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A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a ...
After a tough second quarter for Halliburton, cutbacks in frac fleets and tighter spending is expected as the company anticipates a tough market for oilfield services.
Despite posting second-quarter earnings in line with expectations, Halliburton Company warned on Tuesday that the oilfield services market will be softer in the short to medium term than previously ex ...
Halliburton will idle or retire some oilfield equipment in response to deteriorating demand among shale companies, CEO Jeff Miller said.
On July 22, 2025, Halliburton announced its financial results for the second quarter of 2025, reporting a net income of $472 million, or $0.55 per diluted share, and revenue of $5.5 billion. The ...
Halliburton expects the oilfield services market will be softer than previously thought after logging lower second-quarter profit and revenue.
Halliburton Co. (NYSE: HAL) shares down despite Q2 2025 results beating revenue estimates. CEO Jeff Miller warns of softer oilfield services market.
HOUSTON (Reuters) -U.S. oilfield service provider Halliburton on Tuesday said Mexico's oil production decline rates are creating pressure for a reactivation of business amid long delays from state ...
HOUSTON (AP) — HOUSTON (AP) — Halliburton Co. (HAL) on Tuesday reported second-quarter profit of $472 million. The Houston-based company said it had profit of 55 cents per share. The results ...
(Reuters) -Oilfield services company Halliburton forecast a sharp decline in full-year revenue on Tuesday after posting a 33% fall in profit for the second quarter due to softer-than-expected demand.
US oilfield services heavyweight Halliburton reported a sharp drop in quarterly results amid weak demand for drilling activities in North America. Halliburton posted a net profit of $472 million ...