Fourth Quarter 2018 Update Investor Relations Contacts: NYSE Stock Symbol: HAL Abu Zeya, Sr. Director Common Dividend: 0.18 in the fourth quarter 2018 Marina Matselinskaya, Director Shares Outstanding: 873 million as of…
Safe Harbor The statements in this presentation that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These…
Agenda Company Overview Returns-focused Strategy Unconventionals Mature Fields Deep Water Financial Review 2019 Halliburton. All rights reserved. 3
Halliburton Global Footprint Founded 1919 Employees 60,000 140 Nationalities TC TC TC TC Operational Countries TC TCT TC TC C TC TC 80 TC Research Centers Locations TC 16 TC Technology Centers TC…
Product Service Lines Drilling and Evaluation Completion and Production Baroid Drill Bits Cementing Completion Production & Services Tools Enhancement Consulting Landmark & Project Management Sperry Testing Wireline &…
Returns-Focused Strategy Deliver strong cash flow and industry-leading returns for our shareholders by collaborating and engineering solutions that improve efficiency and maximize recovery for our customers Strategic Markets Provide…
Unconventionals Lowering Cost per BOE for Our Customers Well Productivity Efficiency Environmental Sustainability 2019 Halliburton. All rights reserved. 7
Unconventionals Lowering Cost per BOE + Reservoir Understanding Well Productivity Drilling Optimization Supply Chain Surface Efficiency Less More Barrels + + Cost 2019 Halliburton. All rights reserved. 8
Unconventionals - Well Productivity Prodigi AB Intelligent Fracturing Service Breaks down all available clusters Increases number of Intelligent Algorithm fracture initiations Improves production Reduces risk of frac hits…
Unconventionals Surface Efficiency 20% LESS CAPITAL 35% LESS PERSONNEL 40% LESS COMPLETION TIME Q10 Pump ExpressKinect WCU ExpressSand System SnapshotTM Software Significantly lowers Reduces rig-up time, increases…
Unconventionals Drilling Optimization Maximize iCruise Intelligent yourSystem Rotary Steerable Asset Value Drilling Automation Accurate Steering Fast Drilling Can drill up to 18 degree/100 feet Helps reduce well time with the…
Mature Fields Leading the Recovery in International Markets 70% of oil & gas production comes from mature fields Requires collaboration with our customers Utilizes a variety of drilling, diagnostics, completion, and production…
Halliburton Mature Fields Solutions Portfolio Well Production Well Abandonment Improved Asset Recovery Optimization P&A Conformance Artificial lift Safe and compliant operations Diagnostics (wireline, coil tubing) Infill…
Deep Water Delivering the Lowest Cost-per-foot Reservoir Increased Efficiency Reduced Uncertainty Lowest Cost- per-foot Reservoir Delivery 2019 Halliburton. All rights reserved. 14
Deep Water Reduced Uncertainty EarthStar Ultra-deep Resistivity Service GEOSTOP GEOSTEER GEOMAP Reduce well time by Drill to produce by optimizing Enhance reservoir eliminating pilot holes well placement understanding with…
4Q18 Revenue Breakdown North America Middle East/Asia North America revenue in the fourth Middle East/Asia revenue in the fourth quarter of 2018 was 3.3 billion, an quarter of 2018 was 1.2 billion, an 11% decrease sequentially.…
Financial Metrics Total Revenue (Normalized) Return on Average Capital Employed* 1Q14 to 4Q18 2014 to 2018 HAL Peer Group Peer Group HAL 17% 140 120 13% 11% 100 7% 80 6% 6% 3% 3% 60 Q1 2014 = 100 1% 1% 40…
Segment and Geographic Results Millions of dollars 2019 Halliburton. All rights reserved. 18
Reconciliation of As Reported ROACE to Adjusted ROACE (millions) 2014 2015 2016 2017 2018 As reported net income attributable to company 3,500 (671) (5,763) (463) 1,655 Interest expense, after-tax 289 329 529 517 479 As reported…