Every material Form 8-K Halliburton has filed with the SEC since November 07, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Halliburton reported third-quarter 2026 revenue of $5.7 billion, flat from the second quarter and up from $5.6 billion a year earlier. GAAP net income fell to $417 million, or $0.50 per diluted share, from $534 million, or $0.64, in the second quarter, after a $107 million pre-tax charge mainly for severance; adjusted EPS rose to $0.60 from $0.55. Management said its early outlook for 2027 calls for mid-single digit revenue growth and operating margins of about 15%.
Q3 2026 revenue was $5.7 billion, flat sequentially and up from $5.6 billion in Q3 2025.
GAAP net income was $417 million, or $0.50 per diluted share, versus $18 million, or $0.02, a year earlier and $0.64 in Q2 2026.
Adjusted net income was $501 million, or $0.60 per diluted share, versus $461 million, or $0.55, in Q2 2026.
Management's early 2027 outlook is mid-single digit revenue growth and operating margins of about 15%, assuming a flat North America market.
Halliburton's Board appointed David C. Hernandez, president of Hunt Consolidated, as a director on October 15, 2026, filling a vacancy and keeping the Board at 12 members. The appointment also shifts committee seats, moving Timothy A. Leach from the Audit Committee to the Compensation Committee, and gives Hernandez an initial award of 961 restricted stock units.
Hernandez joins the Board on October 15, 2026 and is appointed to the Audit Committee and the Health, Safety and Environment Committee.
The Board has determined Hernandez is independent under NYSE listing standards and designated him an audit committee financial expert.
Timothy A. Leach moves from the Audit Committee to the Compensation Committee.
Hernandez receives an initial award of 961 restricted stock units and entered into an indemnification agreement with Halliburton on October 15, 2026.
Halliburton reported second-quarter 2026 revenue of $5.7 billion, up from $5.4 billion in the first quarter, and net income of $534 million, or $0.64 per diluted share. Adjusted net income per diluted share, which excludes $95 million of pre-tax impairments and other credits, was $0.55, the same as in the first quarter and the second quarter of 2025, so shareholders saw higher reported revenue and profit but no change in adjusted earnings per share.
Total revenue of $5.7 billion versus $5.4 billion in the first quarter of 2026; operating income of $778 million versus $679 million
Net income of $534 million, or $0.64 per diluted share, including a $95 million pre-tax credit; adjusted net income per diluted share of $0.55
Adjusted operating margin of 12%; cash flow from operations of $824 million and free cash flow of $668 million
During the quarter, Halliburton repurchased about $200 million of common stock and paid dividends of $0.17 per share
Halliburton reported first-quarter 2026 net income of $461 million, or $0.55 per diluted share, up from $0.24 a year earlier, though that prior-year figure included $356 million in impairments and other charges. Against the adjusted prior-year result of $0.60 per share, earnings declined, and revenue was flat at $5.4 billion, so shareholders see mixed results for the quarter.
Net income attributable to the company was $461 million, or $0.55 per diluted share, versus $204 million, or $0.24, in Q1 2025; adjusted Q1 2025 EPS was $0.60.
Total revenue was $5.4 billion ($5,402 million), essentially flat versus $5,417 million in Q1 2025.
Operating income was $679 million, compared with $431 million in Q1 2025 and adjusted operating income of $787 million.
Free cash flow was $123 million, the company repurchased about $100 million of stock, and paid dividends of $0.17 per share.
Halliburton reported fourth-quarter 2025 net income of $589 million, or $0.70 per diluted share, up from $18 million, or $0.02 per share, in the third quarter, on revenue of $5.7 billion. For the full year, revenue fell to $22.2 billion from $22.9 billion and operating income fell to $2.3 billion from $3.8 billion, so shareholders see a stronger quarter within a weaker year.
Q4 2025 net income $589 million, or $0.70 per diluted share, versus $0.70 in Q4 2024 and $0.02 in Q3 2025
Adjusted net income $576 million, or $0.69 per diluted share, versus $0.58 in Q3 2025
Full-year 2025 revenue $22.2 billion versus $22.9 billion in 2024; operating income $2.3 billion versus $3.8 billion
Q4 2025 repurchases of $250 million of common stock and dividends of $0.17 per share
Halliburton's board appointed Casey Maxwell, currently senior vice president, North America Land, as President, Western Hemisphere, effective February 1, 2026. Mark Richard, who held the role, will serve as senior advisor to Chairman, President and CEO Jeff Miller. The filing is a management change for one of the company's regions and does not include financial results or guidance.
Casey Maxwell, 44, becomes President, Western Hemisphere, effective February 1, 2026; the board made the appointment on January 13, 2026.
His employment agreement provides for a minimum annual base salary of $800,000 and participation in Halliburton's annual and long-term incentive plans.
Maxwell succeeds Mark Richard, who will serve as senior advisor to Chairman, President and CEO Jeff Miller.
Halliburton appointed Jeffrey Shannon Slocum, currently president of the Eastern Hemisphere, as executive vice president and chief operating officer effective January 1, 2026, and added him to the 13-member board as a management director. Slocum will be responsible for global operations, business development, health, safety and environment, and global technology, reporting to chairman, president and CEO Jeff Miller. The change shifts operating responsibility to a new leader and expands the board, though the filing contains no financial results or guidance.
Slocum's base salary is a minimum of $1,000,000 a year under his new executive agreement, effective January 1, 2026.
The board increases from 12 to 13 directors; Slocum's initial term runs until the 2026 Annual Meeting of Shareholders.
Rami Yassine, currently senior vice president for the Middle East North Africa region, succeeds Slocum as president, Eastern Hemisphere, with a minimum base salary of $800,000.
Halliburton's board increased its size from 11 to 12 directors and appointed Timothy A. Leach, a retired ConocoPhillips executive, effective December 2, 2025. Mr. Leach will stand for shareholder election at the 2026 Annual Meeting, and the filing describes no financial results or guidance changes.
Timothy A. Leach appointed to the board on December 2, 2025; board expanded from 11 to 12 directors.
Leach retired from ConocoPhillips in August 2025 after a 40-year career; previously chairman and CEO of Concho Resources.
Initial equity award of restricted stock units valued at $200,000; indemnification agreement signed December 2, 2025.
Board expects to appoint Leach to committees in February 2026.
Halliburton reported third quarter 2025 net income attributable to the company of $18 million, or $0.02 per diluted share, down from $472 million, or $0.55 per share, in the second quarter. Revenue rose to $5.6 billion from $5.5 billion, but the company recorded $392 million in impairments and other charges, including severance costs, and a $125 million tax valuation allowance. Excluding these items, adjusted net income was $496 million, or $0.58 per diluted share, compared with $0.73 a year earlier.
Net income of $18 million, or $0.02 per diluted share, versus $0.55 in Q2 2025 and $0.65 in Q3 2024
Adjusted net income of $496 million, or $0.58 per diluted share, versus $0.73 in Q3 2024
Revenue of $5.6 billion; operating income of $356 million versus $727 million in Q2 2025
Repurchased approximately $250 million of stock; the company cites estimated savings of $100 million per quarter
On August 18, 2025, Halliburton entered into a new $3.5 billion five-year revolving credit agreement with Citibank as agent, and terminated its existing $3.5 billion 2022 credit agreement that the new facility replaces. The filing says the new agreement is for general working capital purposes and runs to August 16, 2030, but it does not describe any change in borrowing capacity or pricing.
New $3.5 billion five-year revolving credit agreement dated August 18, 2025, with Halliburton Operations Finance Company, LLC as co-borrower
Stated termination date of the new agreement is August 16, 2030
Replaces the 2022 Credit Agreement dated April 27, 2022, which had the same $3.5 billion size
Citibank, N.A. serves as agent under both agreements
Halliburton reported second-quarter 2025 net income of $472 million, or $0.55 per diluted share, on revenue of $5.5 billion, compared with $709 million, or $0.80 per share, a year earlier. The CEO said the oilfield services market will be softer than he previously expected over the short to medium term, and that the company will take action to address the near-term softness.
Q2 2025 net income $472 million ($0.55 per diluted share) vs. $709 million ($0.80) in Q2 2024 and $204 million ($0.24) in Q1 2025
Revenue $5.5 billion, up from $5.4 billion in Q1 2025 but down from $5.8 billion in Q2 2024; operating income $727 million vs. $1,032 million a year earlier
Repurchased approximately $250 million of common stock and paid dividends of $0.17 per share in the quarter
Free cash flow of approximately $582 million in the quarter
Halliburton said Stephanie Holzhauser will become senior vice president and chief accounting officer on July 16, 2025, replacing Charles E. Geer Jr., who is leaving to pursue an opportunity outside the energy services industry. The filing states Geer's departure was not the result of any disagreement with the company on operations, policies or practices, and Holzhauser will serve as the principal accounting officer.
Charles E. Geer Jr. gave notice of resignation on July 8, 2025, effective July 16, 2025 as chief accounting officer and July 31, 2025 as senior vice president.
The Board appointed Stephanie Holzhauser on July 9, 2025; she has been vice president of operations finance at Halliburton since April 2023.
Her employment agreement provides for a minimum annual base salary of $450,000 and participation in the company's incentive and equity plans.
The filing discloses that her brother, Phillip Spoelker, a non-executive employee, received total compensation of about $240,000 from January 1, 2024 through June 30, 2025.
Halliburton reported first-quarter 2025 results, with revenue of $5.4 billion, down from $5.8 billion a year earlier. Net income fell to $204 million, or $0.24 per diluted share, from $606 million, or $0.68, in the first quarter of 2024, after a $356 million pre-tax charge for severance, asset impairments and other items.
Revenue was $5.4 billion, compared with $5.8 billion in Q1 2024.
Net income was $204 million, or $0.24 per diluted share, versus $606 million, or $0.68, a year earlier.
Adjusted net income per diluted share was $0.60, compared with $0.76 in Q1 2024; the $356 million charge was excluded from the adjusted figure.
Halliburton repurchased approximately $250 million of its common stock and paid dividends of $0.17 per share during the quarter.
Halliburton reported fourth-quarter 2024 net income of $615 million, or $0.70 per diluted share, up from $0.65 in the third quarter but down from $0.74 a year earlier. Revenue fell to $5.6 billion from $5.7 billion in the third quarter, and management said it expects 2025 to be sequentially softer in North America.
Q4 2024 net income of $615 million, or $0.70 per diluted share, versus $0.65 in Q3 2024 and $0.74 in Q4 2023
Total revenue of $5.6 billion, compared with $5.7 billion in Q3 2024 and $5.7 billion in Q4 2023
Full-year 2024 revenue was $22.9 billion, flat versus 2023, and diluted EPS was $2.83 versus $2.92
Management expects 2025 to be sequentially softer in North America; the company repurchased about $309 million of stock in Q4 2024
Halliburton said director Bhavesh (Bob) V. Patel told the board on January 6, 2025, that he will not stand for re-election and will retire early to pursue other opportunities. He will remain a director until his term ends just before the May 21, 2025 annual shareholder meeting. The company said the decision did not stem from any disagreement with Halliburton over its operations, policies, or practices.
Patel notified the board on January 6, 2025.
He will not stand for re-election and will serve until just before the annual shareholder meeting on May 21, 2025.
Halliburton said the departure was not due to any disagreement on company operations, policies, or practices.
Halliburton reported third-quarter 2024 net income of $571 million, or $0.65 per diluted share, down from $709 million, or $0.80, in the second quarter. Revenue fell to $5.7 billion from $5.8 billion, and results included a $116 million pre-tax charge tied to severance, an asset impairment, a cybersecurity incident and other items. Management said full-year expectations for free cash flow and cash return to shareholders are unchanged and expects both to accelerate in the fourth quarter.
Revenue was $5.7 billion, compared with $5.8 billion in the second quarter of 2024.
Operating income was $871 million, versus $1.0 billion in the second quarter; adjusted operating income was $987 million.
Adjusted net income was $641 million, or $0.73 per diluted share, excluding the $116 million pre-tax charge and tax adjustments.
Management cited a $0.02 per share impact to adjusted earnings from lost or delayed revenue due to the August cybersecurity event and Gulf of Mexico storms.
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