Company Reports

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. It made a historic bet on US shale, which ensured its position as North America’s premier oilfield-services company. The company tailors its pressure pumping solutions to drive down producers’ development costs.

Halliburton's sales rose nearly 4% year on year to $5.7 billion, led by its drilling and evaluation segment. Higher drilling-related services and wireline activity in certain regions drove sales higher. Sales in that segment drove operating margin to increase 10 basis points to 13.5%.

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. It made a historic bet on US shale, which ensured its position as North America’s premier oilfield-services company. The company tailors its pressure pumping solutions to drive down producers’ development costs.

Halliburton posted results in line with what we expected, adjusted for impacts related to the Iran war. Revenue of $5.4 billion was flat year on year, though adjusted operating margin declined nearly 2%. Drilling and evaluation and international revenue rose 4% and 3% year on year, respectively.

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. It made a historic bet on US shale, which ensured its position as North America’s premier oilfield-services company. The company tailors its pressure pumping solutions to drive down producers’ development costs.

Over the March 14-15 weekend, the US conducted large-scale strikes on Kharg Island, according to NBC News. The island houses Iran's critical crude export terminal, which ships over 90% of Iran's crude exports. We understand that the strikes focused on military targets and avoided oil infrastructure.

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. It made a historic bet on US shale, which ensured its position as North America’s premier oilfield-services company. The company tailors its pressure pumping solutions to drive down producers’ development costs.

Halliburton reported third-quarter revenue of $5.66 billion, up roughly 1% year on year and 1% sequentially, while the adjusted operating margin of 15% was a surprise to the upside. The stock rose 3% during the trading day, which we attribute to both results and management's commentary.

On the morning of Jan. 3, 2026, US forces deposed Venezuelan leader Nicolas Maduro. US President Donald Trump indicated the US will run Venezuela until there can be a "proper transition" and has highlighted his desire to substantially increase US private investment in Venezuela's oil infrastructure.

In the third quarter, Halliburton's sales declined 2% year on year but rose 2% sequentially to $5.6 billion, while segment operating margin rose over 40 basis points to 15.4%. The firm took a pretax charge of $392 million, nearly half of which was tied to severance costs. Shares rose 11% intraday.

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. It made a historic bet on US shale, which ensured its position as North America’s premier oilfield-services company. The company tailors its pressure pumping solutions to drive down producers’ development costs.

We've updated our midcycle oil price assumption. Our 10-year forecast marries our bullish in-house oil demand view with Rystad's supply projections, which aligns with our revised, long-term take.

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. The company made a historic bet on US shale, which ensured its position as North America’s premier oilfield services company. The company tailors its pressure-pumping solutions to drive down producers’ development costs.

Halliburton's second-quarter revenue of $5.51 billion represented a 2% sequential increase. Still, adjusted operating margins declined over 130 basis points sequentially to 13.2%. In turn, management's commentary toward the second half turned more tepid than it initially signaled.

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. The company made a historic bet on US shale, which ensured its position as North America’s premier oilfield services company. The company tailors its pressure-pumping solutions to drive down producers’ development costs.

Halliburton's first-quarter print saw revenue decline 3% sequentially to $5.4 billion, while adjusted operating margin declined 210 basis points to 14.5%. These are Halliburton's lowest sales and margin figures since 2022.

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. The company made a historic bet on US shale, which ensured its position as North America’s premier oilfield services company. The company tailors its pressure-pumping solutions to drive down producers’ development costs.

President Donald Trump instituted a 90-day pause on his reciprocal tariff plan, but accelerated the tariffs imposed on China up to 145%. In response, China hiked new duties on US shipments to 125%.

After a century of operations, Halliburton is the world’s premier wellbore engineering firm. The company made a historic bet on US shale, which ensured its position as North America’s premier oilfield services company. The company tailors its pressure-pumping solutions to drive down producers’ development costs.

President Trump unveiled a broad new tariff plan. The plan calls for a 10% baseline tariff on all imports. China will face higher tariffs. The Organization of the Petroleum Exporting Countries and partners, or OPEC+, will also raise crude production by 411,000 barrels per day in May.