Halliburton Q2 2026 Earnings Beat on International Demand

Halliburton reported higher earnings and revenue for the second quarter of 2026, driven by strong international demand and a recovery in North American activity that offset a significant decline in the Middle East due to ongoing regional conflict. The oilfield services giant announced its results on Tuesday, July 21.

The company posted net income of $534 million, or $0.64 per diluted share, for the quarter ended June 30. Revenue rose to $5.71 billion from $5.51 billion a year earlier. Adjusted earnings were $0.55 per share, slightly above analyst expectations.

CEO Jeff Miller said the company sees a strong global outlook, pointing to a growing pipeline of international contracts and an expected continuation of the North American recovery through the rest of the year. He highlighted growing demand for the company's technologies and services across all regions.

Operationally, the company's performance was mixed geographically. Revenue from North America increased 7% sequentially to $2.3 billion, reflecting stronger U.S. land stimulation and well construction activity. International revenue overall climbed 5% to $3.4 billion. Europe and Africa posted the strongest growth, rising 19%...