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HAL.WD Halliburton

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Share Name Share Symbol Market Type
Halliburton NYSE:HAL.WD NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Halliburton Beats On Profit, Sales Despite Demand Challenges

22/10/2018 12:29pm

Dow Jones News


Halliburton (NYSE:HAL.WD)
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From Jul 2019 to Jul 2024

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   Micah Maidenberg 
 

Halliburton Co. (HAL) reported a profit of $435 million, or 50 cents a share, in the third quarter, despite what the oilfield services company said was weaker demand in North America for some services.

Earnings were up 19% compared to the same period last year. Analysts surveyed by FactSet predicted 49 cents a share.

Sales rose 13% to $6.17 billion for the quarter, beating than the $6.11 billion analysts expected, according to FactSet.

Halliburton's largest segment, completion and production, booked sales of $4.17 billion in the third quarter, up 15% from last year. The unit sells everything from cement oil-well casings to chemicals.

 

Write to Micah Maidenberg at micah.maidenberg@wsj.com

 

(END) Dow Jones Newswires

October 22, 2018 07:14 ET (11:14 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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