Second Quarter 2019 Update Investor Relations Contacts NYSE Stock Symbol: HAL Abu Zeya, Sr. Director Common Dividend: 0.18 in the second quarter 2019 Marina Matselinskaya, Director Shares Outstanding: 876 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* TC 140+ Nationalities TC TC TC Operational Countries TC TCTC TC TC TC 80 TC TC Research Centers TC 12 Locations Corporate Headquarters TC TC…
Celebrating A Century of Growth and Innovation 1919 1950 1950 1990 1990 2000 2000 Present 1919 1952 1991 2004 Erle P. Halliburton starts New Method Oil Company revenues top 10 million Halliburton helps extinguish over 220 Halliburton…
14 Product Service Lines in 2 Divisions Drilling and Evaluation Completion and Production Baroid Drill Bits Cementing Completion Production & Services Tools Enhancement Landmark Consulting & Project Management Sperry…
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 Subsurface Insight Increased Well Productivity Operational Efficiency 2019 Halliburton. All rights reserved. 8
Unconventionals Lowering Cost per BOE + Subsurface Insight Well Productivity Less More Operational Efficiency Barrels Drilling Optimization Supply Chain Surface Efficiency Cost + + 2019 Halliburton. All rights reserved. 9
Unconventionals Well Productivity Automated Fracturing Service Industry-first automated fracturing solution Machine learning & frac domain expertise combined to control equipment Adapts to formation variability More even…
Unconventionals Drilling Optimization Maximize iCruise Intelligent Rotary your Steerable Asset Value System Superior Platform Drilling Automation Improved Returns Deployed in the US shale Uses BHA Digital Twin to Modular design…
Unconventionals Operational Efficiency 20% LESS CAPITAL 35% LESS PERSONNEL 40% LESS COMPLETION TIME ExpressKinect Wellhead Q10 Pump ExpressSand System SnapshotTM Software Connector Quiet and dual fuel Reduces…
Unconventionals Operational Efficiency Velocity Modular Perforating Gun System 29% of NPT related to gun system failure Reduces assembly length and weight Minimizes wellsite preparation Improved stage efficiency and reduces non-…
Mature Fields Leading the Recovery in International Markets Mature Field Thousand Barrels per Day Primary Recovery Well Production Improved Recovery Enhanced Oil Recovery Optimization 70 % 35 % 1 % Amount of worldwide…
Mature Fields Solutions Portfolio Well Production Optimization Improved Asset Recovery Well Abandonment / P&A Artificial lift Infill drilling Safe and compliant operations Specialty chemicals Multilaterals Well integrity…
Deep Water Delivering the Lowest Cost-per-foot Reservoir Shallow Reduced Uncertainty 0-1000 ft Deep Water 1000-5000 ft Ultra Deep Water 5000 ft Increased Efficiency Increased Reliability 2019 Halliburton. All rights…
2Q19 Revenue Breakdown North America Middle East/Asia Middle East/Asia revenue in 2Q19 was 1.2 billion, a North America revenue in 2Q19 was 3.3 billion, a 2% 7% increase sequentially, largely resulting from increase when compared to…
Segment and Geographic Results Millions of dollars Revenue Q117 Q217 Q317 Q417 Q118 Q218 Q318 Q418 Q119 Q219 2017 2018 2Q19 YTD By segment results: Completion and Production 2,604 3,132 3,537 3,804 3,807 4,164 4,170 3,832 3,662…
Financial Metrics Total Revenue (Normalized) Return on Capital Employed* Peer Group ** HAL 120 HAL Peer Group ** 100 1Q15 = 100 11% 9% 80 7% 6% 6% 60 3% 3% 3% 1% 1% 40 1Q15 1Q16 1Q17 1Q18 1Q19 2015 2016 2017 2018…
Reconciliation of As Reported ROCE to Adjusted ROCE (millions) 2015 2016 2017 2018 2Q19TTM As reported net income attributable to company (671) (5,763) (463) 1,655 1,327 Interest expense, after-tax 329 529 517 479 469 As reported…
Reconciliation of Cash Flow from Operating Activities to Adjusted Free Cash Flow (millions) 2013 2014 2015 2016 2017 2018 Total cash provided by (used in) operating activities 4,447 4,062 2,906 (1,703) 2,468 3,157 Capital…
Why Invest in Halliburton Globally diversified oilfield services company with 14 different product service lines Leading position in North America and a strong international franchise Collaborating and engineering…