HALLIBURTON CO
For the period ended Jun 30, 2024. Filed Jul 29, 2024.
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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$31.86-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| Millions of dollars and shares except per share data | 2024 | 2023 | 2024 | 2023 |
| Revenue: | ||||
| Services | $4,215 | $4,181 | $8,361 | $8,347 |
| Product sales | 1,618 | 1,617 | 3,276 | 3,128 |
| Total revenue | 5,833 | 5,798 | 11,637 | 11,475 |
| Operating costs and expenses: | ||||
| Cost of services | 3,417 | 3,404 | 6,845 | 6,803 |
| Cost of sales | 1,293 | 1,316 | 2,587 | 2,563 |
| General and administrative | 62 | 54 | 123 | 108 |
| SAP S4 upgrade expense | 29 | 13 | 63 | 13 |
| Total operating costs and expenses | 4,801 | 4,787 | 9,618 | 9,487 |
| Operating income | 1,032 | 1,011 | 2,019 | 1,988 |
| Interest expense, net of interest income of $22, $18, $44, and $35 | (92) | (102) | (184) | (203) |
| Loss on Blue Chip Swap transactions | — | (104) | — | (104) |
| Other, net | (20) | (22) | (128) | (69) |
| Income before income taxes | 920 | 783 | 1,707 | 1,612 |
| Income tax provision | (207) | (167) | (385) | (341) |
| Net income | $713 | $616 | $1,322 | $1,271 |
| Net income attributable to noncontrolling interest | (4) | (6) | (7) | (10) |
| Net income attributable to company | $709 | $610 | $1,315 | $1,261 |
| Basic net income per share | $0.80 | $0.68 | $1.48 | $1.40 |
| Diluted net income per share | $0.80 | $0.68 | $1.48 | $1.39 |
| Basic weighted average common shares outstanding | 884 | 901 | 886 | 902 |
| Diluted weighted average common shares outstanding | 886 | 903 | 888 | 905 |
| See notes to condensed consolidated financial statements. | ||||
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