Halliburton Delivers Solid Results and Forecasts Long-Term Growth in Q1 2024 Earnings Call

Tuesday, 23 April 2024, 19:45

Halliburton reported impressive total company revenue of $5.8 billion with a strong operating margin of 17% in Q1 2024. International revenue showed steady growth of 12% year over year, driven by multiple regions. The company's focus on technology investment, capital efficiency, and market demand signals a positive outlook for long-term growth and shareholder returns. The firm's strategic approach and organic growth in key business segments position it well for sustained profitability and market expansion.
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Halliburton Delivers Solid Results and Forecasts Long-Term Growth in Q1 2024 Earnings Call

Halliburton Q1 2024 Earnings Review: Solid Results and Long-Term Growth Outlook

Halliburton reported impressive total company revenue of $5.8 billion with a strong operating margin of 17% in Q1 2024. International revenue showed steady growth of 12% year over year, driven by multiple regions. The company's focus on technology investment, capital efficiency, and market demand signals a positive outlook for long-term growth and shareholder returns. The firm's strategic approach and organic growth in key business segments position it well for sustained profitability and market expansion.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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