Halliburton Q2 2026: Revenue Reaches $5.7B, Adjusted EPS of $0.55, and $200M in Buybacks
HAL sits 69% above its 52-week low of $20.17.
Summary
Halliburton's Q2 2026 revenue climbed to $5.7 billion, delivering adjusted EPS of $0.55 on the back of international growth and a North America rebound. Free cash flow reached $668 million, and the company bought back $200 million of shares.
Key Events · Earnings and Guidance · HAL
-
Q2 Revenue and Earnings Beat
Revenue of $5.7 billion, up 5% sequentially, with adjusted net income of $461 million ($0.55 per diluted share). Operating margin was 14% reported, 12% adjusted.
-
Strong Cash Generation and Buybacks
Cash flow from operations was $824 million, free cash flow $668 million. The company repurchased approximately $200 million of common stock during the quarter.
-
International Growth Offsets Middle East Softness
International revenue grew 5% sequentially to $3.4 billion, driven by a 19% surge in Europe/Africa. Middle East/Asia revenue dipped 2% due to geopolitical conflict impacts.
-
North America Recovery Underway
North America revenue increased 7% sequentially to $2.3 billion, led by higher stimulation and well construction activity in U.S. land.
Analysis · HAL · Energy & Transportation
A solid second quarter saw Halliburton post revenue of $5.7 billion, a 5% sequential increase, alongside adjusted earnings of $0.55 per share. Adjusted operating margins held at 12%, while free cash flow came in at $668 million. The company reinforced its commitment to returning capital by repurchasing $200 million of stock. CEO Jeff Miller highlighted robust international demand and a recovering North America, supported by recent multi-year contract wins with Aramco and others. Despite geopolitical headwinds in the Middle East, the results demonstrate resilience, with growth in Europe/Africa and Latin America offsetting a slight decline in Middle East/Asia.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HAL was trading at $34.00 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $29.3B. The 52-week trading range was $20.17 to $43.59. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.