Halliburton Q4 Margin Drops, EPS Beats
(NYSE:HAL), a provider of products and services to the energy industry, released its fourth-quarter 2024 earnings on January 22, 2025. The company reported an earnings per share (EPS) of $0.70, slightly exceeding the analysts' expectations of $0.69. However, revenue came in at $5.6 billion, showing a year-over-year decline from $5.739 billion. Despite mixed results, Halliburton maintained a focus on technology and service differentiation, although its overall operating margin took a hit, reflecting both opportunities and challenges in its quarterly performance.
Source: Analyst estimates for the quarter provided by FactSet.
Halliburton is a prominent company in the oilfield services sector, offering a range of products and services necessary for the exploration, development, and production of oil and gas. Its business is divided mainly into two segments: Completion and Production, and Drilling and Evaluation. For the Completion and Production segment, revenue reached $3.2 billion, highlighting the company's critical role in the final phases of oil and gas development. Drilling and Evaluation maintained stable revenue of $2.4 billion, underscoring the importance of exploratory efforts and well analysis.
Source Fool.com
Halliburton Co. Stock
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