| Halliburton reports 1Q loss | |
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HOUSTON (AP) _ Halliburton Co. (HAL) on Monday reported a first-quarter loss of $643 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Houston-based company said it had a loss of 76 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 49 cents per share.
The results beat Wall Street expectations. The average estimate of 19 analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
The provider of drilling services to oil and gas operators posted revenue of $7.05 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $7.03 billion.
Halliburton shares have increased 19 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 1 percent. The stock has dropped 25 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAL at http://www.zacks.com/ap/HAL
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Keywords: Halliburton, Earnings Report
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Halliburton est une société de production minière et de pétrole basée aux Etats-Unis D'Amerique. Halliburton est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 31,5 milliards US$ (29,4 milliards €). La valeur de son action a atteint son plus bas niveau récent le 25 janvier 2002 à 10,06 US$, et son plus haut niveau récent le 01 mai 2024 à 36,33 US$. Halliburton possède 867 249 984 actions en circulation. |