Halliburton Company's Stock Analysis

Halliburton Secures $3.5 Billion Credit Agreement Replacement

On August 18, 2025, Halliburton Company entered into a new $3.5 billion Five Year Revolving Credit Agreement, which will be used for general working capital purposes. This new agreement replaces the previous $3.5 billion credit agreement established in April 2022, with a termination date set for August 16, 2030.

The new credit agreement includes standard affirmative and negative covenants as well as events of default. The transition to the 2025 Credit Agreement indicates a continued commitment to maintaining liquidity and financial flexibility for the company's operations.

Aug 20, 2025 16:03:36

Halliburton Reports Q2 2025 Financial Results and Metrics

Halliburton Company announced its financial results for the second quarter of 2025, reporting a net income of $472 million, or $0.55 per diluted share, compared to $204 million, or $0.24 per diluted share, in the first quarter of 2025. Total revenue increased to $5.5 billion, up from $5.4 billion in the previous quarter, with an operating margin of 13%. The company also generated cash flow from operations of $896 million and free cash flow of approximately $582 million, alongside $250 million in share repurchases during this quarter.

The company’s Completion and Production segment reported revenue of $3.2 billion, while the Drilling and Evaluation segment generated $2.3 billion in revenue. International revenue saw a slight increase to $3.3 billion, driven by solid performance in Latin America and Europe/Africa, despite a decline in the Middle East/Asia region. Halliburton paid dividends of $0.17 per share and made significant investments in technology, including a new intelligent fracturing process developed with Chevron and a contract with Repsol Resources UK for well lifecycle support.

Jul 22, 2025 06:50:13

Halliburton Announces Leadership Change in Accounting Department

Charles E. Geer, Jr. has announced his resignation as Senior Vice President and Chief Accounting Officer of Halliburton Company, effective July 16, 2025, to pursue another opportunity outside the energy services industry. His departure is not due to any disagreements with the company. Stephanie Holzhauser has been appointed to succeed him, effective the same date, and will also serve as the principal accounting officer. Holzhauser has over 20 years of experience at Halliburton, holding various positions in finance and accounting, most recently as Vice President of Operations Finance since April 2023.

In conjunction with her appointment, Halliburton has entered into an Executive Agreement with Holzhauser, which includes a minimum annual base salary of $450,000 and participation in the company’s performance pay and stock incentive programs. The agreement also provides for severance payments consistent with other executive officers. Additionally, an indemnification agreement will be established for her. The company issued a press release on July 14, 2025, announcing these changes as part of its succession management process.

Jul 14, 2025 08:06:00

Halliburton Reports Decrease in Q1 2025 Earnings and Revenue

Halliburton Company announced a net income of $204 million, or $0.24 per diluted share, for the first quarter of 2025, marking a decline from $606 million, or $0.68 per diluted share, in the same quarter of 2024. The company's revenue for the quarter was $5.4 billion, down from $5.8 billion year-over-year, with an operating margin of 8% and an adjusted operating margin of 14.5%. The company also reported a significant pre-tax charge of $356 million related to severance costs and impairments.

In terms of operating segments, Completion and Production revenue decreased by 8% to $3.1 billion, while Drilling and Evaluation revenue fell by 6% to $2.3 billion compared to the first quarter of 2024. North American revenue experienced a notable 12% decline, attributed to reduced stimulation activity and completion tool sales. Conversely, international revenue showed a slight decrease of 2%, with specific regions like Europe/Africa and Middle East/Asia reporting increases in revenue. Halliburton also engaged in approximately $250 million in share repurchases during the quarter.

Apr 22, 2025 06:52:32

Halliburton Reports $615 Million Net Income for Q4 2024

Halliburton Company announced a net income of $615 million, or $0.70 per diluted share, for the fourth quarter of 2024, showing an increase from $571 million in the previous quarter. The company reported total revenue of $5.6 billion and an operating margin of 17%. Additionally, Halliburton generated $1.5 billion in cash flow from operations and returned over $1.6 billion to shareholders through share repurchases and dividends during the year.

However, the company faced challenges with a 4% sequential decline in Completion and Production revenue, primarily due to lower stimulation activity in North America. Overall, total revenue for the full year of 2024 remained flat compared to 2023, and operating income decreased from $4.1 billion in 2023 to $3.8 billion in 2024. The North America segment saw a 7% revenue decrease in Q4, reflecting ongoing difficulties in the region.

Jan 22, 2025 07:01:56

Halliburton Reports Q3 2024 Net Income of $571 Million

Halliburton Company announced a net income of $571 million, or $0.65 per diluted share, for the third quarter of 2024, a decrease from $709 million in the previous quarter. The total revenue for the quarter was $5.7 billion, slightly down from $5.8 billion in the second quarter. Adjusted net income was $641 million, and the company experienced a $0.02 per share impact from lost revenue due to a cybersecurity event and weather-related disruptions. The operating income also fell to $871 million from $1.0 billion in the prior quarter, indicating challenges in some of its operational segments, particularly in North America and Latin America, where pressure pumping services and stimulation activities declined.

On a positive note, Halliburton's international revenue remained stable at $3.3 billion, supported by growth in the Middle East/Asia region. The company repurchased approximately $200 million of its common stock and paid dividends of $0.17 per share during the quarter. Halliburton also introduced several innovative technologies aimed at enhancing efficiency and reducing costs for customers, showcasing its commitment to technological advancement in the energy sector. Despite the challenges faced in specific markets, the company expressed confidence in its international business and ongoing strategic initiatives.

Nov 07, 2024 07:08:03

Halliburton Reports Strong Q2 2024 Results and Strategic Initiatives

Halliburton announced a net income of $709 million, revenue of $5.8 billion, and operating margin of 18% in Q2 2024. The company had cash flow from operations of $1.1 billion and repurchased $250 million of common stock. Despite flat revenue, the company's operating income increased by 5% sequentially. Halliburton shared positive outlooks for its international markets and North America. The company also highlighted various technological advancements and partnerships aimed at enhancing reservoir modeling, well control, and cement systems.

Jul 19, 2024 07:06:31

Halliburton Reports Strong Q1 2024 Results and Strategic Initiatives

Halliburton's Q1 2024 results include $0.68 EPS, $5.8B revenue, and $250M stock repurchase. CEO Jeff Miller highlights recovery in North America and 11th consecutive growth in international business. Operating segments show mixed results. The company introduced innovative technologies: Reservoir Xaminer™ for faster formation testing, CorrosaLock™ cement system for carbon capture, and SuperFill™ II diverter for surge reduction. Halliburton's strategic focus on technology and shareholder returns is evident in its financial performance and new offerings.

Apr 23, 2024 07:09:55

Halliburton Reports Strong 2023 Results and Dividend Increase

Halliburton announced a net income of $661 million for Q4 2023, with a 13% increase in total revenue for 2023. The company also increased its 2024 first quarter dividend. Despite a decrease in North America revenue, international revenue increased. The company introduced innovative technologies and collaborated to enhance digital rock data solutions. However, losses in Argentina and debt repurchases were incurred in Q4 2023.

Jan 23, 2024 07:14:19

Halliburton Announces Q3 2023 Results and Introduces New Technologies

Halliburton announced net income of $0.79 per diluted share and revenue of $5.8 billion for the third quarter of 2023, with international revenue growth of 17% year on year. The company also repurchased approximately $200 million of common stock. The completion and production segment saw flat revenue but a 6% increase in operating income, driven by international operations. The drilling and evaluation segment had flat revenue and operating income. North America revenue decreased by 3%, while international revenue increased by 3%. Halliburton introduced several new technologies and signed a Memorandum of Understanding with PTTEP for digital transformation solutions in the energy industry.

Oct 24, 2023 07:13:53