Halliburton CFO Eric Carre Sells 24,777 Shares for $929,138
Key Points
The disposition involved 24,777 shares at an exact weighted-average price of $37.50 per share on August 31, 2026.
The transaction size represents 17% of the equity stake held by the executive before the filing.
The shares sold were held directly, while Carre also holds derivative securities.
The sale was executed under a Rule 10b5-1 trading plan adopted on May 19, 2026, following a 66% one-year total return as of the transaction date.
Eric Carre, EVP & Chief Financial Officer of Halliburton Company (NYSE:HAL), sold 24,777 shares of common stock on Aug. 31, 2026, according to a SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | ~$929,138 |
| Shares sold | 24,777 |
| Post-transaction shares (directly held) | 124,104 |
| Post-transaction value | $4.57 million |
Transaction value based on SEC Form 4 weighted average sale price ($37.50); post-transaction value based on Aug. 31, 2026, market close ($36.85).
Key questions
- How does this transaction align with the executive's Rule 10b5-1 trading plan?
The sale was completed under a plan established on May 19, 2026, that allows scheduled equity liquidations regardless of short-term price fluctuations or market volatility. - What is the impact on the executive's total equity exposure?
While the transaction involved 17% of the shares held before the filing, Eric Carre continues to hold 124,104.596 shares directly and maintains additional exposure through derivative securities. - What was the market context at the time of the disposition?
The transaction was executed at $37.50 per share, with the stock closing at $36.85, resulting in a 66% total return over the past year as of Aug. 31, 2026. - How does the executive's remaining stake correlate with Halliburton's core business segments?
Carre's residual equity position of 124,104.596 shares provides ongoing alignment with the company's two primary divisions, Completion and Production, and Drilling and Evaluation, as it continues to provide cementing and downhole completion services for the energy sector.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-31) | $36.85 |
| Market Capitalization | $30.7 billion |
| Revenue (TTM) | $22.4 billion |
| Net Income (TTM) | $1.6 billion |
Company Snapshot
- Halliburton is a global supplier of products and services to the energy sector, operating through two primary divisions: Completion and Production, which enhances well output through stimulation and sand-control techniques, and Drilling and Evaluation, which provides drilling and formation-evaluation services.
- The company generates revenue through a diversified service model that includes cementing services for well integrity, specialized downhole completion tools, drilling fluids, and integrated drilling services, serving customers across the upstream oil and gas value chain.
- Halliburton serves major oil and gas operators globally, including national oil companies and independent producers, with a customer base spanning onshore and offshore markets across multiple geographic regions.
Halliburton is a leading global oilfield services provider with approximately 46,000 employees and a market capitalization of $30.9 billion as of Aug. 31, 2026. The company maintains a competitive position through its integrated service offerings, technical expertise, and extensive geographic footprint, enabling it to address complex operational challenges across the energy sector.
With TTM revenue of $22 billion and net income of $1.6 billion, Halliburton demonstrates substantial scale and profitability within the oil and gas equipment and services industry.
What this transaction means for investors
This sale shouldn't concern investors. It represented a small portion of the insider's overall directly held stake in the company's stock. Moreover, it was completed under a pre-adopted plan commonly used by insiders to conduct transactions for personal financial management.
The company's revenue performance was roughly flat on a trailing-12-month basis through the second quarter. Revenue grew 6% year over year in Q2, while generating $668 million in free cash flow.
Management is shifting investment to its global fleet, where margins are more attractive. This is positive for the company's financial prospects in the coming years, especially if the North American market remains stable.
John Ballard has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.