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Jun 30, 2024
Halliburton Q2 2024 Earnings Report
Reported strong returns and cash flow with international markets showing strong demand and North America delivering shareholder value.
Key Takeaways
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.
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.
Halliburton
Halliburton
Halliburton Revenue by Segment
Halliburton Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income