Halliburton (NYSE:HAL) Posts Earnings Results, Beats Expectations By $0.02 EPS

Halliburton (NYSE:HAL) announced its quarterly earnings results on Tuesday. The oilfield services company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.58 billion.

Halliburton Stock Down 1.0%

Shares of NYSE HAL opened at $33.16 on Tuesday. The firm has a market cap of $27.63 billion, a price-to-earnings ratio of 17.36, a PEG ratio of 1.93 and a beta of 0.83. 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 has a 52-week low of $22.22 and a 52-week high of $43.59. The business’s 50 day moving average is $34.21 and its two-hundred day moving average is $36.11.

Halliburton Announces Dividend

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

Analysts Set New Price Targets

HAL has been the subject of several research reports. Susquehanna lowered their price target on shares of Halliburton from $45.00 to $42.00 and set a “positive” rating for the company in a research report on Wednesday, July 8th. UBS Group upped their price objective on shares of Halliburton from $39.00 to $42.00 and gave the company a “neutral” rating in a report on Monday, September 14th. TD Cowen reduced their price objective on Halliburton from $48.00 to $47.00 and set a “buy” rating for the company in a research note on Wednesday, July 22nd. Evercore reissued an “outperform” rating and issued a $43.00 price objective on shares of Halliburton in a report on Wednesday, July 22nd. Finally, BMO Capital Markets set a $37.00 price objective on shares of Halliburton in a research report on Wednesday, July 22nd. Seventeen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $44.05.

Insider Buying and Selling at Halliburton

In related news, COO Jeffrey Slocum sold 52,572 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $35.09, for a total transaction of $1,844,751.48. Following the transaction, the chief operating officer owned 118,730 shares of the company’s stock, valued at approximately $4,166,235.70. This represents a 30.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.57% of the company’s stock.

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.

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.