Halliburton (NYSE:HAL) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Halliburton (NYSE:HAL) issued its quarterly earnings results on Tuesday. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05, FiscalAI reports. Halliburton had a return on equity of 19.04% and a net margin of 6.95%.The business had revenue of $5.40 billion during the quarter, compared to analyst estimates of $5.37 billion. During the same quarter in the prior year, the business posted $0.60 EPS. Halliburton’s revenue for the quarter was down .3% compared to the same quarter last year.

Here are the key takeaways from Halliburton’s conference call:

• Halliburton expects meaningful near-term disruption from the Middle East conflict, with logistics and fuel cost inflation and a built‑in Q2 EPS headwind of $0.07–$0.09 (Q1 was ~$0.02–$0.03), and recovery timing remains uncertain.
• Q1 results showed resilience with $5.4B revenue, 13% operating margin, $273M cash from operations and $123M free cash flow, plus a $100M buyback and management saying repurchases will accelerate in Q2/H2.
• North America is showing early signs of recovery—Q2 “white space” has largely filled, spot demand and premium equipment tightening are emerging, and Halliburton will prioritize returns while scaling Zeus IQ and iCruise technology.
• Outside the Middle East the international business is gaining momentum (Latin America +22% YoY) highlighted by a multi‑billion YPF award in Argentina and offshore wins in Guyana/Suriname, supporting mid‑ to high‑single‑digit full‑year growth ex‑ME.
• Halliburton is expanding its technology edge via the Sekal acquisition (rig automation enabling closed‑loop geosteering), broader deployment of electrified Zeus fleets and a developing VoltaGrid pipeline (~400 MW of interest), which could drive differentiated, higher‑value work.

Halliburton Stock Up 1.4%

HAL stock opened at $39.65 on Friday. Halliburton has a 52 week low of $19.22 and a 52 week high of $41.18. The company has a market cap of $33.11 billion, a P/E ratio of 21.78, a P/E/G ratio of 1.73 and a beta of 0.68. The company’s 50-day moving average price is $36.61 and its 200 day moving average price is $31.40. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.65.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th were paid a $0.17 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $0.68 annualized dividend and a dividend yield of 1.7%. Halliburton’s dividend payout ratio (DPR) is 37.36%.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q1 results beat expectations — EPS topped consensus and margins improved on international strength, supporting the bullish narrative. Halliburton Q1 beats expectations
• Positive Sentiment: Multiple broker upgrades and price‑target raises (examples: TD Cowen, Citigroup, Argus, HSBC, RBC, Morgan Stanley, JPMorgan, Stifel, Griffin) are lifting investor sentiment and implied upside. Analyst upgrades after Q1
• Positive Sentiment: Management commentary: CEO says U.S. oil is in the “early innings” of a rebound and that a drilling ramp‑up is coming — reinforcing expectations for higher activity and service demand. CEO comments on rebound
• Positive Sentiment: Index/sector positioning: Halliburton is getting more spotlight in Russell 1000 energy reweighting, which can support demand from passive/ETF flows. Russell 1000 spotlight
• Neutral Sentiment: Longer‑term industry backdrop: reports project mid-single‑digit CAGR growth for oilfield services over the next decade — positive for structural demand but not an immediate catalyst. Oilfield services market forecast
• Neutral Sentiment: Analyst consensus remains around a “moderate buy” — broad support but not unanimous, so momentum depends on future execution and guidance. Consensus analyst recommendation
• Negative Sentiment: Company warned of higher costs tied to the Iran war, which could pressure margins and offset some upside from stronger activity. Higher costs from Iran war
• Negative Sentiment: Some cautionary notes and downgrades (e.g., Seeking Alpha analysis, a sell rating from Zephirin, Barclays’ equal‑weight) signal rising uncertainty and profit‑taking risk after the recent rally. Downgrade/uncertainty note

Insider Buying and Selling at Halliburton

In other Halliburton news, EVP Van H. Beckwith sold 19,618 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $33.82, for a total transaction of $663,480.76. Following the transaction, the executive vice president owned 344,535 shares of the company’s stock, valued at $11,652,173.70. This represents a 5.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Margaret Katherine Banks sold 2,600 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $34.17, for a total transaction of $88,842.00. Following the completion of the sale, the director directly owned 14,043 shares in the company, valued at $479,849.31. This represents a 15.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 189,960 shares of company stock worth $7,406,724. 0.57% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HAL. AQR Capital Management LLC lifted its stake in Halliburton by 85.5% during the second quarter. AQR Capital Management LLC now owns 8,610,870 shares of the oilfield services company’s stock worth $175,490,000 after purchasing an additional 3,969,759 shares during the last quarter. Caisse de depot et placement du Quebec lifted its position in shares of Halliburton by 163.8% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 4,992,111 shares of the oilfield services company’s stock worth $122,806,000 after buying an additional 3,100,037 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Halliburton by 119.2% during the 3rd quarter. Franklin Resources Inc. now owns 4,488,547 shares of the oilfield services company’s stock valued at $110,418,000 after buying an additional 2,440,675 shares during the last quarter. Morgan Stanley raised its stake in Halliburton by 14.0% during the fourth quarter. Morgan Stanley now owns 15,806,168 shares of the oilfield services company’s stock worth $446,682,000 after acquiring an additional 1,943,845 shares during the period. Finally, Schroder Investment Management Group boosted its stake in Halliburton by 40.8% in the fourth quarter. Schroder Investment Management Group now owns 5,328,496 shares of the oilfield services company’s stock valued at $150,583,000 after acquiring an additional 1,543,883 shares during the period. 85.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HAL has been the topic of several research analyst reports. Capital One Financial boosted their price target on shares of Halliburton from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. Zephirin Group boosted their target price on shares of Halliburton from $30.00 to $31.00 and gave the company a “sell” rating in a research note on Wednesday. Barclays boosted their price target on Halliburton from $29.00 to $37.00 and gave the company an “equal weight” rating in a report on Wednesday. TD Cowen lifted their price objective on shares of Halliburton from $40.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group boosted their price objective on shares of Halliburton from $40.00 to $44.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Seventeen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $40.73.

About Halliburton

Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.

The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.