Halliburton (HAL) official guidance
Halliburton (HAL) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteHALHALLIBURTON COFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 10d
2026-10-20 14:12:46 UTC$1.1Bmaintained-12.3% vs FY2025
For the full year 2026, we expect capital expenditures to be about $1.1 billion.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-07-22 04:01:36 UTC$1.1Bmaintained-12.3% vs FY2025
For the full year 2026, we expect capital expenditures to be about $1.1 billion.
HAL · transcript · Q2 FY2026
2026-07-22 04:00:00 UTCOpen source
2026-01-22 05:01:55 UTC$1.1Braised +10.0%
For the full year 2026, we expect capital expenditures to be about $1.1 billion, consistent with our prior guidance adjusted for the timing impact of late deliveries.
HAL · transcript · Q4 FY2025
2026-01-22 05:00:00 UTCOpen source
2025-10-22 04:01:33 UTC$1Bnew
Second, we reset our capital expenditures target for next year, and as a result, I expect capital spending in 2026 to decline by almost 30% to around $1 billion.
HAL · transcript · Q3 FY2025
2025-10-22 04:00:00 UTCOpen source
HALHALLIBURTON COQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 10d
2026-10-20 14:12:46 UTC$300Mnew-11% vs Q4 FY2025
If you take out CapEx net of sales, about $300 million.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
HALHALLIBURTON COFY2027 · ends 2027-12-31
2 metrics2 newearnings call · 10d
2026-10-20 14:12:46 UTC$100M – $150Mnew
But we estimate overall that the cost reduction will be between $100 million and $150 million for next year.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 14:12:46 UTC$250M – $300Mnew
Give or take will be around $250 million, $300 million coming from cost savings.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
HALHALLIBURTON COQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 10d
2026-10-20 14:12:46 UTC$0.62 – $0.64new-11.4% – -8.6% vs Q4 FY2025
As a result, we expect Q4 earnings per share to be approximately $0.62 to $0.64.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
HALHALLIBURTON COFY2026 · ends 2026-12-31
1 metric1 newearnings call · 10d
2026-10-20 14:12:46 UTC$1.6Bnew-4.3% vs FY2025
So, that lands you at about $1.6 billion of free cash flow for the year.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
HALHALLIBURTON COQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 10d
2026-10-20 14:12:46 UTCsequentially higher free cash flownew
Consistent with our expectations, free cash flow in Q3 was down from Q2 level, but we expect sequentially higher free cash flow in Q4.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
HALHALLIBURTON COFY2028+ · ends 2028-12-31
1 metric1 raisedearnings call · 10d
2026-10-20 14:12:46 UTC$3Braised +9.1%
We are tracking to our target of $3 billion of added annual revenue by 2028.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-07-22 04:01:36 UTC$2.5B – $3Bnew
Yeah. Doug, hey, I think we're ahead of schedule as far as that. $2.5 billion-$3 billion by 2028. We think there's upside on that number.
HAL · transcript · Q2 FY2026
2026-07-22 04:00:00 UTCOpen source
HALHALLIBURTON COQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 10d
2026-10-20 14:12:46 UTC$1Bnew-14.2% vs Q4 FY2025
So for Q4 we think cash flow from operation will be about $1 billion.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
HALHALLIBURTON COFY2027 · ends 2027-12-31
1 metric1 maintainedearnings call · 10d
2026-10-20 14:12:46 UTC15%maintained
Our early view of 2027 for Halliburton is revenue growth in the mid-single digits and operating income margins to expand about 200 basis points or to about 15%.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 10:52:00 UTC15%new
“Based on our early outlook for 2027, I expect mid-single digit revenue growth and operating margins of about 15%, an approximately 200 basis point improvement.”
HAL · EX-99.1 · Q3 FY2026
2026-10-20 10:50:56 UTCOpen source
HALHALLIBURTON COQ4 FY2026 · ends 2026-12-31
7 metrics7 newearnings call · 10d
2026-10-20 14:12:46 UTC75 bps – 125 bpsnew
In our C&P division, we expect Q4 revenue to increase 3%-5% and operating margins to improve 75 to 125 basis points.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 14:12:46 UTC0 bps – 50 bpsnew
In our D&E division, after a strong Q3, we expect Q4 revenue to be 3%-5% lower and operating margins to be flat to up 50 basis points.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 14:12:46 UTC70 bpsnew
Turning to Q4, we expect total company revenue to remain approximately flat to Q3, around $5.7 billion, and operating income margin to improve about 70 basis points.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 14:12:46 UTC$5.7Bnew0.8% vs Q4 FY2025
Turning to Q4, we expect total company revenue to remain approximately flat to Q3, around $5.7 billion, and operating income margin to improve about 70 basis points.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 14:12:46 UTC3% – 5%new
In our C&P division, we expect Q4 revenue to increase 3%-5% and operating margins to improve 75 to 125 basis points.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 14:12:46 UTC-5% – -3%new
In our D&E division, after a strong Q3, we expect Q4 revenue to be 3%-5% lower and operating margins to be flat to up 50 basis points.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 14:12:46 UTCgrow both sequentially and year over yearnew
In the fourth quarter, I expect Middle East revenue to grow both sequentially and year over year.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
HALHALLIBURTON COFY2026 · ends 2026-12-31
1 metric1 newearnings call · 10d
2026-10-20 14:12:46 UTC12%new12% vs FY2025
We expect 2026 year-over-year growth in these regions to be about 12%.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
HALHALLIBURTON COFY2027 · ends 2027-12-31
2 metrics1 new1 maintainedearnings call · 10d
2026-10-20 14:12:46 UTCrevenue growth in the mid-single digitsmaintained4% – 6% vs FY2026
Our early view of 2027 for Halliburton is revenue growth in the mid-single digits and operating income margins to expand about 200 basis points or to about 15%.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source
2026-10-20 10:52:00 UTCmid-single digit revenue growthnew4% – 6% vs FY2026
“Based on our early outlook for 2027, I expect mid-single digit revenue growth and operating margins of about 15%, an approximately 200 basis point improvement.”
HAL · EX-99.1 · Q3 FY2026
2026-10-20 10:50:56 UTCOpen source
2026-10-20 14:12:46 UTC$120M – $150Mnew
Overall, the savings are estimated to be anywhere in between $120 million and $150 million.
HAL · transcript · Q3 FY2026
2026-10-20 14:11:00 UTCOpen source