Stock research

Halliburton Company (HAL) Stock Research

Halliburton provides drilling, completion, and production services to oil and gas producers.

Halliburton Company reported net income of $1.3B for the fiscal year ended December 31, 2025. Source: Form 10-K filed February 6, 2026

SEC data as of

Ticker
HAL
Exchange
NYSE
Sector
Energy
Founded
—
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About Halliburton

Exchange
NYSE: HAL
Sector
Energy
SEC industry
Oil & Gas Field Services, NEC (SIC 1389)
Fiscal year end
December 31

HAL key financials

Reported figures from Halliburton Company's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Net income$1.3B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$2.9B2025-01-01 – 2025-12-31SEC filing
Shares outstanding838MAs of 2026-01-30SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in HAL

Halliburton Company sits in Energy. Oil and gas producers, refiners, and services — cash-flow machines when commodity prices are high, and a hedge against inflation and conflict. We have not yet written company-specific drivers for HAL; the forces that matter most for the sector are:

  • ◆Crude and natural-gas prices
  • ◆OPEC+ supply decisions
  • ◆Geopolitics and supply disruptions
  • ◆Capital discipline and shareholder returns

Key questions for the HAL thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does HAL's reported profit turn into cash?

Operating cash flow was $2.9B, 2.28 times net income of $1.3B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 6, 2026

Members-only research

What members are reading this month

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

Read the full research

Congressional trading in HAL

PoliticianTrade dateTypeOwnerAmountSource
Gilbert Cisneros2026-01-09SaleSelf$1,001 - $15,000Filing #20033983
Gilbert Cisneros2025-12-19SaleSelf$1,001 - $15,000Filing #20033762
Gilbert Cisneros2025-11-12PurchaseSelf$1,001 - $15,000Filing #20033619
Gilbert Cisneros2025-09-05PurchaseSelf$1,001 - $15,000Filing #20032248
Gilbert Cisneros2025-08-05PurchaseSelf$1,001 - $15,000Filing #20031022
Lisa McClain2025-06-24SaleSpouse$1,001 - $15,000Filing #20030891
Lisa McClain2025-06-17PurchaseSpouse$1,001 - $15,000Filing #20030891
Robert Bresnahan2025-05-15SaleSelf$1,001 - $15,000Filing #20030482
Jefferson Shreve2025-05-12SaleSelf$15,001 - $50,000Filing #20030387
Jefferson Shreve2025-05-08PurchaseSelf$15,001 - $50,000Filing #20030387

All verified HAL congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

HAL — frequently asked questions

What does Halliburton Company do?

Halliburton provides drilling, completion, and production services to oil and gas producers.

What were HAL's latest reported annual revenue and net income?

Halliburton Company reported net income of $1.3B for the fiscal year ended December 31, 2025. The figures come from Halliburton Company's SEC XBRL filings.

When does Halliburton Company's fiscal year end?

The SEC lists Halliburton Company's fiscal year end as December 31.

Do members of Congress trade HAL?

The current verified House and Senate snapshot contains 14 transaction rows for HAL, each linked to the original filing.

Is HAL a good investment?

This page does not rate HAL as a buy or sell. It sets out what Halliburton Company reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the HAL numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included