Halliburton
Halliburton is a global provider of products and services to the energy industry, specializing in maximizing asset value throughout the reservoir lifecycle. The company collaborates with oil and natural gas producers to improve efficiency, increase recovery, and maximize production from exploration through decommissioning. Its core value proposition centers on engineering solutions for complex drilling, evaluation, and well construction challenges.
Financials
Based on Q1 2026 filing
Revenue
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Completion and Production
primaryThis segment delivers cementing, stimulation, intervention, and artificial lift services to optimize well performance. It focuses on the physical construction and long-term production enhancement of oil and gas wells.
Zeus electric pumps, Zeus IQ electric fracturing platform, Multi-Chem specialty chemicals, Production Enhancement, Artificial Lift, Cementing, Completion Tools
Major oil producers, National oil companies, Independent oil and natural gas producers
Drilling and Evaluation
majorThis segment provides field and reservoir modeling, drilling fluids, and precise wellbore placement solutions. It enables customers to model, measure, and drill wells with high technical proficiency and digital automation.
iCruise rotary steerable systems, LOGIX automation, Landmark Software and Services, Sperry Drilling, Baroid drilling fluids, Drill Bits and Services, Testing and Subsea
Upstream energy companies, Offshore operators, Unconventional resource developers
Segment Financials
Completion And Production — Cost, Direct Material
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View metricDrilling And Evaluation — Total Assets
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Competitive Position
One of the world's largest diversified energy services companies with a leading position in hydraulic fracturing and directional drilling.
Geographies
North America, Latin America, Europe, Africa, Middle East, Asia
Customer Segments
Major integrated oil companies, National oil companies, Independent E&P companies
Upstream Dependencies
Proppants (sand) suppliers, Chemical manufacturers, Metal and steel providers, Electronic component manufacturers
Downstream Customers
Onshore oil and gas producers, Offshore pipeline and process plant operators, Subsea energy developers
Competitors & Partners
Competitors
Similar Companies
Partners
VoltaGrid
Strategic collaboration for behind-the-meter power generation
Halliburton FAQ
Common questions about Halliburton
Halliburton is a global provider of products and services to the energy industry, specializing in maximizing asset value throughout the reservoir lifecycle. The company collaborates with oil and natural gas producers to improve efficiency, increase recovery, and maximize production from exploration through decommissioning. Its core value proposition centers on engineering solutions for complex drilling, evaluation, and well construction challenges.
Halliburton (HAL) has a market capitalization of $34.5B and trades on NYSE.
Halliburton generated $22.2B in trailing twelve-month revenue with net income of $1.5B, representing a net margin of 7.0%, with free cash flow of $1.7B. These figures are based on the Q1 2026 filing.
Halliburton's key competitors include SLB, Baker Hughes, Liberty Energy, and others. These companies compete in similar markets and product categories.
Halliburton has approximately 49,000 employees.