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Sep 30, 2023
Halliburton Q3 2023 Earnings Report
Reported net income of $0.79 per diluted share and revenue of $5.8 billion.
Key Takeaways
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.
Net income was $0.79 per diluted share.
Revenue reached $5.8 billion with an operating margin of 17.9%.
International revenue experienced a 17% year-on-year growth.
Approximately $200 million of common stock was repurchased.
Halliburton
Halliburton
Halliburton Revenue by Segment
Halliburton Revenue by Geographic Location
Revenue by Segment
Completion and Production Revenue
CapyFin.comDrilling and Evaluation Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comLatin America Revenue
CapyFin.comEurope/Africa/CIS Revenue
CapyFin.comMiddle East/Asia Revenue
CapyFin.com Forward Guidance
Halliburton expects continued demand growth for oilfield services in 2024 and beyond.
Revenue & Expenses
Visualization of income flow from segment revenue to net income