Halliburton Company's Stock Analysis

Halliburton Appoints New President for Western Hemisphere Operations

Halliburton has appointed Michael Casey Maxwell as President, Western Hemisphere, effective February 1, 2026. Maxwell, who has been with the company for approximately 20 years, previously served as Senior Vice President, North America Land. His experience includes roles in field sales, technical sales, and business development, and he holds a bachelor's degree in architecture and an MBA from Texas Tech University. He succeeds Mark Richard, who will transition to a senior advisory role.

In conjunction with his appointment, Halliburton has entered into an Executive Agreement with Maxwell, which includes a minimum annual base salary of $800,000 and participation in various performance pay and incentive programs. The agreement also provides for severance payments consistent with other executive officers and includes an indemnification agreement effective the same date. A press release announcing this appointment was issued on January 14, 2026.

Jan 14, 2026 16:05:17

Halliburton Appoints New COO and President for 2026

Halliburton Company has appointed Shannon Slocum as Executive Vice President and Chief Operating Officer, effective January 1, 2026. Slocum, who has been with Halliburton for 20 years in various leadership roles, including president of the Eastern Hemisphere, will now oversee global operations. He will also join the Board of Directors, which is expanding from 12 to 13 members. In connection with his appointment, Slocum will receive a minimum annual base salary of $1 million and participate in various performance pay and incentive programs.

Rami Yassine has been appointed as President of the Eastern Hemisphere, effective the same date, succeeding Slocum. Yassine has also held multiple significant positions within Halliburton over his 20-year career, including senior vice president for the Middle East North Africa region. His compensation package includes a minimum annual salary of $800,000 along with participation in similar incentive programs as Slocum. Both executives will enter into indemnification agreements effective January 1, 2026.

Dec 04, 2025 06:32:08

Halliburton Appoints Timothy A. Leach to Board of Directors

Halliburton Company has expanded its Board of Directors from 11 to 12 members with the appointment of Timothy A. Leach, effective December 2, 2025. Mr. Leach brings over 40 years of experience in the oil and gas industry, having recently retired from ConocoPhillips, where he held various executive roles. He will serve an initial term until the 2026 Annual Meeting of Shareholders and will participate in the company’s compensation arrangements for non-management directors, including an equity award of restricted stock units valued at $200,000.

In addition to his role at Halliburton, Mr. Leach is currently on the board of ConocoPhillips and has held leadership positions at Concho Resources and other companies in the sector. His extensive background in upstream operations and corporate governance is expected to contribute to Halliburton's strategic goals. The company has also entered into an indemnification agreement with Mr. Leach, ensuring his protection under certain conditions.

Dec 02, 2025 09:06:44

Halliburton Reports Q3 2025 Financial Results and Metrics

Halliburton Company reported a net income of $18 million, or $0.02 per diluted share, for the third quarter of 2025, with an adjusted net income of $496 million, or $0.58 per diluted share. The company generated total revenue of $5.6 billion, reflecting a slight increase from $5.5 billion in the previous quarter. The operating income for the quarter was $356 million, down from $727 million in Q2 2025, while the adjusted operating income was $748 million. The company also reported cash flow from operations of $488 million and free cash flow of $276 million, alongside share repurchases totaling approximately $250 million.

In its operational segments, Completion and Production generated $3.2 billion in revenue, with a flat operating income compared to the previous quarter. Drilling and Evaluation revenue was $2.4 billion, marking a 2% increase, with a 12% rise in operating income. Geographically, North America saw a 5% revenue increase, while international revenue remained flat. Halliburton also highlighted its commitment to returning cash to shareholders and investing in technology, launching several new products and securing contracts that may enhance future performance.

Oct 21, 2025 06:53:12

Halliburton Holds 20% Stake in Voltagrid

Halliburton Company has disclosed its ownership of a minority interest in Voltagrid, with a fully diluted ownership percentage of approximately 20%. This information may be relevant for investors considering the company's investment portfolio and potential influence on its financial performance.

Oct 14, 2025 16:05:24

Halliburton Secures $3.5 Billion Credit Agreement Replacement

On August 18, 2025, Halliburton Company entered into a new $3.5 billion Five Year Revolving Credit Agreement, which will be used for general working capital purposes. This new agreement replaces the previous $3.5 billion credit agreement established in April 2022, with a termination date set for August 16, 2030.

The new credit agreement includes standard affirmative and negative covenants as well as events of default. The transition to the 2025 Credit Agreement indicates a continued commitment to maintaining liquidity and financial flexibility for the company's operations.

Aug 20, 2025 16:03:36

Halliburton Reports Q2 2025 Financial Results and Metrics

Halliburton Company announced its financial results for the second quarter of 2025, reporting a net income of $472 million, or $0.55 per diluted share, compared to $204 million, or $0.24 per diluted share, in the first quarter of 2025. Total revenue increased to $5.5 billion, up from $5.4 billion in the previous quarter, with an operating margin of 13%. The company also generated cash flow from operations of $896 million and free cash flow of approximately $582 million, alongside $250 million in share repurchases during this quarter.

The company’s Completion and Production segment reported revenue of $3.2 billion, while the Drilling and Evaluation segment generated $2.3 billion in revenue. International revenue saw a slight increase to $3.3 billion, driven by solid performance in Latin America and Europe/Africa, despite a decline in the Middle East/Asia region. Halliburton paid dividends of $0.17 per share and made significant investments in technology, including a new intelligent fracturing process developed with Chevron and a contract with Repsol Resources UK for well lifecycle support.

Jul 22, 2025 06:50:13

Halliburton Announces Leadership Change in Accounting Department

Charles E. Geer, Jr. has announced his resignation as Senior Vice President and Chief Accounting Officer of Halliburton Company, effective July 16, 2025, to pursue another opportunity outside the energy services industry. His departure is not due to any disagreements with the company. Stephanie Holzhauser has been appointed to succeed him, effective the same date, and will also serve as the principal accounting officer. Holzhauser has over 20 years of experience at Halliburton, holding various positions in finance and accounting, most recently as Vice President of Operations Finance since April 2023.

In conjunction with her appointment, Halliburton has entered into an Executive Agreement with Holzhauser, which includes a minimum annual base salary of $450,000 and participation in the company’s performance pay and stock incentive programs. The agreement also provides for severance payments consistent with other executive officers. Additionally, an indemnification agreement will be established for her. The company issued a press release on July 14, 2025, announcing these changes as part of its succession management process.

Jul 14, 2025 08:06:00

Halliburton Reports Decrease in Q1 2025 Earnings and Revenue

Halliburton Company announced a net income of $204 million, or $0.24 per diluted share, for the first quarter of 2025, marking a decline from $606 million, or $0.68 per diluted share, in the same quarter of 2024. The company's revenue for the quarter was $5.4 billion, down from $5.8 billion year-over-year, with an operating margin of 8% and an adjusted operating margin of 14.5%. The company also reported a significant pre-tax charge of $356 million related to severance costs and impairments.

In terms of operating segments, Completion and Production revenue decreased by 8% to $3.1 billion, while Drilling and Evaluation revenue fell by 6% to $2.3 billion compared to the first quarter of 2024. North American revenue experienced a notable 12% decline, attributed to reduced stimulation activity and completion tool sales. Conversely, international revenue showed a slight decrease of 2%, with specific regions like Europe/Africa and Middle East/Asia reporting increases in revenue. Halliburton also engaged in approximately $250 million in share repurchases during the quarter.

Apr 22, 2025 06:52:32

Halliburton Reports $615 Million Net Income for Q4 2024

Halliburton Company announced a net income of $615 million, or $0.70 per diluted share, for the fourth quarter of 2024, showing an increase from $571 million in the previous quarter. The company reported total revenue of $5.6 billion and an operating margin of 17%. Additionally, Halliburton generated $1.5 billion in cash flow from operations and returned over $1.6 billion to shareholders through share repurchases and dividends during the year.

However, the company faced challenges with a 4% sequential decline in Completion and Production revenue, primarily due to lower stimulation activity in North America. Overall, total revenue for the full year of 2024 remained flat compared to 2023, and operating income decreased from $4.1 billion in 2023 to $3.8 billion in 2024. The North America segment saw a 7% revenue decrease in Q4, reflecting ongoing difficulties in the region.

Jan 22, 2025 07:01:56