Core Viewpoint - Halliburton's third-quarter net income experienced a significant decline primarily due to substantial impairment charges [1] Financial Performance - The company reported a sharp decrease in net income for the third quarter, indicating financial challenges [1] - Impairment charges were a major factor contributing to the decline in profitability [1]

[Executive Summary & Financial Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Financial%20Highlights) Halliburton's Q3 2025 financial performance, CEO commentary, and key metrics are presented [Q3 2025 Performance Overview](index=1&type=section&id=Q3%202025%20Performance%20Overview) Halliburton reported Q3 2025 net income of $18 million, adjusted net income of $496 million, and $5.6 billion in revenue - Net income for Q3 2025 was **$18 million**, or **$0.02 per diluted share**, a significant decrease from **$472 million**, or **$0.55 per diluted share**, in Q2 2025[2](index=2&type=chunk) - Adjusted net income for Q3 2025, excluding impairments and other charges, was **$496 million**, or **$0.58 per diluted share**[2](index=2&type=chunk) | Metric | Q3 2025 (USD) | Q2 2025 (USD) | | :------------------ | :-------- | :-------- | | Total Revenue | $5.6 billion | $5.5 billion | | Operating Income | $356 million | $727 million | | Adjusted Operating Income | $748 million | N/A | [CEO Commentary](index=1&type=section&id=CEO%20Commentary) CEO Jeff Miller expressed satisfaction with Q3 performance, highlighting $5.6 billion revenue and 13% adjusted operating margin - Halliburton delivered total company revenue of **$5.6 billion** and an adjusted operating margin of **13%** in Q3 2025[3](index=3&type=chunk) - The company took steps to deliver estimated savings of **$100 million per quarter**, reset its 2026 capital budget, and idled equipment that no longer meets return expectations[3](index=3&type=chunk) - Strategic focus includes prioritizing returns, technology leadership, and working with leading operators in North America, alongside a commitment to returning cash to shareholders, maintaining cost and capital discipline, and investing in differentiated technologies[4](index=4&type=chunk)[5](index=5&type=chunk) [Key Financial Metrics Summary](index=1&type=section&id=Key%20Financial%20Metrics%20Summary) This section provides a concise overview of Halliburton's key financial metrics for Q3 2025 | Metric | Value | | :----------------------------- | :------------------ | | Net income per diluted share | $0.02 | | Adjusted net income per diluted share | $0.58 | | Revenue | $5.6 billion | | Operating margin | 6% | | Adjusted operating margin | 13% | | Cash flow from operations | $488 million | | Free cash flow | $276 million | [Segment Performance](index=2&type=section&id=Segment%20Performance) Halliburton's Q3 2025 financial performance is detailed across its Completion and Production, and Drilling and Evaluation segments [Completion and Production](index=2&type=section&id=Completion%20and%20Production) Completion and Production revenue increased 2% sequentially to $3.2 billion, with operating income remaining flat at $514 million | Metric | Q3 2025 (USD) | Q2 2025 (USD) | Change (QoQ) | | :---------------- | :-------- | :-------- | :------------- | | Revenue | $3.2 billion | $3.171 billion | +2% | | Operating Income | $514 million | $513 million | Flat | - Revenue increase driven by higher completion tool sales and increased artificial lift activity in North America, and improved cementing activity in Africa and Latin America[8](index=8&type=chunk) - Operating income was adversely impacted by lower completion tool sales internationally, decreased well intervention services in Middle East/Asia, lower cementing activity in North America, and rig reductions in Saudi Arabia[8](index=8&type=chunk) [Drilling and Evaluation](index=2&type=section&id=Drilling%20and%20Evaluation) Drilling and Evaluation revenue rose 2% sequentially to $2.4 billion, with operating income increasing 12% to $348 million | Metric | Q3 2025 (USD) | Q2 2025 (USD) | Change (QoQ) | | :---------------- | :-------- | :-------- | :------------- | | Revenue | $2.4 billion | $2.339 billion | +2% | | Operating Income | $348 million | $312 million | +12% | - Revenue and operating income growth driven by higher project management and improved wireline activity in Latin America, increased drilling services in North America and Europe/Africa, and higher software sales in Europe/Africa[9](index=9&type=chunk) - Partially offsetting increases were lower activity across multiple product service lines in the Middle East and decreased fluid services in North America and Europe/Africa[9](index=9&type=chunk) [Geographic Performance](index=2&type=section&id=Geographic%20Performance) This section analyzes Halliburton's Q3 2025 revenue performance across North America and international regions [North America](index=2&type=section&id=North%20America) North America revenue increased 5% sequentially to $2.4 billion in Q3 2025, driven by increased stimulation activity | Metric | Q3 2025 (USD) | Q2 2025 (USD) | Change (QoQ) | | :------ | :-------- | :-------- | :------------- | | Revenue | $2.4 billion | $2.259 billion | +5% | - Revenue growth primarily driven by increased stimulation activity in US Land and Canada, and higher completion tool sales and increased wireline activity in the Gulf of America[10](index=10&type=chunk) - Partially offset by lower cementing activity in US Land and decreased stimulation activity in the Gulf of America[10](index=10&type=chunk) [International](index=2&type=section&id=International) International revenue remained flat sequentially at $3.2 billion in Q3 2025, with varied regional performance | Metric | Q3 2025 (USD) | Q2 2025 (USD) | Change (QoQ) | | :------ | :-------- | :-------- | :------------- | | Revenue | $3.2 billion | $3.2 billion | Flat | [Latin America](index=2&type=section&id=Latin%20America) Latin America revenue increased 2% sequentially to $996 million, driven by higher project management activity | Metric | Q3 2025 (USD) | Q2 2025 (USD) | Change (QoQ) | | :------ | :-------- | :-------- | :------------- | | Revenue | $996 million | $977 million | +2% | - Revenue increase primarily driven by higher project management activity across the region and increased drilling services in Argentina[12](index=12&type=chunk) - Partially offset by decreased activity across multiple product service lines in Mexico and lower completion tool sales in Brazil[12](index=12&type=chunk) [Europe/Africa/CIS](index=2&type=section&id=Europe%2FAfrica%2FCIS) Europe/Africa/CIS revenue remained flat at $828 million, influenced by improved completion tool sales and drilling services | Metric | Q3 2025 (USD) | Q2 2025 (USD) | Change (QoQ) | | :------ | :-------- | :-------- | :------------- | | Revenue | $828 million | $820 million | Flat | - Results primarily driven by improved completion tool sales in Norway and increased drilling-related services in Namibia[13](index=13&type=chunk) - Offsetting increases were lower completion tool sales in the Caspian Area and lower fluid services across Europe[13](index=13&type=chunk) [Middle East/Asia](index=2&type=section&id=Middle%20East%2FAasia) Middle East/Asia revenue decreased 3% sequentially to $1.4 billion, primarily due to lower activity in Saudi Arabia | Metric | Q3 2025 (USD) | Q2 2025 (USD) | Change (QoQ) | | :------ | :-------- | :-------- | :------------- | | Revenue | $1.4 billion | $1.454 billion | -3% | - Revenue decrease primarily driven by lower activity across multiple product service lines in Saudi Arabia[14](index=14&type=chunk) - Partially offset by improved pressure pumping services in Qatar, increased artificial lift activity in Kuwait, and higher completion tool sales and improved fluids services in Asia[14](index=14&type=chunk) [Other Financial Information](index=3&type=section&id=Other%20Financial%20Information) This section covers Halliburton's Q3 2025 shareholder returns, capital allocation, and impairment charges [Shareholder Returns & Capital Allocation](index=3&type=section&id=Shareholder%20Returns%20%26%20Capital%20Allocation) In Q3 2025, Halliburton repurchased $250 million of common stock and paid $0.17 per share in dividends - Approximately **$250 million** of common stock was repurchased during Q3 2025[16](index=16&type=chunk) - Dividends of **$0.17 per share** were paid[16](index=16&type=chunk) - Spent **$50 million** on SAP S4 migration[16](index=16&type=chunk) [Impairments and Other Charges](index=3&type=section&id=Impairments%20and%20Other%20Charges) Halliburton incurred a total charge of $540 million in Q3 2025, including $392 million in impairments and other charges - Incurred a total charge of **$540 million** related to 'Impairments and other charges' and other items in Q3 2025[16](index=16&type=chunk) | Impairment Component | Q3 2025 (Millions of dollars) | | :------------------------- | :---------------------------- | | Severance costs | $169 | | Fixed and Other assets write-offs | $115 | | Impairment of assets held for sale | $96 | | Total impairments and other charges | $392 | [Technology & Strategic Highlights](index=3&type=section&id=Technology%20%26%20Strategic%20Highlights) This section highlights Halliburton's new product launches and significant contract awards in Q3 2025 [New Product Launches](index=4&type=section&id=New%20Product%20Launches) Halliburton launched LOGIX™ automated geosteering, the Summit Knowledge® digital ecosystem, and the Turing electro-hydraulic control system - Launched LOGIX™ automated geosteering, which optimizes geological interpretation and well placement using automation, machine learning, and advanced geological insights[16](index=16&type=chunk) - Unveiled the next generation Summit Knowledge® (SK™) digital ecosystem, featuring SK Well Pages with an all-in-one electric submersible pump (ESP) workspace for proactive monitoring and agile decision-making[17](index=17&type=chunk) - Launched the Turing electro-hydraulic control system, the next generation of SmartWell® intelligent completions technology, designed to improve recovery and reduce well count through fast zonal optimization[20](index=20&type=chunk) [Contract Awards](index=3&type=section&id=Contract%20Awards) Halliburton secured contracts for carbon capture and storage (CCS) services and comprehensive well stimulation in the North Sea - Awarded a contract to provide completions and downhole monitoring services for the Northern Endurance Partnership (NEP) carbon capture and storage (CCS) system in northeast England[16](index=16&type=chunk) - Awarded a five-year contract from ConocoPhillips Skandinavia AS to deliver comprehensive well stimulation services in the North Sea, including the transformation of Tidewater's vessel, North Pomor, into an advanced stimulation vessel[17](index=17&type=chunk) [Company Overview](index=4&type=section&id=Company%20Overview) This section provides a brief overview of Halliburton's founding, mission, and role in the energy industry [About Halliburton](index=4&type=section&id=About%20Halliburton) Halliburton, founded in 1919, is a leading provider of products and services to the energy industry - Halliburton was founded in **1919**[18](index=18&type=chunk) - The company is a leading provider of products and services to the energy industry[18](index=18&type=chunk) - Its mission is to create innovative technologies, products, and services that help customers maximize value throughout the life cycle of an asset and advance a sustainable energy future[18](index=18&type=chunk) [Forward-Looking Statements & Non-GAAP Measures](index=4&type=section&id=Forward-Looking%20Statements%20%26%20Non-GAAP%20Measures) This section outlines the risks associated with forward-looking statements and defines non-GAAP financial measures [Forward-Looking Statements](index=4&type=section&id=Forward-Looking%20Statements) The report contains forward-looking statements subject to numerous risks and uncertainties that could cause actual results to differ materially - Statements in the press release that are not historical are forward-looking and subject to numerous risks and uncertainties beyond the company's control[19](index=19&type=chunk) - Key risks include changes in demand or price of oil/natural gas, general economic conditions, changes in customer capital spending, modification of shareholder return framework, potential catastrophic events, cyber-attacks, and compliance with environmental laws[19](index=19&type=chunk) - Additional risks involve changes in government regulations, tax disputes, international operations risks (unsettled political conditions, war, foreign exchange rates, sanctions), weather-related issues, delays in customer payments, infrastructure issues, and availability/cost of labor and raw materials[19](index=19&type=chunk)[21](index=21&type=chunk) [Non-GAAP Financial Measures](index=4&type=section&id=Non-GAAP%20Financial%20Measures) This section defines and reconciles non-GAAP financial measures used by management to assess operating performance - Adjusted net income per diluted share, adjusted operating margin, adjusted operating income, and free cash flow are non-GAAP financial measures[20](index=20&type=chunk) - Management believes these non-GAAP measures are useful to investors for assessing and understanding operating performance, especially when comparing results across periods or forecasting future performance, as excluded items are considered outside normal operating results[42](index=42&type=chunk)[43](index=43&type=chunk)[54](index=54&type=chunk)[58](index=58&type=chunk) [Condensed Consolidated Financial Statements](index=5&type=section&id=Condensed%20Consolidated%20Financial%20Statements) This section presents Halliburton's condensed consolidated statements of operations, balance sheets, and cash flows [Statements of Operations](index=5&type=section&id=Statements%20of%20Operations) This section presents Halliburton's condensed consolidated statements of operations for both three and nine months ended September 30, 2025 [Three Months Ended September 30, 2025](index=5&type=section&id=Three%20Months%20Ended%20September%2030%2C%202025) This table provides Halliburton's condensed consolidated statements of operations for the three months ended September 30, 2025 | Metric | Sep 30, 2025 (Millions of USD) | Sep 30, 2024 (Millions of USD) | Jun 30, 2025 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | :----------- | | Total revenue | $5,600 | $5,697 | $5,510 | | Total operating income | $356 | $871 | $727 | | Net income attributable to Company | $18 | $571 | $472 | | Basic and diluted net income per share | $0.02 | $0.65 | $0.55 | | Impairment and other charges | $(392) | $(116) | $— | [Nine Months Ended September 30, 2025](index=6&type=section&id=Nine%20Months%20Ended%20September%2030%2C%202025) This table provides Halliburton's condensed consolidated statements of operations for the nine months ended September 30, 2025 | Metric | Sep 30, 2025 (Millions of USD) | Sep 30, 2024 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | | Total revenue | $16,527 | $17,334 | | Total operating income | $1,514 | $2,890 | | Net income attributable to Company | $694 | $1,886 | | Basic and diluted net income per share | $0.81 | $2.13 | | Impairment and other charges | $(748) | $(116) | [Balance Sheets](index=7&type=section&id=Balance%20Sheets) Halliburton's total assets were $25.164 billion as of September 30, 2025, with total liabilities at $14.918 billion | Metric | Sep 30, 2025 (Millions of USD) | Dec 31, 2024 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | | Total assets | $25,164 | $25,587 | | Total liabilities | $14,918 | $15,039 | | Total shareholders' equity | $10,246 | $10,548 | | Cash and equivalents | $2,026 | $2,618 | [Statements of Cash Flows](index=8&type=section&id=Statements%20of%20Cash%20Flows) Cash flows from operating activities were $1.761 billion for the nine months ended September 30, 2025 | Metric | 9 Months Ended Sep 30, 2025 (Millions of USD) | 9 Months Ended Sep 30, 2024 (Millions of USD) | 3 Months Ended Sep 30, 2025 (Millions of USD) | | :---------------------------------- | :---------------------------- | :---------------------------- | :---------------------------- | | Total cash flows provided by operating activities | $1,761 | $2,409 | $488 | | Total cash flows used in investing activities | $(1,126) | $(1,210) | $(86) | | Total cash flows used in financing activities | $(1,216) | $(1,185) | $(405) | | Decrease in cash and cash equivalents | $(592) | $(86) | $(12) | [Revenue and Operating Income by Segment and Region](index=9&type=section&id=Revenue%20and%20Operating%20Income%20by%20Segment%20and%20Region) This section details Halliburton's Q3 2025 revenue and operating income by segment and geographic region [Three Months Ended September 30, 2025](index=9&type=section&id=Three%20Months%20Ended%20September%2030%2C%202025) This table provides a detailed breakdown of Halliburton's Q3 2025 revenue and operating income by segment and region | Metric | Sep 30, 2025 (Millions of USD) | Sep 30, 2024 (Millions of USD) | Jun 30, 2025 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | :----------- | | **Revenue by operating segment:** | | | | | Completion and Production | $3,223 | $3,299 | $3,171 | | Drilling and Evaluation | $2,377 | $2,398 | $2,339 | | **Revenue by geographic region:** | | | | | North America | $2,364 | $2,386 | $2,259 | | Latin America | $996 | $1,053 | $977 | | Europe/Africa/CIS | $828 | $722 | $820 | | Middle East/Asia | $1,412 | $1,536 | $1,454 | | **Operating Income by operating segment:** | | | | | Completion and Production | $514 | $669 | $513 | | Drilling and Evaluation | $348 | $406 | $312 | [Nine Months Ended September 30, 2025](index=10&type=section&id=Nine%20Months%20Ended%20September%2030%2C%202025) This table presents Halliburton's revenue and operating income breakdown by segment and region for the nine months ended September 30, 2025 | Metric | Sep 30, 2025 (Millions of USD) | Sep 30, 2024 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | | **Revenue by operating segment:** | | | | Completion and Production | $9,514 | $10,073 | | Drilling and Evaluation | $7,013 | $7,261 | | **Revenue by geographic region:** | | | | North America | $6,859 | $7,413 | | Latin America | $2,869 | $3,258 | | Europe/Africa/CIS | $2,423 | $2,208 | | Middle East/Asia | $4,376 | $4,455 | | **Operating Income by operating segment:** | | | | Completion and Production | $1,558 | $2,080 | | Drilling and Evaluation | $1,012 | $1,207 | [Reconciliation of Non-GAAP Financial Measures](index=10&type=section&id=Reconciliation%20of%20Non-GAAP%20Financial%20Measures) This section provides reconciliations for Halliburton's adjusted operating income, adjusted net income, and free cash flow [Adjusted Operating Income Reconciliation](index=10&type=section&id=Adjusted%20Operating%20Income%20Reconciliation) This section provides reconciliations of operating income to adjusted operating income for Q3 and nine months ended September 30, 2025 [Three Months Ended September 30, 2025](index=10&type=section&id=Three%20Months%20Ended%20September%2030%2C%202025_Adjusted_Operating_Income) This table reconciles Halliburton's operating income to adjusted operating income for the three months ended September 30, 2025 | Metric | Sep 30, 2025 (Millions of USD) | Sep 30, 2024 (Millions of USD) | Jun 30, 2025 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | :----------- | | Operating income | $356 | $871 | $727 | | Total impairments and other charges | $392 | $116 | $— | | Adjusted operating income | $748 | $987 | $727 | [Nine Months Ended September 30, 2025](index=11&type=section&id=Nine%20Months%20Ended%20September%2030%2C%202025_Adjusted_Operating_Income) This table reconciles Halliburton's operating income to adjusted operating income for the nine months ended September 30, 2025 | Metric | Sep 30, 2025 (Millions of USD) | Sep 30, 2024 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | | Operating income | $1,514 | $2,890 | | Total impairments and other charges | $748 | $116 | | Adjusted operating income | $2,262 | $3,006 | [Adjusted Net Income Reconciliation](index=12&type=section&id=Adjusted%20Net%20Income%20Reconciliation) This section provides reconciliations of net income to adjusted net income for Q3 and nine months ended September 30, 2025 [Three Months Ended September 30, 2025](index=12&type=section&id=Three%20Months%20Ended%20September%2030%2C%202025_Adjusted_Net_Income) This table reconciles Halliburton's net income to adjusted net income for the three months ended September 30, 2025 | Metric | Sep 30, 2025 (Millions of USD) | Sep 30, 2024 (Millions of USD) | Jun 30, 2025 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | :----------- | | Net income attributable to company | $18 | $571 | $472 | | Total adjustments, net of taxes | $478 | $70 | $— | | Adjusted net income attributable to company | $496 | $641 | $472 | | Adjusted net income per diluted share | $0.58 | $0.73 | $0.55 | [Nine Months Ended September 30, 2025](index=13&type=section&id=Nine%20Months%20Ended%20September%2030%2C%202025_Adjusted_Net_Income) This table reconciles Halliburton's net income to adjusted net income for the nine months ended September 30, 2025 | Metric | Sep 30, 2025 (Millions of USD) | Sep 30, 2024 (Millions of USD) | | :---------------------------------- | :----------- | :----------- | | Net income attributable to company | $694 | $1,886 | | Total adjustments, net of taxes | $791 | $143 | | Adjusted net income attributable to company | $1,485 | $2,029 | | Adjusted net income per diluted share | $1.73 | $2.29 | [Free Cash Flow Reconciliation](index=14&type=section&id=Free%20Cash%20Flow%20Reconciliation) This table reconciles Halliburton's cash flows from operating activities to free cash flow for Q3 and nine months ended September 30, 2025 | Metric | 9 Months Ended Sep 30, 2025 (Millions of USD) | 9 Months Ended Sep 30, 2024 (Millions of USD) | 3 Months Ended Sep 30, 2025 (Millions of USD) | | :---------------------------------- | :---------------------------- | :---------------------------- | :---------------------------- | | Total cash flows provided by operating activities | $1,761 | $2,409 | $488 | | Capital expenditures | $(917) | $(1,016) | $(261) | | Proceeds from sales of property, plant, and equipment | $138 | $149 | $49 | | Free cash flow | $982 | $1,542 | $276 | [Conference Call & Contacts](index=15&type=section&id=Conference%20Call%20%26%20Contacts) This section provides details for Halliburton's Q3 2025 earnings conference call and contact information [Conference Call Details](index=15&type=section&id=Conference%20Call%20Details) Halliburton will host a conference call on October 21, 2025, to discuss its Q3 2025 financial results - Halliburton Company will host a conference call on Tuesday, October 21, 2025, to discuss its third quarter 2025 financial results[59](index=59&type=chunk) - The call will begin at **8:00 a.m. CT (9:00 a.m. ET)**[59](index=59&type=chunk) - The call will be available via live webcast on the Halliburton website, with a recorded version available for seven days[60](index=60&type=chunk) [Contacts](index=15&type=section&id=Contacts) Contact information for Halliburton's Investor Relations and Media Relations departments is provided - Investor Relations Contact: David Coleman, Investors@Halliburton.com, 281-871-2688[61](index=61&type=chunk) - Media Relations Contact: Alexandra Franceschi, PR@Halliburton.com, 281-871-2601[61](index=61&type=chunk)

Core Insights - Halliburton exceeded Wall Street profit estimates for the third quarter, driven by consistent demand for its oilfield equipment and services in North America [1] Group 1 - Halliburton's third quarter profit performance was better than expected by analysts [1] - The company's success is attributed to steady demand in the North American market [1]

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today net income of $18 million, or $0.02 per diluted share, for the third quarter of 2025 and adjusted net income4, excluding "Impairments and other charges†and other items, of $496 million, or $0.58 per diluted share. This compares to net income for the second quarter of 2025 of $472 million, or $0.55 per diluted share. Halliburton's total revenue for the third quarter of 2025 was $5.6 billion, compared to total revenue of $. ...

Core Insights - VoltaGrid and Halliburton have entered into a strategic collaboration to provide distributed power generation solutions for data centers globally, starting with the Middle East [1][2]. Group 1: Collaboration Details - The partnership will combine Halliburton's operational expertise and infrastructure with VoltaGrid's innovative technology and engineering design to create efficient and sustainable power generation systems [2][3]. - The collaboration aims to address the increasing demand for reliable, lower-emission energy infrastructure in the expanding digital and industrial sectors [2][3]. Group 2: Strategic Advantages - Halliburton will utilize its global operational footprint and regulatory knowledge, while VoltaGrid will contribute its proprietary QPac platform and procurement capabilities [3]. - This collaboration will provide VoltaGrid's large-scale data center customers with access to Halliburton's operational excellence, enhancing execution certainty and reliability [4]. Group 3: Leadership Statements - Halliburton's CEO emphasized the importance of this partnership in promoting sustainable energy solutions through collaboration and operational expertise [5]. - VoltaGrid's CEO highlighted that this collaboration marks a significant step in their global strategy, leveraging both companies' strengths to deliver reliable energy solutions in emerging markets [5].

Core Insights - Halliburton has secured multiple high-value contracts from Petrobras to provide advanced solutions for deepwater operations, enhancing offshore production efficiency [1][9][11] Group 1: Contract Details - The contracts involve deploying cutting-edge technologies such as vessel stimulation, intelligent completions, and safety valves [1][2] - Halliburton's SmartWell intelligent completion technology will be implemented in the Búzios field, allowing real-time reservoir management [4][5] - EcoStar electric tubing retrievable safety valves will be provided for the Séepia and Atapu fields, enhancing safety and operational efficiency [6][8] Group 2: Long-term Collaboration - The new agreements strengthen the long-standing partnership between Halliburton and Petrobras, contributing to the advancement of Brazil's offshore oil and gas sector [2][11] - Halliburton's commitment to improving safety, productivity, and efficiency in Petrobras' deepwater fields is emphasized [2][12] Group 3: Technological Innovations - SmartWell technology enables real-time data monitoring, enhancing decision-making and well performance [5][10] - Stim Star Brasil, a tailored stimulation service, aims to improve reservoir productivity in challenging environments [9][10] Group 4: Industry Impact - The awarded contracts signify a major milestone in Brazil's deepwater oil industry, with Halliburton poised to deliver innovative solutions [13] - Halliburton's expertise positions it as a key player in meeting Brazil's energy needs and contributing to economic growth [12][13]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Insights - Wall Street analysts expect Halliburton (HAL) to report quarterly earnings of $0.50 per share, reflecting a year-over-year decline of 31.5% [1] - Revenues are projected to be $5.39 billion, down 5.3% from the same quarter last year [1] - The consensus EPS estimate has been revised downward by 2.6% over the past 30 days, indicating a collective reassessment by analysts [1] Revenue Projections - Analysts estimate 'Revenues- Drilling and Evaluation' to reach $2.28 billion, a decrease of 4.8% from the prior year [4] - 'Revenues- Completion and Production' is expected to be $3.12 billion, down 5.4% year-over-year [4] - 'Revenues- Latin America' is projected at $960.53 million, indicating an 8.8% decline from the previous year [5] - 'Revenues- Europe/Africa/CIS' is expected to reach $754.30 million, reflecting a year-over-year increase of 4.5% [5] - 'Revenues- North America' is anticipated to be $2.17 billion, down 9.1% from the prior-year quarter [5] - 'Revenues- Middle East/Asia' is projected at $1.51 billion, indicating a year-over-year change of -1.5% [6] Operating Income Estimates - 'Operating income- Completion and Production' is expected to be $448.97 million, compared to $669.00 million from the previous year [6] - 'Operating income- Drilling and Evaluation' is projected to reach $337.72 million, down from $406.00 million year-over-year [6] Stock Performance - Over the past month, Halliburton shares have recorded a return of -2.4%, while the Zacks S&P 500 composite has seen a +0.7% change [7] - Halliburton holds a Zacks Rank 5 (Strong Sell), suggesting it may underperform the overall market in the near term [7]

Core Insights - Halliburton Company (HAL) is expected to report third-quarter results on October 21, with a consensus estimate of $0.50 per share and revenues of $5.4 billion [1][6] - The company faced challenges in North America and Mexico, impacting its revenue outlook [6][7] Q2 Earnings Highlights - In the second quarter, Halliburton reported adjusted net income of $0.55 per share, matching the consensus estimate, with revenues of $5.5 billion, exceeding expectations by 1.1% [2] - North American revenues declined by 9% year over year, marking the eighth consecutive quarterly drop, primarily due to weak customer activity and pricing pressures [5] Estimate Revisions - The consensus estimate for third-quarter earnings indicates a 31.5% decline year over year, while revenues are projected to decrease by 5.3% compared to the previous year [4] Regional Performance - North American sales are expected to be $2.1 billion in Q3, reflecting an 11.2% year-over-year decline [5] - Latin American revenues are projected to be $940.4 million, down nearly 11% from the previous year, largely due to a slowdown in Mexico [7] Technological Advancements - Halliburton's Zeus IQ automation platform is enhancing efficiency and supporting long-term digital growth, which is crucial for improving well productivity and client relationships [8] Earnings Prediction Model - The Zacks model does not predict an earnings beat for Halliburton in Q3, with an Earnings ESP of -2.61% and a Zacks Rank of 4 (Sell) [9][10]

Market Overview - The Singapore Oilfield Services Market was valued at USD 1.55 Billion in 2024 and is projected to reach USD 2.52 Billion by 2032, with a CAGR of 6.2% from 2025 to 2032 [1][21]. Technological Advancements - Artificial intelligence is enhancing operational efficiency, safety standards, and resource utilization in the oilfield services industry, enabling predictive maintenance and advanced seismic interpretation [2][4]. - The integration of smart sensors and robotics is improving well integrity management and production optimization, leading to safer operations and reduced environmental impact [3][4]. Market Dynamics - The market is influenced by a global push towards sustainability and technological advancement, with new regulations emphasizing environmental performance and digital transformation [6][10]. - Singapore's strategic positioning as a regional energy hub, along with its robust regulatory environment, supports the growth of high-value services and technological innovation [7][8]. Key Players - Major companies in the oilfield services market include Schlumberger Limited, Halliburton Company, and Baker Hughes Company, focusing on sustainable and low-carbon solutions [11][16]. Growth Segments - The fastest-growing segments are expected to be analytical services and subsea services, driven by the need for data-driven insights and complex deepwater developments [24][28]. Future Outlook - The market outlook remains positive, with sustained energy demand and ongoing technological advancements expected to drive growth, particularly in specialized services related to digital transformation and decarbonization efforts [21][29].