Halliburton jumps after Q3 earnings beat; sees multiyear demand growth for oilfield services
FROM THE WIRE · SEEKINGALPHA.COM
[Halliburton Co. in Fort Worth, Texas] Ronald Martinez/Getty Images News Halliburton (HAL [https://seekingalpha.com/symbol/HAL]) rose 3.8% pre-market Tuesday after reporting Q3 adjusted earnings…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA Q3 earnings beat from a major oilfield services provider can move the stock and the energy services sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Halliburton reported Q3 adjusted EPS of $0.60, above expectations.
- 02Revenue rose 1.8% to $5.7 billion.
- 03Strong demand in Latin America offset declining North American revenue.
- 04The stock rose 3.8% in pre-market trading.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets