Halliburton Q2 net income $0.55/share; free cash flow $582M; CEO sees softer oilfield services market

HALLIBURTON CO

2025-Q2 EPS reported $0.78 revenue$10,927,000,000

Net income $472M ($0.55 diluted); Q1 net income $204M ($0.24); adjusted Q1 net income $517M ($0.60).
Revenue $5.5B vs $5.4B Q1; operating income $727M vs $431M (adjusted $787M).
Cash from ops $896M; free cash flow $582M; share repurchases ~$250M.
Completion & Production revenue $3.2B (+2% seq); operating income $513M (-3%) on lower US Land pricing.
Drilling & Evaluation revenue $2.3B (+2% seq); operating income $312M (-11%) due to software seasonality and startup costs.

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