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Halliburton Q2 Revenue Falls Short as U.S. Operations Struggle

Despite international growth, Halliburton's North American revenue decline impacts overall performance.

  • Halliburton reported Q2 earnings of $0.80 per share, matching estimates.
  • Total revenue was $5.83 billion, below the expected $5.95 billion.
  • North American revenue dropped 8%, driven by reduced pressure pumping services.
  • International revenue increased by 8%, with strong performance in Europe, Asia, and Latin America.
  • Halliburton's stock fell 4.9% following the earnings report, underperforming the market.
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