Halliburton surpassed Wall Street expectations for fourth-quarter profit on Wednesday, on the back of steady demand for its services and equipment in international markets. ...

Financial Performance - Halliburton reported net income of $589 million, or $0.70 per diluted share, for Q4 2025, a significant increase from $18 million, or $0.02 per diluted share, in Q3 2025[4]. - Total revenue for Q4 2025 was $5.7 billion, up from $5.6 billion in Q3 2025, with an operating income of $746 million compared to $356 million in the previous quarter[4]. - For the full year 2025, total revenue was $22.2 billion, a decrease from $22.9 billion in 2024, and operating income was $2.3 billion, down from $3.8 billion in 2024[5]. - Halliburton's adjusted operating income for Q4 2025 was $829 million, compared to $748 million in Q3 2025, reflecting improved operational efficiency[4]. - Net income for 2025 was $1,292 million, down 48.7% from $2,516 million in 2024, resulting in a basic net income per share of $1.50 compared to $2.84 in the previous year[45]. - Total operating income decreased to $2,260 million in 2025 from $3,822 million in 2024, reflecting a decline of 40.7%[46]. - Adjusted operating income for 2025 was $3,091 million, down from $3,938 million in 2024, reflecting a decline of 21.5%[51]. - Net income attributable to the company for 2025 was $1,283 million, a decrease of 48.7% compared to $2,501 million in 2024[59]. - Adjusted net income attributable to the company for 2025 was $2,061 million, down from $2,644 million in 2024, representing a decline of 21.9%[59]. - Net income per diluted share for 2025 was $1.50, down from $2.83 in 2024, a decline of 47.0%[59]. - Adjusted net income per diluted share for 2025 was $2.42, compared to $2.99 in 2024, reflecting a decrease of 19.0%[59]. Cash Flow and Expenditures - Cash flow from operations in Q4 2025 was $1.2 billion, with free cash flow of $875 million, representing an 85% return of free cash flow to shareholders for the full year[9]. - Cash flows from operating activities for 2025 were $2,926 million, down from $3,865 million in 2024[40]. - Free cash flow for the year ended December 31, 2025, was $1,857 million, compared to $2,646 million in 2024, a decrease of 29.8%[61]. - Capital expenditures for 2025 were $1,254 million, a decrease from $1,442 million in 2024[40]. Revenue Breakdown - North America revenue in Q4 2025 was $2.2 billion, a 7% decrease sequentially, primarily due to lower stimulation activity[12]. - International revenue increased by 7% to $3.5 billion in Q4 2025, driven by higher completion tool sales and improved well intervention services[13]. - Revenue from North America for 2025 was $9,066 million, down from $9,626 million in 2024, representing a decline of 5.8%[45]. Impairments and Charges - Impairments and other charges for 2025 amounted to $831 million, significantly higher than $116 million in 2024[45]. - The company incurred a charge of $23 million due to the impairment of an investment in Argentina during 2025[31]. - Halliburton incurred a charge of $23 million due to the impairment of an investment in Argentina during the three months ended September 30, 2025[56]. Strategic Initiatives - Halliburton announced a strategic collaboration with VoltaGrid to deliver distributed power generation solutions, targeting an initial rollout in the Middle East with 400 megawatts of modular natural gas power systems by 2028[18]. - The company launched the StreamStar™ wired drill pipe interface system, enhancing real-time data delivery and downhole power, aimed at reducing well construction time[18]. - Halliburton repurchased $250 million of its common stock and paid dividends of $0.17 per share during the fourth quarter[19]. Future Outlook - The company plans to host a conference call on January 21, 2026, to discuss its fourth quarter 2025 financial results[63].

Core Insights - Halliburton Company reported a net income of $589 million, or $0.70 per diluted share, for Q4 2025, a significant increase from $18 million, or $0.02 per diluted share, in Q3 2025 [1] - Total revenue for Q4 2025 was $5.7 billion, slightly up from $5.6 billion in Q3 2025, with operating income rising to $746 million from $356 million in the previous quarter [1][2] - For the full year 2025, total revenue was $22.2 billion, down from $22.9 billion in 2024, and operating income decreased to $2.3 billion from $3.8 billion in 2024 [2] Financial Performance - Adjusted net income for Q4 2025, excluding impairments and other charges, was $576 million, or $0.69 per diluted share, compared to $496 million, or $0.58 per diluted share in Q3 2025 [1][31] - Adjusted operating income for Q4 2025 was $829 million, up from $748 million in Q3 2025 [1][26] - The company repurchased $250 million of its common stock and paid dividends of $0.17 per share during Q4 2025 [14] Operating Segments - Completion and Production segment revenue for Q4 2025 was $3.3 billion, flat sequentially, with operating income increasing by 11% to $570 million [5] - Drilling and Evaluation segment revenue was $2.4 billion, also flat sequentially, with a 5% increase in operating income to $367 million [6] Geographic Performance - North America revenue in Q4 2025 was $2.2 billion, a 7% decrease sequentially, primarily due to lower stimulation activity [7][8] - International revenue increased by 7% to $3.5 billion in Q4 2025, with notable growth in Latin America (up 7% to $1.1 billion) and Europe/Africa/CIS (up 12% to $928 million) [9][10][11] Strategic Initiatives - Halliburton is focusing on its Maximize Value strategy in North America, anticipating a quicker response to macroeconomic improvements [4] - The company has entered a strategic collaboration with VoltaGrid to deliver distributed power generation solutions for data centers, targeting an initial rollout in the Middle East [14]

Market Sentiment - The CNN Money Fear and Greed index declined to a reading of 48.3, moving into the "Neutral" zone from a previous reading of 55.3, indicating a shift in market sentiment [6] - U.S. stocks experienced a downturn, with the S&P 500 falling more than 2% during the session, reflecting intensified risk-off sentiment due to President Trump's new trade stance towards Europe [1][4] Trade and Economic Impact - President Trump threatened additional tariffs of 10% on several European countries starting February 1, with potential increases to 25% from June if negotiations over Greenland control fail [2] - European officials warned that retaliation could impact up to 25% of U.S. exports to Europe, including services, and mentioned the possibility of reducing Treasury holdings [2] Company Performance - D.R. Horton, Inc. reported positive earnings for its fiscal 2026 first quarter [3] - Rapt Therapeutics Inc saw a significant share price increase of 64% following GSK's announcement of its acquisition of the company [3] - The S&P 500 saw most sectors close negatively, with information technology, consumer discretionary, and financial stocks recording the largest losses, while consumer staples stocks closed higher [4] Job Market Data - The ADP reported that U.S. private employers added an average of 8,000 jobs per week during the four weeks ending December 27, a decrease from an average gain of 11,250 in the prior period [3] Upcoming Earnings - Investors are anticipating earnings results from Johnson & Johnson, Halliburton Co, and Charles Schwab Corp [5]

Halliburton Company (NYSE:HAL) will release earnings for the fourth quarter before the opening bell on Wednesday, Jan. 21.Analysts expect the Houston, Texas-based company to report fourth-quarter earnings of 55 cents per share. That’s down from 70 cents per share in the year-ago period. The consensus estimate for Halliburton's quarterly revenue is $5.41 billion (it reported $5.61 billion last year), according to Benzinga Pro.The company has beaten analyst estimates for revenue in three straight quarters, bu ...

Core Viewpoint - Halliburton Company is expected to report a decline in fourth-quarter earnings and revenue compared to the previous year [1][2] Financial Performance - Analysts predict Halliburton will report fourth-quarter earnings of 55 cents per share, down from 70 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $5.41 billion, a decrease from $5.61 billion reported last year [1] Stock Performance - Halliburton's shares fell by 1.6%, closing at $32.06 [2] - The company has beaten analyst revenue estimates in three consecutive quarters but only in four of the last ten quarters overall [2] Analyst Ratings - Piper Sandler maintained a Neutral rating and raised the price target from $29 to $30 [3] - TD Cowen maintained a Buy rating and increased the price target from $38 to $39 [3] - Susquehanna maintained a Positive rating and raised the price target from $29 to $36 [3] - Evercore ISI Group downgraded the stock from Outperform to In-Line while raising the price target from $28 to $35 [3] - Barclays maintained an Equal-Weight rating and increased the price target from $25 to $30 [3]

Core Insights - U.S. stock futures are trading higher, indicating a positive market sentiment for the day [1] Company Summaries - **Johnson & Johnson (NYSE: JNJ)**: Expected to report quarterly earnings of $2.46 per share on revenue of $24.16 billion. Shares fell 0.3% to $217.50 in after-hours trading [1] - **GameStop Corp. (NYSE: GME)**: Shares rose after CEO Ryan Cohen disclosed the purchase of 500,000 additional shares at an average price of approximately $21.12 per share. Shares surged 3.7% to $21.88 in after-hours trading [1] - **Halliburton Co. (NYSE: HAL)**: Analysts expect quarterly earnings of 55 cents per share on revenue of $5.41 billion. Shares fell 0.2% to $32.01 in after-hours trading [1] - **Netflix Inc. (NASDAQ: NFLX)**: Reported better-than-expected fourth-quarter results but projected first-quarter revenue of $12.16 billion, slightly below the consensus estimate of $12.19 billion. Shares declined 4.8% to $82.84 in after-hours trading [1] - **Charles Schwab Corp. (NYSE: SCHW)**: Expected to post quarterly earnings of $1.39 per share on revenue of $6.37 billion. Shares rose 0.5% to $101.53 in after-hours trading [1]

NEW YORK (AP) — The U.S. stock market bounced back from its worst day since October on Wednesday after President Donald Trump said he reached the framework for a deal about Greenland, an island he’s long coveted, and won’t impose tariffs he had threatened on several European countries. The S&P 500 rallied 1.2% after Trump said the deal, “if consummated, will be a great one for the United States of America” and its allies in the North Atlantic region. The announcement triggered an immediate move higher in ...

Core Viewpoint - Halliburton is potentially planning to return to Venezuela, as indicated by its recent job postings for various positions including engineers and technicians [1] Group 1: Company Actions - Halliburton posted job openings on January 16, indicating a recruitment drive for positions in Venezuela, suggesting a possible re-entry into the South American market [1] - The company had exited Venezuela in 2020 due to U.S. sanctions and had laid off all employees at that time [1] - Halliburton is currently seeking candidates for its "talent network" in Venezuela, targeting engineers, technicians, and recent graduates [1] Group 2: Government Influence - The recruitment announcement follows a call from U.S. President Trump for oil companies to invest $100 billion in Venezuela to significantly increase oil production [1] - This political context highlights the potential for changes in the operational landscape for companies like Halliburton in Venezuela [1]

By Arathy Somasekhar HOUSTON, Jan 20 (Reuters) - Halliburton is seeking resumes for a range of positions in ​Venezuela, including engineers and technicians, according to a ‌job board posting from the oilfield service company dated January 16, signalling ‌a potential move back to the South American country. The posting comes just weeks after the U.S. government captured Venezuelan President Nicolas Maduro and U.S. President Donald Trump called ⁠on oil companies ‌to invest $100 billion in Venezuela to vas ...