Halliburton Q3 2024 10-Q Filed
Ticker: HAL · Form: 10-Q · Filed: 2024-11-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, oilfield-services, energy
Related Tickers: SLB, BKR, OIS
TL;DR
HAL 10-Q filed: Q3 and YTD financials out, showing segment revenues for Completion/Production and Drilling/Evaluation.
AI Summary
Halliburton Company (HAL) filed its 10-Q for the period ending September 30, 2024. The filing details financial performance for the third quarter and the first nine months of the year, including revenue and income figures. Specific segment revenues for Completion and Production, and Drilling and Evaluation are provided for the relevant periods.
Why It Matters
This filing provides investors with the latest financial performance data for Halliburton, a major player in the oilfield services sector, impacting the broader energy market.
Risk Assessment
Risk Level: medium — As a major oilfield services company, Halliburton's performance is inherently tied to volatile energy prices and global economic conditions.
Key Numbers
- $878.5B — Total Assets (As of December 31, 2023, indicating the company's overall financial size.)
- 2024-09-30 — Reporting Period End (The end date for the financial data presented in this 10-Q filing.)
- 2024-07-01 to 2024-09-30 — Q3 2024 Service Revenue (Revenue generated from services during the third quarter of 2024.)
- 2023-07-01 to 2023-09-30 — Q3 2023 Service Revenue (Revenue generated from services during the third quarter of 2023 for comparison.)
- 2024-01-01 to 2024-09-30 — YTD 2024 Service Revenue (Revenue generated from services for the first nine months of 2024.)
Key Players & Entities
- HALLIBURTON CO (company) — Filer of the 10-Q report
- 0000045012 (company) — Central Index Key for Halliburton Co
- 20240930 (date) — Conformed period of report
- 20241107 (date) — Filing date
- 878,501,985 (dollar_amount) — Total assets as of December 31, 2023
FAQ
What were Halliburton's total revenues for the third quarter of 2024?
The filing indicates revenue for the period July 1, 2024 to September 30, 2024, but does not provide a single consolidated total revenue figure in the provided snippet.
How does Halliburton's Q3 2024 service revenue compare to Q3 2023?
The filing provides data points for 'us-gaap:ServiceMember' for both periods, allowing for a direct comparison of service revenue performance year-over-year.
What are the two main business segments reported by Halliburton?
The filing references 'hal:CompletionAndProductionMember' and 'hal:DrillingAndEvaluationMember', indicating these are key operational segments.
What was the company's total asset value at the end of the previous fiscal year?
Halliburton reported total assets of $878,501,985 as of December 31, 2023.
When was Halliburton Co. previously known by another name?
The company was formerly known as HALLIBURTON OIL WELL CEMENTING CO, with a date of name change on 19660911.
From the Filing
0000045012-24-000063.txt : 20241107 0000045012-24-000063.hdr.sgml : 20241107 20241107115726 ACCESSION NUMBER: 0000045012-24-000063 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 61 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241107 DATE AS OF CHANGE: 20241107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HALLIBURTON CO CENTRAL INDEX KEY: 0000045012 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 752677995 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-03492 FILM NUMBER: 241434165 BUSINESS ADDRESS: STREET 1: 3000 NORTH SAM HOUSTON PARKWAY EAST STREET 2: 3000 NORTH SAM HOUSTON PARKWAY EAST CITY: HOUSTON STATE: TX ZIP: 77032 BUSINESS PHONE: 2818712699 MAIL ADDRESS: STREET 1: 3000 NORTH SAM HOUSTON PARKWAY EAST STREET 2: 3000 NORTH SAM HOUSTON PARKWAY EAST CITY: HOUSTON STATE: TX ZIP: 77032 FORMER COMPANY: FORMER CONFORMED NAME: HALLIBURTON OIL WELL CEMENTING CO DATE OF NAME CHANGE: 19660911 10-Q 1 hal-20240930.htm 10-Q hal-20240930 0000045012 December 31 878,501,985 2024 Q3 false xbrli:shares iso4217:USD iso4217:USD xbrli:shares hal:Division xbrli:pure hal:Customers 0000045012 2024-01-01 2024-09-30 0000045012 2024-10-31 0000045012 us-gaap:ServiceMember 2024-07-01 2024-09-30 0000045012 us-gaap:ServiceMember 2023-07-01 2023-09-30 0000045012 us-gaap:ServiceMember 2024-01-01 2024-09-30 0000045012 us-gaap:ServiceMember 2023-01-01 2023-09-30 0000045012 us-gaap:ProductMember 2024-07-01 2024-09-30 0000045012 us-gaap:ProductMember 2023-07-01 2023-09-30 0000045012 us-gaap:ProductMember 2024-01-01 2024-09-30 0000045012 us-gaap:ProductMember 2023-01-01 2023-09-30 0000045012 2024-07-01 2024-09-30 0000045012 2023-07-01 2023-09-30 0000045012 2023-01-01 2023-09-30 0000045012 2024-09-30 0000045012 2023-12-31 0000045012 2022-12-31 0000045012 2023-09-30 0000045012 hal:CompletionAndProductionMember 2024-01-01 2024-09-30 0000045012 hal:CompletionAndProductionMember 2024-07-01 2024-09-30 0000045012 hal:DrillingAndEvaluationMember 2024-07-01 2024-09-30 0000045012 hal:DrillingAndEvaluationMember 2024-01-01 2024-09-30 0000045012 us-gaap:CorporateAndOtherMember 2024-07-01 2024-09-30 0000045012 us-gaap:CorporateAndOtherMember 2024-01-01 2024-09-30 0000045012 hal:CompletionAndProductionMember 2023-07-01 2023-09-30 0000045012 hal:CompletionAndProductionMember 2023-01-01 2023-09-30 0000045012 hal:DrillingAndEvaluationMember 2023-07-01 2023-09-30 0000045012 hal:DrillingAndEvaluationMember 2023-01-01 2023-09-30 0000045012 us-gaap:OperatingSegmentsMember hal:CompletionAndProductionMember 2024-07-01 2024-09-30 0000045012 us-gaap:OperatingSegmentsMember hal:CompletionAndProductionMember 2023-07-01 2023-09-30 0000045012 us-gaap:OperatingSegmentsMember hal:CompletionAndProductionMember 2024-01-01 2024-09-30 0000045012 us-gaap:OperatingSegmentsMember hal:CompletionAndProductionMember 2023-01-01 2023-09-30 0000045012 us-gaap:OperatingSegmentsMember hal:DrillingAndEvaluationMember 2024-07-01 2024-09-30 0000045012 us-gaap:OperatingSegmentsMember hal:DrillingAndEvaluationMember 2023-07-01 2023-09-30 0000045012 us-gaap:OperatingSegmentsMember hal:DrillingAndEvaluationMember 2024-01-01 2024-09-30 0000045012 us-gaap:OperatingSegmentsMember hal:DrillingAndEvaluationMember 2023-01-01 2023-09-30 0000045012 us-gaap:OperatingSegmentsMember 2024-07-01 2024-09-30 0000045012 us-gaap:OperatingSegmentsMember 2023-07-01 2023-09-30 0000045012 us-gaap:OperatingSegmentsMember 2024-01-01 2024-09-30 0000045012 us-gaap:OperatingSegmentsMember 2023-01-01 2023-09-30 0000045012 us-gaap:CorporateAndOtherMember 2023-07-01 2023-09-30 0000045012 us-gaap:CorporateAndOtherMember 2023-01-01 2023-09-30 0000045012 srt:MinimumMember 2024-01-01 2024-09-30 0000045012 srt:MaximumMember 2024-01-01 2024-09-30 0000045012 country:US us-gaap:GeographicConcentrationRiskMember us-gaap:SalesRevenueNetMember 2024-01-01 2024-09-30 0000045012 cou