Halliburton Q2: $5.7B Revenue, $0.64 EPS, and Seven Officers Adopt 10b5-1 Plans
HAL sits 64% above its 52-week low of $20.39 on light trading volume (0.3× avg).
Summary
Halliburton posted Q2 2026 revenue of $5.7 billion and EPS of $0.64, while seven officers adopted pre-arranged stock trading plans covering up to 1.75 million shares.
Key Events · Earnings and Guidance · HAL
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Q2 Revenue and Earnings
Revenue rose 4% to $5.7 billion; net income was $538 million, or $0.64 per share, compared to $480 million and $0.55 a year ago.
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Seven Officers Adopt 10b5-1 Plans
CEO Jeffrey Miller, CFO Eric Carre, and five other executives adopted pre-arranged trading plans covering up to 1.75 million shares, signaling planned insider selling.
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IRS Tax Dispute Update
The IRS proposes reclassifying a $3.5 billion deduction from the 2016 Baker Hughes termination fee; an adverse outcome could result in $640 million in cash taxes, though no payment is currently required.
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Chemical Business Sale Completed
Halliburton completed the sale of a portion of its chemical business in April 2026, recording a $17 million loss on the transaction.
Analysis · HAL · Energy & Transportation
A solid second quarter saw revenue climb 4% to $5.7 billion and net income reach $538 million, powered by international growth even as Middle East disruptions persisted. The period included a $95 million pre-tax credit from investment gains and a government refund. More notably, seven top executives—including the CEO and CFO—adopted Rule 10b5-1 trading plans covering up to 1.75 million shares, a signal of planned selling that could pressure the stock. Meanwhile, the ongoing IRS dispute over a $3.5 billion deduction could result in $640 million in cash taxes if lost, though no payment is currently required. The company also completed the sale of a portion of its chemical business, and geopolitical conflict in the Middle East continues to weigh on operations.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1666 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. 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 $33.35 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $27.9B. The 52-week trading range was $20.39 to $43.59. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.