Halliburton Tops Q3 Earnings Estimates on Solid North American Demand ...Middle East

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Halliburton Tops Q3 Earnings Estimates on Solid North American Demand
source : OILPRICE ( Middle East ) () 58
Halliburton Company (NYSE: HAL) saw its third-quarter earnings top Wall Street expectations on steady drilling and stimulation demand in North America. Halliburton, the oilfield services giant with the highest exposure to the U.S. fracking market, on Tuesday reported an adjusted net income of $0.58 per diluted share for the third quarter. That’s down from $0.73 a year earlier, but higher than the $0.55 EPS for the second quarter and the $0.50 per share income expected for Q3 in an analyst consensus in The Wall Street Journal. Halliburton’s…

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