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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
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.
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The partnership involves drilling services for Var Energi's assets across the Norwegian Continental Shelf.
June 8, 2023 - Vår Energi and Halliburton intend to enter a long-term strategic relationship for drilling services to further improve drilling and well performance and enhance value... | June 9, 2023