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Halliburton Company latest news:
Aker BP in rig, well deals with Maersk, Odfjell, Halliburton
Norwegian oil firm Aker BP ASA (DETNF) said on Tuesday: * Entered into separate agreements with Maersk Drilling and Halliburton (HAL) for jack-up drilling rigs, and with Odfjell Drilling and Halliburton (HAL) for semi-submersible drilling rigs. * The framework agreements are five years firm with the option to extend for five years.
Halliburton warns of slower growth as U.S. rig count drops
(Reuters) - Oilfield services giant Halliburton Co on Monday warned of slower growth at its oil well drilling and evaluation business, reflecting a steady drop in rig counts in the United States.
UPDATE 3-Halliburton warns of slower growth as U.S. rig count drops
Oct 23 (Reuters) - Oilfield services giant Halliburton Co
on Monday warned of slower growth at its oil well
drilling and evaluation business, reflecting a steady drop in
rig counts in the United States.
Halliburton Tops Estimates on Strong US Performance
Halliburton earnings, revenue beat estimates
Halliburton Co. [s:HAL] on Monday announced third-quarter net income of $361 million, or per-share earnings of 42 cents, compared to $28 million, and one cent, in the year-ago quarter. That beat the FactSet consensus of 37 cents. Revenue came to $5.444 billion, versus $3.833 billion, a year ago. That also edged consensus estimates of $5.342 billion. "Our North American business is hitting on all cylinders and our international business proved resilient in a challenging environment. These results demonstrate why Halliburton is the execution company," said CEO Jeff Miller in a release. Company shares have lost 20% for the year to date, while the Dow Jones Industrial Average [s:djia] has risen 18%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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