Halliburton (NYSE:HAL) Issues Quarterly Earnings Results

Halliburton (NYSE:HAL) issued its quarterly earnings results on Tuesday. The oilfield services company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02, FiscalAI reports. Halliburton had a return on equity of 18.71% and a net margin of 7.16%. The business had revenue of $5.70 billion during the quarter, compared to the consensus estimate of $5.58 billion.

Halliburton Price Performance

Shares of NYSE HAL opened at $33.16 on Tuesday. The business’s 50 day moving average price is $34.21 and its 200 day moving average price is $36.11. The firm has a market cap of $27.63 billion, a P/E ratio of 14.14, a P/E/G ratio of 1.93 and a beta of 0.83. Halliburton has a 52 week low of $22.22 and a 52 week high of $43.59. The company has a quick ratio of 1.50, a current ratio of 2.02 and a debt-to-equity ratio of 0.64.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd were given a $0.17 dividend. The ex-dividend date was Wednesday, September 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 2.1%. Halliburton’s dividend payout ratio is currently 35.60%.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Adjusted net income was $501 million, or $0.60 per diluted share, above expectations. Halliburton also generated $156 million in free cash flow, repurchased approximately $250 million of stock, and paid a $0.17-per-share dividend. Halliburton Announces Third Quarter 2026 Results
• Positive Sentiment: International revenue rose 3% sequentially to $3.5 billion, and Drilling and Evaluation revenue increased 4% to $2.614 billion. The results underscore continued demand for international oilfield services. Halliburton tops third-quarter profit estimates on international oilfield demand
• Neutral Sentiment: Analyst support remains favorable but slightly less optimistic: Piper Sandler maintained an overweight rating while lowering its price target to $42 from $43, and BMO Capital reduced its target to $41 from $42. Piper Sandler Adjusts Price Target on Halliburton
• Neutral Sentiment: Unusually heavy call-option activity before earnings indicated increased bullish speculation, but options activity does not necessarily reflect sustained institutional conviction.
• Negative Sentiment: Revenue was essentially flat sequentially, while total operating income fell to $624 million from $778 million. Completion and Production revenue declined 4%, and North American revenue dropped 5% to $2.2 billion, highlighting weakness in the company’s largest pressure-pumping market.
• Negative Sentiment: Reported net income declined to $417 million, or $0.50 per diluted share, from $534 million, or $0.64, in the prior quarter. A $107 million pretax impairment and other-charge expense further reduced reported results. Halliburton Posts Third-Quarter Revenue and Net Income
• Negative Sentiment: Insiders reported 11 open-market sales and no purchases over the past six months. Although such transactions can be routine, the absence of insider buying may reinforce caution following the earnings release.

Insiders Place Their Bets

In other Halliburton news, COO Jeffrey Slocum sold 52,572 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $35.09, for a total transaction of $1,844,751.48. Following the completion of the transaction, the chief operating officer directly owned 118,730 shares of the company’s stock, valued at approximately $4,166,235.70. This trade represents a 30.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Piper Sandler cut their price objective on shares of Halliburton from $43.00 to $42.00 and set an “overweight” rating on the stock in a report on Monday. Evercore reiterated an “outperform” rating and issued a $43.00 target price on shares of Halliburton in a research note on Wednesday, July 22nd. Wolfe Research initiated coverage on shares of Halliburton in a research report on Wednesday, July 8th. They set a “peer perform” rating on the stock. TD Cowen dropped their target price on shares of Halliburton from $48.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, July 22nd. Finally, Barclays cut their price target on shares of Halliburton from $55.00 to $53.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $44.05.

Halliburton Company Profile

Halliburton Company (NYSE: HAL) is a global provider of products and services for the energy industry. The company supports the exploration, development, and production of oil and natural gas through technologies and services used throughout the life cycle of a well.

Halliburton operates through two primary business segments: Completion and Production, and Drilling and Evaluation. Its offerings include cementing, stimulation, well completion, production enhancement, drilling services, drilling fluids, well testing, wireline and perforating services, formation evaluation, and project management.