Overview

• Halliburton posted Q2 2025 adjusted EPS of $0.55 and revenue of $5.51 billion, slightly above consensus estimates.
• CEO Jeff Miller warned that the oilfield services market will be softer than expected in the short to medium term and forecast North America revenues to decline by more than 10% this year.
• International revenue rose 2% sequentially to $3.3 billion with gains in Latin America and Europe/Africa offset by a 4% decline in the Middle East and Asia.
• The company repurchased $250 million in common stock, paid a dividend of $0.17 per share, and invested $32 million in its SAP S4 system migration during the quarter.
• Sector leaders including SLB cited weaker oil prices, tariff uncertainties, and ramped-up OPEC crude volumes as factors extending market softness through 2025.