Jefferies Reiterates Buy on Halliburton (HAL) Following 3Q

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Go back to Jefferies Reiterates Buy on Halliburton (HAL) Following 3Q

Halliburton Announces Third Quarter 2016 Results

October 19, 2016 6:50 AM EDT

HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) announced today results for the third quarter of 2016 of $0.01 per diluted share.

I am pleased with our third quarter results given the devastation our industry has faced over the last two years. These results reflect the hard work and determination of our organization. While the recent cycle has provided its fair share of challenges, we out-executed even against the very high expectations we place on our organization, said Dave Lesar, Chairman and CEO.

Total company revenue was flat at $3.8 billion, operating income was $128 million,... More