Halliburton Company (NYSE:HAL) reported Q2 revenue of about $5.714B, GAAP EPS $0.64 and adj. EPS $0.55 with strong international growth and flat North America, won a Basra Oil EPCM contract targeting ~150,000 bpd + gas, even as analysts trimmed price targets.
Previous Week Recap
- Halliburton Q2 2026 Revenue Revenue Growth, EPS Guidance: Halliburton (HAL) Q2 2026: revenue ~$5.714B (+3.7–4%), GAAP EPS $0.64, adj. EPS $0.55, adj. net income $461M, strong international growth, flat North America, guidance for revenue and margin growth
- Halliburton Wins Basra EPCM Contract: Halliburton won an EPCM and field management contract with Basra Oil to develop Bin Umar and Sindbad fields, targeting ~150,000 bpd and 300 MMscf/day gas in phase one; HAL shares premarket $35.23
- Analysts Cut HAL Price Targets: Analysts cut Halliburton (HAL) price targets: Evercore to $43, Morgan Stanley to $40, TD Cowen to $47, Argus to $40; two firms kept Buy ratings.
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