Halliburton Company $(HAL)$ announced its second quarter 2025 financial results, reporting a net income of $472 million, or $0.55 per diluted share. This marks an increase from the first quarter of 2025, where the net income was $204 million, or $0.24 per diluted share. The total revenue for the second quarter was $5.5 billion, a slight rise from $5.4 billion in the previous quarter. Operating income for the second quarter stood at $727 million, up from $431 million in the first quarter. In the Completion and Production segment, revenue for the second quarter was $3.2 billion, representing a 2% increase compared to the first quarter. However, operating income in this segment decreased by 3% to $513 million. The Europe/Africa region experienced a 6% sequential revenue increase, driven primarily by higher activity in Norway, while the Middle East/Asia region saw a 4% sequential decrease in revenue due to reduced activity in Saudi Arabia and Kuwait. During the second quarter, Halliburton repurchased approximately $250 million of its common stock. The company noted that while some international markets may experience activity reductions, its growth strategy remains focused on unconventionals, drilling, production services, and artificial lift. CEO Jeff Miller emphasized the company's technological advantages and service execution as key drivers in the North American market.