Halliburton Q1 EPS $0.72 vs $0.29; revenue $5.7B (+33% YoY)

HALLIBURTON CO

2023-Q1 EPS reported $720000.00 revenue$5,677,000,000

Net income $651M ($0.72 diluted EPS) vs $263M ($0.29) in Q1 2022; revenue $5.7B (+33% YoY).
Operating income $977M, margin 17.2% (+530 bps YoY). Completion & Production rev $3.4B (+45%); Drilling & Evaluation $2.3B (+17%).
North America rev $2.8B (+44%); International rev $2.9B (+23%). Latin America +40%, Middle East/Asia +30%.
Repurchased ~$100M of common stock in Q1. Added two new board members: Janet Weiss and Maurice Smith.
CEO Jeff Miller: 'First quarter again demonstrated earnings power; strong outlook for 2023 and long-term.'

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HALLIBURTON CO reported the quarter ended March 31, 2023 results: revenue $5.7 billion, net income $651 million, EPS $0.72 per diluted share.

Period: the quarter ended March 31, 2023
Revenue: $5.7 billion
Net income: $651 million
EPS: $0.72 per diluted share
Result: reported results

Exact text from the filing

Halliburton Company (NYSE: HAL) announced today net income of $651 million, or $0.72 per diluted share, for the first quarter of 2023. This compares to net income for the first quarter of 2022 of $263 million, or $0.29 per diluted share. Halliburton's total revenue for the first quarter of 2023 was $5.7 billion compared to total revenue of $4.3 billion in the first quarter of 2022.

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Source: SEC EDGAR

accession 0000045012-23-000024

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