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