Markets
HAL

Halliburton (HAL) Shares Rise on Q2 Earnings Beat - Tale of the Tape

Houston, Texas-based Halliburton Company ( HAL ) is one of the largest oilfield service providers in the world, offering a variety of equipment, maintenance, and engineering and construction services to the energy, industrial, and government sectors.

Currently, Halliburton has a Zacks Rank #3 (Hold) but that could change following its second quarter 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:

Earnings: Halliburton beats on earnings. Earnings per share from continuing operations (excluding special items) came in at 44 cents, above the Zacks Consensus Estimate of 29 cents.

Revenue: Revenues of $5,919 million came above the Zacks Consensus Estimate of $5,875 million.

Key Stats: Operating income in the Completion & Production segment decreased by almost 65% from the year-earlier quarter to $313 million. Moreover, for the Drilling & Evaluation unit it decreased 3.4% to $400 million.

Stock Price: Following the earnings release, Halliburton has increased 3.7% in the pre-market trading session.

Check back later for our full write up on this Halliburton earnings report later!

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

HALLIBURTON CO (HAL): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

HAL

Other Topics

Earnings Investing Stocks

Latest Markets Videos