tiprankstipranks
Halliburton Q3 2024 Financial Results Amid Challenges
Company Announcements

Halliburton Q3 2024 Financial Results Amid Challenges

The latest announcement is out from Halliburton ( (HAL) ).

Pick the best stocks and maximize your portfolio:

Halliburton reported a third-quarter 2024 net income of $571 million, translating to $0.65 per diluted share, with adjusted net income at $0.73 per share. The company’s revenue was $5.7 billion, slightly down from the previous quarter, impacted by a cybersecurity event and storms. Despite challenges, Halliburton continues to focus on strategic growth in North America and international markets, enhancing its technology portfolio and services like the innovative TrueSync™ motor and Octiv® Auto Frac service, while maintaining strong shareholder returns and cash flow expectations.

For detailed information about HAL stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyHalliburton downgraded to Neutral from Buy at Griffin Securities
TheFlyMicron downgraded, Block upgraded: Wall Street’s top analyst calls
TheFlyPiper assumes Oilfield Services coverage with 4 buys, 4 neutrals
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App