Loading
Sentiment · FY2026 Q2
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Arun Jayaram | JPMorgan | 13 (0%) |
| Saurabh Pant | Bank of America | 13 (0%) |
| David Anderson | Barclays | 13 (15%) |
| Scott Gruber | Citigroup | 12 (8%) |
| Stephen Gengaro | Stifel | 12 (25%) |
| Neil Mehta | Goldman Sachs | 11 (9%) |
| Marc Bianchi | TD Cowen | 10 (30%) |
| Derek Podhaizer | Piper Sandler | 9 (0%) |
| Douglas Becker | Capital One Securities | 8 (0%) |
| James West | Melius Research | 7 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Bank of America | 1 | 13 (0%) |
| Barclays | 1 | 13 (15%) |
| JPMorgan | 1 | 13 (0%) |
| Citigroup | 1 |
| 12 (8%) |
| Stifel | 1 | 12 (25%) |
| Goldman Sachs | 1 | 11 (9%) |
| TD Cowen | 1 | 10 (30%) |
| Piper Sandler | 1 | 9 (0%) |
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $5.61B | -2.2% | $0.70 | -5.4% | 16.6% | 11.0% | $1.03B |
| FY2025 Q1 | $5.42B | -6.7% | $0.24 | -64.7% | 8.0% | 3.8% | $75M |
| FY2025 Q2 | $5.51B | -5.5% | $0.55 | -31.3% | 13.2% | 8.6% | $542M |
| FY2025 Q3 | $5.60B | -1.7% | $0.02 | -96.7% | 6.4% | 0.3% | $227M |
| FY2025 Q4 | $5.66B | +0.8% | $0.70 | 0.0% | 13.2% | 10.4% | $828M |
| FY2026 Q1 | $5.40B | -0.3% | $0.55 | +129.2% | 12.6% | 8.5% | $81M |
| FY2026 Q2 | $5.71B | +3.7% | $0.64 | +16.4% | 13.6% | 9.3% | $589M |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
Halliburton posted Q1 revenue of $5.2 billion, down 4% year-over-year, as international markets declined 5% with continued weakness in Saudi Arabia and Mexico offsetting gains in West Africa and Southeast Asia. North America grew 1% sequentially as Zeus fleet deployments stabilized activity levels, and D&E margins held at 19.2% reflecting cost discipline. Management reiterated its flat-to-modest international growth outlook for 2026 while highlighting that OPEC+ production decisions and tariff uncertainty remained key variables for the second half.
Demand | Geographic Expansion | Competitive Dynamics | Innovation & R&D | Margin | Pricing | Cloud & AI | Macroeconomic | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 6 | 3 | 2 | 7 | 3 | 4 | 2 | |
| 2025Q1 | 7 | 5 | 4 | 4 | 5 | 2 | 1 | 3 |
| 2025Q2 | 7 | 5 | 4 | 2 | 6 | 4 | 3 | |
| 2025Q3 | 8 | 7 | 7 | 5 | 1 | 1 | 7 | 2 |
| 2025Q4 | 9 | 6 | 4 | 3 | 3 | 2 | 3 | 2 |
| 2026Q1 | 11 | 8 | 4 | 3 | 1 | 3 | 2 | 3 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Demand | 6 | 7 | 7 | 8 | 9 | 11 |
| Geographic Expansion | 3 | 5 | 5 | 7 | 6 | 8 |
| Competitive Dynamics | 2 | 4 | 4 | 7 | 4 | 4 |
| Innovation & R&D | 7 | 4 | 2 | 5 | 3 | 3 |
| Margin | 3 | 5 | 6 | 1 | 3 | 1 |
| Pricing | 4 | 2 | 4 | 1 | 2 | 3 |
| Cloud & AI | 2 | 1 | 7 | 3 | 2 | |
| Macroeconomic | 3 | 3 | 2 | 2 | 3 |
What HAL and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“And it's a Halliburton e-fleet, simul-frac as efficient as it gets crew.”
Diamondback is bringing back a Halliburton e-fleet simul-frac crew as its fifth completion crew, relying on Halliburton for efficient completion services as it adds activity.
“We really like our position in VoltaGrid, and we like what the company is doing.”
Halliburton holds an investment and international venture with power provider VoltaGrid and is optimistic about deploying it globally.
“They selected Halliburton Company and Valaris for a strategic collaboration agreement to support the development of its offshore assets.”
Offshore driller Valaris was selected alongside Halliburton for a PETRONAS collaboration in Suriname, a positive offshore win for Valaris.
“They selected Halliburton Company and Valaris for a strategic collaboration agreement to support the development of its offshore assets.”
PETRONAS selected Halliburton for an offshore development collaboration in Suriname, reflecting PETRONAS's offshore investment.
“We recently closed our acquisition of Sekal, a global leader in rig automation.”
Halliburton closed its acquisition of rig-automation firm Sekal, folding Sekal's Drilltronics platform into its drilling portfolio.
“In unconventionals, YPF recently awarded Halliburton Company a multibillion-dollar award for integrated completion services in Argentina.”
Argentine producer YPF awarded Halliburton a multibillion-dollar unconventional completions contract, signaling heavy YPF investment in Argentina shale.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
HAL Halliburton | 4 | -0.3% | |
| BKR Baker Hughes | 6 | +2.5% | |
| SLB Schlumberger | 2 | +2.7% |