Key Takeaways

Shares of Halliburton ( HAL ) fell Tuesday after the oilfield services company reported first-quarter profit that came in well short of analysts' estimates.

The Houston-based firm reported earnings per share (EPS) of $0.24, down sharply from $0.68 a year ago and below the $0.60 Visible Alpha consensus. Adjusted EPS of $0.60 matched and revenue of $5.42 billion beat projections.

CEO Jeff Miller said the company faced "recent pressures on the energy macro," but that the firm's "consistent focus on technology, collaboration, and service quality execution create value for our customers and drive long-term success for Halliburton and its shareholders."

Halliburton Needs Tariffs 'Clarity and Stability,' CFO Says

Asked about tariffs on the earnings call, CFO Eric Carre said, "We have reasonable visibility of what is going to happen in Q2, and that is about an impact of $0.02 to $0.03," on earnings per share, according to a transcript provided by AlphaSense.

"In terms of the overall impact, we need a bit more clarity and stability in the structure of tariffs so that we can really understand what levers we can pull and then what the overall outcome is going to be," Carre said.

Halliburton's stock fell over 5% in recent trading and was among the biggest S&P 500 decliners on a day the index was up nearly 2%. Shares have lost nearly a quarter of their value in 2025.

Read the original article on Investopedia