Halliburton Earnings Beat Estimates In Tight Oilfield Services Market ...Middle East

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Halliburton Earnings Beat Estimates In Tight Oilfield Services Market
source : OILPRICE ( Middle East ) () 30
Halliburton (NYSE: HAL) on Tuesday reported first-quarter earnings beating analyst expectations amid strong demand for oilfield services and tight service capacity. Halliburton, the leading fracking services provider among the industry’s top three firms, followed Baker Hughes and SLB (formerly Schlumberger) in reporting earnings above consensus forecasts for the first quarter of this year despite a decline in oil and gas prices.   Halliburton’s net income for the first quarter rose to $651 million, or $0.72 per diluted share, up…

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