Comparing the current results to its competitors, Halliburton reported Revenue decrease in the 1 quarter 2026 year on year by -0.28 %, despite the revenue increase by the most of its competitors of 6.19 %, recorded in the same quarter.
Halliburton Company Net Income in the 1 quarter 2026 grew year on year by 128.57%, faster than the Halliburton's competitors average income growth of 15.89 %
Halliburton's Comment on Competition and Industry Peers
Markets and competition Because the markets for our services and products are vast and cross numerous
geographic lines, it is not practicable to provide a meaningful estimate of
the total number of our competitors. The industries we serve are highly competitive,
and we have many substantial competitors. Most of our services and products
are marketed through our servicing and sales organizations.
Operations in some countries may be adversely affected by unsettled political
conditions, acts of terrorism, civil unrest, expropriation or other governmental
actions, foreign currency exchange restrictions, and highly inflationary currencies,
as well as other geopolitical factors. We believe the geographic diversification
of our business activities reduces the risk that loss of operations in any one
country, other than the United States, would significantly impact the conduct
of our operations taken as a whole.
October 16, 2025
In an unprecedented move within the subsea oil and gas sector, Halliburton (NYSE: HAL) has successfully collaborated with Aker BP to execute the first umbilical-less tubing hanger installation off the Norwegian continental shelf. Utilizing state-of-the-art technologies the Enhanced Remote Operated Control System (eROCS) and the Optime Tubing Hanger Orientation System (OTHOS) this operation represents a significant leap in subsea control and completions.This operation not only sets a new standard for Halliburton’s subsea initiatives but also heralds broader possibilities for digital control solutions that eschew traditional umbilical connections. The implications of this achievement suggest a shift in oper...
Atlas Energy Solutions Inc.'s business model revolves around providing sustainable energy solutions and services to commercial, industrial, and residential clients through the development, installation, and maintenance of renewable energy systems, including solar power and energy storage. They aim to enable businesses and individuals to transition to cleaner and more efficient energy sources while reducing their carbon footprint.
Core Laboratories N.V. is a provider of products and services for the oil and gas industry, specializing in reservoir description, production enhancement, and reservoir management.
Oceaneering International Inc operates as a global provider of engineered services and products, primarily serving the offshore oil and gas industry. Their business model includes offering a comprehensive range of services such as remotely operated vehicles, drilling support, subsea hardware, and asset integrity solutions.
Schlumberger Limiteds business model revolves around providing advanced technologies and services to the oil and gas sector. They focus on enhancing exploration, development, production, and reservoir management through innovation and specialized expertise, serving a global client base in the energy industry.
Patterson-UTI Energy Inc. operates as a provider of onshore drilling services and related equipment for oil and natural gas companies. Their business model is centered around offering drilling solutions, including rigs, directional drilling services, and pressure pumping services, to help their clients extract and produce energy resources. They aim to leverage their extensive fleet and expertise to deliver efficient and high-quality drilling services, contributing to the growth and success of energy companies in the United States.
Sources:
Halliburton Company’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Halliburton Company versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
