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Halliburton Announces Second Quarter 2023 Results

Reported net income of $0.68 per diluted share. Adjusted net income per diluted share1 of $0.77 increased more than 50% year-over-year. Revenue of $5.8 billion, increased 14% year-over-year. Operating margin of 17.4%, a 329 basis points year-over-year increase over adjusted operating margin2. Cash flow from operating activities of $1.1 billion and free cash flow3 of $798 million.

Halliburton announces second quarter 2023 results

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

E&P Highlights: June 5, 2023

Here’s a roundup of the latest E&P headlines in the upstream oil and gas industry, including wells offshore Congo beginning production and approval for a North Sea field development.

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