Halliburton Company reported net income of $651 million, or $0.72 per diluted share, for the first quarter of 2023. Total revenue for the first quarter of 2023 was $5.7 billion compared to total revenue of $4.3 billion in the first quarter of 2022. Halliburton’s Completion and Production division reported revenue of $3.4 billion, an increase of $1.1 billion, or 45%, when compared to the first quarter of 2022, while operating income was $666 million, an increase of $370 million. Halliburton’s Chairman, President and CEO, Jeff Miller, expressed confidence in the company’s outlook and its ability to deliver shareholder returns.
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