Total revenue for the second quarter of 2025 was $5.5 billion, up from $5.4 billion in the first quarter. "What I see tells me the oilfield services market will be softer than I previously expected over the short to medium term," Jeff Miller said in a statement. On the international side, Jeff Miller said activity reductions in a few large markets would likely overshadow solid performance elsewhere, though he expressed confidence in the company's strategy. For the first half of 2025, total revenue was $10.93 billion, down from $11.64 billion in the first half of 2024. Net income for the six-month period was $676 million, or $0.78 per diluted share, compared to $1.315 billion, or $1.48 per diluted share, a year earlier.