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Stock impact report

Why RPC (RES) Stock Is Trading Up Today [Yahoo! Finance]

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: Yahoo! Finance
provider Halliburton, reported first-quarter profits that beat Wall Street estimates. The positive results from an industry giant created optimism for the broader sector. Halliburton posted an adjusted profit of 55 cents per share, surpassing analysts' expectations of 50 cents. The strong performance was driven by increased demand in international markets. Specifically, revenue from Latin America jumped 22%, while revenue from Europe and Africa rose 11%. This international strength helped offset a slowdown in other regions and suggested a healthy business environment for companies providing oilfield services. After the initial pop the shares cooled down to $7.16, up 3.7% from previous close. Is now the time to buy RPC? Access our full analysis report here, it's free What Is The Market Telling Us RPC's shares are quite volatile and have had 18 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not Show less Read more
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