Core Viewpoint - Halliburton reported a revenue of $5.66 billion for Q4 2025, marking a year-over-year increase of 0.8% and exceeding the Zacks Consensus Estimate by 4.64% [1] Financial Performance - Earnings per share (EPS) for the quarter was $0.69, slightly down from $0.70 a year ago, but surpassed the consensus estimate of $0.54 by 27.78% [1] - Halliburton's stock has returned +5.2% over the past month, while the Zacks S&P 500 composite has decreased by -1.5% [3] Revenue Breakdown - North America: $2.21 billion, slightly above the $2.13 billion estimate, with a year-over-year change of -0.3% [4] - Middle East/Asia: $1.46 billion, below the $1.47 billion estimate, with a year-over-year decline of -11.7% [4] - Europe/Africa/CIS: $928 million, exceeding the $841.88 million estimate, reflecting a +16.7% year-over-year increase [4] - Latin America: $1.07 billion, above the $1.02 billion estimate, with a year-over-year increase of +11.9% [4] Segment Performance - Drilling and Evaluation: Revenue of $2.39 billion, slightly above the $2.37 billion estimate, with a year-over-year change of -1.8% [4] - Completion and Production: Revenue of $3.27 billion, exceeding the $3.08 billion estimate, with a year-over-year increase of +2.8% [4] - Operating income for Completion and Production was $570 million, surpassing the $477.74 million estimate [4] - Operating income for Drilling and Evaluation was $367 million, slightly above the $365.42 million estimate [4] - Corporate and other reported an operating income of -$66 million, better than the -$68.85 million estimate [4]

Sustainability and Environmental Initiatives - Halliburton aims to advance a sustainable energy future by developing technologies to lower emissions intensity and grow its low carbon energy business[14]. - The company has invested in developing environmentally friendly hydraulic fracturing technologies, including a fluid system sourced entirely from the food industry[44]. - Halliburton has not been obligated to compensate any indemnified party for environmental liability arising from hydraulic fracturing to date[46]. Geographic and Market Presence - In 2025, 39% of consolidated revenue was derived from the United States, with no other country exceeding 10% of total revenue[23]. - Halliburton operates in more than 70 countries, organized into four primary geographic regions: North America, Latin America, Europe/Africa/CIS, and Middle East/Asia[22]. - The company recognizes that geopolitical factors and market conditions can impact operations, but believes geographic diversification reduces risks associated with interruptions in any single country[25]. Workforce and Employment - The company employed over 46,000 people worldwide as of December 31, 2025, with a modest voluntary turnover rate of 9%[32][34]. - In 2025, 91% of the workforce and 85% of management were on local terms in the countries where they work, reflecting a commitment to local workforce development[33]. Financial Performance - Total revenue for 2025 was $22,184 million, a decrease of 3.3% from $22,944 million in 2024[239]. - Operating income fell to $2,260 million in 2025, down 40.8% from $3,822 million in 2024[239]. - Net income attributable to the company decreased to $1,283 million in 2025, compared to $2,501 million in 2024, representing a decline of 48.7%[239]. - Basic net income per share for 2025 was $1.50, down from $2.84 in 2024, a decrease of 47.2%[239]. - Total operating costs and expenses increased to $19,924 million in 2025, up 4.2% from $19,122 million in 2024[239]. - Cash flows provided by operating activities were $2,926 million in 2025, a decrease of 24.4% from $3,865 million in 2024[245]. - Capital expenditures for 2025 were $1,254 million, down from $1,442 million in 2024, a reduction of 13.0%[245]. Assets and Liabilities - Total assets decreased to $25,010 million in 2025 from $25,587 million in 2024, a decline of 2.3%[243]. - Total liabilities decreased to $14,505 million in 2025, down from $15,039 million in 2024, a reduction of 3.5%[243]. - The allowance for credit losses increased to $805 million by the end of 2025, up from $754 million at the end of 2024[301]. - Long-term total debt remained stable at $7,158 million in 2025 compared to $7,160 million in 2024[313]. Internal Controls and Compliance - The company maintained effective internal control over financial reporting as of December 31, 2025, as confirmed by an independent audit[231]. - There have been no waivers from provisions of the company's Code of Business Conduct for the years 2023, 2024, or 2025[48]. - The company’s management concluded that its internal control over financial reporting was effective as of December 31, 2025[217]. Impairments and Charges - The company incurred impairments and other charges of $831 million in 2025, with $556 million attributed to Completion and Production and $247 million to Drilling and Evaluation[281]. - Total impairments and other charges for 2025 amounted to $831 million, which included $299 million in severance costs and $224 million for impairment of assets held for sale[275]. - Halliburton's impairment of assets held for sale related to its chemical business was $224 million in 2025, reflecting strategic shifts in operations[275]. Stock and Shareholder Information - The company repurchased $1,007 million in stock during 2025, compared to $1,005 million in 2024[245]. - The company repurchased 42.4 million shares of common stock in 2025, with approximately $2.0 billion remaining authorized for repurchases as of December 31, 2025[339]. - Stock-based compensation costs for 2025 were $213 million, with a net cost of $177 million after tax benefits[344]. Taxation and Deferred Tax Assets - Halliburton reported gross deferred tax assets of $3.6 billion with a related valuation allowance of $0.9 billion as of December 31, 2025[226]. - The total income tax provision for 2025 was $479 million on pre-tax income of $1.8 billion, resulting in an effective tax rate of 27.0%[324]. - As of December 31, 2025, total gross deferred tax assets amounted to $3.626 billion, while total gross deferred tax liabilities were $393 million[326].

来源：央视网 本次大会紧扣行业痛点，聚焦前沿趋势，以"打造油气工程技术利器，推动油气勘探开发高质量发展"为 核心主题，精心设置丰富多元的研讨内容。会议将聚焦物探、钻完井等核心工程技术的创新突破，重点 围绕智能化钻井、物探测录井、复杂压力控制、压裂改造等八大关键技术板块展开，并前瞻性探讨深水 油气、天然气水合物及数字化智能化等前沿领域，致力于贯通油气勘探开发全链条关键技术环节。 大会设置开幕式、特邀报告、技术论坛和成果展示四个环节。在开幕式和特邀报告环节，中国石油、中 国石化、中国海油、延长石油等油气集团将分享最新技术进展与发展战略，国内外院士及专家将以特邀 主旨报告深度解读油气行业发展趋势。技术论坛环节将分智能钻完井技术与装备论坛、物探与测录井技 术论坛、储层压裂改造与测试技术论坛、深水深层非常规油气钻完井工程技术论坛、井控安全与管理论 坛五大专题展开精准研讨，全方位覆盖油气工程关键技术领域。在成果展示环节，将以声光电结合的多 元形式，集中呈现"可借鉴、可复制、可推广、可商业化"的新技术新装备，助力科技成果转化，培育新 质生产力新动能。 本次大会由中国石油学会牵头，联合中石油、中石化、中海油、延长石油以及旗下 ...

Based in Houston, Texas, Halliburton Company (HAL) serves the global energy industry across the entire oil and gas well lifecycle. With a market cap of about $28.2 billion, the company delivers integrated solutions spanning well construction, reservoir modeling, drilling fluids, evaluation, completion, production optimization, and more. Over the past 52 weeks, HAL stock climbed nearly 32.8%, outperforming the broader S&P 500 Index ($SPX), which rose 15.4% during the same period. The momentum has accelera ...

周一全球股市出现"集体撤退"。在贵金属暴跌引发的风险资产抛售潮中，标普500指数期货暗示美股将 迎来连续第四天下跌。比特币在周末走弱后徘徊在7.7万美元附近。 截至发稿，道指期货跌0.09%，标普500指数期货跌0.38%，纳指期货跌0.66%。 欧洲股市则基本持平、波动不大。欧洲股指在开盘大幅下挫后，早盘趋于稳定。英国富时100指数下跌 0.2%，主要受贵金属矿业股拖累。 亚洲市场跌势更重：作为AI交易风向标的韩国Kospi指数暴跌5.3%，大型科技股领跌。韩国市场的急跌 一度触发短暂停牌，监管机构试图抑制波动。日本日经225指数下跌1.3%，能源股和金融股拖累大盘； 香港恒生指数下跌2.2%。 大宗极端波动仍是焦点 商品市场的极端波动仍是市场关注的中心。黄金在一度下跌10%后收窄跌幅；白银曾下挫16%，随后反 弹收复大部分跌幅。市场参与者正评估：在沃什领导下，美联储降息周期可能更慢、幅度更浅，这对贵 金属意味着什么。 马来亚银行的Tareck Horchani表示，特朗普的美联储人选引发了跨资产波动，投资者正重新评估在外 汇、商品和股票上的仓位，尤其是在美元反弹之后更是如此。 加剧波动的另一个因素，是全球 ...

Weekly large cap, mid cap, small cap best & worst rankings. Know what sectors, industries, and stocks to buy and when to buy them. Sign up for Tomorrow's Top Stocks Today to start receiving your weekly reports now before the next move.It's been a bit since I posted updates from our weekly sector and stocks ranking. In fact, the last time we spoke was when I predicted the stock market low on April 8, 2025, citing our proprietary data. ThatLimelight Alpha Management Partners is a team of analysts powered by E ...

每经AI快讯，2月2日，美股能源公司股价盘前下跌，西方石油跌3.1%，康菲石油跌2.6%，哈利伯顿跌 4.1%，斯伦贝谢跌2.9%，埃克森美孚石油跌1.5%，雪佛龙跌1.7%。 （文章来源：每日经济新闻） ...

格隆汇2月2日｜油价下跌5%，美股能源公司股价盘前大跌，西方石油(OXY.US)下跌3.1%，康菲石油 (COP.US)下跌2.6%，哈利伯顿(HAL.US)下跌4.1%，斯伦贝谢(SLB.US)下跌2.9%，埃克森美孚石油 (XOM.US)下跌1.5%，雪佛龙(CVX.US)下跌1.7%。 ...

Group 1 - Halliburton Company (NYSE:HAL) shares have increased by 28.8% over the past year and by 13% year-to-date [2] - Stifel raised Halliburton's share price target to $35 from $32 while maintaining a Buy rating, highlighting its leadership in establishing new wells for production [2] - Susquehanna also raised Halliburton's share price target to $36 from $29, indicating potential benefits from solid drilling activity in the US [2] Group 2 - Jim Cramer emphasized the value of Halliburton's infrastructure business, describing it as a "refiner's dream come true" [3] - While Halliburton shows investment potential, there is a belief that some AI stocks may offer higher returns with limited downside risk [3]

New York State Common Retirement Fund grew its position in Halliburton Company (NYSE:HAL – Free Report) by 12.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,645,526 shares of the oilfield services company’s stock after buying an additional 186,105 shares during the period. New York State Common Retirement Fund owned 0.20% of Halliburton worth $40,480,000 at the end of the most recent reporting period. Get Halliburton alerts: Other large investors have also made ch ...