Halliburton Reports Q3 2026 Earnings with Mixed Regional Performance and Guidance for 2027
Halliburton reported mixed results in its third-quarter earnings, driven by strong international performance but weaker activity in North America. Total revenue reached $5.7 billion as growth in the Middle East and Asia offset reduced stimulation activities on U.S. land. Adjusted operating margin improved to 12.8%, with Drilling and Evaluation contributing significantly due to increased operations across Latin America and the Middle East. The company raised its guidance for 2027, forecasting mid-single-digit revenue growth supported by steady international expansion despite flat North American activity. Management also expects a significant improvement in operating margins—up to 15%—due to cost reductions from structural changes and SAP S/4 platform efficiencies. Share repurchases continued at $250 million during the quarter with over $1.6 billion remaining under current authorizations. Despite these positive indicators, Halliburton warned of ongoing inflationary pressures in key markets like the Middle East and potential disruptions due to geopolitical tensions affecting logistics and costs.
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Topics: adjusted_operating_margin international_growth margin_guidance revenue
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