Halliburton Co.
Halliburton Announces First Quarter 2024 Financial Results
Summary
Halliburton Company announced its financial results for the first quarter of 2024, reporting net income of $606 million or $0.68 per diluted share, compared to $651 million or $0.72 per diluted share in the same period of 2023. The company reported total revenue of $5.8 billion with an operating margin of 17%. Halliburton also repurchased approximately $250 million of its common stock during the quarter. The company's financial performance was driven by its international business, which delivered its 11th consecutive quarter of year-on-year growth. Detailed financial results and additional information are available in the attached press release.
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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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