AI English summary of an SEC filing — figures as filed
Halliburton said net income attributable to the company for Q4 2024 was $615 million, or $0.70 per diluted share, and revenue was $5.6 billion. Net income for Q3 was $571 million and revenue was $5.7 billion.
Key points
AI summaryHalliburton said net income attributable to the company for Q4 2024 was $615 million, or $0.70 per diluted share, and revenue was $5.6 billion. Net income for Q3 was $571 million and revenue was $5.7 billion.
The company said Completion and Production revenue for Q4 was $3.2 billion, a 4% decrease sequentially, and operating income was $629 million. Drilling and Evaluation revenue was $2.4 billion and operating income was $401 million, both flat sequentially.
Halliburton said full-year 2024 revenue was $22.9 billion, flat compared to 2023, and operating income was $3.8 billion, compared to 2023 operating income of $4.1 billion. Adjusted operating income for the full year, excluding impairments and other charges, was $3.9 billion.
The company said cash flow from operations for Q4 was $1.5 billion and free cash flow was $1.1 billion, and full-year share repurchases were $1 billion. In Q4, it repurchased approximately $309 million of its common stock and paid dividends of $0.17 per share.
Summary
AI-writtenAnalysis 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.
Q4 2024 Net Income and Revenue
Halliburton said net income attributable to the company for Q4 2024 was $615 million, or $0.70 per diluted share, and revenue was $5.6 billion. Net income for Q3 was $571 million and revenue was $5.7 billion.
Source · Based on the filing body and exhibits
Q4 Revenue and Operating Income by Segment
The company said Completion and Production revenue for Q4 was $3.2 billion, a 4% decrease sequentially, and operating income was $629 million. Drilling and Evaluation revenue was $2.4 billion and operating income was $401 million, both flat sequentially.
Source · Based on the filing body and exhibits
Full-Year Revenue, Operating Income and Adjusted Operating Income
Halliburton said full-year 2024 revenue was $22.9 billion, flat compared to 2023, and operating income was $3.8 billion, compared to 2023 operating income of $4.1 billion. Adjusted operating income for the full year, excluding impairments and other charges, was $3.9 billion.
Source · Based on the filing body and exhibits
Q4 Cash Flows and Shareholder Returns
The company said cash flow from operations for Q4 was $1.5 billion and free cash flow was $1.1 billion, and full-year share repurchases were $1 billion. In Q4, it repurchased approximately $309 million of its 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.
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