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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ir.halliburton.com
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Source: Reuters
Halliburton beats on fourth quarter profit, makes tax provision | Reuters 2 Min Read (Reuters) - Halliburton Co ( HAL.N ) posted a much bigger than expected quarterly profit in the fourth quarter, benefiting from a shale-driven surge in U.S. oil production towards 10 million barrels per day. Shares in the oilfield services provider rose around 1 percent in premarket as the company posted a profit of 53 cents a share, beating average analyst estimates of 46 cents per share, as per Thomson Reuters I/B/E/S. The company also made a $1.05 billion provision for income tax payments chiefly related to recently-passed changes in U.S. corporate taxation. Like cross-town rival Schlumberger ( SLB.N ) last week, the company sounded upbeat about the health of the U.S. oil industry. “I am optimistic about what I see in 2018,” CEO Jeff Miller said in a statement. “Commodity prices are supportive of increasing activity in North America and I am encouraged by the increase in tender activity and the
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HAL
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