What Halliburton (HAL) Said on Its Q3 Earnings Call
Halliburton said Middle East demand and overseas growth could lift revenue 2027, even as North America stays weak and U.S. fracking remains flat.
- On Tuesday, Houston-based Halliburton reported third-quarter revenue of $5.7 billion, topping analysts' estimates of $5.6 billion with adjusted earnings of 60 cents per share, beating the average estimate of 58 cents.
- Middle East and Asia revenue rose 8% to $1.4 billion, helping offset a 9% decline in North America as CEO Jeff Miller expects multi-year demand growth for oilfield services restoring energy production.
- Latin America and Europe/Africa quarterly revenue rose 12.6% and 22.7% respectively, while Halliburton expects operating margins of about 15% in the coming year, an improvement of around 200 basis points.
- Halliburton forecast mid-single-digit revenue growth in 2027, positioning it as the first of three major international oilfield service providers to report, with competitors SLB and Baker Hughes scheduled for later this month.
- "We are another three months into one of the largest energy disruptions in history," Miller said, noting work to restore energy security will drive long-term demand even as the Iran war delays projects.
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Halliburton sees 2027 growth as international demand offsets North America - FINCHANNEL
HOUSTON, Oct. 20, 2026 — Halliburton forecast mid-single-digit revenue growth and operating margins of about 15% in 2027, as the oilfield-services company reported stronger adjusted earnings despite weaker North American activity. The NYSE-listed company reported third-quarter revenue of $5.7 billion, flat against the preceding quarter. Net income attributable to the company was $417 million, or […]
What Halliburton (HAL) Said on Its Q3 Earnings Call
Halliburton (NYSE:HAL) reported third-quarter 2026 revenue of $5.7 billion and adjusted operating income of $731 million, producing an adjusted operating margin of 12.8%. Adjusted net income was $0.60 per diluted share. Chairman, President and CEO Jeff Miller said revenue exceeded the company’s exp
Halliburton tops Q3 revenue, earnings estimates
Halliburton’s third-quarter 2026 revenue rose about 2% year over year to $5.7 billion, while adjusted earnings of 60 cents per share topped analyst expectations. International growth and stronger drilling activity helped offset weakness in North America; the company returned cash to shareholders and forecast mid-single-digit revenue growth and improved margins in 2027. · 21 sources across the spectrum on IJR News.
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