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Dec 31, 2023
Halliburton Q4 2023 Earnings Report
Halliburton reported flat revenue and increased operating margin in Q4 2023, excluding losses in Argentina due to currency devaluation.
Key Takeaways
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.
Net income was $0.74 per diluted share.
Adjusted net income per diluted share was $0.86, excluding losses in Argentina.
Revenue reached $5.7 billion with an 18% operating margin.
Cash flow from operations totaled $1.4 billion, and free cash flow was $1.1 billion.
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
The outlook for oilfield services demand remains strong, and Halliburton expects to deepen and strengthen its value proposition and generate significant free cash flow in 2024.
Positive Outlook
- Strong oilfield services demand
- Deepen and strengthen value proposition
- Generate significant free cash flow
Revenue & Expenses
Visualization of income flow from segment revenue to net income