Stephens Reiterates Overweight Rating on Halliburton (HAL) Following 3Q Report

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Halliburton Announces Third Quarter 2019 Results

October 21, 2019 6:45 AM EDT

Reported net income of $0.34 per diluted share Cash flows from operating activities of $871 million and free cash flow of $526 million

HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) announced today net income of $295 million, or $0.34 per diluted share, for the third quarter of 2019. This compares to reported net income for the second quarter of 2019 of $75 million, or $0.09 per diluted share, and adjusted net income for the second quarter of 2019 of $303 million, or $0.35 per diluted share, excluding impairments and other charges. Operating income was $536... More