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Form 8-K · Current Report · Filed 2024-01-23

Halliburton Reports Q4 2023 Results and Announces Dividend Increase

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.

Filer
Halliburton Co. HAL · NYSE
Filed
Accession
0000045012-24-000003
CIK
0000045012
Signal
Medium impactEnergy

Details

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.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

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$34.43

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+7.0%

Since filing

-6.3%

Latest close

$32.25

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

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.

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