Halliburton Company has released its 2025 Form 10-K report, revealing a decline in total revenue, operating income, and net income compared to previous years, primarily due to increased impairments and a material cybersecurity incident in 2024. The report details the company’s financial performance across its Completion and Production, and Drilling and Evaluation segments, geographical revenues, and strategic initiatives focused on financial flexibility, operational efficiency, and capital management, including debt reduction and share repurchases. Halliburton also highlights ongoing challenges and risks, particularly concerning cybersecurity incidents and market fluctuations, and outlines its commitment to research and development and shareholder value.
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HALLIBURTON CO SEC 10-K Report
Halliburton Company has released its 2025 Form 10-K report, revealing a decline in total revenue, operating income, and net income compared to previous years, primarily due to increased impairments and a material cybersecurity incident in 2024. The report details the company’s financial performance across its Completion and Production, and Drilling and Evaluation segments, geographical revenues, and strategic initiatives focused on financial flexibility, operational efficiency, and capital management, including debt reduction and share repurchases. Halliburton also highlights ongoing challenges and risks, particularly concerning cybersecurity incidents and market fluctuations, and outlines its commitment to research and development and shareholder value.