Halliburton Announces First Quarter 2020 Results

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Go back to Halliburton Announces First Quarter 2020 Results

Halliburton (HAL) tops Q1 EPS by 7c, expects further decline in revenue and profitability in 2020

April 20, 2020 6:49 AM EDT

Halliburton (NYSE: HAL) reported Q1 EPS of $0.31, $0.07 better than the analyst estimate of $0.24. Revenue for the quarter came in at $5.04 billion versus the consensus estimate of $5.01 billion.

COVID-19 Pandemic and Market Conditions Update

The COVID-19 pandemic and related economic repercussions have created significant volatility, uncertainty, and turmoil in the oil and gas industry. Oil demand has significantly deteriorated as a result of the virus outbreak and corresponding preventative measures taken around the world to mitigate the spread of the virus. In the midst of the ongoing COVID-19... More