Halliburton: Frac Market Getting Tight, Crew Prices Moving Up

Halliburton, one of the two or three biggest frac providers working in the Marcellus/Utica, reported its third-quarter 2026 results yesterday. Most of the financial press focused on Saudi Arabia, Venezuela, and a rosy 2027 forecast. The part M-U drillers (and the folks who supply them) should care about came out during the earnings call. Frac crews are getting scarce, customers are lining up for next year, and Halliburton is raising its prices. If you drill wells in Appalachia, your 2027 completion budget may need a bigger number in it.

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