Halliburton beats earnings estimates but sees 2.3% drop in revenue, facing uncertainty in 2025.

Halliburton reported Q4 2024 earnings of $0.70 per share, exceeding expectations, but its revenue fell 2.3% year-over-year to $5.61 billion, slightly missing forecasts. The company saw a 4.2% drop in Completion and Production revenue to $3.2 billion, while international revenue grew by 3% to $3.4 billion. Despite a cautious outlook for North American activity in 2025, Halliburton aims to invest in drilling and artificial lift technologies for growth in the Middle East and Asia. Analysts are uncertain about the company’s revenue growth and long-term margin expansion plans.

2 months ago
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