HAL expands its Venezuela push through Eneva and WESCA agreements, targeting energy development and field evaluation opportunities.
Halliburton's fundamentals are strained by a persistent downcycle, with gross margins contracting 520 basis points from 19.3% in Q2 2024 to 14.1% in Q2 2026, reflecting pricing pressure and negative operating leverage. Revenue has plateaued near $5.7B, and ear...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has been flat around $5.7B, but gross margin has eroded from 19.3% in Q2 2024 to 14.1% in Q2 2026, with operating income down 22% over the same period.
Halliburton has a history of pioneering technologies like the cement jet mixer and continues to drive innovation in oilfield services.
Vanguard Group holds a significant 12.38% stake, indicating institutional confidence in Halliburton's long-term prospects.
Michael Burry's Scion Asset Management has built a $96M position, marking his largest energy bet since 2018.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 21, 2026 | $0.55+2.2% vs $0.54 | $5.7B+4.0% vs $5.5B |
Q2 2026 Apr 21, 2026 | $0.55+10.3% vs $0.50 | $5.4B+1.8% vs $5.3B |
Q1 2026 Jan 21, 2026 | $0.69+25.2% vs $0.55 | $5.7B+4.6% vs $5.4B |
Q4 2025 Oct 21, 2025 | $0.58+16.3% vs $0.50 | $5.6B+3.9% vs $5.4B |
HAL expands its Venezuela push through Eneva and WESCA agreements, targeting energy development and field evaluation opportunities.
Halliburton has signed memorandums of understanding with Brazilian energy company Eneva and WESCA to pursue oil and gas development opportunities in Venezuela, the U.S. oilfield services provider said on Monday, as companies seek a potential revival of investment in the country's long-underdeveloped energy sector

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) announced the signing of memorandums of understanding (MOUs) with Eneva and WESCA to support energy development opportunities in Venezuela and help customers advance projects in the country's oil and gas sector. With nearly nine decades of experience in Venezuela, Halliburton helps customers advance projects through strategically located bases in the country and by established operational capabilities and local expertise. Halliburton and Eneva,.

Corient Private Wealth LP decreased its stake in Halliburton Company (NYSE: HAL) by 57.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 203,252 shares of the oilfield services company's stock after selling 278,488 shares during the quarter. Corient Private Wealth LP's holdings
Benchmark HAL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Halliburton Company (HAL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $32.85 | $27.44B | 21.90 | -3.31% | 5.78% | 12.19% | 2.1% | |
| $52.12 | $77.92B | 22.18 | -1.6% | 8.46% | 11.31% | — | |
| $57.26 | $56.84B | 22.02 | -0.34% | 11.17% | 16.11% | — | |
| $84.00 | $6.02B | 14.17 | -10.79% | 7.66% | 21.49% | — | |
| $5.72 | $1.27B | 38.13 | 14.95% | 1.28% | 2.07% | — | |
| $53.35 | $140.02M | 6.17 | 13.64% | 8.46% | 11.07% | — |
Halliburton Company (HAL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Halliburton Company (HAL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 21, 2026·SEC
Jun 29, 2026·SEC
May 20, 2026·SEC
Get notified when HAL posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Halliburton Company (HAL) stock FAQ — growth, dividends, profitability & financials explained
Halliburton Company (HAL) reported $22.37B in revenue for fiscal year 2025. This represents a 60% increase from $13.95B in 1996.
Halliburton Company (HAL) saw revenue decline by 3.3% over the past year.
Yes, Halliburton Company (HAL) is profitable, generating $1.60B in net income for fiscal year 2025 (5.8% net margin).
Yes, Halliburton Company (HAL) pays a dividend with a yield of 2.10%. This makes it attractive for income-focused investors.
Halliburton Company (HAL) has a return on equity (ROE) of 12.2%. This is reasonable for most industries.
Halliburton Company (HAL) generated $1.73B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.