1001 ET - Halliburton expects declining sales in 1Q, as it works to rebalance supply to meet sluggish near-term demand. The oil-field service company guides for sales to fall 7% to 9% sequentially across its completion and production division during the current quarter, hurt in part by a slowdown in international activity. And revenue across Halliburton's drilling and evaluation unit is projected to fall 2% to 4% sequentially. CEO Jeff Miller sees 2026 as a rebalancing year, he says on a call with analysts. Longer-term, he expects business to accelerate as macroeconomic conditions improve, and international operations ramp up. Shares rise 4.4%. (connor.hart@wsj.com)
(END) Dow Jones Newswires
January 21, 2026 10:01 ET (15:01 GMT)
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