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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.
Revenue by Segment
Revenue by Geographic Location
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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