Energy giant Halliburton Company (NYSE: HAL) Friday announced financial results for the second quarter of 2024, reporting a double-digit increase in net profit.
Second-quarter revenue edged up 1% annually to $5.83 billion. Weakness in the North American segment was offset by revenue growth in other geographical regions.
Net profit increased to $713 million or $0.80 per share in the June quarter from $610 million or $0.68 per share in the comparable period a year earlier. Second-quarter operating margin came in at 18%.
“In our international markets we see strong demand for Halliburton’s services, high activity levels, and equipment tightness across all major basins,” said Jeff Miller, CEO of Halliburton.
The post Infographic: Halliburton (HAL) reports strong earnings growth for Q2 2024 first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
