Halliburton CEO sees continued demand growth for oilfield services in 2024

“Halliburton delivered an impressive third quarter and our margin strength demonstrated the power of our strategy. I am pleased with the stability of our North America business and the profitability of our International growth,” commented Jeff Miller, Chairman, President and CEO. “Everything I see today strengthens my conviction in the long duration of this upcycle. Against this backdrop, we expect continued demand growth for oilfield services in 2024 and beyond. Halliburton delivered strong returns to our shareholders as demonstrated by more than $500 million of Free Cash Flow and repurchases of approximately $200 million of common stock and $150 million of debt during the quarter.”