US EditionHalliburton Beats Estimates on Quarterly Profit, Says Could Move Quickly in Venezuela
International markets contributed $3.5 billion in revenue, offsetting flat North American activity while potential Venezuela reopening boosts growth prospects, CEO Jeff Miller said.
- For the quarter ended December 31, Halliburton Company reported adjusted profit of 69 cents per share and revenue of $5.657 billion, beating estimates.
- International revenue climbed 7% to $3.50 billion, driven by Brazil, the North Sea and the Caribbean, while North America remained pressured at $2.21 billion as shale producers restrained spending.
- The company generated $1.17 billion in operating cash flow and $875 million in free cash flow, using cash for a $250 million share repurchase, $382 million senior notes retirement, and 17-cent dividend.
- Shares rallied 4.7% on Wednesday as investors focused on the international revenue contribution, with Halliburton's stock trading near its 52-week high of $33.72.
- Earlier this month Halliburton met with the White House about Venezuela and said it could move quickly if permitted, noting its long history since entering in 1938 and exiting in 2019.
13 Articles
13 Articles
Halliburton beats estimates on quarterly profit, says could move quickly in Venezuela
Halliburton surpassed analysts' expectations for fourth-quarter profit on Wednesday, helped by steady demand for its services and equipment in international markets, and said it would look to re-enter Venezuela as soon as commercial and legal terms, including payment certainty, were resolved.
Halliburton Closes 2025 With Strong Cash Flow, New Global Deals - Halliburton (NYSE:HAL)
Halliburton Company (NYSE:HAL) ended the year on a solid note, reporting higher fourth-quarter earnings and revenue as improved operating performance helped it beat Wall Street expectations. The Houston-based company said fourth-quarter 2025 net income totaled $589 million, or 70 cents per diluted share. Excluding impairments, other charges, and tax-related adjustments, adjusted net income was $576 million, or 69 cents per diluted share. Total r…
infobae The executive director of the firm, Jeffrey Miller, made these statements during a telephone conference with analysts after the publication of the annual results of the company The American company Halliburton, considered the second largest company of oil services worldwide, highlighted this Friday the “opportunities” that it observes in Venezuela and expressed its confidence to move forward quickly to expand its operations in the Caribb…
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