Halliburton reported stronger performance in Latin America in the first quarter of 2026, with revenue rising 22% year over year to US$1.1 billion, driven by increased activity across multiple oilfield service lines, according to its April 21 earnings release.
According to the oilfield services provider, the region continued to outperform other segments within the company’s global portfolio.
“This increase was primarily driven by higher activity across multiple product service lines in Ecuador, the Caribbean, and Brazil, and improved stimulation activity in Mexico and Argentina,” the company stated.
The company’s overall revenue for the quarter stood at US$5.4 billion, unchanged from the same period in 2025, while international operations delivered US$3.3 billion, reflecting a 3% increase.
“I am pleased with Halliburton’s performance this quarter,” commented Jeff Miller, Chairman, President, and Chief Executive Officer.
Halliburton reports US$615M Q4 net income, highlighting strong free cash flow | OilNOW
North America revenue declined 4% to US$2.1 billion, weighed down by reduced stimulation and artificial lift activity in U.S. land operations, as well as lower stimulation and fluid services in the Gulf of America. Increased drilling-related services and completion tool sales partially offset the decline.
“In North America, I see clear signs that we are in the early innings of a recovery,” Miller said.
He added that Halliburton’s performance outpaced the current disruptions from the Middle East conflict.
“I expect that our consistent focus on returns and capital discipline will drive long-term success for Halliburton and its shareholders,” Miller continued.
Halliburton, a global energy services provider established in 1919, continues to expand its presence in Guyana, where it has operated since 2015. Its work includes drilling services, cementing, stimulation, reservoir evaluation, and completion services across the offshore oil sector.
The company is a key contractor supporting development activities in the Stabroek Block, where large-scale offshore production continues to expand.
