Halliburton Company reports recurring developments across its oilfield services business, including earnings releases, regional activity in North America and international markets, and customer awards for drilling, completions, stimulation and well construction services. The company’s updates often address hydraulic fracturing, artificial lift, fluids, cementing, completion tools and integrated project execution for energy producers.
Halliburton news also covers digital and automated well construction technologies, including LOGIX, EarthStar, ZEUS electric fracturing, OCTIV digital fracturing services and DrillTronics from Sekal. Other recurring themes include strategic collaborations with operators and research organizations, expansion of unconventional completions work, and Halliburton Labs activity with early-stage energy and climate technology companies.
Halliburton (NYSE: HAL) reported third-quarter 2026 net income attributable to the company of $417 million, down from the second quarter. Diluted earnings per share fell to $0.50 from $0.64, while adjusted earnings per share rose to $0.60 from $0.55. Revenue was $5.7 billion, flat sequentially. Operating income declined to $624 million from $778 million; adjusted operating income increased to $731 million from $683 million.
Completion and Production revenue fell 4% sequentially, while Drilling and Evaluation revenue rose 4%. North America revenue declined 5%; international revenue increased 3%. Operating cash flow was $368 million, free cash flow was $156 million, and share repurchases totaled approximately $250 million. Halliburton’s early 2027 outlook calls for mid-single digit revenue growth and operating margins of about 15%, an approximately 200 basis point improvement.
Halliburton (HAL) appointed David Hernandez to its board of directors to serve until its 2027 Annual Meeting of Shareholders. He will be subject to annual shareholder election thereafter. Hernandez is president of Hunt Consolidated, where he helps guide capital allocation and business priorities and oversees corporate functions. He has spent more than 18 years with the Hunt family of companies.
Halliburton (HAL) signed memorandums of understanding with Eneva and WESCA to support energy development opportunities in Venezuela’s oil and gas sector.
Halliburton and Eneva will jointly identify and pursue development projects in Venezuela, building on their existing collaboration in Brazil. Under the agreement with WESCA, Halliburton will support field evaluation and development planning, leveraging digital technologies and subsurface interpretation. The arrangements emphasize Halliburton’s nearly nine decades of experience, local bases, and operational capabilities in Venezuela.
Halliburton (HAL) will host a conference call on Tuesday, October 20, 2026, at 8:00 a.m. CT (9:00 a.m. ET) to discuss its third quarter 2026 financial results.
The earnings press release will be issued prior to the call and posted on the Halliburton website, where investors can listen via live webcast. A recorded version of the webcast will be available for seven days after the call using the same link.
Halliburton (HAL) has secured a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development in Block 6 of Cyprus’ Exclusive Economic Zone.
The multi-year contract covers integrated drilling, well construction, LOGIX™ automation, cementing, testing, coiled tubing and remote operations. Halliburton will execute the work using its existing infrastructure and regional capabilities in Cyprus, which the company says provide logistical advantages and support reliable campaign execution. The Cronos project is described as a platform for future deepwater development in the Eastern Mediterranean.
Halliburton (NYSE: HAL) reported an integrated contract award from bp for the first appraisal campaign in the Bumerangue field, offshore deepwater Brazil. The deal covers drilling and evaluation services using Halliburton’s integrated execution model, LOGIX™ automation, remote operations, data, AI, and advanced drilling technologies to improve reservoir appraisal efficiency.
Halliburton (NYSE: HAL) announced that its board of directors has declared a 2026 third-quarter dividend of $0.17 per share on its common stock. The dividend is payable on September 23, 2026, to shareholders of record as of the close of business on September 2, 2026.
Halliburton Labs (NYSE: HAL) added three early-stage companies—Electroflow, Osmoses, and SiTration—to its collaborative ecosystem to help accelerate commercialization and industrial scale-up of hard-tech energy solutions. The ventures target bottlenecks in battery materials, resource recovery, and industrial gas separations.
Electroflow develops a three-step platform to produce LFP cathode material directly from lithium brines, supporting domestic battery supply chains. Osmoses offers membrane technology to cut energy use, cost, and emissions in gas separations. SiTration applies electro-extraction and filtration to recover market-grade copper and other metals from mining waste, addressing an estimated $500 billion in global copper resources in waste streams. Halliburton Labs provides expertise, facilities, and networks to help such ventures scale.
Halliburton (NYSE: HAL) received a multi-year agreement from Kuwait Oil Company to support development of the Ahmadi Innovation Valley, a flagship initiative for Kuwait’s energy-sector transformation. The upstream research and development center will focus on brownfield, greenfield, and unconventional fields and Kuwait-specific operational challenges.
Halliburton will execute a tailored program of projects using its digital technologies, data analysis, and artificial intelligence across the full field lifecycle, from concept to commercialization. According to Halliburton, the program aims to enhance KOC asset performance, accelerate decision-making, and build in-country capability for long-term growth and innovation.
Halliburton (NYSE: HAL) reported second quarter 2026 net income of $534 million, or $0.64 per diluted share, versus $461 million, or $0.55, in the first quarter. Adjusted net income was $461 million, or $0.55 per diluted share. Revenue rose to $5.7 billion from $5.4 billion, with operating income increasing to $778 million and adjusted operating income to $683 million. Reported operating margin was 14% and adjusted operating margin 12%.
The Completion and Production segment generated $3.2 billion of revenue and $474 million of operating income, up 6% and 8% sequentially. Drilling and Evaluation revenue grew 5% to $2.5 billion, while operating income declined 4% to $338 million due to lower software sales. Cash flow from operations was $824 million and free cash flow $668 million. Halliburton repurchased about $200 million of stock and paid a $0.17 per-share dividend. The company highlighted multiple multi-year contracts with Aramco, new integrated well construction awards, an acquisition of InformatiQ AS, and several new technology launches.