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HALLIBURTON CO

For the period ended Jun 30, 2024. Filed Jul 29, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Jul 29, 2024

HAL$31.84-0.3%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2024

or

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 001-03492

(Exact name of registrant as specified in its charter)

Delaware75-2677995
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
3000 North Sam Houston Parkway East,Houston,Texas77032
(Address of principal executive offices)(Zip Code)

(281)871-2699

(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered
Common Stock, par value $2.50 per shareHALNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.☒ Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).☒ Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer☒Accelerated Filer☐
Non-accelerated Filer☐Smaller Reporting Company☐
Emerging Growth Company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

☐ Yes☒ No

As of July 22, 2024, there were 882,828,515 shares of Halliburton Company common stock, $2.50 par value per share, outstanding.

Index

Page No.
PART I.FINANCIAL INFORMATION1
Item 1.Financial Statements1
Condensed Consolidated Statements of Operations1
Condensed Consolidated Statements of Comprehensive Income2
Condensed Consolidated Balance Sheets3
Condensed Consolidated Statements of Cash Flows4
Notes to Condensed Consolidated Financial Statements5
Note 1. Basis of Presentation5
Note 2. Business Segment Information5
Note 3. Revenue6
Note 4. Inventories8
Note 5. Accounts Payable8
Note 6. Income Taxes8
Note 7. Shareholders' Equity9
Note 8. Commitments and Contingencies10
Note 9. Income per Share11
Note 10. Fair Value of Financial Instruments11
Note 11. Subsequent Event11
Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations12
Executive Overview12
Liquidity and Capital Resources15
Business Environment and Results of Operations17
Results of Operations in 2024 Compared to 2023 (QTD)19
Results of Operations in 2024 Compared to 2023 (YTD)22
Forward-Looking Information24
Item 3.Quantitative and Qualitative Disclosures About Market Risk24
Item 4.Controls and Procedures24
PART II.OTHER INFORMATION25
Item 1.Legal Proceedings25
Item 1(a).Risk Factors25
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds26
Item 3.Defaults Upon Senior Securities26
Item 4.Mine Safety Disclosures26
Item 5.Other Information27
Item 6.Exhibits28
SIGNATURES29
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.