Business Segments · Cost, Direct Material
Completion And Production — Cost, Direct Material
Halliburton Completion And Production — Cost, Direct Material decreased by 8.0% to $1.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.2%, from $1.30B to $1.27B. Over 3 years (FY 2022 to FY 2025), Completion And Production — Cost, Direct Material shows relatively stable performance with a -1.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
A decrease relative to revenue suggests improved supply chain efficiency or lower input costs.
Detailed definition
The direct costs associated with the raw materials, chemicals, and consumables used in delivering Completion and Product...
Peer comparison
Commonly categorized as 'Cost of Goods Sold' (COGS) components in financial reporting.
Metric ID:
hal_segment_completion_and_production_cost_direct_materialHistorical 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 | $1.39B | $1.39B | $1.39B | $1.39B | $1.48B | $1.48B | $1.48B | $1.48B | $1.39B | $1.37B | $1.35B | $1.31B | $1.30B | $1.32B | $1.36B | $1.38B | $1.27B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.0% | +0.0% | +0.0% | +0.0% | -5.7% | -1.3% | -1.5% | -3.4% | -0.6% | +1.5% | +3.2% | +1.5% | -8.0% |
| YoY Change | — | — | — | — | +6.0% | +6.0% | +6.0% | +6.0% | -5.7% | -6.9% | -8.3% | -11.4% | -6.6% | -4.0% | +0.5% | +5.6% | -2.2% |
Range$1.27B – $1.48B
CAGR-2.3%
Avg YoY Growth-1.2%
Median YoY Growth-2.2%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Halliburton's completion and production — cost, direct material?
- Halliburton (HAL) reported completion and production — cost, direct material of $1.27B in Q1 2026.
- How has Halliburton's completion and production — cost, direct material changed year-over-year?
- Halliburton's completion and production — cost, direct material decreased by 2.2% year-over-year, from $1.30B to $1.27B.
- What is the long-term trend for Halliburton's completion and production — cost, direct material?
- Over 3 years (2022 to 2025), Halliburton's completion and production — cost, direct material has grown at a -1.3% compound annual growth rate (CAGR), from $5.57B to $5.36B.
- What does completion and production — cost, direct material mean?
- The cost of materials and supplies directly used in providing segment services.