Halliburton Co.
Halliburton Reports Q1 2025 Financial Results and Stock Repurchases
Summary
Halliburton Company reported net income of $0.24 per diluted share for the first quarter of 2025, down from $0.68 per diluted share in Q1 2024. Adjusted net income was $0.60 per diluted share. Total revenue for the quarter was $5.4 billion, with an operating margin of 8%. The company repurchased approximately $250 million of its common stock during the quarter. A press release with further details is furnished 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.
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