Halliburton 2Q Profit Climbs with Higher Revenue

Dow Jones
Jul 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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