Halliburton is one of the world's largest providers of products and services to the oil and natural gas industry, operating through two segments: Completion and Production, and Drilling and Evaluation. The company helps customers maximize asset value across the full reservoir lifecycle — from locating hydrocarbons and managing geological data, to drilling, formation evaluation, well construction, completion, and production optimization. Halliburton employs over 46,000 people representing 146 nationalities in more than 70 countries.
In 2025, total revenue declined 3% year-over-year, with International revenue down 2% and North America down 6%. Operating margins were 17% for Completion and Production and 15% for Drilling and Evaluation. The company generated $2.9 billion in operating cash flow, maintained capital expenditures at approximately 6% of revenue, and returned $1.6 billion to shareholders through dividends and share repurchases. Its North American fracturing fleet reached 50% transition to Zeus electric pumps.
Completion And Production 58% · Drilling And Evaluation 42%
business segments · FY2025 (ended Dec 2025) · share of tagged segment revenue (10-K XBRL, as filed)
