Halliburton reports better-than-expected earnings on big North America revenue jump

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Haliburton reported on Tuesday quarterly results that topped analyst expectations amid strong revenue from its North America business.

The oilfield services company posted a profit of 18 cents per share on revenue of $3.24 billion for the fourth quarter.

The oilfield services company posted a profit of 18 cents per share on revenue of $3.24 billion for the fourth quarter. Analysts expected earnings per share of 15 cents on revenue of $3.21 billion, according to Refinitiv. CEO Jeff Miller said in a statement he was "optimistic about the activity momentum" in North America, adding he expects international drilling to recover later this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines