International Revenue Growth
Halliburton delivered quarterly international revenue of $3.3 billion, demonstrating 2% sequential growth with activity increases in Latin America and Europe, Africa.
Technological Advancements
The company achieved significant milestones with technologies like iCruise, LOGIX Automation, and the ZEUS platform, enhancing drilling and completion efficiencies.
Strong Performance in Artificial Lift
International artificial lift revenue is expected to grow over 20% this year, with strong growth achieved in Latin America and Europe, Africa.
Free Cash Flow and Share Repurchase
Q2 cash flow from operations was $896 million with a free cash flow of $582 million, and approximately $250 million of common stock was repurchased.