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Halliburton HAL Completion And Production — CapEx

Other segment segments

Drilling And Evaluation
$88M-40.9%
Corporate and Other
$1M

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Other financials

Income statement

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Revenue$5.7B+3.7%
Operating income$778.0M+7.0%
Net income$534.0M+13.1%
EPS (diluted)$0.64+16.4%

Balance sheet

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Cash & equivalents$2.0B+0.5%
Total debt$8.2B-4.2%
Total equity$11.0B+4.8%
Total assets$25.8B+1.8%

Cash flow

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Operating cash flow$824.0M-8.0%
CapEx$235.0M-33.6%
Free cash flow$589.0M+8.7%

Valuation

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Market cap$26.51B+46.5%
Enterprise value$32.66B+32.7%
P/E16.6×+6.8×
P/S1.2×+0.4×

Profitability

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Gross margin81.4%
Operating margin11.4%-1.9pp
Net margin7.2%-1.2pp
FCF margin7.7%-2.0pp

Returns & leverage

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Return on equity14.9%-3.3pp
Debt / equity0.7×-0.1×
Current ratio0.0×

Where this comes from

Reported directly by Halliburton in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: Halliburton’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 10:59 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000045012-26-000061
Millions of dollarsThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Other, net(31)(24)(59)(63)
Income before income taxes$664$611$1,233$917
Capital expenditures:
Completion and Production$146$205$255$383
Drilling and Evaluation88149171273
Corporate and other11
Total capital expenditures$235$354$427$656
Depreciation, depletion, and amortization:

Item 1. Financial Statements.

FAQ

What is Halliburton's completion and production — capex?
Halliburton (HAL) reported completion and production — capex of $146M in Q2 2026.
What does completion and production — capex mean?
This metric represents the cash outflows used to acquire or upgrade physical assets, such as machinery, equipment, and technology, specifically for the Completion and Production operating segment. It reflects the level of investment required to maintain or expand the segment's service capacity, including pressure pumping and cementing operations. Monitoring this expenditure helps investors assess the segment's capital intensity and the company's commitment to sustaining its competitive position in oilfield services.

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