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Halliburton: Oil Markets Are “Softer” and Will Remain Weak for All of 2025
HOUSTON, TEXAS, JUL 22 – Halliburton’s Q2 net income rose to $472 million despite a 9% year-over-year North America revenue decline due to reduced oilfield activity and payment delays from Pemex.
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Fracking Giant Halliburton Warns of Softer Oilfield Services Market
Despite posting second-quarter earnings in line with expectations, Halliburton Company (NYSE: HAL) warned on Tuesday that the oilfield services market will be softer in the short to medium term than previously expected. Halliburton reported today a net income of $472 million, or $0.55 per share, for the second quarter of 2025. That’s up from the net income of $204 million, or $0.24 per share, for the first quarter of 2025. The Q2 per-share ear…
Halliburton Forecasts Steep Full-Year Revenue Decline on Softer Demand - Energy News, Top Headlines, Commentaries, Features & Events
By Arathy Somasekhar and Tanay Dhumal North America revenue to decline in low-double digits in 2025 2025 international revenue to contract by mid-single digits Trump tariffs to hit profit by $35 million in Q3 HAL shares down 0.7% at $21.03. July 22 (Reuters) – Oilfield services company Halliburton (HAL.N) forecast a sharp decline in full-year ...
Halliburton says Mexico oil output decline rates will pressure reactivation of business – Oil & Gas 360
(Investing) – HOUSTON -U.S. oilfield service provider Halliburton (NYSE:HAL) on Tuesday said Mexico’s crude production decline rates are creating pressure for a reactivation of business amid long delays from state-run Pemex to pay its suppliers. Output of crude and condensate by Pemex, the largest producer in the country, fell 8.4% in May to 1.64 million barrels per day, according to official figures. Oilfield service companies have significantly
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