Halliburton Co. (HAL)
Halliburton Company (HAL) Q3 2024 Earnings Call Transcript
Halliburton Company (NYSE:HAL ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants David Coleman - Senior Director, IR Jeff Miller - Chairman, President, and CEO Eric Carre - EVP and CFO Conference Call Participants Dave Anderson - Barclays Arun Jayaram - JPMorgan Securities James West - Evercore ISI Roger Read - Wells Fargo Securities Neil Mehta - Goldman Sachs Saurabh Pant - Bank of America Kurt Hallead - Benchmark Operator Good day, and welcome to the Third Quarter 2024 Halliburton Company Earnings Conference Call. At this time, all participants are in a listen-only mode.
Halliburton Revenue Hit by Challenges
As a result of operational challenges, Halliburton missed analyst expectations for the quarter.
Halliburton (HAL) Q3 Earnings and Revenues Miss Estimates
Halliburton (HAL) came out with quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.79 per share a year ago.
Halliburton misses quarterly profit estimates on North America drilling demand weakness
Halliburton missed analysts' estimates for third-quarter profit on Thursday, as a slowdown in drilling activity in North America weighed on demand for its oilfield services and equipment.
Surging Oil Stock To Avoid
Immediately following news of Donald Trump's U.S. Presidential election victory, oil stocks surged. Halliburton (HAL) stock was last seen up more than 6.7% today, pacing for its best daily performance since October 2023.
Halliburton Company's Q3 Earnings Preview: Points to Consider
HAL beat the Zacks Consensus Estimate in three of the last four quarters and met in the other, with the average earnings surprise being 3.2%.
Analysts Estimate Halliburton (HAL) to Report a Decline in Earnings: What to Look Out for
Halliburton (HAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Halliburton (HAL) Stock Dips While Market Gains: Key Facts
In the latest trading session, Halliburton (HAL) closed at $27.52, marking a -1.33% move from the previous day.
Halliburton (HAL) Registers a Bigger Fall Than the Market: Important Facts to Note
In the most recent trading session, Halliburton (HAL) closed at $27.81, indicating a -1.52% shift from the previous trading day.
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Halliburton Launches Fully Automated Hydraulic Fracturing Service
HAL's Octiv Auto Frac service enables the implementation of fracture design without any human intervention, improving efficiency and safety in frac operations.
Halliburton Launches Octiv Auto Frac to Optimize Fracturing Operations
HAL's Octiv Auto Frac revolutionizes fracture services with intelligent automation, enhancing operational consistency and reducing total costs for customers.
