Halliburton (HAL) Management Expects Tough 2016 - Oppenheimer Cuts PT to $40

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Halliburton Announces Fourth Quarter Income from Continuing Operations of $0.31 Per Diluted Share, Excluding Special Items

January 25, 2016 6:50 AM EST

Reported loss from continuing operations of $0.03 per diluted share

HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) announced today that income from continuing operations for the fourth quarter of 2015 was $270 million, or $0.31 per diluted share, excluding special items. This compares to income from continuing operations for the third quarter of 2015 of $265 million, or $0.31 per diluted share, excluding special items. Adjusted operating income was $473 million in the fourth quarter of 2015, compared to adjusted operating income of $506 million in the third quarter of 2015. Halliburton's total revenue in the fourth quarter of 2015 was $5.1 billion, compared... More