Halliburton Non-GAAP EPS of $0.35 beats by $0.01, revenue of $4.28B beats by $80M

Apr. 19, 2022 6:47 AM ETHalliburton Company (HAL)By: Niloofer Shaikh, SA News Editor6 Comments
  • Halliburton press release (NYSE:HAL): Q1 Non-GAAP EPS of $0.35 beats by $0.01.
  • Revenue of $4.28B (+24.1% Y/Y) beats by $80M.
  • Shares +0.5% PM.
  • “We see significant tightness across the entire oil and gas value chain in North America. Supportive commodity prices and strengthening customer demand against an almost sold-out equipment market are expected to drive expansion in Completion and Production division margins."
  • The company expects strong international business to increase throughout the remainder of the year and expects to deliver profitable growth, strong free cash flow and industry-leading returns.

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