Halliburton

Q2 FY2026 EarningsQ2 FY26 exceeded consensus expectations across the board: revenue of $5.71B beat the $5.50B forecast (+3.98%), while diluted GAAP EPS of $0.64 significantly outperformed the $0.54 mean estimate (+18.52%). Drilling and Evaluation (D&E) drove the top-line beat with 7% YoY growth, particularly in Latin America and Europe/Africa. Despite geopolitical disruptions in the Middle East, improved operational efficiency and a lower-than-expected effective tax rate (19.0% vs. 20.3% expected) bolstered the bottom line. Full-year capital expenditure guidance was maintained at $1.1B, in line with consensus expectations.