Halliburton Company Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Capital Expenditure Guidance for the Year 2015; Provides Effective Tax Rate Guidance for the First Quarter of 2015
For the year, the company reported total revenue of USD 20,253 million compared to USD 17,506 million a year ago. Total operating income was USD 5,097 million compared to USD 3,138 million a year ago. Income from continuing operations before income taxes were USD 4,712 million compared to USD 2,764 million a year ago. Income from continuing operations was USD 3,437 million compared to USD 2,116 million a year ago. Net income was USD 3,501 million compared to USD 2,135 million a year ago. Net income attributable to company was USD 3,500 million compared to USD 2,125 million a year ago. Diluted income per share from continuing operations were USD 4.03 compared to USD 2.33 a year ago. Diluted net income per share was USD 4.11 compared to USD 2.36 a year ago. Total cash flows from operating activities were USD 4,062 million compared to USD 4,447 million a year ago. Capital expenditures were USD 3,283 million compared to USD 2,934 million a year ago.
For the first quarter of 2015, the company expecting effective tax rate to be approximately 28% to 29%.
Currently, the company anticipates that its capital expenditures for 2015 will be essentially in line with 2014 and expect depreciation and amortization to be approximately USD 2.4 billion for the year.