Reports Q4 revenue $5.6B, consensus $5.63B. “I am pleased with our performance in 2024. We generated over $2.6 billion dollars of free cash flow, and returned over $1.6 billion dollars of cash to our shareholders,” commented Jeff Miller, Chairman, President and CEO. “While we expect 2025 to be sequentially softer in North America, we begin the second half of this decade in a great position, with a transformed balance sheet, leading returns, and strong free cash flow. I am excited about the long term outlook for Halliburton (HAL). I expect to execute our value proposition, deepen our technology portfolio, and drive value through our growth engines: drilling technology, unconventionals, well intervention, and artificial lift,” concluded Miller.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HAL:
- Options Volatility and Implied Earnings Moves This Week, January 21 – January 24, 2025
- Halliburton Company (HAL) Q4 Earnings Cheat Sheet
- Trump Trade: President-elect prepares executive orders to boost fossil fuels
- Halliburton price target lowered to $35 from $43 at Evercore ISI
- Trump prepares executive orders to boost fossil fuels, WSJ reports