Halliburton said fourth-quarter net income fell as activity slowed in some parts of the U.S. oil patch, a trend the company expects to continue in 2025, despite President Trump’s vow to open up more drilling opportunities.
Halliburton said fourth-quarter net income fell as activity slowed in some parts of the U.S. oil patch, a trend the company expects to continue in 2025, despite President Trump’s vow to open up more drilling opportunities.
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.
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.