Categories AlphaGraphs, Earnings, Energy

Infographic: Everything you need to know about Halliburton’s (HAL) Q3 earnings

Halliburton Company (NYSE: HAL) on Tuesday reported a sharp increase in third-quarter revenues. Reflecting the strong top-line performance, the oilfield services company’s net profit more than doubled.

Halliburton Q3 2022 earnings infographic

Both operating segments registered strong growth in the September quarter, and total revenues surged 39% annually to $5.36 billion. A modest decline in the Europe/Africa/CIS region was more than offset by double-digit growth in the other segments.

Third-quarter net income was $544 million or $0.60 per share, compared to $236 million or $0.26 per share in the comparable period of 2021.

Check this space to read management/analysts’ comments on Halliburton’s Q3 2022 results

“Looking forward, we see activity increasing around the world — from the smallest to the largest countries and producers. We intend to continue to execute on our strategic priorities and drive free cash flow and returns for our shareholders. I believe these strategies equip Halliburton to outperform under any market condition, but especially to maximize returns through this upcycle,” said Halliburton’s CEO Jeff Miller.

Prior Performance

  • Halliburton Q2 2022 Earnings Infographic
  • Halliburton Q3 2021 earnings

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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