MEDIUMBuilt-inGeographic
39%
United States
“10-K Item 1: 'based on the location of services provided and products sold 39%, 40%, and 44%, respectively, of our consolidated revenue was from the United States (U.S.)'”
HAL · Concentration risk · 10-K extracted
Halliburton (HAL) concentration risks
Updated
The most significant concentration Halliburton discloses is United States at 39%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Halliburton’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's single disclosed concentration is geographic: the United States accounted for 39% of consolidated revenue in the most recent year, a medium-share exposure by disclosed size and structural in character — it reflects where services are provided and products are sold rather than reliance on any one customer or contract. Because it is the only disclosed concentration, there is no overlapping customer, supplier, or product exposure to compound it; the main channel through which it could matter is the level of U.S. drilling and completion activity, which moves with oil and gas prices and operator budgets. A roughly two-fifths domestic revenue share also implies that the majority of revenue is generated internationally, spreading the remainder across many geographies rather than a second concentrated market. On balance this is a contained, well-understood geographic tilt: it warrants monitoring North American activity levels, but on its own is unlikely to move the investment verdict.
For the engine’s reasoning on HAL’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Oil & Gas Equipment & Services
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AROC | Archrock, Inc. | 2 | 1 | 0 | 3 |
| AESI | Atlas Energy Solutions Inc. | 1 | 2 | 0 | 3 |
| FLOC | Flowco Holdings Inc. | 0 | 1 | 0 | 1 |
| HAL● | Halliburton Company | 0 | 1 | 0 | 1 |
| FTI | TechnipFMC plc | 0 | 0 | 2 | 2 |
| BKR | Baker Hughes Company | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.