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Halliburton(HAL) - 2024 Q1 - Quarterly Report
2024-04-24 15:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______to_______ Commission File Number 001-03492 HALLIBURTON COMPANY (Exact name of registrant as specified in its charter) Delaware 75-2677995 (State or other jurisdic ...
Halliburton (HAL) Q1 Earnings Beat on International Strength
Zacks Investment Research· 2024-04-23 16:01
Halliburton Company (HAL) reported first-quarter 2024 adjusted net income per share of 76 cents, surpassing the Zacks Consensus Estimate of 74 cents and improving from the year-ago quarter profit of 72 cents (adjusted). The outperformance reflects strength in the international markets, partly offset by weak performance in the North American region.Meanwhile, revenues of $5.8 billion were 2.2% higher than the corresponding period of 2023 and above the Zacks Consensus Estimate of $5.7 billion.Inside Halliburt ...
Halliburton(HAL) - 2024 Q1 - Earnings Call Transcript
2024-04-23 15:39
Halliburton Company (NYSE:HAL) Q1 2024 Earnings Conference Call April 23, 2024 9:00 AM ET Company Participants David Coleman - Senior Director of Investor Relations Jeffrey Miller - President, Chief Executive Officer, and Chairman Eric Carre - Executive Vice President, and Chief Financial Officer Conference Call Participants David Anderson - Barclays Neil Mehta - Goldman Sachs Arun Jayaram - JP Morgan Securities Roger Read - Wells Fargo Securities James West - Evercore ISI Scott Gruber - Citigroup Luke Lemo ...
Halliburton(HAL) - 2024 Q1 - Quarterly Results
2024-04-23 11:09
Exhibit 99.1 HALLIBURTON HALLIBURTON ANNOUNCES FIRST QUARTER 2024 RESULTS • Net income of $0.68 per diluted share. • Adjusted net income per diluted share of $0.76. • Revenue of $5.8 billion and operating margin of 17%. • Cash flow from operations of $487 million and free cash flow of $206 million. • Repurchases of approximately $250 million of common stock. 1 2 HOUSTON – April 23, 2024 – Halliburton Company (NYSE: HAL) announced today net income of $606 million, or $0.68 per diluted share, for the first qu ...
Halliburton (HAL) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-04-17 23:06
Halliburton (HAL) closed the latest trading day at $38.04, indicating a -1.04% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.58%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 1.15%.The provider of drilling services to oil and gas operators's shares have seen a decrease of 0.08% over the last month, not keeping up with the Oils-Energy sector's gain of 3.55% and outstripping the S&P 500's loss of 1.09%.The up ...
Can Halliburton (HAL) Pull Off a Strong Show in Q1 Earnings?
Zacks Investment Research· 2024-04-17 13:10
Halliburton Company (HAL) is set to release first-quarter results on Apr 23. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 74 cents per share on revenues of $5.7 billion.Let’s delve into the factors that might have influenced the oilfield service firm’s performance in the March quarter. But it’s worth taking a look at HAL’s previous-quarter performance first.Highlights of Q4 Earnings & Surprise HistoryIn the last reported quarter, this Houston, TX-based provider of techn ...
Halliburton (HAL) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-04-16 15:07
The market expects Halliburton (HAL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...
SLB to Report Q1 Earnings: What's in the Offing?
Zacks Investment Research· 2024-04-16 13:26
SLB (SLB) is set to report first-quarter 2024 earnings on Apr 19, before the opening bell.In the last reported quarter, the company’s registered earnings of 86 cents per share (excluding charges and credits) beat the Zacks Consensus Estimate of 84 cents. The results were driven by higher evaluation and stimulation services and strong activities across all areas.SLB’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 2.09%. This is depicted in ...
Here's Why Halliburton (HAL) is a Strong Growth Stock
Zacks Investment Research· 2024-04-12 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several 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 t ...
Halliburton (HAL) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-04-11 23:06
Halliburton (HAL) closed the latest trading day at $40.94, indicating a -0.41% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.74%. Meanwhile, the Dow lost 0.01%, and the Nasdaq, a tech-heavy index, added 1.68%.The provider of drilling services to oil and gas operators's stock has climbed by 12.54% in the past month, exceeding the Oils-Energy sector's gain of 8.96% and the S&P 500's gain of 0.8%.Market participants will be closely following the financial results of H ...