Top oilfield service firms SLB and Halliburton posted higher quarterly profits on Friday, helped by demand from international customers for their drilling equipment and services.
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Halliburton beat first-quarter profit estimates on Tuesday as higher drilling demand from international markets helped the oilfield services firm counter a slowdown in North America.
Shares of oil-services firm Halliburton are sliding early Tuesday after third-quarter revenue came in slightly below analysts’ expectations.
Halliburton Co.’s stock HAL, +2.01% edged lower in premarket trade Wednesday, after the oil services company’s second-quarter revenue fell slightly short of estimates.
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