# HALLIBURTON CO

Summary updated: 2026-09-28T12:08:05.338414Z
Canonical: https://finbar.com/research/companies/halliburton-co

## Overview

Halliburton Company is a global provider of products and services to the energy industry. Its work spans the hydrocarbon reservoir lifecycle, including geological evaluation, drilling, well construction, completion and production optimization. Its stated aim is to collaborate with customers and engineer solutions that maximize the value of their assets. The company traces its origins to a predecessor established in 1919. [1](https://app.finbar.com/go?id=P104311327)[2](https://app.finbar.com/go?id=P6069078)[3](https://app.finbar.com/go?id=P97698872)

Halliburton operates through two segments: Completion and Production, which includes services such as cementing, stimulation and well intervention; and Drilling and Evaluation, which includes reservoir modeling, drilling, fluids and wellbore-placement services. It operates in more than 70 countries across North America, Latin America, Europe, Africa, the Middle East and Asia. Halliburton reported revenue of $22.2 billion in 2025 and employed more than 46,000 people. [4](https://app.finbar.com/go?id=P38476541)[5](https://app.finbar.com/go?id=P66185626)[6](https://app.finbar.com/go?id=P75865497)[7](https://app.finbar.com/go?id=P108132697)[8](https://app.finbar.com/go?id=P84420700)[9](https://app.finbar.com/go?id=T10831151)
[1](https://app.finbar.com/go?id=P104311327)[2](https://app.finbar.com/go?id=P6069078)[3](https://app.finbar.com/go?id=P97698872)[4](https://app.finbar.com/go?id=P38476541)[5](https://app.finbar.com/go?id=P66185626)[6](https://app.finbar.com/go?id=P75865497)[7](https://app.finbar.com/go?id=P108132697)[8](https://app.finbar.com/go?id=P84420700)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)

## Products & services

Halliburton supplies equipment and services for well completion and production. Its offerings include cementing and casing equipment for zonal isolation; downhole completion tools such as liner hangers, sand-control and multilateral systems; hydraulic fracturing and acidizing; electric submersible pumps for artificial lift; and specialty chemicals used in production and flow assurance. [10](https://app.finbar.com/go?id=P118858973)[11](https://app.finbar.com/go?id=P17530438)[12](https://app.finbar.com/go?id=P98072356)[13](https://app.finbar.com/go?id=P54224226)[14](https://app.finbar.com/go?id=P37163381) Its ZEUS electric fracturing equipment includes a pumping unit rated at 5,000 hydraulic horsepower, 22 barrels per minute and 9,500 psi. ZEUS IQ combines automated pumping with subsurface fracture monitoring to help control treatment execution. [15](https://www.halliburton.com/en/products/zeus-electric-pumping-unit)[16](https://www.halliburton.com/en/products/zeus-iq-intelligent-fracturing-platform)

For drilling and evaluation, Halliburton offers Baroid drilling and completion fluids, additives and solids-control services; fixed-cutter and roller-cone drill bits; and Sperry directional drilling, measurement-while-drilling and logging-while-drilling services. [17](https://app.finbar.com/go?id=P8700991)[18](https://app.finbar.com/go?id=P106441454)[19](https://app.finbar.com/go?id=P26046802) Named systems include the iCruise rotary-steerable system for well placement, the iStar drilling-and-logging platform, and EarthStar X resistivity mapping for geosteering. Landmark provides software and cloud-based tools for subsurface analysis, well construction and reservoir and production management. [20](https://www.halliburton.com/en/products/icruise-intelligent-rotary-steerable-system)[21](https://www.halliburton.com/en/products/istar-intelligent-drilling-and-logging-platform)[22](https://www.halliburton.com/en/products/earthstar-x-service)[23](https://app.finbar.com/go?id=P13654021) In 2024, Completion and Production accounted for approximately 58% of company revenue, and Drilling and Evaluation approximately 42%. [24](https://app.finbar.com/go?id=P26935655)[25](https://app.finbar.com/go?id=P11730331)[26](https://app.finbar.com/go?id=P61442039)
[10](https://app.finbar.com/go?id=P118858973)[11](https://app.finbar.com/go?id=P17530438)[12](https://app.finbar.com/go?id=P98072356)[13](https://app.finbar.com/go?id=P54224226)[14](https://app.finbar.com/go?id=P37163381)[17](https://app.finbar.com/go?id=P8700991)[18](https://app.finbar.com/go?id=P106441454)[19](https://app.finbar.com/go?id=P26046802)[23](https://app.finbar.com/go?id=P13654021)[24](https://app.finbar.com/go?id=P26935655)[25](https://app.finbar.com/go?id=P11730331)[26](https://app.finbar.com/go?id=P61442039)[15](https://www.halliburton.com/en/products/zeus-electric-pumping-unit)[16](https://www.halliburton.com/en/products/zeus-iq-intelligent-fracturing-platform)[20](https://www.halliburton.com/en/products/icruise-intelligent-rotary-steerable-system)[21](https://www.halliburton.com/en/products/istar-intelligent-drilling-and-logging-platform)[22](https://www.halliburton.com/en/products/earthstar-x-service)

## Geographic presence

Halliburton operates in more than 70 countries and organizes its operations into four regions: North America, Latin America, Europe/Africa/CIS, and Middle East/Asia. Its principal executive office is in Houston, Texas. [27](https://app.finbar.com/go?id=P116135975)[28](https://app.finbar.com/go?id=P99130070)[29](https://app.finbar.com/go?id=P67209920)

In 2025, North America generated $9.07 billion in revenue, or approximately 41% of the $22.18 billion total; Latin America generated $3.94 billion (18%); Europe/Africa/CIS $3.35 billion (15%); and Middle East/Asia $5.83 billion (26%). [30](https://app.finbar.com/go?id=T8284149) The United States accounted for 39% of consolidated revenue, while no other individual country accounted for more than 10%. [31](https://app.finbar.com/go?id=P18153845)[32](https://app.finbar.com/go?id=P21820246) Halliburton lists major facilities in the United States, United Kingdom, Malaysia, Saudi Arabia and Singapore, as well as shared or corporate facilities in locations including India, the United Arab Emirates, Brazil and Norway. [33](https://app.finbar.com/go?id=P68755716)[34](https://app.finbar.com/go?id=P93972574)[35](https://app.finbar.com/go?id=P61476481)[36](https://app.finbar.com/go?id=P89449797)
[27](https://app.finbar.com/go?id=P116135975)[28](https://app.finbar.com/go?id=P99130070)[29](https://app.finbar.com/go?id=P67209920)[30](https://app.finbar.com/go?id=T8284149)[30](https://app.finbar.com/go?id=T8284149)[30](https://app.finbar.com/go?id=T8284149)[30](https://app.finbar.com/go?id=T8284149)[30](https://app.finbar.com/go?id=T8284149)[31](https://app.finbar.com/go?id=P18153845)[32](https://app.finbar.com/go?id=P21820246)[33](https://app.finbar.com/go?id=P68755716)[34](https://app.finbar.com/go?id=P93972574)[35](https://app.finbar.com/go?id=P61476481)[36](https://app.finbar.com/go?id=P89449797)

## Business segments

Halliburton reports two operating segments. **Completion and Production** provides cementing, stimulation, specialty chemicals, well intervention, pressure control, artificial lift, and completion products and services. It generated $12.78 billion in 2025 revenue, approximately 58% of the company total. [5](https://app.finbar.com/go?id=P66185626)[37](https://app.finbar.com/go?id=P67978467)[38](https://www.sec.gov/Archives/edgar/data/45012/000004501226000015/0000045012-26-000015.txt)

**Drilling and Evaluation** focuses on field and reservoir modeling, drilling, fluids, formation evaluation, and wellbore placement. Its services include drill bits and downhole tools, directional drilling, and measurement and logging while drilling. It generated $9.40 billion in 2025 revenue, approximately 42% of the total. Halliburton also reports revenue by geography—North America, Latin America, Europe/Africa/CIS, and Middle East/Asia—but these are geographic categories rather than additional operating segments. [6](https://app.finbar.com/go?id=P75865497)[39](https://app.finbar.com/go?id=P9216707)[40](https://app.finbar.com/go?id=P113582317)[38](https://www.sec.gov/Archives/edgar/data/45012/000004501226000015/0000045012-26-000015.txt)
[5](https://app.finbar.com/go?id=P66185626)[37](https://app.finbar.com/go?id=P67978467)[9](https://app.finbar.com/go?id=T10831151)[6](https://app.finbar.com/go?id=P75865497)[39](https://app.finbar.com/go?id=P9216707)[40](https://app.finbar.com/go?id=P113582317)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)[9](https://app.finbar.com/go?id=T10831151)[38](https://www.sec.gov/Archives/edgar/data/45012/000004501226000015/0000045012-26-000015.txt)

## Company history

Erle P. Halliburton founded the New Method Oil Well Cementing Company in Duncan, Oklahoma, in 1919. The business developed oil-well cementing methods and began expanding internationally in 1926, when it sold cementing units for use in Burma. In 1949, Halliburton performed one of the first commercial hydraulic-fracturing treatments, establishing a service that became important to the oil industry. [41](https://www.halliburton.com/en/about-us/history)

Halliburton diversified beyond oilfield services in 1962 by acquiring engineering and construction company Brown & Root. Its 1998 merger with Dresser Industries added oilfield-service businesses including Baroid and Sperry and brought Dresser’s M.W. Kellogg business together with Brown & Root. Halliburton subsequently separated the combined engineering and construction business, KBR, completing the separation in 2007. [41](https://www.halliburton.com/en/about-us/history)[42](https://ir.halliburton.com/static-files/672562d9-0e6c-442e-a3b5-69e9418dd7b6)
[41](https://www.halliburton.com/en/about-us/history)[42](https://ir.halliburton.com/static-files/672562d9-0e6c-442e-a3b5-69e9418dd7b6)

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1. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P104311327)
2. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P6069078)
3. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P97698872)
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15. [www.halliburton.com](https://www.halliburton.com/en/products/zeus-electric-pumping-unit)
16. [www.halliburton.com](https://www.halliburton.com/en/products/zeus-iq-intelligent-fracturing-platform)
17. [HALLIBURTON CO — Full financial report (2024 Y)](https://app.finbar.com/go?id=P8700991)
18. [HALLIBURTON CO — Full financial report (2024 Y)](https://app.finbar.com/go?id=P106441454)
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20. [www.halliburton.com](https://www.halliburton.com/en/products/icruise-intelligent-rotary-steerable-system)
21. [www.halliburton.com](https://www.halliburton.com/en/products/istar-intelligent-drilling-and-logging-platform)
22. [www.halliburton.com](https://www.halliburton.com/en/products/earthstar-x-service)
23. [HALLIBURTON CO — Full financial report (2024 Y)](https://app.finbar.com/go?id=P13654021)
24. [HALLIBURTON CO — Full financial report (2024 Y)](https://app.finbar.com/go?id=P26935655)
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27. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P116135975)
28. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P99130070)
29. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P67209920)
30. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=T8284149)
31. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P18153845)
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34. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P93972574)
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36. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P89449797)
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38. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/45012/000004501226000015/0000045012-26-000015.txt)
39. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P9216707)
40. [HALLIBURTON CO — Full financial report (2025 Y)](https://app.finbar.com/go?id=P113582317)
41. [www.halliburton.com](https://www.halliburton.com/en/about-us/history)
42. [ir.halliburton.com](https://ir.halliburton.com/static-files/672562d9-0e6c-442e-a3b5-69e9418dd7b6)

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