Quarter Update: First Quarter 2014 Investor Relations Contacts: Kelly Youngblood, Vice President Scott Danby, Manager 281.871.2688 or investorshalliburton.com NYSE Stock Symbol: HAL Common Dividend: 0.15 per quarter in 2014 Shares…
Agenda Company Overview Market Outlook Deepwater Mature Fields Unconventionals Financials 3
Halliburton Service Offerings Sperry Artificial Drilling Lift Baroid Multi-Chem Wireline and Boots & Coots Perforating Drill Bits Production and Services Enhancement Drilling Completion and Landmark and Software…
Halliburton Global Franchise North America H Middle East/Asia Pacific H Europe/Africa/CIS Latin America Halliburton Locations H Halliburton Headquarters Halliburton Research Centers 2014 Operational Research Corporate Founded Employees…
Growth in Key Segments 5-Year Market 2008 2013 Share Change Market HAL Market HAL Size Position Size Position HAL Peers Hydraulic Fracturing 1 1 (2.3%) (2.7%) Directional Drilling/LWD 2 2 0.1% (1.5%) Wireline 2 2 2.5% (2.4%) Artificial…
Outgrowing the Deep Water Market Leveraging leadership positions in Finding Market Geoscience and Completions Leadership Providing a Compelling Choice in Formation Evaluation Drilling Leading in High Pressure/High Temperature…
Market Size: Development versus Exploration 120 100 11 % CAGR Deepwater Well Services Spending (B) Market Growth 80 60 77% 13% 40 64% 20 4% 23% Growth: Exploration 36% vs. Development 0 2012 2013 2014 2015 2016 2017 2018 2019 2020…
Selective Technology Leadership DrillingXpert Software ICE CoreSM Service GeoTap IDS Sensor Consolidates All Drilling Modeling Industrys Leading Downhole, Real- Collects and Identifies and Real-Time Monitoring Time, Laboratory-Grade…
Deepwater Technology Improving Frontier Economics Helps reduce completion cost in multiple Enhanced Single-Trip Multi-zone zone completions (ESTMZ) FracPac System Average 18 rig days saved in Gulf of Mexico Lower Tertiary Helps reduce…
Impacting the Decline Curve Grow through consulting-led mature field projects Deploy multi-lateral and infill drilling technologies Penetrate intervention segment by focusing on key markets and acquisitions Mature fields a technically…
Growing Demand for Mature Fields Solutions Mature Field Production Mature Field Reserves Million BOE/Day Billion BOE 100 75% 700 66% 75 525 64% 70% 50 350 62% 65% 25 175 60% - 60% - 58% 2008 2010 2012 2014 2016 2018 2008 2010 2012 2014…
Many Approaches to Mature Fields Integrated Asset Discrete Services Integrated Solutions Management Leadership in Diagnostics 11,000 Professionals Long-Term, Stable Revenue with Integrated Cased Hole Worldwide with Extensive…
Integrated Solutions IPM Halliburton 23% CAGR Revenue (PM, Third Party and PSL) Billions IPM Industry 16 12% CAGR 12 8 Consulting-Led Projects Requires Comprehensive 4 Discrete Service Portfolio 0 2010 2011…
Integrated Asset Management Humapa Project Work scheduled to begin in second quarter of 2014 Compensation includes 100% of services at market rates during first phase Contracted to manage asset Chicontepec block and to deliver all…
Continued Growth in Unconventionals 1,115 802 707 665 573 545 437 390 285 245 Unconventional Basins Tight Gas Shale Gas China Argentina Algeria U.S. Canada Mexico Australia South Russia Brazil Coal Bed Methane Africa Technically…
International Unconventional Markets Undercapitalized HHP TCF North America 25% 15% International 75% 85% North America has less than 15% of worldwide unconventional gas reserves but over 75% of pressure pumping equipment Source: EIA,…
HALvantage Best-in-Class Reliability and Surface Efficiency Mobile SandCastle Vertical Q10 Pump Wellhead Connection Unit Remote Operations Centers Technologies Storage Bins Reduce footprint at Allows engineers and customers…
Subsurface Innovation Custom Chemistry Broken Broken PermStim Guar Fluid Fluid PermStimSM CleanStim Hydraulic AccessFracSM Fracturing Service Fracturing Fluid System A residue-free, natural polymer with Combines leading unconventional…
Subsurface Insight - CYPHER CYPHER Where to Drill the Well Where to Steer the Well Where to Complete the Well How to Complete the Well Iterative, Intelligent Software Platform Over 22% Improved Production and 93% Accurate in Early…
Q1 2014 Revenue Breakdown North America Middle East/Asia Pacific Increased service intensity driven Growth led by robust activity in Saudi by improved drilling efficiency and Arabia and the Middle East. Asia increased completions…
Financial Goals Total Revenue (Indexed) Return on Average Capital Employed* 1Q10 to 1Q14 2010 to 1Q2014TTM** HAL Peer Group HAL Peer Group 220 200 195 19% 180 16% 16% 15% 15% 160 13% 12% 12% 12% 140 154 10% 120 100 Q1 2010 = 100 80…
Global Revenue North America Revenue (Indexed) International Revenue (Indexed) 1Q10 to 1Q14 1Q10 to 1Q14 HAL Peer Group HAL Peer Group 300 200 168 180 250 229 160 200 140 185 150 140 120 100 100 Q1 2010 = 100 Q1 2010 = 100 50 80 1Q10…
Strategic Investments Streamlining the Service Delivery Platform in North Impact of America 0.01 per Expanded manufacturing share during footprint in the Eastern Q1 2014 Hemisphere Global Technology Centers under…
Recap Leveraging Service Intensity Expanded International Footprint Integrating across Broad Diversified Service Offerings Expanding our Robust Technology Portfolio Balancing Growth and Returns 26
Reconciliation of As Reported ROACE to Adjusted ROACE ( millions) 2010 2011 2012 2013 1Q14 TTM As reported net income 1,842 2,844 2,645 2,135 2,767 Interest expense, after-tax 209 181 206 260 261 As reported operating profit, after-tax…
Quarter Update: First Quarter 2014 NYSE Stock Symbol: HAL Investor Relations Contacts: Common Dividend: 0.15 per quarter in 2014 Kelly Youngblood, Vice President Shares Outstanding: 845 Million as of 4/18/2014 32 Scott Danby, Manager…
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