Discontinued — last reported Q3 '24
Business Segments · Gross Profit
Completion And Production — Gross Profit
Halliburton Completion And Production — Gross Profit decreased by 10.3% to $669.00M in Q3 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2023
Last reportedQ3 2024
Rolls up toGross Profit
How to read this metric
Higher margins indicate strong operational efficiency and effective cost management in service delivery.
Detailed definition
Calculated as the segment's total revenue minus the direct costs of providing services, such as materials and labor. It...
Peer comparison
A primary benchmark for comparing operational performance against other oilfield service competitors.
Metric ID:
hal_segment_completion_and_production_gross_profitHistorical Data
2 periods
| Q3 '23 | Q3 '24 | |
|---|---|---|
| Value | $746.00M | $669.00M |
| QoQ Change | — | -10.3% |
| YoY Change | — | -10.3% |
Range$669.00M – $746.00M
Avg YoY Growth-10.3%
Median YoY Growth-10.3%
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Frequently Asked Questions
- What is Halliburton's completion and production — gross profit?
- Halliburton (HAL) reported completion and production — gross profit of $669.00M in Q3 2024.
- What does completion and production — gross profit mean?
- The profit earned by the Completion and Production segment after subtracting direct production costs from revenue.