Halliburton Co. HAL

What this company does

Halliburton Company provides products and services to the energy industry across the lifecycle of the reservoir, including locating hydrocarbons and managing geological data, drilling and formation evaluation, well construction and completion, and production optimization. With over 46,000 employees, representing 146 nationalities, the Company operates in more than 70 countries. In 2025, 39% of the Company's consolidated revenue came from the United States, based on the location of services provided and products sold. Halliburton operates under two divisions that form the basis of its two reportable segments, the Completion and Production segment and the Drilling and Evaluation segment. The Completion and Production segment delivers cementing, stimulation, specialty chemicals, intervention, pressure control, artificial lift, and completion products and services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, fluids, evaluation and wellbore placement solutions that enable customers to model, measure, drill, and optimize well construction activities. The Company's predecessor was established in 1919 and incorporated under the laws of the State of Delaware in 1924.

Written from the business description in HALLIBURTON COMPANY's annual report to the U.S. Securities and Exchange Commission, filed 6 February 2026. Every sentence was checked against that document before publication.