Halliburton Co.
Halliburton Reports Q4 2023 Results and Announces Dividend Increase
Summary
Halliburton Company announced its financial results for Q4 2023, reporting a net income of $661 million, or $0.74 per diluted share, and an adjusted net income of $769 million, or $0.86 per diluted share. The company's total revenue for the quarter was $5.7 billion with an operating margin of 18%. Halliburton also announced a dividend increase for the first quarter of 2024, raising it by $0.01 per share to $0.17. The press release detailing these results is attached as Exhibit 99.1.
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About Halliburton Co.
Halliburton Co. is a prominent American multinational corporation that provides products and services to the energy industry, with a particular focus on oil and gas exploration, development, and production. As one of the world's largest oilfield service companies, Halliburton plays a crucial role in supporting the upstream part of the oil and gas value chain. The company offers an array of services such as well drilling and evaluation, field development, digital solutions, and various tools for optimized drilling performance. With operations spread across more than 70 countries, Halliburton significantly impacts sectors like energy supply, natural resources, and environmental management. By facilitating more efficient extraction methods and technological advancements, Halliburton contributes to advancements in energy sustainability and the global energy framework. Through its size and operational reach, it influences both regional energy markets and international energy policy, underscoring its importance within the global economic landscape.
Official SEC Documents
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