Discontinued — last reported Q3 '24

Business Segments · Gross Profit

Drilling And Evaluation — Gross Profit

Halliburton Drilling And Evaluation — Gross Profit increased by 7.4% to $406.00M in Q3 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

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 better pricing power or operational efficiency in service delivery.

Detailed definition

The difference between the Drilling and Evaluation segment's net revenue and its direct costs of operating revenue. This...

Peer comparison

A primary performance indicator for all oilfield service segments across the industry.

Metric ID: hal_segment_drilling_and_evaluation_gross_profit

Historical Data

2 periods
 Q3 '23Q3 '24
Value$378.00M$406.00M
QoQ Change—+7.4%
YoY Change—+7.4%
Range$378.00M – $406.00M
Avg YoY Growth+7.4%
Median YoY Growth+7.4%

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Frequently Asked Questions

What is Halliburton's drilling and evaluation — gross profit?
Halliburton (HAL) reported drilling and evaluation — gross profit of $406.00M in Q3 2024.
What does drilling and evaluation — gross profit mean?
The profit earned from segment operations after subtracting direct costs like labor and materials.