Halliburton Tops Q4 Profit Estimates Despite Weaker U.S. Fracking

Halliburton Company (NYSE: HAL) booked a net income slightly above analyst estimates as its international oilfield services business offset weaker U.S. fracking and completion activities. Halliburton on Wednesday reported a net income of $615 million, or $0.70 per diluted share, for the fourth quarter of 2024, up from $571 million, or $0.

65 per share, for the third quarter of 2024. The Q4 earnings per share beat the analyst consensus estimate of $0.69. Halliburton’s total revenue for the fourth quarter of 2024 stood at $5.6 billion, compared…