Halliburton 2Q Profit Climbs with Higher Revenue

Dow Jones
07/21
 
 

Halliburton logged higher earnings and revenue in the second quarter thanks to gains in both its North American and overseas markets.

The Houston oil-services company posted a profit of $534 million, or 64 cents a share, compared with $472 million, or 55 cents a share, in the same quarter a year earlier.

Stripping out one-time items, adjusted earnings were 55 cents a share, a penny above the consensus estimate of analysts polled by FactSet.

Revenue rose 3.7% to $5.71 billion, ahead of analyst estimates for $5.5 billion. The company notched gains in its completion-and-production unit as well as its drilling-and-evaluation unit.

Chief Executive Jeff Miller said the company has a strong pipeline of opportunities in its international markets and saw an encouraging recovery in North America during the second quarter.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

July 21, 2026 07:56 ET (11:56 GMT)

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