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Halliburton Company (NYSE: HAL) reported a decline in earnings for the third quarter of fiscal 2025 when the oilfield service provider’s revenues dropped modestly. Third-quarter revenue declined to $5.60 billion from $5.70 billion in the same period a year ago. That translated into a 21% year-over-year decrease in adjusted earnings to $0.58 per share. Net … Read more
A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a softer-than-expected industry environment that will continue at least through the rest of 2025, the CEOs of oilfield services leaders Halliburton and SLB said. Global economic volatility, including ongoing tariff uncertainty, is leading oil and gas producers to plan … Read more
Oilfield service provider Halliburton Company (NYSE: HAL) on Tuesday reported a decline in earnings for the second quarter of fiscal 2025, reflecting a year-over-year decrease in revenues. Second-quarter revenue declined to $5.5 billion from $5.83 billion in the same period a year ago. That translated into a 31% year-over-year decrease in earnings to $0.55 per … Read more
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Halliburton Company (NYSE: HAL) reported its first quarter 2025 earnings results today. Total revenue was $5.4 billion compared to $5.8 billion in the same period a year ago. Net income was $204 million, or $0.24 per share, compared to $606 million, or $0.68 per share, last year. Adjusted earnings per share was $0.60 compared to … Read more
Energy giant Halliburton Company (NYSE: HAL) reported a year-over-year decline in revenues and net income for the fourth quarter of 2024. Fourth-quarter revenue declined 2% annually to $5.61 billion, with weakness in North America and Latin America more than offsetting revenue growth in other regions. Net profit decreased to $615 million or $0.70 per share … Read more
Halliburton Company (NYSE: HAL) is expected to report fourth-quarter results on Wednesday, January 22, at 6:45 am ET. The oilfield service provider is currently recovering from a rough patch, marked by challenges like weather disruptions and a major cyberattack that compromised its systems. For the Houston-based company’s stock, 2024 was not a great year, as … Read more
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