REFILE-UPDATE 2-Halliburton 4th-qtr profit beats, firm takes charge for Venezuela [Reuters]
Halliburton Company (HAL)
Last halliburton company earnings: 4/20 06:45 am
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Source: Reuters
Halliburton fourth-quarter profit beats, firm takes charge for Venezuela | Reuters 3 Min Read (Reuters) - U.S. oilfield services company Halliburton Co ( HAL.N ) reported ed a bigger-than-expected fourth-quarter profit, as higher oil prices pushed U.S. production to record levels. Like rival larger Schlumberger ( SLB.N ), Halliburton delivered an upbeat outlook for its domestic and international operations as rising oil prices spur demand for their services. “I am optimistic about what I see in 2018,” Chief Executive Jeff Miller said in a statement. Halliburton also reported a fourth-quarter charge of $385 million for its operations in Venezuela, which has been mired in political and economic turmoil. Halliburton said it would continue to “vigorously pursue” payments from its customer in Venezuela going forward. Schlumberger last week disclosed a $938 million write-down on its Venezuelan assets and receivables. Halliburton was upbeat about the health of the U.S. oil industry given
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News
- Halliburton (NYSE: HAL) had its price target raised by analysts at Citigroup Inc. from $45.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
- Halliburton (NYSE: HAL) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $45.00 price target on the stock.MarketBeat
- Halliburton Company (NYSE:HAL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Rhino Resources and Halliburton to Sign Contract for Integrated Deep-Water Services Offshore NamibiaBusiness Wire
- Halliburton (NYSE: HAL) had its price target raised by analysts at TD Cowen from $47.00 to $48.00. They now have a "buy" rating on the stock.MarketBeat
HAL
Earnings
- 4/23/24 - Beat
HAL
Sec Filings
- 4/24/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/2/24 - Form DEFA14A
- HAL's page on the SEC website