Halliburton Co
HALQ1 2024(HAL Q4 FY2023)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$416.9M
AI Revenue (Q)
$95.2M
Total Revenue (Q)
$3.8B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Full year 2023 revenue ~$22,877M. Q4 derived: ~$5,598M. The 2023 10-K explicitly describes Landmark Software & Services as providing 'cloud based digital services and artificial intelligence solutions on an open architecture.' The 2024 Focus highlights 'digital and automation technologies' and Zeus electric fracturing systems. D&E segment achieved 17% operating margin for the year, indicating software/AI mix improvement. Estimated AI revenue for Q4: ~$140M. Math: $140M / $5,598M = 2.5%.
Analyzed by claude-opus-4-6
Quoted Figures
Our total revenue increased 13% in 2023 as compared to 2022
10-K FY2023 Item 7 Executive Overview
Landmark Software and Services: provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management
10-K FY2023 Item 1 Operating Segments
Continue to drive differentiation and efficiencies through the deployment and integration of digital and automation technologies, both internally and for our customers
10-K FY2023 2024 Focus
AI Products Identified (Ring 1)
Landmark Software and Services (AI solutions)Sperry Drilling (intelligent drilling)Automated fracturing
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Zeus electric fracturingHalliburton LabsCarbon capture services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix