- Halliburton Company, headquartered in Houston, Texas, is a leading provider of oil and gas equipment and services, specializing in completion, production, and drilling solutions with a reported revenue of $5.4 billion in Q1 2026.
- In the first quarter of 2026, Halliburton launched the HyperSteer MX drill bit, an innovative product designed to enhance drilling efficiency and control, while also reporting a significant increase in net income to $461 million compared to $204 million in Q1 2025.
- Key customers include major oil and gas companies operating in North America and international markets, with recent performance improvements noted despite geopolitical challenges in the Middle East affecting operations.
- Halliburton's ideal buyers are energy companies looking to optimize drilling and production operations, particularly those facing challenges in stimulation activity and pressure pumping services, making their innovative solutions highly relevant in the current market.
Halliburton's workforce is organized into seven departments, with Operations being the largest at 16 employees, followed by Information Technology with 4 and Finance and Engineering each with 3. This distribution indicates a strong emphasis on operational capabilities, which is critical in the oil and gas equipment and services industry. The presence of 32 employees in 'Other' departments suggests a diverse range of specialized roles that support the core functions of the company.
The company's workforce is distributed across 10 locations, with Houston, TX, housing the majority at 4 employees. Other significant locations include Bridgewater, NJ; Lafayette, LA; and Woodland, CA, each contributing 1 employee. The 'Other' category, comprising 48 employees, highlights a broad geographic distribution, indicating a decentralized operational strategy that leverages talent across various regions.
