HAL: raises dividend by 33%.
Halliburton will raise its dividend by 33%, the company said on Tuesday, as the world’s largest fracking services provider beat analyst estimates for fourth-quarter performance. Halliburton bought back $250 million in shares during Q4 2022, and saw quarterly earnings of $0.72 per share—this compares to $0.36 per share in Q4 a year ago.
HAL’s Q4 revenues came in at $5.58 billion, also beating analyst estimates and Q4 2021’s revenues of $4.28 billion. HAL’s Q4 profit was $656 million.
Reminder: earlier, SLB raised its quarterly dividend to 25.0 cents a
share from 17.5 cents a share, with the new dividend payable April 6, 2023, to
shareholders of record on February 8, 2023. That represented a 43% raise.
And now this: the best Jewish delis in the US, August 9, 2022.
I don't know NYC but I sort of know Los Angeles, and our favorite / most memorable deli in Los Angeles made the list: Langer's.
Microsoft earnings: mixed. Shares surge after-hours.
****************************
Back to the Bakken
Active rigs: link here. 46.
WTI: $80.16.
Natural gas: $3.261.
Four new permits, #39587 - #39590, inclusive:
- Operator: Grayson Mill
- Field: Briar Creek (McKenzie County)
- Comments:
- Grayson Mill has permits for four Niles wells in lot 2 section 19-152-104,
- to be sited between 1798 FSL and 1888 FSL and all four 362 FWL
Five permits canceled:
- EOG: five Riverview permits in McKenzie County;
Four producing wells (DUCs) reported as completed:
- 36171, no IP, XTO, FBIR Lavern 42X-15BXC, Williams County;
- 36172, no IP, XTO, FBIR Lavern 42X-14CXD, Williams County:
- 36173, no IP, XTO, FBIR Lavern 42X-14H, Williams County;
- 38739, 906, Whiting, Rohde Federal 14-6-3X, Mountrail County;
