NYSE$HAL
Halliburton Co · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported solid first-quarter results driven by strategy and strong execution, with North America recovering from fourth-quarter lows and international business achieving its 11th consecutive quarter of year-on-year growth.
Halliburton announced net income of $606 million, or $0.68 per diluted share, for the first quarter of 2024. Total revenue for the first quarter of 2024 was $5.8 billion, a 2% increase compared to the first quarter of 2023. The company repurchased $250 million of common stock during the quarter.
- Net income of $0.68 per diluted share.
- Adjusted net income per diluted share of $0.76.
- Revenue of $5.8 billion and operating margin of 17%.
- Repurchases of approximately $250 million of common stock.
Headline financials
Revenue & EPS history
Halliburton · Revenue · Quarterly
$5.8B
Revenue by segment
Halliburton · $5.8B total across 2 segments · Q3 2023
- Completion & Production$3.49B+11.2%60.1%
- Drilling & Evaluation$2.32B+4.3%39.9%
Forward guidance
The statements in this press release that are not historical statements are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the results expressed or implied by the statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.9%
Avg return
Earnings day
+1.1%
Avg return
5 days after
-0.1%
Avg return
30 days after
58%
42 / 73 earnings
Positive
+11.1%
Q4 2021
Best reaction
-10.7%
Q2 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.2% | +10.0% | +13.6% | |
| Q4 2025 | +4.9% | +10.0% | +13.6% | |
| Q3 2025 | +11.0% | +17.4% | +13.3% | |
| Q2 2025 | +0.8% | +6.0% | +0.5% | |
| Q1 2025 | -5.6% | -4.9% | -8.9% | |
| Q4 2024 | -3.6% | -7.7% | -11.1% | |
| Q3 2024 | -4.2% | -1.0% | -5.6% | |
| Q2 2024 | -8.4% | -9.5% | -13.9% | |
| Q1 2024 | +0.0% | -0.5% | -7.1% | |
| Q4 2023 | +7.0% | +9.0% | +2.5% | |
| Q3 2023 | -3.0% | -4.9% | -9.0% | |
| Q2 2023 | -4.4% | +0.4% | +3.4% | |
| Q1 2023 | -8.0% | -5.0% | -12.0% | |
| Q4 2022 | -1.3% | -0.1% | -10.7% | |
| Q3 2022 | +5.5% | +4.0% | +5.7% | |
| Q2 2022 | +1.4% | -4.8% | +3.4% | |
| Q1 2022 | -4.9% | -9.5% | -13.4% | |
| Q4 2021 | +11.1% | +13.9% | +15.0% | |
| Q3 2021 | +1.7% | -0.5% | -12.5% | |
| Q2 2021 | +7.3% | +3.9% | -6.3% | |
| Q1 2021 | -3.0% | -1.9% | +13.4% | |
| Q4 2020 | -3.2% | -7.2% | -5.6% | |
| Q3 2020 | +4.0% | +8.7% | +25.6% | |
| Q2 2020 | +9.5% | +12.5% | +26.1% | |
| Q1 2020 | -1.6% | +16.9% | +57.7% | |
| Q4 2019 | -0.1% | -3.6% | -8.4% | |
| Q3 2019 | +8.0% | +11.1% | +11.4% | |
| Q2 2019 | +9.6% | +5.9% | -14.5% | |
| Q1 2019 | +0.1% | -7.3% | -20.5% | |
| Q4 2018 | -3.7% | -0.5% | -2.7% | |
| Q3 2018 | -5.2% | -6.4% | -14.9% | |
| Q2 2018 | -10.7% | -7.5% | -8.8% | |
| Q1 2018 | -1.1% | +1.7% | +1.8% | |
| Q4 2017 | +7.2% | +4.9% | -12.2% | |
| Q3 2017 | -4.5% | -2.1% | -4.4% | |
| Q2 2017 | -3.8% | -3.3% | -12.1% | |
| Q1 2017 | -0.1% | -2.5% | +1.4% | |
| Q4 2016 | +0.3% | +3.1% | -6.0% | |
| Q3 2016 | +3.6% | +2.5% | +4.8% | |
| Q2 2016 | -3.2% | -5.4% | +4.1% | |
| Q1 2016 | -5.2% | — | — | |
| Q4 2015 | -4.1% | — | — | |
| Q3 2015 | -0.3% | — | — | |
| Q2 2015 | +4.7% | — | — | |
| Q1 2015 | +0.3% | — | — | |
| Q4 2014 | +4.0% | — | — | |
| Q3 2014 | +5.8% | — | — | |
| Q2 2014 | +3.3% | — | — | |
| Q1 2014 | +4.1% | — | — | |
| Q4 2013 | -0.2% | — | — | |
| Q3 2013 | -1.3% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | +6.7% | — | — | |
| Q4 2012 | +6.5% | — | — | |
| Q3 2012 | +3.2% | — | — | |
| Q2 2012 | +2.5% | — | — | |
| Q1 2012 | +4.0% | — | — | |
| Q4 2011 | +3.0% | — | — | |
| Q3 2011 | +2.5% | — | — | |
| Q2 2011 | +3.5% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q4 2010 | +1.3% | — | — | |
| Q3 2010 | +1.7% | — | — | |
| Q2 2010 | +1.8% | — | — | |
| Q1 2009 | +5.0% | — | — | |
| Q1 2010 | +2.5% | — | — | |
| Q4 2007 | +1.6% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q3 2009 | -5.4% | — | — | |
| Q3 2008 | -5.4% | — | — | |
| Q4 2008 | +2.3% | — | — | |
| Q2 2008 | +2.3% | — | — | |
| Q2 2009 | +2.3% | — | — |
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