Wednesday, August 12, 2026

Halliburton’s Guided Tour of the U.S. Basin Slowdowns

Frac market temporarily weakening Like oilfield services giant Schlumberger (ticker: SLB) reported on Friday, this week Halliburton (ticker: HAL) said it too is seeing a slowdown in the overall U.S. frac landscape. The company saw a slight increase in revenue in Q3 despite the slowdown, receiving $6.17 billion compared to $6.15 billion in Q2. Operating and net income showed declines,