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Stock impact report

UPDATE 2-Halliburton profit beats on international demand, N. America lags [Reuters]

Halliburton Company (HAL) 
Last halliburton company earnings: 4/20 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.halliburton.com
Company Research Source: Reuters
Halliburton profit beats on international demand, North America lags (Reuters) - Halliburton Co ( HAL.N Clients in North America, Halliburton’s biggest market by revenue, began pulling back on some drilling services last year amid transportation bottlenecks in the largest U.S. production region and after oil prices slid sharply in the fourth quarter. An oil glut and concerns about a global economic slowdown have pushed U.S. crude CLc1 down about 30 percent since their October high to around $53 a barrel. Houston-based Halliburton said revenue from North America fell about 2 percent to $3.3 billion from a year earlier and dropped 11 percent from the third quarter. International revenue rose to $2.6 billion from $2.5 billion from a year earlier. It rose 7 percent from the third quarter. “In North America, the demand for completions services decreased during the fourth quarter, leading to lower pricing for hydraulic fracturing services,” Chief Executive Officer Jeff Miller said in a stat Show less Read more
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