OII leads 1 • SLB leads 1 • HAL leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
BKR leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SLB is the larger business by revenue, generating $35.7B annually — 26.5x TDW's $1.3B. TDW is the more profitable business, keeping 22.2% of every revenue dollar as net income compared to HAL's 6.9%. On growth, SLB holds the edge at +5.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.3B | $35.7B | $22.2B | $2.8B | $27.9B |
| EBITDAEarnings before interest/tax | $477M | $7.4B | $3.4B | $394M | $4.5B |
| Net IncomeAfter-tax profit | $298M | $3.4B | $1.5B | $339M | $3.1B |
| Free Cash FlowCash after capex | $282M | $4.8B | $1.7B | $240M | $2.6B |
| Gross MarginGross profit ÷ Revenue | +22.4% | +18.2% | +15.3% | +20.0% | +23.6% |
| Operating MarginEBIT ÷ Revenue | +20.0% | +15.3% | +11.3% | +10.3% | +25.3% |
| Net MarginNet income ÷ Revenue | +22.2% | +9.4% | +6.9% | +12.1% | +11.2% |
| FCF MarginFCF ÷ Revenue | +20.9% | +13.4% | +7.6% | +8.6% | +9.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | -2.2% | +5.0% | -0.3% | +2.7% | +2.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -85.5% | -31.2% | +129.2% | -26.5% | +132.5% |
Valuation Metrics
TDW leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 10.5x trailing earnings, OII trades at a 60% valuation discount to HAL's 26.1x P/E. On an enterprise value basis, TDW's 7.1x EV/EBITDA is more attractive than BKR's 14.0x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $3.9B | $79.6B | $32.7B | $3.6B | $63.0B |
| Enterprise ValueMkt cap + debt − cash | $3.9B | $88.9B | $38.6B | $3.4B | $66.4B |
| Trailing P/EPrice ÷ TTM EPS | 11.73x | 22.57x | 26.09x | 10.48x | 24.43x |
| Forward P/EPrice ÷ next-FY EPS est. | 19.79x | 19.79x | 16.85x | 20.47x | 26.48x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 7.15x | 12.07x | 11.37x | 8.47x | 14.00x |
| Price / SalesMarket cap ÷ Revenue | 2.86x | 2.23x | 1.47x | 1.31x | 2.27x |
| Price / BookPrice ÷ Book value/share | 2.86x | 2.89x | 3.13x | 3.44x | 3.32x |
| Price / FCFMarket cap ÷ FCF | 10.96x | 16.60x | 19.55x | 17.55x | 24.83x |
Profitability & Efficiency
OII leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
OII delivers a 34.3% return on equity — every $100 of shareholder capital generates $34 in annual profit, vs $14 for SLB. BKR carries lower financial leverage with a 0.38x debt-to-equity ratio, signaling a more conservative balance sheet compared to HAL's 0.77x. On the Piotroski fundamental quality scale (0–9), TDW scores 8/9 vs SLB's 4/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +23.8% | +13.9% | +14.6% | +34.3% | +16.1% |
| ROA (TTM)Return on assets | +13.4% | +6.5% | +6.1% | +13.3% | +7.3% |
| ROICReturn on invested capital | +15.2% | +12.1% | +10.2% | +23.4% | +12.7% |
| ROCEReturn on capital employed | +15.2% | +14.3% | +11.6% | +17.7% | +13.6% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 4 | 5 | 7 | 6 |
| Debt / EquityFinancial leverage | 0.48x | 0.45x | 0.77x | 0.45x | 0.38x |
| Net DebtTotal debt minus cash | $76M | $9.3B | $5.9B | -$201M | $3.4B |
| Cash & Equiv.Liquid assets | $579M | $3.0B | $2.2B | $689M | $3.7B |
| Total DebtShort + long-term debt | $655M | $12.3B | $8.1B | $487M | $7.1B |
| Interest CoverageEBIT ÷ Interest expense | 4.05x | 9.40x | 9.19x | 7.65x | 9.68x |
Total Returns (Dividends Reinvested)
BKR leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TDW five years ago would be worth $55,614 today (with dividends reinvested), compared to $18,062 for SLB. Over the past 12 months, HAL leads with a +105.6% total return vs SLB's +61.8%. The 3-year compound annual growth rate (CAGR) favors BKR at 33.1% vs SLB's 6.5% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +49.1% | +32.7% | +32.8% | +47.2% | +35.7% |
| 1-Year ReturnPast 12 months | +97.5% | +61.8% | +105.6% | +99.0% | +77.5% |
| 3-Year ReturnCumulative with dividends | +81.9% | +20.8% | +37.4% | +115.9% | +136.0% |
| 5-Year ReturnCumulative with dividends | +456.1% | +80.6% | +82.6% | +137.5% | +175.3% |
| 10-Year ReturnCumulative with dividends | -67.7% | -9.2% | +16.2% | +16.7% | +186.8% |
| CAGR (3Y)Annualised 3-year return | +22.1% | +6.5% | +11.2% | +29.3% | +33.1% |
Risk & Volatility
Evenly matched — SLB and HAL each lead in 1 of 2 comparable metrics.
Risk & Volatility
HAL is the less volatile stock with a 0.57 beta — it tends to amplify market swings less than OII's 1.06 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SLB currently trades 92.7% from its 52-week high vs TDW's 83.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.74x | 0.87x | 0.57x | 1.06x | 0.83x |
| 52-Week HighHighest price in past year | $93.13 | $57.20 | $42.46 | $40.12 | $70.41 |
| 52-Week LowLowest price in past year | $38.24 | $31.64 | $19.22 | $18.31 | $35.83 |
| % of 52W HighCurrent price vs 52-week peak | +83.6% | +92.7% | +92.2% | +91.2% | +90.2% |
| RSI (14)Momentum oscillator 0–100 | 43.2 | 57.9 | 55.7 | 51.4 | 57.1 |
| Avg Volume (50D)Average daily shares traded | 852K | 16.3M | 15.0M | 1.2M | 9.1M |
Analyst Outlook
SLB leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: TDW as "Hold", SLB as "Buy", HAL as "Buy", OII as "Hold", BKR as "Buy". Consensus price targets imply 50.3% upside for TDW (target: $117) vs -9.8% for OII (target: $33). For income investors, SLB offers the higher dividend yield at 2.03% vs BKR's 1.44%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $117.00 | $56.95 | $37.08 | $33.00 | $72.00 |
| # AnalystsCovering analysts | 26 | 66 | 64 | 44 | 45 |
| Dividend YieldAnnual dividend ÷ price | — | +2.0% | +1.8% | — | +1.4% |
| Dividend StreakConsecutive years of raises | 0 | 4 | 4 | 0 | 4 |
| Dividend / ShareAnnual DPS | — | $1.08 | $0.69 | — | $0.92 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.3% | +3.0% | +3.1% | +1.2% | +0.6% |
BKR leads in 2 of 6 categories (Income & Cash Flow, Total Returns). TDW leads in 1 (Valuation Metrics). 1 tied.
TDW vs SLB vs HAL vs OII vs BKR: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TDW or SLB or HAL or OII or BKR a better buy right now?
For growth investors, Oceaneering International, Inc.
(OII) is the stronger pick with 4. 6% revenue growth year-over-year, versus -3. 3% for Halliburton Company (HAL). Oceaneering International, Inc. (OII) offers the better valuation at 10. 5x trailing P/E (20. 5x 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 — TDW or SLB or HAL or OII or BKR?
On trailing P/E, Oceaneering International, Inc.
(OII) is the cheapest at 10. 5x versus Halliburton Company at 26. 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 — TDW or SLB or HAL or OII or BKR?
Over the past 5 years, Tidewater Inc.
(TDW) delivered a total return of +456. 1%, compared to +80. 6% for SLB N. V. (SLB). Over 10 years, the gap is even starker: BKR returned +186. 8% versus TDW's -67. 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 — TDW or SLB or HAL or OII or BKR?
By beta (market sensitivity over 5 years), Halliburton Company (HAL) is the lower-risk stock at 0.
57β versus Oceaneering International, Inc. 's 1. 06β — meaning OII is approximately 86% more volatile than HAL relative to the S&P 500. On balance sheet safety, Baker Hughes Company (BKR) carries a lower debt/equity ratio of 38% versus 77% for Halliburton Company — giving it more financial flexibility in a downturn.
05Which is growing faster — TDW or SLB or HAL or OII or BKR?
By revenue growth (latest reported year), Oceaneering International, Inc.
(OII) is pulling ahead at 4. 6% versus -3. 3% for Halliburton Company (HAL). On earnings-per-share growth, the picture is similar: Oceaneering International, Inc. grew EPS 142. 4% year-over-year, compared to -47. 0% for Halliburton Company. Over a 3-year CAGR, TDW leads at 27. 8% 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 — TDW or SLB or HAL or OII or BKR?
Tidewater Inc.
(TDW) is the more profitable company, earning 24. 7% net margin versus 5. 8% for Halliburton Company — meaning it keeps 24. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TDW leads at 21. 4% versus 10. 2% for HAL. At the gross margin level — before operating expenses — TDW leads at 30. 8%, 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 TDW or SLB or HAL or OII or BKR more undervalued right now?
On forward earnings alone, Halliburton Company (HAL) trades at 16.
8x forward P/E versus 26. 5x for Baker Hughes Company — 9. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TDW: 50. 3% to $117. 00.
08Which pays a better dividend — TDW or SLB or HAL or OII or BKR?
In this comparison, SLB (2.
0% yield), HAL (1. 8% yield), BKR (1. 4% yield) pay a dividend. TDW, OII do not pay a meaningful dividend and should not be held primarily for income.
09Is TDW or SLB or HAL or OII or BKR better for a retirement portfolio?
For long-horizon retirement investors, Halliburton Company (HAL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
57), 1. 8% yield). Both have compounded well over 10 years (HAL: +16. 2%, OII: +16. 7%), 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 TDW and SLB and HAL and OII and BKR?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: TDW is a small-cap deep-value stock; SLB is a mid-cap quality compounder stock; HAL is a mid-cap quality compounder stock; OII is a small-cap deep-value stock; BKR is a mid-cap quality compounder stock. SLB, HAL, BKR pay a dividend while TDW, OII 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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