Halliburton Co

HAL: XNYS (USA)

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Halliburton Earnings: Lower Pressure Pumping Volumes Squeeze Margin, but Our Long-Term Thesis Holds

Joshua Aguilar

Apr 22, 2025

Halliburton's first-quarter print saw revenue decline 3% sequentially to $5.4 billion, while adjusted operating margin declined 210 basis points to 14.5%. These are Halliburton's lowest sales and margin figures since 2022.

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Halliburton Co

Halliburton Earnings: Lower Pressure Pumping Volumes Squeeze Margin, but Our Long-Term Thesis Holds

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