Popular Posts Last 7 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last 30 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last year_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts All time_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Islamophobia_$type=carousel$h=350$show=/search/label/Muslim%20World

Saudi Arabia$type=two$count=2$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Iran_$type=three$count=3$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Palestine$type=three$author=hide$comment=hide$rm=hide$date=hide$show=/search/label/Muslim%20World

Halliburton posts international revenue growth, unlike Schlumberger

SHARE:

A Halliburton facility sits behind a barbed wire fence on the outskirts of Williston, North Dakota January 23, 2015.

Worldwide revenues rose for U.S. oilfield services provider Halliburton Co in the third quarter, the company said on Monday, contrasting with the slide in international markets reported by larger rival Schlumberger last week.

International markets are becoming more important for U.S. oil companies, as industry executives brace for the North American fracking frenzy to slow, or “tap the brakes,” as Halliburton had put it in July.

“Our North American business is hitting on all cylinders and our international business proved resilient in a challenging environment,” Chief Executive Jeff Miller said Monday after Halliburton posted its third quarter results.

Halliburton said it completed more oil wells and charged higher prices for fracking in North America, which makes up almost 60 percent of its overall sales.

That helped the company post a profit of 42 cents a share in the third quarter ended Sept 30, beating analysts’ average estimates by 5 cents, according to Thomson Reuters I/B/E/S.

“The concern was that the company would beat sell-side numbers, but disappoint buy-side expectations,” said Credit Suisse, pegging that estimate at 40 cents.

Houston-based Halliburton said revenue from North America surged 91 percent to $3.16 billion in the quarter, while international sales rose nearly 5 percent.

Cross-town neighbor Schlumberger, the world’s largest oilfield service company, had reported a 2 percent drop in international revenues in the quarter, and warned of a weak fourth quarter.

Halliburton said revenue from completion and production from oil wells rose 63 percent to $3.54 billion in the latest quarter. Overall revenue rose 42 percent to $5.44 billion.

COMMENTS

Name

Ads,5,Afghanistan,75,Africa,26,Americas,5,Animals,36,Argentina,1,Asia,235,Australia,11,Austria,5,Bahrain,2,Bangladesh,18,Barcelona,1,Belgium,3,Brunei,1,Business,1300,Canada,4,Catalan,80,China,118,Cuba,3,Czech Republic,3,DR Congo,1,Egypt,22,Ethiopia,1,Europe,237,Fitness,14,France,26,Germany,37,Headlines,11,Health,169,Hillary Clinton,199,Hong Kong,2,Hungary,1,Iceland,1,India,104,Indonesia,9,International,75,Iran,77,Iraq,77,Ireland,2,Islamophobia,19,Israel,10,Italy,3,Japan,36,Jordan,1,Kenya,7,Kosovo,1,Kuwait,3,Lebanon,2,Libya,2,Lifestyle,302,Lithuania,1,Malawi,1,Malaysia,15,Malta,1,Maxico,3,Middle East,127,Muslim World,598,Myanmar,35,Nawaz Sharif,5,Nepal,3,Netherlands,2,New Zealand,9,Niger,1,Nigeria,2,Nobel Prize,81,North Korea,53,Norway,1,Opinion,26,Pakistan,1036,Palestine,36,Philippine,16,Pics,66,Poland,3,Popular,1,Qatar,93,Rohingya,118,Russia,45,Rwanda,1,Saudi Arabia,83,Science,144,Serbia,2,Showbiz,350,Somalia,4,South Africa,1,South Korea,7,Spain,60,Sports,1311,Sudan,1,Sweden,1,Switzerland,2,Syria,112,Taiwan,2,Technology,449,Thailand,5,Today IN History,24,Top News,994,Tunisia,1,Turkey,77,U.S.,301,UAE,21,UK,51,Ukrain,2,Venezuela,4,Videos,75,Vietnam,2,World,4824,Yemen,21,Zimbabwe,2,
ltr
item
Muslim Global: Halliburton posts international revenue growth, unlike Schlumberger
Halliburton posts international revenue growth, unlike Schlumberger
Worldwide revenues rose for U.S. oilfield services provider Halliburton Co in the third quarter, the company said on Monday, contrasting with the slide in international markets reported by larger rival Schlumberger last week. International markets are becoming more important for U.S. oil companies, as industry executives brace for the North American fracking frenzy to slow, or “tap the brakes,” as Halliburton had put it in July.
https://3.bp.blogspot.com/-vMk6RTck3gU/We4hnxbdbvI/AAAAAAAAlK4/DuLGmAbF3ocg44cm95ed1znuGIzD4KNOACLcBGAs/s640/A%2BHalliburton%2Bfacility%2Bsits%2Bbehind%2Ba%2Bbarbed%2Bwire%2Bfence%2Bon%2Bthe%2Boutskirts%2Bof%2BWilliston%252C%2BNorth%2BDakota%2BJanuary%2B23%252C%2B2015.jpg
https://3.bp.blogspot.com/-vMk6RTck3gU/We4hnxbdbvI/AAAAAAAAlK4/DuLGmAbF3ocg44cm95ed1znuGIzD4KNOACLcBGAs/s72-c/A%2BHalliburton%2Bfacility%2Bsits%2Bbehind%2Ba%2Bbarbed%2Bwire%2Bfence%2Bon%2Bthe%2Boutskirts%2Bof%2BWilliston%252C%2BNorth%2BDakota%2BJanuary%2B23%252C%2B2015.jpg
Muslim Global
http://www.muslimglobal.com/2017/10/halliburton-posts-international-revenue.html
http://www.muslimglobal.com/
http://www.muslimglobal.com/
http://www.muslimglobal.com/2017/10/halliburton-posts-international-revenue.html
true
616431133175714168
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy