NYSE$HAL
Halliburton Co · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Halliburton's second quarter results were announced, demonstrating strong earnings with revenue increasing by 14% year-over-year and operating income growing 41% compared to the second quarter of 2022.
Halliburton reported net income of $610 million, or $0.68 per diluted share, for the second quarter of 2023. Total revenue for the second quarter of 2023 was $5.8 billion. Operating income was $1.0 billion in the second quarter of 2023.
- Net income was reported at $0.68 per diluted share.
- Adjusted net income per diluted share of $0.77 increased more than 50% year-over-year.
- Revenue reached $5.8 billion, a 14% increase year-over-year.
- Operating margin was 17.4%, a 329 basis points year-over-year increase over adjusted operating margin.
Headline financials
Revenue & EPS history
Halliburton · Revenue · Quarterly
$5.8B
Revenue by segment
Halliburton · $5.8B total across 2 segments · Q2 2023
- Completion & Production$3.48B+19.4%60.0%
- Drilling & Evaluation$2.32B+7.4%40.0%
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 Q2 2023
+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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