Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

Halliburton logoHalliburton HAL

The company said net income for Q1 2024 was $606 million, or $0.68 per diluted share, compared with $651 million, or $0.72 per share, a year earlier. Adjusted net income (non-GAAP) was $679 million, or $0.76 per diluted share.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said net income for Q1 2024 was $606 million, or $0.68 per diluted share, compared with $651 million, or $0.72 per share, a year earlier. Adjusted net income (non-GAAP) was $679 million, or $0.76 per diluted share.

  2. Halliburton said total revenue for Q1 2024 was $5.8 billion, up 2% from Q1 2023, and operating income was $987 million, flat year over year.

  3. The company said Drilling and Evaluation revenue for Q1 2024 was $2.4 billion, up 7% from a year earlier. North America revenue was $2.5 billion, down 8%, while International revenue was $3.3 billion, up 12%.

  4. Halliburton said cash flow from operations for Q1 2024 was $487 million, and free cash flow (non-GAAP) was $206 million. In the same quarter, it repurchased approximately $250 million of common stock and paid dividends of $0.17 per share.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q1 2024 Net Income and Adjusted Net Income

The company said net income for Q1 2024 was $606 million, or $0.68 per diluted share, compared with $651 million, or $0.72 per share, a year earlier. Adjusted net income (non-GAAP) was $679 million, or $0.76 per diluted share.

Source · Based on the filing body and exhibits

Q1 2024 Revenue and Operating Income

Halliburton said total revenue for Q1 2024 was $5.8 billion, up 2% from Q1 2023, and operating income was $987 million, flat year over year.

Source · Based on the filing body and exhibits

Segment and Regional Revenue Changes

The company said Drilling and Evaluation revenue for Q1 2024 was $2.4 billion, up 7% from a year earlier. North America revenue was $2.5 billion, down 8%, while International revenue was $3.3 billion, up 12%.

Source · Based on the filing body and exhibits

Q1 2024 Cash Flow and Shareholder Returns

Halliburton said cash flow from operations for Q1 2024 was $487 million, and free cash flow (non-GAAP) was $206 million. In the same quarter, it repurchased approximately $250 million of common stock and paid dividends of $0.17 per share.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.