Halliburton CEO expects ‘earnings power to strengthen in 2023 and beyond’

"Halliburton’s execution in 2022 demonstrated the earnings power of our strategy, and I expect this earnings power to strengthen in 2023 and beyond. Both operating divisions delivered strong margins in the international and North America markets," commented Jeff Miller, Chairman, President and CEO. "I am pleased to announce that our Board has adopted a capital returns framework and an increase in our dividend to sixteen cents per share beginning this quarter. This capital returns framework, our dividend increase, and the share buy backs we made during the fourth quarter demonstrate Halliburton’s confidence in our business, customers, employees, and value proposition. I am confident in Halliburton’s strong outlook and ability to generate increased returns for shareholders. Halliburton’s exceptional financial performance is a clear result of executing our strategic priorities – to maximize value in North America, deliver profitable international growth and drive capital efficiency."