Halliburton (NYSE:HAL – Get Free Report) is expected to post its Q2 2026 results before the market opens on Tuesday, July 21st. Analysts expect the company to announce earnings of $0.54 per share and revenue of $5.4958 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, July 21, 2026 at 9:00 AM ET.
Halliburton (NYSE:HAL – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.05. Halliburton had a return on equity of 19.04% and a net margin of 6.95%.The company had revenue of $5.40 billion for the quarter, compared to analysts’ expectations of $5.37 billion. During the same period in the previous year, the firm posted $0.60 EPS. Halliburton’s revenue was down .3% compared to the same quarter last year. On average, analysts expect Halliburton to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Halliburton Price Performance
Shares of Halliburton stock opened at $35.24 on Friday. The business has a 50 day simple moving average of $37.71 and a two-hundred day simple moving average of $36.28. Halliburton has a 12 month low of $20.17 and a 12 month high of $43.59. The stock has a market capitalization of $29.44 billion, a P/E ratio of 19.37, a PEG ratio of 1.63 and a beta of 0.71. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.08 and a quick ratio of 1.54.
Halliburton Dividend Announcement
Insiders Place Their Bets
In other news, CFO Eric Carre sold 24,778 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $35.89, for a total transaction of $889,282.42. Following the transaction, the chief financial officer owned 148,520 shares of the company’s stock, valued at approximately $5,330,382.80. The trade was a 14.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Tobi M. Young sold 6,125 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $41.72, for a total transaction of $255,535.00. Following the completion of the sale, the director directly owned 15,250 shares of the company’s stock, valued at $636,230. This represents a 28.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 258,255 shares of company stock worth $10,550,535. 0.57% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Halliburton
Institutional investors and hedge funds have recently bought and sold shares of the company. State Street Corp raised its position in shares of Halliburton by 1.7% during the 4th quarter. State Street Corp now owns 50,825,761 shares of the oilfield services company’s stock valued at $1,436,336,000 after buying an additional 861,964 shares during the period. Charles Schwab Investment Management Inc. grew its position in Halliburton by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 31,097,164 shares of the oilfield services company’s stock worth $878,806,000 after acquiring an additional 443,064 shares during the period. Morgan Stanley grew its position in Halliburton by 14.0% in the fourth quarter. Morgan Stanley now owns 15,806,168 shares of the oilfield services company’s stock worth $446,682,000 after acquiring an additional 1,943,845 shares during the period. Dimensional Fund Advisors LP increased its stake in Halliburton by 9.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 9,135,287 shares of the oilfield services company’s stock worth $258,189,000 after acquiring an additional 770,764 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in Halliburton by 85.5% during the second quarter. AQR Capital Management LLC now owns 8,610,870 shares of the oilfield services company’s stock worth $175,490,000 after acquiring an additional 3,969,759 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have weighed in on HAL. Jefferies Financial Group restated a “buy” rating and issued a $47.00 price objective on shares of Halliburton in a report on Sunday, April 26th. TD Cowen upped their target price on shares of Halliburton from $40.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Griffin Securities upgraded shares of Halliburton from a “neutral” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Wednesday, April 22nd. UBS Group raised their price target on shares of Halliburton from $39.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Finally, Morgan Stanley set a $41.00 price target on shares of Halliburton in a research report on Wednesday. Nineteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $43.27.
Read Our Latest Analysis on Halliburton
Key Halliburton News
Here are the key news stories impacting Halliburton this week:
- Positive Sentiment: Halliburton won multiple multi-year Saudi Aramco contracts, including work tied to the Jafurah gas project and a 285-well campaign, expanding its footprint in a key growth market. Halliburton Lands Aramco Deal for Saudi Arabia’s Jafurah Gas Project
- Positive Sentiment: Offshore and industry coverage pointed to Halliburton “reaping rewards” from Aramco-led awards, reinforcing expectations for stronger international activity and backlog growth. Deals of the week: Halliburton reaps rewards as Aramco leads the prizegiving
- Positive Sentiment: Analysts also highlighted Halliburton’s deepwater momentum, suggesting continued strength in activity trends beyond Saudi Arabia. Halliburton (NYSE:HAL) Gains on Deepwater Momentum
- Neutral Sentiment: Halliburton is nearing its Q2 earnings report, with investors watching for signs that stronger completion and drilling activity offset Middle East disruptions and higher costs. Halliburton Set to Report Q2 Earnings: Key Things To Watch
- Neutral Sentiment: Coverage from MarketWatch and other outlets largely reiterated the Aramco contract news, which keeps the market focused on backlog and project execution rather than a new catalyst. Halliburton Gets Aramco Contracts for Saudi Oil Wells
About Halliburton
Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.
The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.
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