Halliburton Co.
Halliburton Announces Q3 2024 Financial Results and Press Release
Summary
On November 7, 2024, Halliburton Company announced its financial results for the quarter ended September 30, 2024, with net income of $571 million, or $0.65 per diluted share. The company reported revenue of $5.7 billion and operating margin of 15%, with adjusted net income per diluted share of $0.73. Halliburton also disclosed a pre-tax charge of $116 million, primarily due to severance costs, impairment of assets, and cybersecurity incident expenses. The company provided a press release and will host a conference call to discuss the results.
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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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