Halliburton shares are down 2% in pre-conference trading, moving away from the three-and-a-half-year high at the previous meeting, despite the fact that the oil services company announced earnings and earnings for the first quarter higher than expected.
Net income rose to $ 263 million, or 29 cents a share, from $ 170 million, or 19 cents a share, a year ago.
If the extraordinary, adjusted earnings per share of 35 cents are subtracted, they were higher than the estimates for 34 cents.
Total revenue rose 24.1% to $ 4.28 billion, higher than the $ 4.20 billion estimate.
“Supporting commodity prices and boosting customer demand in the face of an almost depleted equipment market are expected to lead to the development of integration and production margins.”
Source: Capital
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