Quantcast

Halliburton profit down, sees more growth outside North America

By Reuters
Monday, July 22, 2013 7:33 EDT
google plus icon
["Oil Field In Desert" on Shutterstock]
 
  • Print Friendly and PDF
  • Email this page

(Reuters) – Halliburton Co , the world’s second-largest oilfield services company, on Monday reported a decline in quarterly profit but said it had more headway outside its home U.S. market, which has been turned upside down by a natural gas glut.

Its second-quarter profit fell to $679 million, or 73 cents per share, from $737 million, or 79 cents per share, a year ago. Analysts had expected a profit of 72 cents per share, according to Thomson Reuters I/B/E/S. Revenue rose 1 percent to $7.3 billion.

(Reporting by Braden Reddall in San Francisco; Editing by Maureen Bavdek)

Reuters
Reuters
Reuters.com brings you the latest news from around the world, covering breaking news in business, politics, technology, and more.
 
 
 
 
By commenting, you agree to our terms of service
and to abide by our commenting policy.
 
Google+