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Halliburton (HAL) Tops Q4 Earnings Estimates
Zacks Investment Research· 2024-01-23 13:56
Halliburton (HAL) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.50%. A quarter ago, it was expected that this provider of drilling services to oil and gas operators would post earnings of $0.77 per share when it actually produced earnings of $0.79, delivering a surprise of 2.60%.O ...
Halliburton's stock rises despite earnings miss as CEO cites strong outlook for oilfield services
Market Watch· 2024-01-23 13:19
Halliburton Co. shares rose 2.1% in pre-market trading despite a miss for the oil-services company’s top and bottom-line fourth-quarter results early Tuesday. Net income was $661 million, or 74 cents a share, from $656 million, or 72 cents a share, in the same period last year. On an adjusted basis, excluding losses in Argentina primarily due to the currency devaluation, Halliburton HAL, +1.35% earned 86 cents a share. Analysts surveyed by FactSet were looking for earnings of 93 cents a share. Halliburto ...
Halliburton Announces Fourth Quarter 2023 Results and Increases Dividend
Businesswire· 2024-01-23 11:45
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today net income of $661 million, or $0.74 per diluted share, for the fourth quarter of 2023. This compares to net income for the third quarter of 2023 of $716 million, or $0.79 per diluted share. Adjusted net income3 for the fourth quarter of 2023, excluding losses in Argentina primarily due to the currency devaluation, was $769 million, or $0.86 per diluted share. Halliburton's total revenue for the fourth quarter of 2023 was $5.7 billion ...
Falling 6% Already This Year, Will Halliburton Stock Reverse This After Q4 Results?
Forbes· 2024-01-22 17:00
CHINA - 2023/05/29: In this photo illustration, a Halliburton logo is displayed on the screen of a ... [+] smartphone. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesHalliburton stock (NYSE: HAL), an energy company organized into the exploration, development, and production of oil and natural gas, is scheduled to report its fiscal fourth-quarter results on Tuesday, January 23. We expect HAL’s stock to likely trade higher with revenues a ...
Halliburton(HAL) - 2023 Q4 - Annual Results
2024-01-22 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 23, 2024 HALLIBURTON COMPANY (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) Delaware001-03492 75-2677995 3000 North Sam Houston Parkway East, Houston, Texas 77032 (Address o ...
Halliburton (HAL) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-01-16 16:20
Halliburton (HAL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 23, 2024, might help the stock move higher if these key numbers are better than ...
Halliburton (HAL) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-01-12 23:48
Halliburton (HAL) closed the latest trading day at $34.48, indicating a +0.85% change from the previous session's end. This change outpaced the S&P 500's 0.08% gain on the day. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.02%.The provider of drilling services to oil and gas operators's stock has dropped by 4.74% in the past month, falling short of the Oils-Energy sector's gain of 0.61% and the S&P 500's gain of 3.52%.Market participants will be closely following ...
Why Halliburton (HAL) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-01-10 16:19
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...
Halliburton Named to the Dow Jones Sustainability Indices for Third Consecutive Year
Businesswire· 2024-01-03 13:45
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) has been named to the 2023 Dow Jones Sustainability Indices (DJSI). 2023 marks the third consecutive year that the company has been named to the list. DJSI assesses the sustainability performance of companies using a transparent, rules-based process based on the annual S&P Global Corporate Sustainability Assessment (CSA). Only the top ranked companies are selected for inclusion in DJSI. This year, the indices recognized Halliburton as a sector leade ...
Halliburton(HAL) - 2023 Q3 - Earnings Call Transcript
2023-10-24 16:54
Halliburton Company (NYSE:HAL) Q3 2023 Earnings Conference Call October 24, 2023 9:00 AM ET Corporate Participants David Coleman - Senior Director of Investor Relations Jeff Miller - Chairman, President and Chief Executive Officer Eric Carre - Executive Vice President and Chief Financial Officer Conference Call Participants Dave Anderson - Barclays Neil Mehta - Goldman Sachs James West - Evercore ISI Roger Read - Wells Fargo Securities Scott Gruber - Citigroup Luke Lemoine - Piper Sandler Stephen Gengaro - ...