NYSE$HAL
Halliburton Co · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported a decrease in revenue and operating income compared to the previous quarter, with adjusted EPS impacted by a cybersecurity event and Gulf of Mexico storms, while maintaining full-year free cash flow and shareholder return expectations.
Halliburton announced third quarter 2024 net income of $571 million, or $0.65 per diluted share. Total revenue for the third quarter of 2024 was $5.7 billion. Operating income was $871 million in the third quarter of 2024. Adjusted net income was $641 million, or $0.73 per diluted share.
- Net income of $0.65 per diluted share.
- Adjusted net income per diluted share of $0.73.
- Revenue of $5.7 billion and operating margin of 15%.
- Adjusted operating margin of 17%.
Headline financials
Revenue & EPS history
Halliburton · Revenue · Quarterly
$5.7B
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
Full year expectations for free cash flow and cash return to shareholders remain unchanged, and both are expected to accelerate in the fourth quarter.
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 Q3 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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