Halliburton reported $5.4 billion in first-quarter revenue and $461 million in net income, marking a flat top line year-over-year while hinting at a North America rebound. The company's North America revenue fell 4% YoY, driven by lower stimulation and artificial lift activity, but was partially offset by higher drilling-related services. International sales grew 3% YoY, led by gains in Latin America and Europe/Africa, with notable activity in Brazil, Argentina, Norway and Angola. Segment results showed drilling and evaluation revenue up 4%, while completion and production revenue dropped 3% due to weaker North America stimulation and Middle East pressure. The Middle East conflict, which reduced activity in Saudi Arabia and Qatar, is estimated to have cut earnings by roughly $0.02 to $0.03 per share. "In North America, I see clear signs that we are in the early innings of a recovery," said Chairman, President and CEO Jeff Miller. Miller noted that international operations "outpaced disruptions from the Middle East conflict." He added, "I expect that our consistent focus on returns and capital discipline will drive long-term success." Looking ahead, Halliburton highlighted continued technology deployment—including directional drilling, digital well construction and automated well placement—to sustain efficiency gains across conventional and offshore developments.