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Rankings/HAL/Q1 2025 Analysis

Halliburton Co

HAL
Q1 2025(HAL Q4 FY2024)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$540.7M
AI Revenue (Q)
$114.2M
Total Revenue (Q)
$3.8B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Full year 2024 total revenue $22,845M (flat vs 2023). Q4 derived: ~$5,511M. The 2024 10-K states under 2025 Focus: 'Maximize value by utilizing our Zeus IQ electric fracturing platform, our iCruise rotary steerable systems and LOGIX automation.' The explicit mention of 'artificial intelligence solutions' in the Landmark description and new LOGIX automation platform signals growing AI integration. D&E achieved 16% full-year operating margin. Estimated AI revenue for Q4: ~$165M, reflecting growing LOGIX/iCruise adoption. Math: $165M / $5,511M = 3.0%.
Analyzed by claude-opus-4-6

Quoted Figures

Our total revenue was flat in 2024 as compared to 2023
10-K FY2024 Item 7 Executive Overview
Landmark Software and Services: provides cloud based digital services and artificial intelligence solutions on an open architecture
10-K FY2024 Item 1 Operating Segments
North America: Maximize value by utilizing our Zeus IQ electric fracturing platform, our iCruise rotary steerable systems and LOGIX automation
10-K FY2024 2025 Focus
We incorporated next-generation digital and automation technologies in certain of our processes to maximize value and improve efficiency
10-K FY2024 2024 Highlights - Digital

AI Products Identified (Ring 1)

Landmark Software and Services (AI solutions)Sperry Drilling (iCruise intelligent RSS)LOGIX automation platformZeus IQ electric 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.

Chemical business divestitureVoltaGrid power generation collaborationCarbon capture projects

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix