Earnings Alerts

HALLIBURTON CO (HAL) EARNINGS: 2Q ADJUSTED EPS FALLS SHORT OF ESTIMATES AS REVENUE DROPS

  • Halliburton reported an adjusted earnings per share (EPS) of 55 cents, missing the estimate of 56 cents and down from 80 cents year-over-year (y/y).
  • The company’s total revenue stood at $5.51 billion, a decrease of 5.5% compared to the previous year; however, it surpassed the estimate of $5.42 billion.
  • In the Completion and Production segment, revenue was $3.17 billion, which is down 6.8% y/y but slightly above the estimate of $3.16 billion.
  • Drilling and Evaluation revenue reached $2.34 billion, reflecting a 3.8% decline y/y yet better than the estimated $2.27 billion.
  • North America revenue declined by 8.9% y/y to $2.26 billion, close to the estimated $2.25 billion.
  • Latin America revenue saw an 11% decline y/y to $977 million, though it still exceeded the estimate of $903.4 million.
  • Revenue from Europe, Africa, and the CIS increased by 8.3% y/y, totaling $820 million, surpassing expectations of $773.4 million.
  • The Middle East and Asia revenue was $1.45 billion, down 2.9% y/y, missing the estimate of $1.51 billion.
  • Adjusted operating income was $727 million, reflecting a 30% decrease y/y and falling short of the estimate of $755.5 million.
  • Drilling and Evaluation operating income was $312 million, down 23% y/y, meeting the estimate of $311.4 million.
  • Completion and Production operating income decreased by 29% y/y to $513 million, missing the estimated $533.5 million.
  • Cash flow from operations was $896 million, a decrease of 17% y/y, but exceeded the estimate of $817.7 million.
  • Capital expenditure rose by 2% y/y to $354.0 million, above the expected $323.4 million.
  • Analyst recommendations include 19 buys, 9 holds, and no sells.

Halliburton Co on Smartkarma



Analyst coverage on Halliburton Co on Smartkarma provides a diverse range of insights. Suhas Reddy‘s bearish outlook in the article “Earnings Preview: Halliburton Set to Slip on Q2 Disappointments as Drilling Slows” highlights the challenges Halliburton faces with potential international slowdown, projecting declines in Q2 revenue and EPS. On the contrary, Baptista Research offers a bullish perspective on Halliburton’s growth potential with the Zeus Frac Fleet in their piece “Halliburton’s Zeus Frac Fleet: The Silent Move That Could Power Their Growth The Energy Services Market!” detailing mixed results from Q1 2025, emphasizing the impact of dynamic market conditions on the company’s performance.

Another analysis by Suhas Reddy, “Earnings Preview: Halliburton Pressured by North American Slowdown and Tariffs,” anticipates declines in Q1 revenue and EPS attributed to soft North American activity and weak oil prices, yet maintains a “Buy” rating due to strong cash flows. In contrast, the article “Earnings Review: Halliburton Q4 Performance Impacted by North America Weakness” reflects on Q4 performance showing revenue declines but also includes positive aspects like stock repurchases and free cash flow generation. This varied analyst coverage on Smartkarma offers investors a comprehensive view of Halliburton Co‘s current standing and future potential.



A look at Halliburton Co Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores for Halliburton Co, the company shows a positive long-term outlook. With strong scores in Dividend, Growth, and Resilience, Halliburton Co is positioned well for sustained performance in the energy sector. The company’s ability to deliver consistent dividends, coupled with a focus on growth opportunities and resilience in challenging market conditions, bodes well for its future prospects.

Although the Momentum score is slightly lower, Halliburton Co‘s overall outlook remains favorable, supported by its solid performance across other key factors. As a provider of energy services, engineering, and construction services, along with manufacturing energy industry products, Halliburton Co continues to offer integrated solutions for oil and gas exploration, development, and production, showcasing its strength in the sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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