Halliburton announced Q4 2024 results with net income of $615 million, or $0.70 per diluted share, and revenue of $5.6 billion. The company's operating income was $932 million, and it generated $1.1 billion in free cash flow. Full year share repurchases amounted to $1 billion, and 60% of free cash flow was returned to shareholders.
Halliburton announced third quarter 2024 net income of $571 million, or $0.65 per diluted share. Total revenue for the third quarter of 2024 was $5.7 billion. Operating income was $871 million in the third quarter of 2024. Adjusted net income was $641 million, or $0.73 per diluted share.
Halliburton announced net income of $709 million, or $0.80 per diluted share, for the second quarter of 2024. Total revenue for the second quarter of 2024 was $5.8 billion, sequentially flat. Operating income was $1.0 billion in the second quarter of 2024, an increase of 5% sequentially.
Halliburton announced net income of $606 million, or $0.68 per diluted share, for the first quarter of 2024. Total revenue for the first quarter of 2024 was $5.8 billion, a 2% increase compared to the first quarter of 2023. The company repurchased $250 million of common stock during the quarter.
Halliburton announced Q4 2023 results with net income of $661 million, or $0.74 per diluted share. Adjusted net income, excluding losses in Argentina, was $769 million, or $0.86 per diluted share. Revenue was $5.7 billion, and operating income was $1.1 billion.
Halliburton announced Q3 2023 results with net income of $716 million, or $0.79 per diluted share, and total revenue of $5.8 billion. The company's operating income was $1.0 billion, reflecting a 3% increase compared to the previous quarter. Strong returns to shareholders were demonstrated by free cash flow of more than $500 million and repurchases of approximately $200 million of common stock and $150 million of debt during the quarter.
Halliburton reported net income of $610 million, or $0.68 per diluted share, for the second quarter of 2023. Total revenue for the second quarter of 2023 was $5.8 billion. Operating income was $1.0 billion in the second quarter of 2023.
Halliburton announced strong Q1 2023 results, with revenue increasing by 33% year-over-year and operating income growing by 91% compared to Q1 2022, driven by strong margin performance in both divisions.