Halliburton expects Q4 drilling and evaluation revenue to fall 3% to 5% sequentially
HAL•Halliburton expects fourth-quarter drilling and evaluation revenue to decline 3% to 5% sequentially, while completion and production revenue is expected to rise 3% to 5%.
1. Fourth-quarter outlook
Halliburton expects fourth-quarter earnings per share of 62 to 64 cents. It forecasts completion and production margins improving 75 to 125 basis points sequentially, and drilling and evaluation margins flat to up 50 basis points. The company also expects about 12% year-over-year growth in international revenue outside the Middle East in 2026.
