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Halliburton Upbeat on International Demand; Cost Cuts to Save $400 Million Annually - Energy News, Top Headlines, Commentaries, Features & Events
By Tanay Dhumal Oct 21 (Reuters) – Halliburton (HAL.N) said on Tuesday it expected international oilfield revenue to rise in the fourth quarter as overall drilling activity remained steady, while projecting $400 million in annual savings from its cost-cutting measures. Shares of the company, the third-largest global oilfield services company by revenue, jumped 9%, aided ...
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Halliburton Upbeat on International Demand; Cost Cuts to Save $400 Million Annually - Energy News, Top Headlines, Commentaries, Features & Events
By Tanay Dhumal Oct 21 (Reuters) – Halliburton (HAL.N) said on Tuesday it expected international oilfield revenue to rise in the fourth quarter as overall drilling activity remained steady, while projecting $400 million in annual savings from its cost-cutting measures. Shares of the company, the third-largest global oilfield services company by revenue, jumped 9%, aided ...
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