HOUSTON ( TheStreet) -- If you're looking for a stock with a history of beating earnings expectations, look no further than oil-services giant Halliburton ( HAL). Halliburton has beaten the Street in earnings in four consecutive quarters. Halliburton's recent earnings beats have not been by a huge margin, with the biggest beats coming in at 3 cents above consensus. Yet the earnings outperformance history coupled with the fact that the entire oil services sector has been beaten down as a result of the BP oil spill, could mean an earnings rally is on deck when Halliburton reports on Monday morning. Halliburton is not down nearly as much as oil stocks with direct liability exposure to the BP oil spill, including oil rig operator Transocean ( RIG) and integrated oil company Anadarko Petroleum ( APC). However, Halliburton has slipped from a 52-week high share price achieved on April 23 -- three days after the Transocean rig exploded and sank -- to just under $28 in Friday morning trading. The dip in Halliburton shares since the BP oil spill roughly equates to 20% of its market value. The Street is expecting Halliburton to report earnings of 36 cents on Monday morning. The Street consensus for Halliburton has ticked up in recent months, from 34 cents three months ago. Oil service analysts seem confident that Halliburton will again be the outperformer among its peer group. It's not just a play based on what has been arguably an overheated selloff in stocks like Halliburton due to the oil spill's impact on the entire sector. Analysts note that Halliburton is strongest in the U.S. land drilling market, and the recent activity in North American land drilling has been compelling. Alan Laws, oil services analyst at BMO Capital Markets, said that North American results will likely shine in the second quarter, with the U.S. rig count rising 12% quarter over quarter and shale play pumping demand at levels not seen since 2007/2008. Laws said that Halliburton has, more or less "telegraphed" strong North America results. "The land-based oil services stocks look cheap," Laws said. The BMO analyst noted that with expectations for Halliburton higher than they are for Baker Hughes ( BHI), Baker Hughes may be a good derivative trade to play off the Halliburton results, as Baker Hughes doesn't report until August 3. Nonetheless, "Halliburton will put up the strongest numbers of the group," Laws said.