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Visu uses AI to transform SEC filings and press releases into accurate summaries of earnings and key company events.
Halliburton Reports Q3 2025 Financial Results and Metrics
Halliburton Company reported a net income of $18 million, or $0.02 per diluted share, for the third quarter of 2025, with an adjusted net income of $496 million, or $0.58 per diluted share. The company generated total revenue of $5.6 billion, reflecting a slight increase from $5.5 billion in the previous quarter. The operating income for the quarter was $356 million, down from $727 million in Q2 2025, while the adjusted operating income was $748 million. The company also reported cash flow from operations of $488 million and free cash flow of $276 million, alongside share repurchases totaling approximately $250 million.
In its operational segments, Completion and Production generated $3.2 billion in revenue, with a flat operating income compared to the previous quarter. Drilling and Evaluation revenue was $2.4 billion, marking a 2% increase, with a 12% rise in operating income. Geographically, North America saw a 5% revenue increase, while international revenue remained flat. Halliburton also highlighted its commitment to returning cash to shareholders and investing in technology, launching several new products and securing contracts that may enhance future performance.
linkOct 21, 2025 06:53:12
Halliburton Holds 20% Stake in Voltagrid
Halliburton Company has disclosed its ownership of a minority interest in Voltagrid, with a fully diluted ownership percentage of approximately 20%. This information may be relevant for investors considering the company's investment portfolio and potential influence on its financial performance.
linkOct 14, 2025 16:05:24
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.
linkAug 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.
linkJul 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.
linkJul 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.
linkApr 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.
linkJan 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.
linkNov 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.
linkJul 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.
linkApr 23, 2024 07:09:55