Business Segments · Cost, Direct Labor
Completion And Production — Cost, Direct Labor
Halliburton Completion And Production — Cost, Direct Labor increased by 1.9% to $479.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $474.00M to $479.00M. Over 3 years (FY 2022 to FY 2025), Completion And Production — Cost, Direct Labor shows an upward trend with a 5.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
A decrease relative to revenue indicates higher labor productivity or successful automation efforts.
Detailed definition
The total compensation, including wages and benefits, paid to field personnel and staff directly involved in the deliver...
Peer comparison
Standard labor cost reporting for service-oriented business segments.
Metric ID:
hal_segment_completion_and_production_cost_direct_laborHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $403.50M | $403.50M | $403.50M | $403.50M | $452.50M | $452.50M | $452.50M | $452.50M | $484.00M | $477.00M | $482.00M | $479.00M | $474.00M | $483.00M | $492.00M | $470.00M | $479.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +12.1% | +0.0% | +0.0% | +0.0% | +7.0% | -1.4% | +1.0% | -0.6% | -1.0% | +1.9% | +1.9% | -4.5% | +1.9% |
| YoY Change | — | — | — | — | +12.1% | +12.1% | +12.1% | +12.1% | +7.0% | +5.4% | +6.5% | +5.9% | -2.1% | +1.3% | +2.1% | -1.9% | +1.1% |
Range$403.50M – $492.00M
CAGR+4.4%
Avg YoY Growth+5.7%
Median YoY Growth+5.9%
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Frequently Asked Questions
- What is Halliburton's completion and production — cost, direct labor?
- Halliburton (HAL) reported completion and production — cost, direct labor of $479.00M in Q1 2026.
- How has Halliburton's completion and production — cost, direct labor changed year-over-year?
- Halliburton's completion and production — cost, direct labor increased by 1.1% year-over-year, from $474.00M to $479.00M.
- What is the long-term trend for Halliburton's completion and production — cost, direct labor?
- Over 3 years (2022 to 2025), Halliburton's completion and production — cost, direct labor has grown at a 5.9% compound annual growth rate (CAGR), from $1.61B to $1.92B.
- What does completion and production — cost, direct labor mean?
- The cost of labor directly involved in delivering services for the segment.