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Re: Halliburton Earnings Defy Falling Oil Prices. Why the Stock Is Still Dropping.The stock was off $1.22 today with these facts highlighting their results release: *Net income of $0.72 per diluted share. *Net income per diluted share more than doubled from Q1 2022. *Revenue of $5.7 billion, increased 33% year-over-year. *Operating margin of 17.2%, increased 530 basis points year-over-year. The company also bought back $100 million of stock during the first quarter. https://ir.halliburton.com/news-releases/news-release-details/halliburton-announces-first-quarter-2023-results |
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