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Halliburton's (HAL) Sensori Offers Real-Time Subsurface Feedback
ZACKS· 2024-07-19 14:51
Halliburton Company (HAL) has introduced the Sensori fracture monitoring service that provides continuous measurement and visualization of the subsurface. The solution is cost-effective and uses automation for the measurement and visualization processes.The Sensori service integrates non-intrusive technologies, automated data extraction and processing, and real-time subsurface data into one solution.  The idea is to provide operators with visibility and control over fracture performance.The service acquires ...
Halliburton(HAL) - 2024 Q2 - Earnings Call Transcript
2024-07-19 14:42
Halliburton Company (NYSE:HAL) Q2 2024 Earnings Call Transcript July 19, 2024 8:30 AM ET Company Participants David Coleman - Senior Director, IR Jeff Miller - Chairman, President, and CEO Eric Carre - EVP and CFO Conference Call Participants Dave Anderson - Barclays Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs James West - Evercore ISI Luke Lemoine - Piper Sandler Saurabh Pant - Bank of America Scott Gruber - Citi Doug Becker - Capital One Marc Bianchi - TD Cowen Operator Good day and thank you for s ...
Halliburton (HAL) Q2 Earnings Match Estimates
ZACKS· 2024-07-19 12:55
Halliburton (HAL) came out with quarterly earnings of $0.80 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this provider of drilling services to oil and gas operators would post earnings of $0.74 per share when it actually produced earnings of $0.76, delivering a surprise of 2.70%.Over the last four quarters, the company has surpassed consensus EPS estimates ...
Halliburton(HAL) - 2024 Q2 - Quarterly Results
2024-07-19 11:06
Exhibit 99.1 HALLIBURTON ANNOUNCES SECOND QUARTER 2024 RESULTS • Net income of $0.80 per diluted share. • Revenue of $5.8 billion and operating margin of 18%. • Cash flow from operations of $1.1 billion and free cash flow of approximately $800 million. • Repurchases of approximately $250 million of common stock. 1 HOUSTON – July 19, 2024 – Halliburton Company (NYSE: HAL) announced today net income of $709 million, or $0.80 per diluted share, for the second quarter of 2024. This compares to net income for th ...
With The Stock Almost Flat This Year, Will Q2 Results Drive Halliburton's Stock Higher?
Forbes· 2024-07-18 13:00
HOUSTON, TEXAS - JUNE 15: An entrance sign stands near Halliburton Headquarters on June 15, 2024 in ... [+] Houston, Texas. (Photo by Brandon Bell/Getty Images)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 second-quarter results on Friday, July 19. We expect HAL’s stock to trade higher with revenues and earnings beating market expectations in its second quarter. It is anticipa ...
Halliburton (HAL) Q2 Earnings on Deck: Here's How It Will Fare
ZACKS· 2024-07-16 12:51
Halliburton Company (HAL) is set to release second-quarter results on Jul 19. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 80 cents per share on revenues of $6 billion.Let’s delve into the factors that might have influenced the oilfield service firm’s performance in the September quarter. But it’s worth taking a look at HAL’s previous-quarter performance first.Highlights of Q1 Earnings & Surprise HistoryIn the last reported quarter, this Houston, TX-based provider of te ...
Halliburton: Staying Bullish As Earnings Near
Seeking Alpha· 2024-07-15 16:10
zhengzaishuru With a market capitalization of $29.76 billion as of this writing, Halliburton Company (NYSE:HAL) is a massive player in the energy services industry. Even though the general environment looks bullish for oil and natural gas at this point, shares of the company are going through a bit of pain. You see, back in April of this year, I wrote an article that took a bullish stance on the firm. I ended up rating the company a ‘buy’ because of a favorable oil environment, robust financial performa ...
Halliburton (HAL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-12 15:02
Halliburton (HAL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. 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 July 19, 2024, might help the stock move higher if these key numbers are better than expect ...
Halliburton (HAL) and AIQ Join Forces to Boost Well Efficiency
ZACKS· 2024-07-09 15:01
Halliburton Company (HAL) has announced a collaboration with Abu Dhabi-based artificial intelligence (AI) firm AIQ, to combine the RoboWell autonomous well control (AWC) solution with Halliburton Landmark’s iEnergy hybrid cloud. RoboWell, developed by AIQ, is the first advanced process control solution designed for gas-lifted wells supported by AI.AIQ believes that the agreement with Halliburton’s Landmark is a pivotal step toward expanding the use of AI-enabled AWC tools across the upstream sector globally ...
Halliburton (HAL) to Deploy UEM Solution at Norway's Maria Field
ZACKS· 2024-06-12 14:20
Halliburton Company (HAL) has inked a license agreement with Wintershall Dea for deploying its new Unified Ensemble Modelling (UEM) solution. Per the terms of the agreement, Wintershall Dea will use Halliburton Landmark’s new UEM solution to enhance the accuracy of its reservoir models.The solution employs an advanced and sophisticated modeling approach that combines static and dynamic data in real time. The simultaneous use of both static and dynamic data allows for a comprehensive understanding of subsurf ...