HALHalliburton Company
Halliburton Company (HAL) is a provider of products and services to the oil and gas industry, with a focus on drilling, completion, and production technologies. The next catalyst is Oct 23, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to deliver revenue growth and margin expansion amid a volatile energy market.
- Revenue grew 22.5% YoY in 2011, driven by strong international demand.
- Free cash flow (TTM) reached $4.40B, reflecting disciplined capital allocation.
- Net margin (TTM) stood at 7.3%, with leverage at 0.68x debt-to-equity.
The schedule
- Fri23Oct
Halliburton reports Q3 2026 results amid known Middle East activity declines. Expected to price in between $29.00 and $34.80.
- Tue8Dec
Major E&P operators announce 2027 capital budgets, providing a catalyst for Halliburton's North American onshore outlook. Expected to set a trajectory to $31.50 on positive read-throughs or sink to $27.00 on austerity.
- Fri22Jan
Q4 earnings and full-year 2027 guidance reset. The market will weigh Middle East headwinds against deepwater strength, targeting $34.50 or falling to $28.50.
- Wed24Mar
Expected announcement of major deepwater contract wins in Latin America. A successful update could push HAL to $37.00, while delays risk a drop to $32.00.
- Fri23Apr
Q1 2027 results. Following a likely run-up, seasonal deployment lags could limit upside to $39.50 and expose the stock to a $33.50 fallback.
- Fri23Jul
Q2 2027 results with a focus on summer completions activity and realized offshore revenue. A beat drives shares to $36.50, while a miss floors at $30.50.
Past
- Fri24Jul
Actual outcome: Bear · $31.23 at outcome
Halliburton reported Q2 earnings that met EPS estimates and beat on revenue, driven by strength in international markets like Europe and Latin America. However, the stock fell below the bear floor after management warned of a weakening oilfield services market in the near term and highlighted declining activity in the Middle East due to the ongoing Iran war, prompting analysts to cut their forecasts.
- Wed15Jul
Actual outcome: Bear · $33.03 at outcome
Stock fell 6.3% from event to outcome date, aligning with the bear trajectory.
