International Companies
Profits beat forecasts at Halliburton
By Abigail Townsend
Date: Tuesday 21 Apr 2026
(Sharecast News) - Halliburton Company posted above-forecast quarterly numbers on Tuesday, despite a slowdown in the Middle East following the outbreak of war.
The Houston, Texas-based oilfield services provider saw net income rise to $0.55 per diluted share in the three months to March end, compared to $0.24 a year previously. Analysts had been expecting net income closer to $0.50 a share.
Total revenues were largely flat at $5.4bn.
Driving the performance was a 22% spike in revenues in Latin America, and a 11% jump in Europe and Africa. That robust demand helped offset a 13% slide in the Middle East/Asia, on the back of lower activity across multiple product service lines in Saudi Arabia and decreased drilling related services in Qatar.
Chief executive Jeff Miller said he was "pleased" with first-quarter trading.
"In North America, I can see clear signs that we are in the early innings of a recovery. In international markets, our performance around the world outpaced disruptions from the Middle East conflict," he said.
As at 1330 BST, Halliburton was up 1% in pre-market trading.
Article Archive
Free Membership To Digital Look
Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.
En HeaderFooterDLYou are here: research